TripAdvisor
TRIP
281 hedge funds and large institutions have $2.35B invested in TripAdvisor in 2022 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 105 increasing their positions, 81 reducing their positions, and 33 closing their positions.
52% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 33
30% more capital invested
Capital invested by funds: $1.81B → $2.35B (+$542M)
30% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 81
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6% more funds holding
Funds holding: 265 → 281 (+16)
4.58% more ownership
Funds ownership: 79.22% → 83.8% (+4.6%)
67% less call options, than puts
Call options by funds: $56.8M | Put options by funds: $172M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$52.1M |
| 2 |
Man Group
London,
United Kingdom
|
+$35.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$25.3M |
| 4 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$22.2M |
| 5 |
Two Sigma Investments
New York
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$48.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$29M |
| 3 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$13.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$12.8M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$12.2M |
TRIP Hedge Fund Activity: Q3 2022 in Review
281 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2022, worth a combined $2.35B — up 30% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new TRIP positions and 33 closed out — a net gain of 17 holders — while 105 added to existing stakes and 81 trimmed.
The largest buyer was Select Equity Group, adding an estimated $52.1M. The largest seller was PAR Capital Management, cutting an estimated $48.4M.
- 281 institutional investors held TripAdvisor (TRIP) as of Q3 2022, up from 265 in Q2 2022.
- Funds reported $2.35B of TripAdvisor stock for Q3 2022, up 30% quarter-over-quarter.
- 50 funds opened new TripAdvisor positions in Q3 2022 and 33 closed out, a net change of +17 holders.
- The largest TripAdvisor buyer in Q3 2022 was Select Equity Group, an estimated $52.1M added.
- The largest TripAdvisor seller in Q3 2022 was PAR Capital Management, an estimated $48.4M sold.
Based on aggregated 13F filings for Q3 2022.