TripAdvisor
TRIP
273 hedge funds and large institutions have $1.86B invested in TripAdvisor in 2022 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 98 increasing their positions, 95 reducing their positions, and 45 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 95
3% less funds holding
Funds holding: 281 → 273 (-8)
3.04% less ownership
Funds ownership: 83.8% → 80.76% (-3%)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
21% less capital invested
Capital invested by funds: $2.35B → $1.86B (-$495M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
56% less call options, than puts
Call options by funds: $63.8M | Put options by funds: $144M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$34.4M |
| 2 |
Select Equity Group
New York
|
+$32.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$22.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.3M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$53.2M |
| 2 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$37.3M |
| 3 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$27.7M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$24.2M |
| 5 |
ClearBridge Investments
New York
|
-$16.4M |
TRIP Hedge Fund Activity: Q4 2022 in Review
273 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2022, worth a combined $1.86B — down 21% from $2.35B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of TRIP and 40 opened new positions — a net loss of 5 holders — while 95 trimmed existing stakes and 98 added.
The largest buyer was Renaissance Technologies, adding an estimated $34.4M. The largest seller was Polar Capital Holdings, cutting an estimated $53.2M.
- 273 institutional investors held TripAdvisor (TRIP) as of Q4 2022, down from 281 in Q3 2022.
- Funds reported $1.86B of TripAdvisor stock for Q4 2022, down 21% quarter-over-quarter.
- 40 funds opened new TripAdvisor positions in Q4 2022 and 45 closed out, a net change of -5 holders.
- The largest TripAdvisor buyer in Q4 2022 was Renaissance Technologies, an estimated $34.4M added.
- The largest TripAdvisor seller in Q4 2022 was Polar Capital Holdings, an estimated $53.2M sold.
Based on aggregated 13F filings for Q4 2022.