TripAdvisor
TRIP
275 hedge funds and large institutions have $1.71B invested in TripAdvisor in 2023 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 109 increasing their positions, 83 reducing their positions, and 39 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 83
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 39
2% more funds holding
Funds holding: 270 → 275 (+5)
1.54% more ownership
Funds ownership: 78.67% → 80.21% (+1.5%)
16% less capital invested
Capital invested by funds: $2.04B → $1.71B (-$329M)
74% less call options, than puts
Call options by funds: $54.7M | Put options by funds: $210M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$32.2M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$30.7M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$26.5M |
| 4 |
SIM
SRS Investment Management
New York
|
+$21.9M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$105M |
| 2 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$55.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$35.2M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$28.5M |
| 5 |
Goldman Sachs
New York
|
-$18.5M |
TRIP Hedge Fund Activity: Q2 2023 in Review
275 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2023, worth a combined $1.71B — down 16% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new TRIP positions and 39 closed out — a net gain of 8 holders — while 109 added to existing stakes and 83 trimmed.
The largest buyer was Man Group, opening a new position worth an estimated $32.2M. The largest seller was Select Equity Group, cutting an estimated $105M.
- 275 institutional investors held TripAdvisor (TRIP) as of Q2 2023, up from 270 in Q1 2023.
- Funds reported $1.71B of TripAdvisor stock for Q2 2023, down 16% quarter-over-quarter.
- 47 funds opened new TripAdvisor positions in Q2 2023 and 39 closed out, a net change of +8 holders.
- The largest TripAdvisor buyer in Q2 2023 was Man Group, an estimated $32.2M added.
- The largest TripAdvisor seller in Q2 2023 was Select Equity Group, an estimated $105M sold.
Based on aggregated 13F filings for Q2 2023.