TripAdvisor
TRIP
255 hedge funds and large institutions have $1.77B invested in TripAdvisor in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 87 increasing their positions, 94 reducing their positions, and 50 closing their positions.
3.83% more ownership
Funds ownership: 80.21% → 84.04% (+3.8%)
4% more capital invested
Capital invested by funds: $1.71B → $1.77B (+$60.2M)
7% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 94
7% less funds holding
Funds holding: 275 → 255 (-20)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
36% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 50
80% less call options, than puts
Call options by funds: $39.2M | Put options by funds: $198M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$67.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$23.5M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$23M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.6M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$31M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$28.1M |
| 3 |
Select Equity Group
New York
|
-$27.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$19.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$14.9M |
TRIP Hedge Fund Activity: Q3 2023 in Review
255 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2023, worth a combined $1.77B — up 3.5% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of TRIP and 32 opened new positions — a net loss of 18 holders — while 94 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $67.3M. The largest seller was Man Group, exiting entirely with an estimated $31M sold.
- 255 institutional investors held TripAdvisor (TRIP) as of Q3 2023, down from 275 in Q2 2023.
- Funds reported $1.77B of TripAdvisor stock for Q3 2023, up 3.5% quarter-over-quarter.
- 32 funds opened new TripAdvisor positions in Q3 2023 and 50 closed out, a net change of -18 holders.
- The largest TripAdvisor buyer in Q3 2023 was BlackRock, an estimated $67.3M added.
- The largest TripAdvisor seller in Q3 2023 was Man Group, an estimated $31M sold.
Based on aggregated 13F filings for Q3 2023.