TripAdvisor
TRIP
315 hedge funds and large institutions have $1.8B invested in TripAdvisor in 2025 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 114 increasing their positions, 104 reducing their positions, and 38 closing their positions.
32% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 38
19% more call options, than puts
Call options by funds: $81.8M | Put options by funds: $68.9M
2% more funds holding
Funds holding: 308 → 315 (+7)
10% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 104
6.13% less ownership
Funds ownership: 111.78% → 105.65% (-6.1%)
15% less capital invested
Capital invested by funds: $2.11B → $1.8B (-$307M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$15.9M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$14.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCU
Palliser Capital (UK)
London,
United Kingdom
|
-$20.2M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$20.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$15.3M |
| 4 |
Holocene Advisors
New York
|
-$12.4M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
-$10.7M |
TRIP Hedge Fund Activity: Q4 2025 in Review
315 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2025, worth a combined $1.8B — down 15% from $2.11B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new TRIP positions and 38 closed out — a net gain of 12 holders — while 114 added to existing stakes and 104 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $15.9M. The largest seller was Palliser Capital (UK), exiting entirely with an estimated $20.2M sold.
- 315 institutional investors held TripAdvisor (TRIP) as of Q4 2025, up from 308 in Q3 2025.
- Funds reported $1.8B of TripAdvisor stock for Q4 2025, down 15% quarter-over-quarter.
- 50 funds opened new TripAdvisor positions in Q4 2025 and 38 closed out, a net change of +12 holders.
- The largest TripAdvisor buyer in Q4 2025 was SG Americas Securities, an estimated $15.9M added.
- The largest TripAdvisor seller in Q4 2025 was Palliser Capital (UK), an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2025.