TripAdvisor
TRIP
290 hedge funds and large institutions have $1.8B invested in TripAdvisor in 2026 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 100 increasing their positions, 89 reducing their positions, and 47 closing their positions.
29% more capital invested
Capital invested by funds: $1.4B → $1.8B (+$401M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 47
12% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 89
7% more call options, than puts
Call options by funds: $152M | Put options by funds: $142M
1% more funds holding
Funds holding: 288 → 290 (+2)
1.44% less ownership
Funds ownership: 114.23% → 112.78% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$27.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$24.8M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$24.2M |
| 4 |
Morgan Stanley
New York
|
+$21.8M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$64.2M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$26.5M |
| 3 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$18.3M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$14M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$11.4M |
TRIP Hedge Fund Activity: Q2 2026 in Review
290 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2026, worth a combined $1.8B — up 29% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new TRIP positions and 47 closed out — a net gain of 7 holders — while 100 added to existing stakes and 89 trimmed.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $27.6M. The largest seller was Starboard Value, cutting an estimated $64.2M.
- 290 institutional investors held TripAdvisor (TRIP) as of Q2 2026, up from 288 in Q1 2026.
- Funds reported $1.8B of TripAdvisor stock for Q2 2026, up 29% quarter-over-quarter.
- 54 funds opened new TripAdvisor positions in Q2 2026 and 47 closed out, a net change of +7 holders.
- The largest TripAdvisor buyer in Q2 2026 was Rubric Capital Management (New York), an estimated $27.6M added.
- The largest TripAdvisor seller in Q2 2026 was Starboard Value, an estimated $64.2M sold.
Based on aggregated 13F filings for Q2 2026.