trivago
TRVG
72 hedge funds and large institutions have $319M invested in trivago in 2017 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 50 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
2.66% less ownership
Funds ownership: 22.08% → 19.42% (-2.7%)
26% less funds holding
Funds holding: 97 → 72 (-25)
48% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 50
59% less capital invested
Capital invested by funds: $786M → $319M (-$468M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
85% less call options, than puts
Call options by funds: $2.19M | Put options by funds: $14.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$59.3M |
| 2 |
CCM
Cadian Capital Management
New York
|
+$48.3M |
| 3 |
MCL
MIK Capital LLC
New York
|
+$14M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$10.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$54.5M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$46.6M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$43.3M |
| 4 |
EC
EMS Capital
New York
|
-$27M |
| 5 |
O
OppenheimerFunds
New York
|
-$16.4M |
TRVG Hedge Fund Activity: Q3 2017 in Review
72 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in trivago (TRVG) for Q3 2017, worth a combined $319M — down 59% from $786M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of TRVG and 26 opened new positions — a net loss of 24 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $59.3M. The largest seller was PAR Capital Management, cutting an estimated $54.5M.
- 72 institutional investors held trivago (TRVG) as of Q3 2017, down from 97 in Q2 2017.
- Funds reported $319M of trivago stock for Q3 2017, down 59% quarter-over-quarter.
- 26 funds opened new trivago positions in Q3 2017 and 50 closed out, a net change of -24 holders.
- The largest trivago buyer in Q3 2017 was T. Rowe Price Associates, an estimated $59.3M added.
- The largest trivago seller in Q3 2017 was PAR Capital Management, an estimated $54.5M sold.
Based on aggregated 13F filings for Q3 2017.