trivago
TRVG
51 hedge funds and large institutions have $149M invested in trivago in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 10 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0% more funds holding
Funds holding: 51 → 51 (0)
6.04% less ownership
Funds ownership: 22.26% → 16.22% (-6%)
15% less call options, than puts
Call options by funds: $382K | Put options by funds: $451K
23% less capital invested
Capital invested by funds: $194M → $149M (-$45M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$5.59M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$5.06M |
| 3 |
Morgan Stanley
New York
|
+$2.95M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$2.48M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$11.8M |
| 2 |
PGM
Parian Global Management
Pound Ridge,
New York
|
-$5.11M |
| 3 |
Millennium Management
New York
|
-$4.29M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$884K |
| 5 |
SC
Sculptor Capital
New York
|
-$659K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PGM
51
Parian Global Management
Pound Ridge,
New York
| – | -$5.11M | -181,532 | Closed |
|
|
PI
52
Putnam Investments
Boston,
Massachusetts
| – | -$884K | -31,391 | Closed |
|
|
SC
53
Sculptor Capital
New York
| – | -$659K | -23,400 | Closed |
|
54
Walleye Trading
New York
| – | -$414K | -14,704 | Closed |
|
|
PI
55
PEAK6 Investments
Chicago,
Illinois
| – | -$100K | -3,567 | Closed |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$86K | -3,040 | Closed |
|
|
SKK
57
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$68K | -2,400 | Closed |
|
|
AC
58
Apertura Capital
Dallas,
Texas
| – | -$56K | -2,000 | Closed |
|
|
LTFS
59
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$45K | -1,590 | Closed |
|
|
AG
60
Advisor Group
Phoenix,
Arizona
| – | -$8K | -300 | Closed |
|
TRVG Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in trivago (TRVG) for Q1 2019, worth a combined $149M — down 23% from $194M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TRVG positions and 10 closed out — a net gain of 1 holder — while 21 added to existing stakes and 12 trimmed.
The largest buyer was Altimeter Capital Management, adding an estimated $5.59M. The largest seller was 683 Capital Management, cutting an estimated $11.8M.
- 51 institutional investors held trivago (TRVG) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $149M of trivago stock for Q1 2019, down 23% quarter-over-quarter.
- 11 funds opened new trivago positions in Q1 2019 and 10 closed out, a net change of +1 holder.
- The largest trivago buyer in Q1 2019 was Altimeter Capital Management, an estimated $5.59M added.
- The largest trivago seller in Q1 2019 was 683 Capital Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2019.