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TRVG

trivago

63 hedge funds and large institutions have $174M invested in trivago in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 12

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.94% less ownership

Funds ownership: 19.42%16.49% (-2.9%)

13% less funds holding

Funds holding: 7263 (-9)

26% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 31

45% less capital invested

Capital invested by funds: $319M → $174M (-$145M)

77% less call options, than puts

Call options by funds: $3.16M | Put options by funds: $13.9M

Holders
63
Holders Change
-9
Holders Change %
-12.5%
% of All Funds
1.43%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
23
Increased
20
Reduced
12
Closed
31
Calls
$3.16M
Puts
$13.9M
Net Calls
-$10.7M
Net Calls Change
+$1.41M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$43.1M -$10.6M -257,495 -17%
CCM
2
Cadian Capital Management
New York
$20.5M +$1.02M +25,000 +4%
AGA
3
Altrinsic Global Advisors
Connecticut
$17.4M +$20.9M +508,842 New
6CM
4
683 Capital Management
New York
$15.9M +$19M +463,842 New
Deutsche Bank
5
Deutsche Bank
Germany
$13.2M +$7.53M +183,674 +91%
Morgan Stanley
6
Morgan Stanley
New York
$8.25M +$6.53M +159,372 +195%
Citadel Advisors
7
Citadel Advisors
Florida
$5.96M +$6.29M +153,545 +746%
PCM
8
PAR Capital Management
Massachusetts
$5.13M -$18.4M -450,000 -75%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$4.5M +$2.98M +72,626 +123%
Norges Bank
10
Norges Bank
Norway
$4.38M
Two Sigma Investments
11
Two Sigma Investments
New York
$3.79M +$3.48M +84,842 +327%
Bank of America
12
Bank of America
North Carolina
$3.07M +$3.41M +83,108 +1,246%
ACM
13
Altimeter Capital Management
Massachusetts
$2.81M
Two Sigma Advisers
14
Two Sigma Advisers
New York
$2.41M +$502K +12,240 +21%
LCM
15
Landscape Capital Management
New Jersey
$2.34M +$1.16M +28,362 +71%
Goldman Sachs
16
Goldman Sachs
New York
$2.23M +$2.5M +61,002 +1,464%
GIM
17
Granahan Investment Management
Massachusetts
$2.04M -$343K -8,373 -12%
PCM
18
Penserra Capital Management
California
$1.9M +$1.65M +40,219 +262%
USAA
19
United Services Automobile Association
Texas
$1.8M -$157K -3,830 -7%
Point72 Asset Management
20
Point72 Asset Management
Connecticut
$1.71M +$2.05M +50,000 New
Russell Investments Group
21
Russell Investments Group
United Kingdom
$1.21M +$631K +15,385 +79%
Group One Trading
22
Group One Trading
Illinois
$1.07M +$978K +23,853 +315%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$968K +$414K +10,100 +55%
PA
24
Profund Advisors
Maryland
$951K +$1.14M +27,800 New
TD Asset Management
25
TD Asset Management
Ontario, Canada
$742K -$169K -4,122 -16%

TRVG Hedge Fund Activity: Q4 2017 in Review

63 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in trivago (TRVG) for Q4 2017, worth a combined $174M — down 45% from $319M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of TRVG and 23 opened new positions — a net loss of 8 holders — while 12 trimmed existing stakes and 20 added.

The largest buyer was Altrinsic Global Advisors, opening a new position worth an estimated $20.9M. The largest seller was Foxhaven Asset Management, exiting entirely with an estimated $42.4M sold.

  • 63 institutional investors held trivago (TRVG) as of Q4 2017, down from 72 in Q3 2017.
  • Funds reported $174M of trivago stock for Q4 2017, down 45% quarter-over-quarter.
  • 23 funds opened new trivago positions in Q4 2017 and 31 closed out, a net change of -8 holders.
  • The largest trivago buyer in Q4 2017 was Altrinsic Global Advisors, an estimated $20.9M added.
  • The largest trivago seller in Q4 2017 was Foxhaven Asset Management, an estimated $42.4M sold.

Based on aggregated 13F filings for Q4 2017.