TRIP COM GROUP LTD TCOM
ADS · ADR · CUSIP 89677Q107 · ISIN US89677Q1076
Chinese provider of travel services
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersShanghai, People's Republic of China
- Founded1999
- Websitegroup.trip.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($539.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.90. Options: 18 managers hold calls ($145.5m notional), 20 hold puts ($141.9m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 312 |
| Q4 2022 | 334 |
| Q1 2023 | 363 |
| Q2 2023 | 344 |
| Q3 2023 | 354 |
| Q4 2023 | 328 |
| Q1 2024 | 350 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 157 | 172 |
| Q1 2023 | 199 | 165 |
| Q2 2023 | 161 | 207 |
| Q3 2023 | 155 | 178 |
| Q4 2023 | 128 | 208 |
| Q1 2024 | 180 | 167 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $95.3m | $46.0m | 0.48 |
| Q3 2023 | $213.9m | $87.1m | 0.41 |
| Q4 2023 | $80.2m | $89.5m | 1.12 |
| Q1 2024 | $145.5m | $141.9m | 0.98 |
Biggest buyers
| MORGAN STANLEY | Added | +33.7m |
| Capital World Investors | Added | +10.6m |
| BANK OF AMERICA CORP /DE/ | Added | +2.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +1.6m |
| RWC ASSET ADVISORS (US) LLC | Added | +1.3m |
| KEYSTONE INVESTORS PTE LTD | New | +1.2m |
| MILLENNIUM MANAGEMENT LLC | Added | +940.6k |
| NATIONAL BANK OF CANADA /FI/ | Added | +859.1k |
| Driehaus Capital Management LLC | Added | +819.1k |
| Trivest Advisors Ltd | New | +758.0k |
Biggest sellers
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -2.5m |
| Maytree Asset Management Ltd | Sold out | -2.4m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.8m |
| Assenagon Asset Management S.A. | Sold out | -1.5m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.4m |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -1.2m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.1m |
| FMR LLC | Reduced | -1.1m |
| AXIOM INVESTORS LLC /DE | Reduced | -609.5k |
Biggest calls
| UBS Group AG | Added | $59.8m1.4m shares |
| GOLDMAN SACHS GROUP INC | New | $17.7m403.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.4m328.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.3m235.8k shares |
| SANDLER CAPITAL MANAGEMENT | New | $10.1m230.0k shares |
| CITADEL ADVISORS LLC | Reduced | $5.9m134.6k shares |
| PEAK6 Investments LLC | Reduced | $5.4m122.0k shares |
| IMC-Chicago, LLC | Reduced | $4.8m110.0k shares |
| GTS SECURITIES LLC | Added | $4.3m99.1k shares |
| Walleye Trading LLC | Reduced | $3.4m77.3k shares |
Biggest puts
| JPMORGAN CHASE & CO | New | $35.4m807.0k shares |
| HBK INVESTMENTS L P | Unchanged | $20.3m463.2k shares |
| UBS Group AG | Added | $16.1m366.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.6m331.9k shares |
| SIMPLEX TRADING, LLC | Added | $12.2m277.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $9.1m206.9k shares |
| CITADEL ADVISORS LLC | Added | $8.6m196.7k shares |
| PEAK6 Investments LLC | Reduced | $4.9m112.5k shares |
| IMC-Chicago, LLC | Reduced | $4.2m96.8k shares |
| GTS SECURITIES LLC | Added | $3.8m87.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2025-01-30 | 5.1% |
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.10% of their portfolio | 83.9m $3.7bn | Added +33.7m |
| Capital World Investors 0.36% of their portfolio | 49.0m $2.1bn | Added +10.6m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.59% of their portfolio | 11.5m $502.7m | Added +1.6m |
| FMR LLC 0.03% of their portfolio | 8.9m $389.7m | Reduced -1.1m |
| Capital International Investors 0.07% of their portfolio | 7.9m $348.6m | Added +29.8k |
| FIL Ltd 0.34% of their portfolio | 7.9m $345.5m | Added +465.0k |
| ARGA Investment Management, LP 7.08% of their portfolio | 4.8m $211.3m | Added +219.4k |
| Kontiki Capital Management (HK) Ltd. 21.89% of their portfolio | 4.5m $198.5m | Added +83.2k |
| CoreView Capital Management Ltd 24.77% of their portfolio | 4.0m $177.2m | Unchanged |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.7m $160.2m | Reduced -588.4k |
| Vontobel Holding Ltd. 1.23% of their portfolio | 3.5m $154.4m | Reduced -284.3k |
| Legal & General Group Plc 0.04% of their portfolio | 3.4m $151.1m | Reduced -47.9k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 3.2m $140.8m | Reduced -1.1m |
| PLATINUM INVESTMENT MANAGEMENT LTD 5.58% of their portfolio | 3.2m $138.3m | Reduced -67.3k |
| Fisher Asset Management, LLC 0.06% of their portfolio | 3.1m $134.8m | Reduced -600.7k |
| Green Court Capital Management Ltd 52.63% of their portfolio | 3.0m $131.9m | Reduced -415.7k |
| Ninety One UK Ltd 0.33% of their portfolio | 2.7m $119.0m | Reduced -591.3k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.6m $116.2m | Reduced -1.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.6m $114.2m | Added +2.0m |
| Man Group plc 0.29% of their portfolio | 2.5m $108.7m | Added +202.1k |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 2.2m $95.5m | Reduced -40.5k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 2.0m $86.6m | Reduced -38.0k |
| Capital International, Inc./CA/ 1.15% of their portfolio | 1.9m $84.8m | Reduced -180.6k |
| BRILLIANCE ASSET MANAGEMENT LTD 18.43% of their portfolio | 1.9m $83.5m | Reduced -1.8k |
| FEDERATED HERMES, INC. 0.19% of their portfolio | 1.8m $80.9m | Added +404.4k |
| AXIOM INVESTORS LLC /DE 0.68% of their portfolio | 1.8m $78.3m | Reduced -609.5k |
| Robeco Institutional Asset Management B.V. 0.17% of their portfolio | 1.8m $77.1m | Added +546.0k |
| BlackRock Inc. 0.00% of their portfolio | 1.7m $73.6m | Added +6.3k |
| RWC ASSET ADVISORS (US) LLC 5.77% of their portfolio | 1.7m $73.5m | Added +1.3m |
| Driehaus Capital Management LLC 0.72% of their portfolio | 1.6m $72.3m | Added +819.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 1.6m $69.2m | Reduced -34.9k |
| PZENA INVESTMENT MANAGEMENT LLC 0.22% of their portfolio | 1.5m $64.5m | Reduced -1.2m |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 1.5m $64.2m | Added +940.6k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.4m $61.9m | Reduced -208.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 1.4m $60.3m | Added +83.7k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 1.3m $58.9m | Reduced -365.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 1.3m $58.8m | Added +149.6k |
| C WorldWide Group Holding A/S 0.66% of their portfolio | 1.3m $57.9m | Reduced -17.7k |
| Mirae Asset Global Investments Co., Ltd. 0.11% of their portfolio | 1.3m $49.9m | Reduced -5.7k |
| KEYSTONE INVESTORS PTE LTD 4.44% of their portfolio | 1.2m $51.2m | New |
| LOOMIS SAYLES & CO L P 0.07% of their portfolio | 1.1m $50.1m | Reduced -37.0k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 1.1m $49.8m | Reduced -7.5k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 1.1m $46.8m | Reduced -227.8k |
| NS Partners Ltd 2.13% of their portfolio | 1.1m $46.3m | Reduced -11.9k |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 951.7k $41.8m | Reduced -32.7k |
| Origin Asset Management LLP 11.43% of their portfolio | 946.1k $41.5m | Added +256.6k |
| MARSHALL WACE, LLP 0.07% of their portfolio | 898.3k $39.4m | Reduced -139.0k |
| ThornTree Capital Partners LP 6.39% of their portfolio | 862.6k $37.9m | Added +262.0k |
| NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio | 859.3k $46.0m | Added +859.1k |
| Trivest Advisors Ltd 1.17% of their portfolio | 758.0k $33.3m | New |
| CAPITAL INTERNATIONAL SARL 1.09% of their portfolio | 751.8k $33.0m | Added +88.2k |
| Bridgewater Associates, LP 0.17% of their portfolio | 747.2k $32.8m | Reduced -343.8k |
| MACKENZIE FINANCIAL CORP 0.05% of their portfolio | 729.2k $32.0m | Reduced -10.0k |
| UBS Group AG 0.01% of their portfolio | 707.2k $31.0m | Reduced -118.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 698.2k $30.6m | Reduced -1.4m |
| Cullen Capital Management, LLC 0.33% of their portfolio | 662.9k $29.2m | New |
| DNB Asset Management AS 0.15% of their portfolio | 662.5k $29.1m | Added +81.7k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 658.5k $28.9m | Added +250.2k |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 5.57% of their portfolio | 644.5k $28.3m | Added +37.8k |
| Ninety One North America, Inc. 1.32% of their portfolio | 618.5k $27.1m | Reduced -263.8k |
| Ardmore Road Asset Management LP 4.64% of their portfolio | 600.0k $26.3m | Added +490.0k |
| APG Asset Management N.V. 0.04% of their portfolio | 593.3k $24.1m | New |
| Allianz Asset Management GmbH 0.04% of their portfolio | 592.9k $26.0m | Reduced -465.5k |
| Caisse de depot et placement du Quebec 0.06% of their portfolio | 560.5k $24.6m | Reduced -94.4k |
| GTS SECURITIES LLC 0.62% of their portfolio | 521.8k $22.9m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 502.8k $22.1m | Reduced -103.6k |
| Invesco Ltd. 0.00% of their portfolio | 502.2k $22.0m | Added +56.4k |
| CAPITAL INTERNATIONAL LTD /CA/ 1.02% of their portfolio | 485.8k $21.3m | Added +74.4k |
| State of New Jersey Common Pension Fund D 0.06% of their portfolio | 477.2k $20.9m | Reduced -253.9k |
| SIH Partners, LLLP 15.22% of their portfolio | 471.1k $20.7m | Added +417.7k |
| Anson Funds Management LP 1.45% of their portfolio | 461.3k $20.2m | Added +100.0k |
| Aubrey Capital Management Ltd 7.06% of their portfolio | 458.1k $19.9m | Added +154.9k |
| XY Capital Ltd 16.95% of their portfolio | 456.7k $20.0m | Added +326.9k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 452.8k $19.9m | Reduced -8.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.07% of their portfolio | 450.9k $19.8m | Reduced -417.6k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 418.6k $18.4m | Reduced -446.5k |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 405.0k $17.8m | Reduced -6.0k |
| MY.Alpha Management HK Advisors Ltd 6.62% of their portfolio | 402.2k $17.7m | Added +208.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 395.7k $17.4m | Added +140.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 392.3k $17.2m | Reduced -11.2k |
| Amundi 0.01% of their portfolio | 371.2k $18.1m | Added +2.6k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 365.0k $16.0m | Reduced -563.0k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.46% of their portfolio | 365.0k $16.0m | Added +175.0k |
| Pinpoint Asset Management Ltd 2.55% of their portfolio | 362.0k $15.9m | Added +298.9k |
| STATE STREET CORP 0.00% of their portfolio | 348.1k $15.3m | Reduced -30.6k |
| Liontrust Investment Partners LLP 0.21% of their portfolio | 340.1k $14.9m | Reduced -5.4k |
| Boston Common Asset Management, LLC 0.36% of their portfolio | 339.5k $14.9m | Reduced -35.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 338.1k $14.8m | Added +174.2k |
| COATUE MANAGEMENT LLC 0.06% of their portfolio | 337.1k $14.8m | Reduced -177.3k |
| M&G PLC 0.09% of their portfolio | 329.5k $14.5m | First filing |
| Cubist Systematic Strategies, LLC 0.16% of their portfolio | 323.8k $14.2m | Added +219.9k |
| RWC Asset Management LLP 0.87% of their portfolio | 316.8k $13.9m | New |
| U S GLOBAL INVESTORS INC 1.09% of their portfolio | 302.5k $13.3m | Reduced -190.6k |
| Black Creek Investment Management Inc. 0.40% of their portfolio | 300.5k $13.2m | New |
| CI INVESTMENTS INC. 0.05% of their portfolio | 294.2k $12.9m | Reduced -839 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 293.0k $12.9m | Added +1.3k |
| OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.76% of their portfolio | 280.1k $12.3m | Added +3.8k |
| STOREBRAND ASSET MANAGEMENT AS 0.04% of their portfolio | 270.2k $11.9m | Reduced -13.3k |
| Handelsbanken Fonder AB 0.05% of their portfolio | 269.4k $11.8m | Reduced -14.7k |
| Perseverance Asset Management International 2.11% of their portfolio | 265.6k $11.7m | Added +130.4k |