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 ($38.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.83. Options: 17 managers hold calls ($145.2m notional), 22 hold puts ($185.0m).
Trends to Q1 2025
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 |
| Q2 2024 | 367 |
| Q3 2024 | 387 |
| Q4 2024 | 403 |
| Q1 2025 | 405 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 161 | 207 |
| Q3 2023 | 155 | 178 |
| Q4 2023 | 128 | 208 |
| Q1 2024 | 180 | 167 |
| Q2 2024 | 189 | 176 |
| Q3 2024 | 201 | 174 |
| Q4 2024 | 185 | 208 |
| Q1 2025 | 196 | 204 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $102.6m | $170.4m | 1.66 |
| Q3 2024 | $200.2m | $325.1m | 1.62 |
| Q4 2024 | $242.8m | $284.9m | 1.17 |
| Q1 2025 | $145.2m | $185.0m | 1.27 |
Biggest buyers
| Mirae Asset Global Investments Co., Ltd. | Added | +12.2m |
| Capital Research Global Investors | New | +3.9m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +3.9m |
| FMR LLC | Added | +1.8m |
| Intermede Investment Partners Ltd | New | +1.4m |
| Davis Selected Advisers | Added | +1.1m |
| NATIONAL BANK OF CANADA /FI/ | Added | +1.0m |
| FIL Ltd | Added | +954.3k |
| Temasek Holdings (Private) Ltd | New | +858.3k |
| Invesco Ltd. | Added | +830.8k |
Biggest sellers
| Capital World Investors | Reduced | -3.7m |
| Ninety One UK Ltd | Sold out | -2.3m |
| Capital International Investors | Reduced | -1.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| Cantillon Capital Management LLC | Reduced | -1.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.1m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.1m |
| KEYSTONE INVESTORS PTE LTD | Reduced | -1.0m |
| JPMORGAN CHASE & CO | Reduced | -1.0m |
| MORGAN STANLEY | Reduced | -985.2k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $27.4m431.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $25.2m396.5k shares |
| UBS Group AG | Reduced | $21.7m340.7k shares |
| CITADEL ADVISORS LLC | Reduced | $14.4m226.5k shares |
| JANE STREET GROUP, LLC | Added | $13.7m215.0k shares |
| PEAK6 LLC | Reduced | $10.8m169.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.7m153.1k shares |
| IMC-Chicago, LLC | Reduced | $9.0m141.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $3.6m56.8k shares |
| Walleye Trading LLC | Reduced | $3.4m54.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $47.4m746.0k shares |
| HBK INVESTMENTS L P | Reduced | $23.1m363.6k shares |
| JANE STREET GROUP, LLC | Added | $19.2m301.5k shares |
| SIMPLEX TRADING, LLC | Added | $15.6m245.4k shares |
| UBS Group AG | Reduced | $15.5m244.4k shares |
| Scion Asset Management, LLC | New | $12.7m200.0k shares |
| Optiver Holding B.V. | New | $9.4m150.0k shares |
| IMC-Chicago, LLC | Reduced | $8.7m136.8k shares |
| CITADEL ADVISORS LLC | Reduced | $8.1m126.9k shares |
| Sculptor Capital LP | Unchanged | $5.6m88.7k 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 2025
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 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.44% of their portfolio | 42.9m $2.7bn | Reduced -3.7m |
| FMR LLC 0.11% of their portfolio | 26.9m $1.7bn | Added +1.8m |
| MORGAN STANLEY 0.10% of their portfolio | 21.1m $1.3bn | Reduced -985.2k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 12.9m $17.3m | Added +12.2m |
| Sanders Capital, LLC 0.90% of their portfolio | 9.5m $601.5m | Reduced -237.4k |
| FIL Ltd 0.57% of their portfolio | 9.4m $598.1m | Added +954.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.60% of their portfolio | 9.3m $594.0m | Reduced -854.4k |
| Capital International Investors 0.08% of their portfolio | 6.8m $431.8m | Reduced -1.3m |
| VOYA INVESTMENT MANAGEMENT LLC 0.21% of their portfolio | 6.0m $378.9m | Added +3.9m |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 5.3m $336.9m | Reduced -1.0m |
| Davis Selected Advisers 1.78% of their portfolio | 4.9m $309.2m | Added +1.1m |
| ARGA Investment Management, LP 9.11% of their portfolio | 4.3m $272.2m | Reduced -19.5k |
| Capital Research Global Investors 0.05% of their portfolio | 3.9m $247.8m | New |
| CoreView Capital Management Ltd 23.72% of their portfolio | 3.8m $238.5m | Reduced -55.6k |
| Cantillon Capital Management LLC 1.47% of their portfolio | 3.6m $227.4m | Reduced -1.2m |
| Legal & General Group Plc 0.06% of their portfolio | 3.3m $209.5m | Reduced -18.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 3.2m $202.2m | Reduced -1.2m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.22% of their portfolio | 3.0m $189.0m | Reduced -13.2k |
| Fisher Asset Management, LLC 0.08% of their portfolio | 2.8m $175.9m | Reduced -229.4k |
| Russell Investments Group, Ltd. 0.21% of their portfolio | 2.4m $151.7m | Added +781.9k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 2.4m $147.8m | Reduced -55.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.2m $140.8m | Added +323.7k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.2m $139.3m | Added +3.8k |
| WASATCH ADVISORS LP 0.73% of their portfolio | 2.0m $130.1m | Added +214.5k |
| Kontiki Capital Management (HK) Ltd. 8.83% of their portfolio | 1.9m $122.7m | Added +63.4k |
| AXIOM INVESTORS LLC /DE 0.58% of their portfolio | 1.9m $120.8m | Added +769.6k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 1.8m $115.6m | Reduced -46.1k |
| Trivest Advisors Ltd 8.84% of their portfolio | 1.6m $104.3m | Reduced -17.0k |
| BlackRock, Inc. 0.00% of their portfolio | 1.6m $103.1m | Added +101.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.6m $101.3m | Added +161.3k |
| Aspex Management (HK) Ltd 2.45% of their portfolio | 1.5m $94.8m | Reduced -380.9k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.5m $93.5m | Added +725.1k |
| Invesco Ltd. 0.02% of their portfolio | 1.4m $91.9m | Added +830.8k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 1.4m $90.9m | Added +610.0k |
| Robeco Institutional Asset Management B.V. 0.17% of their portfolio | 1.4m $88.7m | Reduced -195.9k |
| Intermede Investment Partners Ltd 2.95% of their portfolio | 1.4m $88.6m | New |
| Amundi 0.03% of their portfolio | 1.4m $84.2m | Added +379.5k |
| Allspring Global Investments Holdings, LLC 0.15% of their portfolio | 1.3m $84.6m | Reduced -101.8k |
| C WorldWide Group Holding A/S 1.03% of their portfolio | 1.3m $82.8m | Reduced -7.2k |
| Vontobel Holding Ltd. 0.30% of their portfolio | 1.3m $81.6m | Reduced -619.6k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 1.2m $79.2m | Reduced -11.9k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 1.2m $75.0m | Added +282.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.16% of their portfolio | 1.1m $70.5m | Added +86.4k |
| SEI INVESTMENTS CO 0.09% of their portfolio | 1.1m $68.4m | Reduced -156.3k |
| Polar Capital Holdings Plc 0.40% of their portfolio | 1.0m $66.0m | Added +24.9k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 1.0m $65.3m | Reduced -11.9k |
| Man Group plc 0.19% of their portfolio | 1.0m $65.0m | Reduced -294.3k |
| NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio | 1.0m $64.8m | Added +1.0m |
| Headwater Capital Co Ltd 14.45% of their portfolio | 1.0m $63.6m | Added +800.0k |
| MARTIN CURRIE LTD 2.53% of their portfolio | 986.5k $62.7m | Reduced -169.3k |
| HHLR ADVISORS, LTD. 1.69% of their portfolio | 938.8k $59.7m | Added +25.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.06% of their portfolio | 918.8k $57.7m | Added +25.3k |
| NORGES BANK 0.01% of their portfolio | 903.3k $57.4m | Reduced -79.4k |
| Bridgewater Associates, LP 0.26% of their portfolio | 881.8k $56.1m | Added +297.7k |
| FEDERATED HERMES, INC. 0.12% of their portfolio | 874.9k $55.6m | Reduced -500.7k |
| LOOMIS SAYLES & CO L P 0.08% of their portfolio | 873.9k $55.6m | Added +10.6k |
| Temasek Holdings (Private) Ltd 0.22% of their portfolio | 858.3k $54.6m | New |
| UBS Group AG 0.01% of their portfolio | 833.4k $53.0m | Added +336.9k |
| Driehaus Capital Management LLC 0.51% of their portfolio | 831.3k $52.9m | Reduced -141.8k |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 828.8k $52.7m | Added +3.9k |
| JANE STREET GROUP, LLC 0.09% of their portfolio | 809.1k $51.4m | Reduced -299.1k |
| Green Court Capital Management Ltd 30.03% of their portfolio | 800.6k $50.9m | Added +358.9k |
| Fullerton Fund Management Co Ltd. 3.26% of their portfolio | 797.8k $50.7m | Added +730.9k |
| SRS Investment Management, LLC 0.64% of their portfolio | 756.2k $48.1m | New |
| Capital International, Inc./CA/ 0.58% of their portfolio | 755.7k $48.0m | Reduced -19.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 747.8k $47.5m | Added +183.6k |
| MACKENZIE FINANCIAL CORP 0.06% of their portfolio | 718.3k $45.7m | Reduced -1.1m |
| CIBC Private Wealth Group LLC 0.08% of their portfolio | 699.5k $36.5m | Added +175.4k |
| PLATINUM INVESTMENT MANAGEMENT LTD 2.50% of their portfolio | 677.3k $43.1m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 649.5k $41.3m | Reduced -330.9k |
| CAPITAL INTERNATIONAL SARL 0.92% of their portfolio | 639.9k $40.7m | Added +17.1k |
| WCM INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 604.4k $37.9m | Reduced -36.9k |
| Oxbow Capital Management (HK) Ltd 11.89% of their portfolio | 595.8k $37.9m | Reduced -33.1k |
| Perseverance Asset Management International 4.40% of their portfolio | 529.3k $33.7m | Added +12.1k |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 500.5k $31.8m | Reduced -407.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 489.6k $31.1m | Reduced -20.3k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 482.4k $30.7m | Reduced -15.1k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 474.1k $30.1m | Reduced -673.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 472.4k $30.0m | Reduced -375.9k |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 5.98% of their portfolio | 455.9k $29.0m | Added +11.5k |
| Caisse de depot et placement du Quebec 0.05% of their portfolio | 412.3k $26.2m | Reduced -396.1k |
| CAPITAL INTERNATIONAL LTD /CA/ 1.14% of their portfolio | 411.1k $26.1m | Reduced -5.3k |
| DekaBank Deutsche Girozentrale 0.05% of their portfolio | 405.0k $25.4m | Unchanged |
| Aberdeen Group plc 0.05% of their portfolio | 404.2k $25.5m | Added +374.6k |
| NS Partners Ltd 1.13% of their portfolio | 403.4k $25.6m | Reduced -365.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.11% of their portfolio | 395.4k $25.1m | Reduced -402.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 391.4k $24.9m | Reduced -74.1k |
| AXA S.A. 0.08% of their portfolio | 388.0k $24.7m | Added +32.2k |
| APG Asset Management N.V. 0.07% of their portfolio | 386.4k $22.7m | Reduced -920.0k |
| Greenwoods Asset Management Hong Kong Ltd. 0.76% of their portfolio | 383.5k $24.4m | Added +208.3k |
| Handelsbanken Fonder AB 0.09% of their portfolio | 358.7k $22.8m | Added +238.7k |
| OLD MISSION CAPITAL LLC 0.44% of their portfolio | 358.5k $22.8m | New |
| Tairen Capital Ltd 1.42% of their portfolio | 337.9k $21.5m | Added +334.0k |
| Aubrey Capital Management Ltd 8.19% of their portfolio | 320.7k $20.4m | Reduced -12.5k |
| CITIGROUP INC 0.01% of their portfolio | 309.5k $19.7m | Added +48.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 295.1k $18.8m | Reduced -22.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 293.1k $18.5m | Reduced -49.8k |
| GF FUND MANAGEMENT CO. LTD. 0.43% of their portfolio | 290.1k $18.4m | Reduced -94.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 289.9k $18.4m | Added +4.3k |
| TREMBLANT CAPITAL GROUP 2.15% of their portfolio | 275.8k $17.5m | Reduced -21.8k |