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 ($42.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.84. Options: 18 managers hold calls ($139.3m notional), 21 hold puts ($189.0m).
Trends to Q1 2026
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 |
| Q2 2025 | 357 |
| Q3 2025 | 347 |
| Q4 2025 | 374 |
| Q1 2026 | 347 |
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 2024 | 189 | 176 |
| Q3 2024 | 201 | 174 |
| Q4 2024 | 185 | 208 |
| Q1 2025 | 196 | 204 |
| Q2 2025 | 145 | 246 |
| Q3 2025 | 174 | 177 |
| Q4 2025 | 183 | 147 |
| Q1 2026 | 167 | 205 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $132.7m | $198.5m | 1.50 |
| Q3 2025 | $206.3m | $185.9m | 0.90 |
| Q4 2025 | $191.9m | $167.3m | 0.87 |
| Q1 2026 | $139.3m | $189.0m | 1.36 |
Biggest buyers
| Capital World Investors | Added | +3.3m |
| Greenwoods Asset Management Hong Kong Ltd. | New | +2.6m |
| Aspex Management (HK) Ltd | New | +2.3m |
| TWO SIGMA INVESTMENTS, LP | Added | +2.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +2.1m |
| Robeco Institutional Asset Management B.V. | Added | +1.6m |
| Capital Research Global Investors | New | +1.6m |
| Davis Selected Advisers | Added | +1.5m |
| BANK OF AMERICA CORP /DE/ | Added | +1.2m |
| Point72 Asset Management, L.P. | Added | +1.0m |
Biggest sellers
| Capital International Investors | Reduced | -5.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -5.3m |
| MORGAN STANLEY | Reduced | -3.3m |
| Fisher Asset Management, LLC | Sold out | -2.4m |
| MARSHALL WACE, LLP | Reduced | -2.0m |
| CoreView Capital Management Ltd | Sold out | -1.9m |
| JANUS HENDERSON GROUP PLC | Sold out | -1.6m |
| UBS Group AG | Reduced | -1.2m |
| FMR LLC | Reduced | -1.2m |
| ARGA Investment Management, LP | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $37.9m760.2k shares |
| Walleye Trading LLC | Added | $17.9m360.2k shares |
| IMC-Chicago, LLC | Added | $15.3m307.4k shares |
| UBS Group AG | Added | $14.3m286.4k shares |
| GROUP ONE TRADING LLC | Added | $13.6m274.0k shares |
| JANE STREET GROUP, LLC | Added | $13.3m267.4k shares |
| SIMPLEX TRADING, LLC | Added | $6.5m130.5k shares |
| Squarepoint Ops LLC | New | $5.4m108.6k shares |
| Verition Fund Management LLC | Reduced | $3.5m70.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.9m57.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $59.7m1.2m shares |
| IMC-Chicago, LLC | Added | $16.0m321.6k shares |
| UBS Group AG | Added | $15.0m300.7k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $14.7m295.1k shares |
| CITADEL ADVISORS LLC | Added | $14.3m288.0k shares |
| GROUP ONE TRADING LLC | Added | $12.7m254.8k shares |
| JANE STREET GROUP, LLC | Reduced | $11.1m222.3k shares |
| GOLDMAN SACHS GROUP INC | Added | $8.0m160.0k shares |
| PEAK6 LLC | Added | $7.1m142.0k shares |
| Walleye Trading LLC | Reduced | $6.5m131.5k 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 2026
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 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.25% of their portfolio | 36.1m $1.8bn | Added +3.3m |
| MORGAN STANLEY 0.04% of their portfolio | 13.1m $652.6m | Reduced -3.3m |
| Sanders Capital, LLC 0.63% of their portfolio | 10.6m $529.8m | Added +750.1k |
| Davis Selected Advisers 1.50% of their portfolio | 6.6m $326.4m | Added +1.5m |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 4.7m $232.8m | Added +473.0k |
| Cantillon Capital Management LLC 1.52% of their portfolio | 4.6m $228.5m | Reduced -80.2k |
| ARGA Investment Management, LP 4.68% of their portfolio | 2.9m $142.5m | Reduced -1.1m |
| Legal & General Group Plc 0.03% of their portfolio | 2.6m $131.2m | Reduced -32.3k |
| Robeco Institutional Asset Management B.V. 0.19% of their portfolio | 2.6m $130.0m | Added +1.6m |
| Greenwoods Asset Management Hong Kong Ltd. 3.34% of their portfolio | 2.6m $129.7m | New |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 2.5m $124.0m | Added +2.1m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.4m $117.2m | Reduced -25.2k |
| Aspex Management (HK) Ltd 1.68% of their portfolio | 2.3m $116.0m | New |
| Temasek Holdings (Private) Ltd 0.38% of their portfolio | 2.2m $111.5m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 2.2m $107.6m | Reduced -260.3k |
| FMR LLC 0.01% of their portfolio | 2.1m $106.8m | Reduced -1.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.1m $102.5m | Added +2.1m |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 1.9m $95.5m | Reduced -125.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.9m $94.0m | Added +1.2m |
| FEDERATED HERMES, INC. 0.14% of their portfolio | 1.8m $88.5m | Added +155.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.6m $80.9m | Added +408.5k |
| Capital Research Global Investors 0.01% of their portfolio | 1.6m $78.7m | New |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 1.5m $76.8m | Added +692.6k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 1.5m $76.3m | Reduced -2.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.4m $69.2m | Reduced -5.3m |
| Vontobel Holding Ltd. 0.24% of their portfolio | 1.4m $68.9m | Added +117.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 1.2m $62.0m | Reduced -41 |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 1.1m $54.2m | Added +1.0m |
| Clearbridge Investments, LLC 0.04% of their portfolio | 1.0m $50.1m | Reduced -97.3k |
| Polar Capital Holdings Plc 0.22% of their portfolio | 991.4k $49.4m | Reduced -7.6k |
| Intermede Investment Partners Ltd 2.37% of their portfolio | 979.7k $48.8m | Reduced -85.5k |
| LOOMIS SAYLES & CO L P 0.07% of their portfolio | 976.2k $48.6m | Added +102.4k |
| UBS Group AG 0.01% of their portfolio | 889.2k $44.3m | Reduced -1.2m |
| BRANDES INVESTMENT PARTNERS, LP 0.31% of their portfolio | 867.9k $43.2m | Added +838.0k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.07% of their portfolio | 788.4k $39.3m | Reduced -81.7k |
| SRS Investment Management, LLC 0.40% of their portfolio | 757.8k $37.7m | Added +1.6k |
| LAZARD ASSET MANAGEMENT LLC 0.06% of their portfolio | 707.5k $35.2m | Reduced -112.4k |
| Perseverance Asset Management International 3.70% of their portfolio | 675.0k $33.6m | New |
| CAPITAL INTERNATIONAL SARL 0.54% of their portfolio | 660.0k $32.9m | Added +14.8k |
| Headwater Capital Co Ltd 5.28% of their portfolio | 660.0k $32.9m | Added +335.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 645.0k $32.1m | Reduced -8.8k |
| C WorldWide Group Holding A/S 0.64% of their portfolio | 601.2k $29.9m | Reduced -12.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 538.0k $26.8m | Added +519.6k |
| Green Court Capital Management Ltd 22.83% of their portfolio | 495.5k $24.7m | Added +69.4k |
| ABN AMRO INVESTMENT SOLUTIONS 0.32% of their portfolio | 494.0k $24.6m | Added +236.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 463.9k $23.1m | Added +273.4k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 430.4k $21.4m | Added +368.7k |
| Handelsbanken Fonder AB 0.07% of their portfolio | 412.0k $20.5m | Unchanged |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 405.0k $20.2m | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 400.9k $20.0m | Reduced -41.6k |
| Amundi 0.01% of their portfolio | 395.2k $19.7m | Added +86.5k |
| Triata Capital Ltd 3.51% of their portfolio | 388.6k $19.3m | Added +44.7k |
| PLATINUM INVESTMENT MANAGEMENT LTD 4.77% of their portfolio | 379.7k $18.9m | Reduced -64.0k |
| Capital International Investors 0.00% of their portfolio | 378.2k $18.8m | Reduced -5.8m |
| True Light Capital Pte. Ltd. 9.41% of their portfolio | 373.8k $18.6m | Unchanged |
| SEI INVESTMENTS CO 0.02% of their portfolio | 370.4k $18.4m | Added +73.7k |
| CAPITAL INTERNATIONAL LTD /CA/ 0.67% of their portfolio | 361.7k $18.0m | Reduced -9.7k |
| Capital International, Inc./CA/ 0.13% of their portfolio | 351.4k $17.5m | Reduced -74.3k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 347.7k $17.3m | Added +21.8k |
| TB Alternative Assets Ltd. 3.37% of their portfolio | 325.9k $16.2m | Added +235.6k |
| WT Asset Management Ltd 0.32% of their portfolio | 310.8k $15.5m | New |
| Ardmore Road Asset Management LP 0.98% of their portfolio | 300.0k $14.9m | New |
| Invesco Ltd. 0.00% of their portfolio | 274.3k $13.7m | Reduced -100.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 263.9k $13.1m | Added +249.6k |
| M&G PLC 0.07% of their portfolio | 261.6k $13.1m | Added +40.4k |
| WIM INVESTMENT MANAGEMENT Ltd 3.82% of their portfolio | 258.6k $12.9m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 252.5k $12.6m | Reduced -46.4k |
| Boston Common Asset Management, LLC 0.75% of their portfolio | 235.3k $11.7m | Added +36.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 233.6k $11.6m | Reduced -390.0k |
| CITIGROUP INC 0.01% of their portfolio | 227.6k $11.3m | Reduced -36.6k |
| CapitalatWork S.A. 0.31% of their portfolio | 211.2k $10.5m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 208.5k $10.4m | Added +2.1k |
| BARCLAYS PLC 0.00% of their portfolio | 194.8k $9.7m | Added +41.4k |
| XTX Topco Ltd 0.17% of their portfolio | 190.9k $9.5m | Added +163.6k |
| Y-Intercept (Hong Kong) Ltd 0.18% of their portfolio | 187.9k $9.4m | Added +150.3k |
| Tairen Capital Ltd 1.01% of their portfolio | 187.5k $9.3m | Reduced -295.5k |
| SIH Partners, LLLP 0.29% of their portfolio | 187.0k $9.3m | Reduced -130.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 182.3k $9.1m | Reduced -327.0k |
| Trivest Advisors Ltd 0.65% of their portfolio | 181.1k $9.0m | Reduced -325.9k |
| OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.47% of their portfolio | 179.7k $8.9m | Added +3.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 179.4k $8.9m | Added +47.5k |
| 1832 Asset Management L.P. 0.01% of their portfolio | 178.9k $8.9m | Added +14.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 176.1k $8.8m | Reduced -764.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 173.9k $8.7m | Reduced -62.8k |
| KBC Group NV 0.02% of their portfolio | 172.6k $8.6m | Added +5.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 170.6k $8.5m | Added +167.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 167.4k $8.3m | Added +127.3k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 154.7k $7.7m | Added +139.0k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 140.7k $7.0m | Added +3.3k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 139.7k $6.9m | Reduced -7.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 136.3k $6.8m | Added +84.4k |
| Tidal Investments LLC 0.02% of their portfolio | 133.8k $6.6m | Added +114.2k |
| IMC-Chicago, LLC 0.10% of their portfolio | 129.1k $6.4m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 128.2k $6.4m | Unchanged |
| GROUP ONE TRADING LLC 0.21% of their portfolio | 127.5k $6.3m | New |
| U S GLOBAL INVESTORS INC 0.72% of their portfolio | 123.3k $6.1m | Added +9.5k |
| Ovata Capital Management Ltd 0.78% of their portfolio | 115.0k $5.6m | Added +3.6k |
| PensionDanmark Pensionsforsikringsaktieselskab 0.06% of their portfolio | 114.3k $5.7m | Reduced -8.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 110.9k $5.4m | Reduced -470.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 108.2k $5.4m | Reduced -101.9k |