Vault-13

TRIVAGO N V TRVG

SPON ADS A SHS N · ADR · CUSIP 89686D303

32 institutional holders +2 vs Q1 2026
7,009,1717.0m shares reported held*
$38.3mreported value*
8 new 8 added 8 reduced 7 sold out net bought ≈ $2.0m (+369.8k shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $5.47. Options: 3 managers hold calls ($141.1k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q4 23: 36Q1 24: 35Q2 24: 33Q3 24: 27Q4 24: 33Q1 25: 36Q2 25: 42Q3 25: 35Q4 25: 31Q1 26: 30Q2 26: 3232Q4 23Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 202336
Q1 202435
Q2 202433
Q3 202427
Q4 202433
Q1 202536
Q2 202542
Q3 202535
Q4 202531
Q1 202630
Q2 202632

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 8 bought or addedQ3 24: 13 cut or sold outQ4 24: 12 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 18 bought or addedQ1 25: 14 cut or sold outQ2 25: 26 bought or addedQ2 25: 11 cut or sold outQ2 25Q3 25: 14 bought or addedQ3 25: 21 cut or sold outQ4 25: 11 bought or addedQ4 25: 14 cut or sold outQ4 25Q1 26: 11 bought or addedQ1 26: 16 cut or sold outQ2 26: 16 bought or addedQ2 26: 15 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024813
Q4 2024129
Q1 20251814
Q2 20252611
Q3 20251421
Q4 20251114
Q1 20261116
Q2 20261615

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ3 25 calls: $75.2kQ3 25 puts: $1.0kQ3 25P/C 0.01Q4 25 calls: $11.0kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $51.8kQ1 26 puts: $187.5kQ1 26P/C 3.62Q2 26 calls: $141.1kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$75.2k$1.0k0.01
Q4 2025$11.0k$00.00
Q1 2026$51.8k$187.5k3.62
Q2 2026$141.1k$00.00

Biggest buyers

Granahan Investment Management, LLC New +362,513+362.5k
First Eagle Investment Management, LLC Added +283,444+283.4k
CITADEL ADVISORS LLC Added +114,806+114.8k
PAR CAPITAL MANAGEMENT INC Added +99,619+99.6k
JANE STREET GROUP, LLC New +93,184+93.2k
HARBOR CAPITAL ADVISORS, INC. New +77,966+78.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +29,393+29.4k
LODESTAR PRIVATE ASSET MANAGEMENT LLC New +10,661+10.7k
XTX Topco Ltd New +10,016+10.0k
BNP PARIBAS FINANCIAL MARKETS Added +816+816

Biggest sellers

Universal- Beteiligungs- und Servicegesellschaft mbH Sold out -190,912-190.9k
Baader Bank Aktiengesellschaft Sold out -188,479-188.5k
Compagnie Lombard Odier SCmA Reduced -100,458-100.5k
UBS Group AG Reduced -81,665-81.7k
GSA CAPITAL PARTNERS LLP Reduced -56,809-56.8k
ACADIAN ASSET MANAGEMENT LLC Reduced -29,029-29.0k
RAYMOND JAMES FINANCIAL INC Sold out -20,021-20.0k
MORGAN STANLEY Reduced -16,386-16.4k
HRT FINANCIAL LP Sold out -11,806-11.8k
GEODE CAPITAL MANAGEMENT, LLC Sold out -10,967-11.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $66.7k12.2k shares
GROUP ONE TRADING LLC New $45.9k8.4k shares
SIMPLEX TRADING, LLC New $28.4k5.2k shares

Biggest puts

None

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.

Insider purchases and sales since 1 Apr 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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 1 sellingQ3 26: 0 buyingQ3 26: 1 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—1$84.6k—
Q3 20260—1$196.3k—
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-10 Breidenbach Joana Carena Director · American Depositary Shares Sold 35,000 $5.16 $180.6k35.0k shares -68%
2026-08-07 Breidenbach Joana Carena Director · American Depositary Shares Sold 2,733 $5.74 $15.7k2.7k shares -14%
2026-06-01 Hansen Mathias General Counsel · American Depositary Shares Sold 15,000 $3.39 $50.9k15.0k shares -75%
2026-05-12 Hansen Mathias General Counsel · American Depositary Shares Sold 11,000 $3.07 $33.8k11.0k shares -43%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PAR CAPITAL MANAGEMENT INC 0.58% of their portfolio BOSTON, MA 4,292,7334.3m $23.5m $23.5m 0.58% Added +99.6k +99,619
2 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 730,910730.9k $4.0m $4.0m 0.00% Reduced -29.0k -29,029
3 First Eagle Investment Management, LLC 0.00% of their portfolio NEW YORK, NY 566,888566.9k $3.1m $3.1m 0.00% Added +283.4k +283,444
4 Granahan Investment Management, LLC 0.07% of their portfolio WALTHAM, MA 362,513362.5k $2.0m $2.0m 0.07% New
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 295,699295.7k $1.6m $1.6m 0.00% Reduced -16.4k -16,386
6 Compagnie Lombard Odier SCmA 0.01% of their portfolio 1204 GENEVA, V8 169,542169.5k $927.4k $927.4k 0.01% Reduced -100.5k -100,458
7 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 124,951125.0k $683.5k $683.5k 0.00% Added +114.8k +114,806
8 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 95,74995.7k $523.7k $523.7k 0.00% Added +816 +816
9 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 93,18493.2k $509.7k $509.7k 0.00% New
10 HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio CHICAGO, IL 77,96678.0k $426.0k $426.0k 0.03% New
11 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 53,70753.7k $293.8k $293.8k 0.00% Unchanged
12 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 36,72936.7k $201.0k $201.0k 0.01% Reduced -56.8k -56,809
13 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 29,39329.4k $160.8k $160.8k 0.00% New
14 Centiva Capital, LP 0.00% of their portfolio New York, NY 14,37914.4k $78.7k $78.7k 0.00% Reduced -7.0k -7,037
15 Axxion S.A. 0.00% of their portfolio GREVENMACHER, N4 11,81611.8k $64.6k $64.6k 0.00% First filing
16 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.01% of their portfolio ALAMO, CA 10,66110.7k $58.3k $58.3k 0.01% New
17 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 10,32210.3k $56.5k $56.5k 0.00% Unchanged
18 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 10,01610.0k $54.8k $54.8k 0.00% New
19 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 7,1547.2k $39.1k $39.1k 0.00% Reduced -51 -51
20 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 5,9886.0k $32.8k $32.8k 0.00% Unchanged
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,9114.9k $25.7k $25.7k 0.00% Added +44 +44
22 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,4661.5k $8.0k $8.0k 0.00% Unchanged
23 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 888888 $4.9k $4.9k 0.00% Added +421 +421
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 613613 $3.4k $3.4k 0.00% Added +573 +573
25 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 600600 $3.2k $3.2k 0.00% Unchanged
26 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 151151 $826 $826 0.00% Unchanged
27 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 114114 $624 $624 0.00% Reduced -66 -66
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 8282 $449 $449 0.00% Reduced -81.7k -81,665
29 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2020 $109 $109 0.00% New
30 Covestor Ltd 0.00% of their portfolio LONDON, X0 1616 $0 $0 0.00% Unchanged
31 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 66 $32 $32 0.00% New
32 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 44 $22 $22 0.00% Added +2 +2