TRIPADVISOR INC TRIP
COM · Common Stock · CUSIP 896945201 · ISIN US8969452015
American travel website company
- SectorTechnology
- IndustryServices-Computer Programming, Data Processing, Etc.
- HeadquartersNeedham, MA
- Founded2000
- Websitetripadvisor.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 ($3.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.55. Options: 29 managers hold calls ($150.7m notional), 31 hold puts ($289.9m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 282 |
| Q4 2022 | 276 |
| Q1 2023 | 270 |
| Q2 2023 | 275 |
| Q3 2023 | 257 |
| Q4 2023 | 291 |
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 | 133 | 141 |
| Q1 2023 | 122 | 135 |
| Q2 2023 | 151 | 122 |
| Q3 2023 | 116 | 144 |
| Q4 2023 | 146 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $68.4m | $239.2m | 3.49 |
| Q2 2023 | $54.7m | $210.1m | 3.84 |
| Q3 2023 | $39.2m | $197.7m | 5.05 |
| Q4 2023 | $150.7m | $289.9m | 1.92 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | Added | +2.1m |
| MORGAN STANLEY | Added | +1.1m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +989.3k |
| VANGUARD GROUP INC | Added | +791.9k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +648.1k |
| FIL Ltd | Added | +561.7k |
| Alyeska Investment Group, L.P. | New | +505.9k |
| J. Goldman & Co LP | New | +473.3k |
| Contrarius Investment Management Ltd | New | +457.9k |
Biggest sellers
| MARSHALL WACE, LLP | Sold out | -2.3m |
| Pacer Advisors, Inc. | Reduced | -1.9m |
| Man Group plc | Sold out | -1.6m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -1.1m |
| Point72 Asset Management, L.P. | Sold out | -1.1m |
| Think Investments LP | Sold out | -921.0k |
| Balyasny Asset Management L.P. | Reduced | -843.1k |
| CREDIT SUISSE AG/ | Reduced | -776.0k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | Reduced | -571.2k |
| PAR CAPITAL MANAGEMENT INC | Reduced | -500.0k |
Biggest calls
| Maple Rock Capital Partners Inc. | New | $32.3m1.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.0m651.9k shares |
| J. Goldman & Co LP | New | $13.3m618.7k shares |
| Walleye Capital LLC | Added | $9.6m448.1k shares |
| BARCLAYS PLC | New | $9.6m444.9k shares |
| SIMPLEX TRADING, LLC | Added | $9.5m441.1k shares |
| CITADEL ADVISORS LLC | Reduced | $8.8m407.0k shares |
| UBS Group AG | Added | $7.9m367.5k shares |
| GROUP ONE TRADING LLC | Added | $7.8m362.7k shares |
| ROYAL BANK OF CANADA | New | $5.7m265.3k shares |
Biggest puts
| LMR Partners LLP | Unchanged | $100.4m4.7m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $48.9m2.3m shares |
| HBK INVESTMENTS L P | Added | $38.1m1.8m shares |
| Balyasny Asset Management L.P. | New | $13.1m609.8k shares |
| BARCLAYS PLC | Added | $10.3m477.3k shares |
| UBS Group AG | Unchanged | $10.1m468.5k shares |
| CITADEL ADVISORS LLC | Reduced | $10.1m468.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $7.5m348.2k shares |
| WOLVERINE TRADING, LLC | New | $6.8m314.6k shares |
| Jefferies Financial Group Inc. | Added | $6.2m287.5k 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 filed 2025-07-17 | 14.4% |
| AMERIPRISE FINANCIAL INC 13G · institution +2.7 pts · filed 2026-08-14 | 9.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: TIAA CREF INVESTMENT MANAGEMENT LLC (3.4%, 2026-08-03), TEACHERS ADVISORS, LLC (0.2%, 2026-08-03), Nuveen Asset Management, LLC (2.4%, 2026-08-03), Starboard Value LP (4.4%, 2026-04-03), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2023
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 1 | $1.1m | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $412.5k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $698.2k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 13.3m $285.8m | Reduced -305.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 12.9m $277.2m | Added +791.9k |
| PAR CAPITAL MANAGEMENT INC 3.32% of their portfolio | 4.7m $101.2m | Reduced -500.0k |
| FIL Ltd 0.10% of their portfolio | 4.3m $93.6m | Added +561.7k |
| River Road Asset Management, LLC 1.21% of their portfolio | 4.1m $87.2m | Reduced -124.1k |
| AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 4.0m $85.4m | Reduced -1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 3.4m $74.0m | Added +305.0k |
| STATE STREET CORP 0.00% of their portfolio | 3.3m $71.9m | Reduced -114.6k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 2.7m $57.1m | Added +2.1m |
| MORGAN STANLEY 0.00% of their portfolio | 2.3m $50.2m | Added +1.1m |
| Technology Crossover Management IX, Ltd. 4.22% of their portfolio | 2.3m $49.1m | Unchanged |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.64% of their portfolio | 2.1m $45.7m | Reduced -233.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 1.8m $38.7m | Added +648.1k |
| U S GLOBAL INVESTORS INC 2.51% of their portfolio | 1.7m $37.3m | Reduced -179.5k |
| Certares Management LLC 100.00% of their portfolio | 1.7m $36.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.7m $36.1m | Added +50.5k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 1.4m $29.3m | Reduced -776.0k |
| SRS Investment Management, LLC 0.34% of their portfolio | 1.3m $27.9m | Unchanged |
| NORGES BANK 0.00% of their portfolio | 1.3m $27.8m | Added +84.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $23.6m | Added +1.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.12% of their portfolio | 1.1m $23.1m | New |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.1m $25.1m | Added +261.1k |
| Invesco Ltd. 0.01% of their portfolio | 1.0m $21.7m | Added +10.2k |
| Maple Rock Capital Partners Inc. 1.67% of their portfolio | 991.0k $21.3m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 989.3k $21.3m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 921.3k $19.8m | Reduced -10.0k |
| PANAGORA ASSET MANAGEMENT INC 0.10% of their portfolio | 815.0k $17.5m | Reduced -8.5k |
| Pacer Advisors, Inc. 0.05% of their portfolio | 812.6k $17.5m | Reduced -1.9m |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 781.8k $16.8m | Reduced -843.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 720.0k $15.5m | Added +227.3k |
| BARCLAYS PLC 0.01% of their portfolio | 714.3k $15.4m | Reduced -165.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 641.1k $13.8m | Reduced -4.1k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 3.44% of their portfolio | 612.5k $13.2m | Reduced -571.2k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 595.5k $12.8m | Added +371.5k |
| Wallace Capital Management Inc. 1.89% of their portfolio | 589.4k $12.7m | Added +24.1k |
| Invenomic Capital Management LP 0.65% of their portfolio | 563.6k $12.1m | Reduced -405.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 557.1k $12.0m | Reduced -15.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 530.0k $11.4m | Added +202.8k |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 505.9k $10.9m | New |
| J. Goldman & Co LP 0.57% of their portfolio | 473.3k $10.2m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 468.0k $10.1m | Added +420.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 466.1k $10.0m | Added +218.5k |
| Contrarius Investment Management Ltd 0.53% of their portfolio | 457.9k $9.9m | New |
| Polar Asset Management Partners Inc. 0.26% of their portfolio | 451.6k $9.7m | New |
| UBS Group AG 0.00% of their portfolio | 444.3k $9.6m | Reduced -198.0k |
| Retirement Systems of Alabama 0.04% of their portfolio | 429.1k $9.2m | Reduced -405.9k |
| CAPITAL FUND MANAGEMENT S.A. 0.11% of their portfolio | 407.0k $8.8m | Reduced -112.7k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 379.4k $8.2m | Added +365.9k |
| Squarepoint Ops LLC 0.03% of their portfolio | 377.6k $8.1m | Reduced -236.4k |
| Handelsbanken Fonder AB 0.04% of their portfolio | 369.9k $8.0m | Added +350.0k |
| CITIGROUP INC 0.01% of their portfolio | 340.3k $7.3m | Added +22.4k |
| Gotham Asset Management, LLC 0.14% of their portfolio | 338.3k $7.3m | Added +76.5k |
| Nishkama Capital, LLC 1.82% of their portfolio | 325.2k $7.0m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 315.8k $6.8m | Reduced -442.3k |
| Legal & General Group Plc 0.00% of their portfolio | 298.4k $6.4m | Reduced -1.5k |
| HRT FINANCIAL LP 0.05% of their portfolio | 295.9k $6.4m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 273.5k $5.9m | Reduced -23.1k |
| Leonteq Securities AG 0.75% of their portfolio | 271.7k $5.8m | Reduced -98.8k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 251.3k $5.4m | Reduced -12.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 241.5k $5.2m | Added +25.0k |
| Quantinno Capital Management LP 0.18% of their portfolio | 238.8k $5.1m | Added +20.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 230.7k $5.0m | Reduced -301.6k |
| Penserra Capital Management LLC 0.09% of their portfolio | 229.1k $4.9m | Reduced -38.2k |
| Holocene Advisors, LP 0.02% of their portfolio | 224.7k $4.8m | Reduced -46.9k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 224.4k $4.8m | Added +91.3k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 222.5k $4.8m | Added +105.7k |
| Swiss National Bank 0.00% of their portfolio | 209.7k $4.5m | Reduced -32.0k |
| COMERICA BANK 0.02% of their portfolio | 199.1k $4.3m | Added +71.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 198.4k $4.3m | Reduced -55.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 197.0k $4.2m | Reduced -98.9k |
| WINTON GROUP Ltd 0.30% of their portfolio | 190.7k $4.1m | Added +176.0k |
| Walleye Trading LLC 0.06% of their portfolio | 183.9k $4.0m | Added +125.2k |
| ALLEN HOLDING INC /NY 0.55% of their portfolio | 181.8k $3.9m | Unchanged |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 181.5k $3.9m | New |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 175.8k $3.8m | Reduced -14.1k |
| Palogic Value Management, L.P. 1.62% of their portfolio | 170.0k $3.7m | Reduced -5.0k |
| JUPITER ASSET MANAGEMENT LTD 0.04% of their portfolio | 168.3k $3.6m | Reduced -148.7k |
| Susquehanna Portfolio Strategies, LLC 0.06% of their portfolio | 165.3k $3.6m | First filing |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 163.8k $3.5m | Added +8.6k |
| Moody Aldrich Partners LLC 0.63% of their portfolio | 163.5k $3.5m | New |
| LEUTHOLD GROUP, LLC 0.44% of their portfolio | 163.5k $3.5m | New |
| Pale Fire Capital SE 0.54% of their portfolio | 159.7k $3.4m | Unchanged |
| Man Group plc 0.01% of their portfolio | 151.9k $3.3m | New |
| Stanley Capital Management, LLC 0.80% of their portfolio | 150.6k $3.2m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 143.2k $3.1m | Added +4.4k |
| Vontobel Holding Ltd. 0.03% of their portfolio | 140.5k $3.0m | Reduced -194.8k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 140.0k $3.0m | Added +23.9k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 134.6k $2.9m | Reduced -30.3k |
| Ballast Asset Management, LP 1.81% of their portfolio | 132.0k $2.8m | Added +76.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 130.5k $2.8m | Added +1.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 128.3k $2.8m | Reduced -12.3k |
| Marex Group Ltd 0.11% of their portfolio | 126.3k $2.7m | Added +91.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 124.9k $2.7m | Reduced -53.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 122.4k $2.6m | Added +42.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 120.5k $2.6m | Added +18.7k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 114.5k $2.5m | Reduced -9.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 113.6k $2.4m | Reduced -8.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 110.9k $2.4m | Added +19 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 103.9k $2.2m | Added +28.0k |
| ALGERT GLOBAL LLC 0.09% of their portfolio | 102.3k $2.2m | Added +90.9k |