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 ($7.9m this quarter). Holder counts are more reliable. Shares outstanding: 116.1m as of 2025-08-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $13.15. Options: 28 managers hold calls ($93.6m notional), 15 hold puts ($47.5m).
Trends to Q2 2025
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 |
| Q1 2024 | 316 |
| Q2 2024 | 287 |
| Q3 2024 | 280 |
| Q4 2024 | 290 |
| Q1 2025 | 291 |
| Q2 2025 | 298 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 116 | 144 |
| Q4 2023 | 146 | 122 |
| Q1 2024 | 159 | 156 |
| Q2 2024 | 133 | 174 |
| Q3 2024 | 124 | 167 |
| Q4 2024 | 137 | 136 |
| Q1 2025 | 146 | 134 |
| Q2 2025 | 166 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $68.0m | $167.8m | 2.47 |
| Q4 2024 | $43.9m | $181.1m | 4.13 |
| Q1 2025 | $76.9m | $77.0m | 1.00 |
| Q2 2025 | $93.6m | $47.5m | 0.51 |
Biggest buyers
| Starboard Value LP | New | +8.5m |
| BlackRock, Inc. | Added | +4.2m |
| Certares Management LLC | Added | +3.0m |
| ROYAL BANK OF CANADA | Added | +1.8m |
| FEDERATED HERMES, INC. | Added | +1.7m |
| Palliser Capital (UK) Ltd | New | +1.2m |
| STATE STREET CORP | Added | +1.2m |
| Blue Grotto Capital, LLC | New | +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +931.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +913.0k |
Biggest sellers
| UBS Group AG | Reduced | -5.1m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.4m |
| Balyasny Asset Management L.P. | Reduced | -1.4m |
| SRS Investment Management, LLC | Sold out | -1.3m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -1.1m |
| Gotham Asset Management, LLC | Reduced | -899.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -741.8k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | Reduced | -700.1k |
| Holocene Advisors, LP | Reduced | -603.0k |
| Assenagon Asset Management S.A. | Reduced | -595.0k |
Biggest calls
| LMR Partners LLP | Added | $19.5m1.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.5m1.5m shares |
| ROYAL BANK OF CANADA | New | $9.1m700.0k shares |
| SIMPLEX TRADING, LLC | Added | $7.9m607.9k shares |
| Walleye Trading LLC | Added | $5.5m424.7k shares |
| GROUP ONE TRADING LLC | Added | $4.7m357.5k shares |
| Caption Management, LLC | Added | $3.2m245.8k shares |
| JANE STREET GROUP, LLC | Reduced | $2.8m217.6k shares |
| CITADEL ADVISORS LLC | Reduced | $2.8m214.0k shares |
| Centiva Capital, LP | Unchanged | $2.8m212.6k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Added | $21.6m1.7m shares |
| HBK INVESTMENTS L P | Added | $6.9m525.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.1m388.4k shares |
| CITADEL ADVISORS LLC | Reduced | $4.3m330.1k shares |
| JANE STREET GROUP, LLC | Added | $3.1m238.8k shares |
| IMC-Chicago, LLC | Reduced | $1.9m143.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.0m76.8k shares |
| GROUP ONE TRADING LLC | Reduced | $951.3k72.9k shares |
| Walleye Trading LLC | Added | $749.1k57.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $713.1k54.6k 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 Q2 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.
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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $255.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-16 | Ambeskovic Almir CEO, TheFork | Sold | $255.0k16.6k shares |
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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 17.2m $224.2m | Added +4.2m |
| VANGUARD GROUP INC 0.00% of their portfolio | 12.7m $165.4m | Added +793.4k |
| Starboard Value LP 1.92% of their portfolio | 8.5m $110.9m | New |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 6.0m $77.9m | Added +335.0k |
| Certares Management LLC 100.00% of their portfolio | 4.8m $62.0m | Added +3.0m |
| STATE STREET CORP 0.00% of their portfolio | 4.7m $61.3m | Added +1.2m |
| FIL Ltd 0.05% of their portfolio | 4.5m $58.5m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 4.0m $52.2m | Added +76.8k |
| River Road Asset Management, LLC 0.76% of their portfolio | 3.4m $59.8m | Reduced -295.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.3m $43.0m | Added +1.8m |
| PAR CAPITAL MANAGEMENT INC 1.24% of their portfolio | 2.9m $37.8m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.8m $37.0m | Added +931.3k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 2.7m $35.2m | Added +91.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 2.6m $34.3m | Added +913.0k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 1.70% of their portfolio | 2.6m $33.8m | Added +862.7k |
| Nuveen, LLC 0.01% of their portfolio | 2.3m $30.1m | Added +9.1k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 2.3m $29.9m | Reduced -1.4m |
| Technology Crossover Management IX, Ltd. 2.40% of their portfolio | 2.3m $29.8m | Unchanged |
| UBS Group AG 0.01% of their portfolio | 2.3m $29.4m | Reduced -5.1m |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 2.1m $27.9m | Added +1.7m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $25.7m | Added +34.1k |
| AltraVue Capital, LLC 1.93% of their portfolio | 1.7m $21.9m | Added +901.0k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.21% of their portfolio | 1.7m $21.8m | Reduced -700.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio | 1.6m $21.2m | Reduced -95.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.6m $20.8m | Added +291.1k |
| Palliser Capital (UK) Ltd 11.81% of their portfolio | 1.2m $16.2m | New |
| Holocene Advisors, LP 0.04% of their portfolio | 1.2m $16.2m | Reduced -603.0k |
| Blue Grotto Capital, LLC 1.89% of their portfolio | 1.2m $15.7m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $15.6m | Added +519.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $15.4m | Reduced -572.0k |
| U S GLOBAL INVESTORS INC 1.79% of their portfolio | 1.2m $15.2m | Added +46.4k |
| Lightrock Netherlands B.V. 3.12% of their portfolio | 1.0m $11.3m | Added +229.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.0m $12.9m | Reduced -1.1m |
| Toronado Partners, LLC 9.18% of their portfolio | 990.6k $12.9m | Added +54.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 799.6k $10.4m | Added +55.0k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 654.6k $8.5m | Added +12.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 590.3k $7.7m | Reduced -21.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 585.6k $7.6m | Added +38.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 542.1k $7.1m | Reduced -81.3k |
| HBK INVESTMENTS L P 0.12% of their portfolio | 525.0k $6.9m | Added +25.0k |
| Invesco Ltd. 0.00% of their portfolio | 470.9k $6.1m | Reduced -1.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 433.1k $5.7m | Reduced -318.1k |
| Interval Partners, LP 0.13% of their portfolio | 429.3k $5.6m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio | 419.5k $5.5m | Added +208.9k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 402.6k $5.3m | Added +53.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 400.0k $5.2m | New |
| Legato Capital Management LLC 0.56% of their portfolio | 363.2k $4.7m | Added +190.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 359.9k $4.7m | Added +152.7k |
| BARCLAYS PLC 0.00% of their portfolio | 338.6k $4.4m | Added +308.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 338.1k $4.4m | Added +40.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 335.5k $4.4m | Added +94.2k |
| Wallace Capital Management Inc. 0.59% of their portfolio | 332.4k $4.3m | Reduced -16.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 330.5k $4.3m | Reduced -741.8k |
| Legal & General Group Plc 0.00% of their portfolio | 320.8k $4.2m | Added +22.6k |
| Gilman Hill Asset Management, LLC 0.67% of their portfolio | 315.9k $4.1m | Added +4.0k |
| MONIMUS CAPITAL MANAGEMENT, LP 3.30% of their portfolio | 315.2k $4.1m | Added +15.1k |
| INFINITUM ASSET MANAGEMENT, LLC 0.89% of their portfolio | 308.3k $4.0m | Added +108.3k |
| Greenland Capital Management LP 0.49% of their portfolio | 294.2k $3.8m | Added +187.7k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 276.5k $3.6m | Reduced -899.2k |
| Quinn Opportunity Partners LLC 0.29% of their portfolio | 259.1k $3.4m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 254.8k $3.3m | Reduced -2.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 247.6k $3.2m | Reduced -95.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 243.7k $3.2m | Added +5.6k |
| Penserra Capital Management LLC 0.04% of their portfolio | 240.8k $3.1m | Added +745 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 236.2k $3.1m | Added +109.2k |
| Verition Fund Management LLC 0.02% of their portfolio | 232.6k $3.0m | Added +57.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 227.1k $3.0m | Added +26.5k |
| Swiss National Bank 0.00% of their portfolio | 219.3k $2.9m | Reduced -1.3k |
| Leonteq Securities AG 0.15% of their portfolio | 202.4k $2.6m | Added +50.5k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 195.5k $2.6m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 195.3k $2.5m | Added +15.3k |
| ARDSLEY ADVISORY PARTNERS LP 0.40% of their portfolio | 189.0k $2.5m | Added +97.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 188.5k $2.5m | Added +42.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 183.5k $2.4m | Added +36.0k |
| Ballast Asset Management, LP 1.23% of their portfolio | 180.7k $2.4m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 175.9k $2.3m | New |
| Boussard & Gavaudan Investment Management LLP 0.29% of their portfolio | 175.1k $2.3m | Reduced -126.4k |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 156.4k $2.0m | Reduced -28.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 154.9k $2.0m | Added +72.9k |
| Tidal Investments LLC 0.01% of their portfolio | 150.8k $2.0m | Reduced -1.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 148.5k $1.9m | Reduced -1.4m |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 147.5k $1.9m | Added +2.5k |
| Quantinno Capital Management LP 0.01% of their portfolio | 140.0k $1.8m | Reduced -13.5k |
| CLARK ESTATES INC/NY 0.41% of their portfolio | 139.8k $1.8m | Unchanged |
| SG Americas Securities, LLC 0.01% of their portfolio | 138.4k $1.8m | Reduced -307.9k |
| Villanova Investment Management Co LLC 1.83% of their portfolio | 135.0k $1.8m | Added +92.6k |
| Marex Group Ltd 0.03% of their portfolio | 134.2k $1.8m | Added +72.6k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 130.4k $1.7m | Reduced -477.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 130.1k $1.7m | Unchanged |
| WITTENBERG INVESTMENT MANAGEMENT, INC. 0.72% of their portfolio | 126.0k $1.6m | Unchanged |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 125.9k $1.6m | Added +64.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 122.7k $1.7m | Added +16.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 118.9k $1.6m | Reduced -48.8k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 117.9k $1.5m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 117.7k $1.5m | Added +3.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 110.8k $1.4m | Reduced -61.3k |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 104.9k $1.4m | Added +17.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 99.4k $1.3m | Reduced -685 |
| Trexquant Investment LP 0.01% of their portfolio | 99.4k $1.3m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 97.7k $1.3m | Added +22.5k |