Vault-13

TRIPADVISOR INC TRIP 0.25 04.01.26

NOTE 0.250% 4/0 · US DOMESTIC · CUSIP 896945AD4

42 institutional holders +4 vs Q3 2022
10,072,00010.1m shares reported held*
$216.9mreported value*
6 new 6 added 12 reduced 3 sold out net sold ≈ $2.2m (-4.0m 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 ≈ $21.54.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 38Q4 22: 4242Q3 22Q4 22
Numbers
QuarterHolders
Q3 202238
Q4 202242

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 22 calls: $4.6mQ3 22 puts: $14.9mQ3 22P/C 3.20Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$4.6m$14.9m3.20
Q4 2022$0$0—

Biggest buyers

SOROS FUND MANAGEMENT LLC New +14,800,000+14.8m
STEELHEAD PARTNERS LLC Added +12,155,000+12.2m
Centiva Capital, LP New +7,500,000+7.5m
Parallax Volatility Advisers, L.P. Added +7,000,000+7.0m
PALISADE CAPITAL MANAGEMENT, LP New +5,417,000+5.4m
EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC New +4,000,000+4.0m
BlackRock Inc. Added +3,460,000+3.5m
Jefferies Financial Group Inc. New +2,000,000+2.0m
SCHRODER INVESTMENT MANAGEMENT GROUP New +1,750,000+1.8m
LAKE STREET ADVISORS GROUP, LLC Added +17,000+17.0k

Biggest sellers

Antara Capital LP Reduced -22,903,000-22.9m
Anchorage Capital Group, L.L.C. Reduced -10,530,000-10.5m
BANK OF AMERICA CORP /DE/ Reduced -9,155,000-9.2m
OAKTREE CAPITAL MANAGEMENT LP Reduced -5,773,000-5.8m
PALISADE CAPITAL MANAGEMENT, LP Sold out -3,427,000-3.4m
LAZARD ASSET MANAGEMENT LLC Reduced -2,500,000-2.5m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -1,731,000-1.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,320,000-1.3m
Russell Investments Group, Ltd. Reduced -1,040,000-1.0m
Linden Advisors LP Reduced -1,000,000-1.0m

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 35,801,00035.8m $29.3m $29.3m 0.00% Reduced -700.0k -700,000
2 STEELHEAD PARTNERS LLC 1.84% of their portfolio SEATTLE, WA 31,000,00031.0m $25.3m $25.3m 1.84% Added +12.2m +12,155,000
3 Anchorage Capital Group, L.L.C. 3.09% of their portfolio NEW YORK, NY 30,170,00030.2m $24.1m $24.1m 3.09% Reduced -10.5m -10,530,000
4 Parallax Volatility Advisers, L.P. 0.41% of their portfolio San Francisco, CA 20,000,00020.0m $16.0m $16.0m 0.41% Added +7.0m +7,000,000
5 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 15,000,00015.0m $12.2m $12.2m 0.06% Unchanged
6 SOROS FUND MANAGEMENT LLC 0.21% of their portfolio NEW YORK, NY 14,800,00014.8m $12.1m $12.1m 0.21% New
7 SHENKMAN CAPITAL MANAGEMENT INC 0.69% of their portfolio NEW YORK, NY 13,911,00013.9m $11.1m $11.1m 0.69% Reduced -1.7m -1,731,000
8 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 9,600,0009.6m $7.7m $7.7m 0.02% Unchanged
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,768,0008.8m $7.0m $7.0m 0.00% Reduced -9.2m -9,155,000
10 Linden Advisors LP 0.06% of their portfolio New York, NY 7,500,0007.5m $6.1m $6.1m 0.06% Reduced -1.0m -1,000,000
11 Centiva Capital, LP 0.51% of their portfolio New York, NY 7,500,0007.5m $6.1m $6.1m 0.51% New
12 BlackRock Inc. 0.00% of their portfolio New York, NY 6,585,0006.6m $5.3m $5.3m 0.00% Added +3.5m +3,460,000
13 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 6,066,0006.1m $4.9m $4.9m 0.05% Reduced -5.8m -5,773,000
14 PALISADE CAPITAL MANAGEMENT, LP 0.12% of their portfolio FORT LEE, NJ 5,417,0005.4m $4.4m $4.4m 0.12% New
15 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 5,051,0005.1m $4.0m $4.0m 0.01% Reduced -1.3m -1,320,000
16 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 4,300,0004.3m $3.4m $3.4m 0.00% Unchanged
17 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.51% of their portfolio Miamisburg, OH 4,000,0004.0m $3.2m $3.2m 0.51% New
18 Antara Capital LP 0.38% of their portfolio New York, NY 3,881,0003.9m $3.2m $3.2m 0.38% Reduced -22.9m -22,903,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 3,804,0003.8m $3.0m $3.0m 0.00% Unchanged
20 Fore Capital, LLC 4.18% of their portfolio New York, NY 3,000,0003.0m $2.4m $2.4m 4.18% Unchanged
21 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,900,0002.9m $2.3m $2.3m 0.00% Reduced -220.0k -220,000
22 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,568,0002.6m $2.1m $2.1m 0.00% Reduced -2.5m -2,500,000
23 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 2,500,0002.5m $2.0m $2.0m 0.01% First filing
24 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 2,000,0002.0m $1.6m $1.6m 0.03% New
25 ONTARIO TEACHERS PENSION PLAN BOARD 0.02% of their portfolio Toronto, A6 2,000,0002.0m $1.6m $1.6m 0.02% Unchanged
26 Amundi 0.00% of their portfolio Paris, I0 1,800,0001.8m $1.5m $1.5m 0.00% Unchanged
27 Lombard Odier Asset Management (Europe) Ltd 0.08% of their portfolio LONDON, X0 1,800,0001.8m $2.0m $2.0m 0.08% Unchanged
28 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 1,750,0001.8m $1.4m $1.4m 0.00% New
29 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,250,0001.2m $1.0m $1.0m 0.00% Unchanged
30 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,184,0001.2m $966.5k $966.5k 0.00% Reduced -1.0m -1,040,000
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 600,000600.0k $479.1k $479.1k 0.00% Unchanged
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $326.3k $326.3k 0.00% Unchanged
33 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 100,000100.0k $79.8k $79.8k 0.00% Unchanged
34 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 80,00080.0k $64.9k $64.9k 0.00% First filing
35 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 70,00070.0k $56.0k $56.0k 0.00% Added +17.0k +17,000
36 Wellesley Asset Management 2.93% of their portfolio PORTSMOUTH, NH 53,15453.2k $43.2k $43.2k 2.93% Added +112 +112
37 Sage Mountain Advisors LLC 0.01% of their portfolio ATLANTA, GA 40,00040.0k $31.9k $31.9k 0.01% Reduced -5.0k -5,000
38 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 19,00019.0k $15.2k $15.2k 0.00% Unchanged
39 K2 PRINCIPAL FUND, L.P. 1.89% of their portfolio TORONTO, A6 8,5008.5k $6.9m $6.9m 1.89% Added +2.0k +2,000
40 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,0002.0k $1.6m $1.6m 0.00% Unchanged
41 Alken Asset Management Ltd 0.01% of their portfolio LONDON, X0 375375 $304 $304 0.01% First filing
42 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged