Vault-13

TRIPADVISOR INC TRIP 0.25 04.01.26

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

31 institutional holders -1 vs Q3 2023
9,065,0009.1m shares reported held*
$306.2mreported value*
3 new 8 added 6 reduced 4 sold out net bought ≈ $23.8m (-2.4m 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 ≈ $33.78.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 38Q4 22: 42Q1 23: 37Q2 23: 36Q3 23: 32Q4 23: 3131Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202238
Q4 202242
Q1 202337
Q2 202336
Q3 202332
Q4 202331

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 12 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 14 bought or addedQ1 23: 16 cut or sold outQ1 23Q2 23: 14 bought or addedQ2 23: 13 cut or sold outQ2 23Q3 23: 13 bought or addedQ3 23: 15 cut or sold outQ3 23Q4 23: 11 bought or addedQ4 23: 10 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221215
Q1 20231416
Q2 20231413
Q3 20231315
Q4 20231110

Biggest buyers

JPMORGAN CHASE & CO Added +23,389,000+23.4m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +13,659,000+13.7m
Man Group plc Added +5,223,000+5.2m
Linden Advisors LP Added +3,874,000+3.9m
STEELHEAD PARTNERS LLC Added +3,078,000+3.1m
CAMDEN ASSET MANAGEMENT L P /CA Added +1,000,000+1.0m
HBK INVESTMENTS L P Added +700,000+700.0k
Bank of New York Mellon Corp New +300,000+300.0k
AMERICAN CENTURY COMPANIES INC Added +105,000+105.0k
Jefferies Financial Group Inc. New +38,000+38.0k

Biggest sellers

Centiva Capital, LP Sold out -5,313,000-5.3m
FMR LLC Reduced -4,500,000-4.5m
Invesco Ltd. Sold out -4,300,000-4.3m
BANK OF AMERICA CORP /DE/ Sold out -3,910,000-3.9m
TORONTO DOMINION BANK Reduced -2,650,000-2.6m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -2,040,000-2.0m
Russell Investments Group, Ltd. Reduced -777,000-777.0k
OAKTREE CAPITAL MANAGEMENT LP Reduced -623,000-623.0k
LAKE STREET ADVISORS GROUP, LLC Sold out -76,000-76.0k
BARCLAYS PLC Reduced -52,000-52.0k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STEELHEAD PARTNERS LLC 2.88% of their portfolio SEATTLE, WA 63,078,00063.1m $55.5m $55.5m 2.88% Added +3.1m +3,078,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 62,952,00063.0m $55.2m $55.2m 0.00% Added +23.4m +23,389,000
3 Linden Advisors LP 0.27% of their portfolio New York, NY 31,857,00031.9m $28.0m $28.0m 0.27% Added +3.9m +3,874,000
4 Parallax Volatility Advisers, L.P. 0.72% of their portfolio San Francisco, CA 30,000,00030.0m $26.3m $26.3m 0.72% Unchanged
5 HBK INVESTMENTS L P 0.54% of their portfolio DALLAS, TX 25,450,00025.4m $22.4m $22.4m 0.54% Added +700.0k +700,000
6 OAKTREE CAPITAL MANAGEMENT LP 0.26% of their portfolio LOS ANGELES, CA 19,051,00019.1m $16.8m $16.8m 0.26% Reduced -623.0k -623,000
7 TENOR CAPITAL MANAGEMENT Co., L.P. 0.28% of their portfolio NEW YORK, NY 17,659,00017.7m $15.6m $15.6m 0.28% Added +13.7m +13,659,000
8 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 15,000,00015.0m $13.2m $13.2m 0.07% Unchanged
9 Man Group plc 0.03% of their portfolio LONDON, X0 12,223,00012.2m $10.8m $10.8m 0.03% Added +5.2m +5,223,000
10 CAMDEN ASSET MANAGEMENT L P /CA 0.24% of their portfolio Los Angeles, CA 8,875,0008.9m $7.8m $7.8m 0.24% Added +1.0m +1,000,000
11 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 6,100,0006.1m $5.3m $5.3m 0.01% Unchanged
12 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.70% of their portfolio Miamisburg, OH 6,000,0006.0m $5.3m $5.3m 0.70% Unchanged
13 BlackRock Inc. 0.00% of their portfolio New York, NY 5,980,0006.0m $5.2m $5.2m 0.00% Unchanged
14 FMR LLC 0.00% of their portfolio BOSTON, MA 5,504,0005.5m $4.8m $4.8m 0.00% Reduced -4.5m -4,500,000
15 SHENKMAN CAPITAL MANAGEMENT INC 0.31% of their portfolio NEW YORK, NY 4,960,0005.0m $4.4m $4.4m 0.31% Reduced -2.0m -2,040,000
16 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 3,799,0003.8m $3.3m $3.3m 0.01% Reduced -777.0k -777,000
17 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 2,750,0002.8m $2.4m $2.4m 0.00% Unchanged
18 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 2,702,0002.7m $2.4m $2.4m 0.06% Unchanged
19 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,650,0002.6m $2.3m $2.3m 0.00% Reduced -2.6m -2,650,000
20 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,568,0002.6m $2.3m $2.3m 0.00% Unchanged
21 ONTARIO TEACHERS PENSION PLAN BOARD 0.02% of their portfolio Toronto, A6 2,000,0002.0m $1.8m $1.8m 0.02% Unchanged
22 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,250,0001.2m $1.1m $1.1m 0.00% Unchanged
23 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 1,000,0001.0m $794.7k $794.7k 0.00% Unchanged
24 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 317,000317.0k $279.4k $279.4k 0.00% Added +105.0k +105,000
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $263.1k $263.1k 0.00% New
26 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 38,00038.0k $33.1k $33.1k 0.00% New
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 16,00016.0k $13.9k $13.9k 0.00% Reduced -52.0k -52,000
28 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 15,00015.0k $13.1k $13.1k 0.00% Unchanged
29 K2 PRINCIPAL FUND, L.P. 2.36% of their portfolio TORONTO, A6 11,50011.5k $10.1m $10.1m 2.36% Unchanged
30 Chicago Capital Management, LLC 4.18% of their portfolio CHICAGO, IL 3,0003.0k $2.6m $2.6m 4.18% New
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged