Vault-13

TRIPADVISOR INC TRIP 0.25 04.01.26

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

30 institutional holders -1 vs Q1 2024
16,908,00016.9m shares reported held*
$312.5mreported value*
4 new 4 added 5 reduced 3 sold out net bought ≈ $14.7m (-5.0m 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 ≈ $18.48.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 38Q4 22: 42Q1 23: 37Q2 23: 36Q3 23: 32Q4 23: 31Q1 24: 31Q2 24: 3030Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202238
Q4 202242
Q1 202337
Q2 202336
Q3 202332
Q4 202331
Q1 202431
Q2 202430

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 outQ2 23: 14 bought or addedQ2 23: 13 cut or sold outQ2 23Q3 23: 13 bought or addedQ3 23: 15 cut or sold outQ4 23: 11 bought or addedQ4 23: 10 cut or sold outQ4 23Q1 24: 10 bought or addedQ1 24: 11 cut or sold outQ2 24: 8 bought or addedQ2 24: 8 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221215
Q1 20231416
Q2 20231413
Q3 20231315
Q4 20231110
Q1 20241011
Q2 202488

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +25,881,000+25.9m
Opti Capital Management, LP New +12,000,000+12.0m
Ewing Morris & Co. Investment Partners Ltd. Added +7,543,000+7.5m
MORGAN STANLEY New +4,427,000+4.4m
LAZARD ASSET MANAGEMENT LLC New +2,568,000+2.6m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +400,000+400.0k
BARCLAYS PLC Added +25,000+25.0k
Chicago Capital Management, LLC Added +1,000+1.0k

Biggest sellers

JPMORGAN CHASE & CO Reduced -12,874,000-12.9m
Opti Capital Management, LP Sold out -11,000,000-11.0m
Jefferies Financial Group Inc. Sold out -4,527,000-4.5m
BANK OF MONTREAL /CAN/ Sold out -4,200,000-4.2m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -2,000,000-2.0m
TORONTO DOMINION BANK Reduced -1,500,000-1.5m
FMR LLC Reduced -250,000-250.0k
SHENKMAN CAPITAL MANAGEMENT INC Reduced -25,000-25.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STEELHEAD PARTNERS LLC 2.91% of their portfolio SEATTLE, WA 61,500,00061.5m $56.0m $56.0m 2.91% Unchanged
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.87% of their portfolio NEW YORK, NY 60,881,00060.9m $55.6m $55.6m 0.87% Added +25.9m +25,881,000
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 47,678,00047.7m $43.5m $43.5m 0.00% Reduced -12.9m -12,874,000
4 Linden Advisors LP 0.28% of their portfolio New York, NY 37,357,00037.4m $34.1m $34.1m 0.28% Unchanged
5 Parallax Volatility Advisers, L.P. 0.69% of their portfolio San Francisco, CA 30,000,00030.0m $27.3m $27.3m 0.69% Unchanged
6 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 15,000,00015.0m $13.7m $13.7m 0.07% Unchanged
7 Opti Capital Management, LP 0.81% of their portfolio New York, NY 12,000,00012.0m $10.9m $10.9m 0.81% New
8 Ewing Morris & Co. Investment Partners Ltd. 4.96% of their portfolio TORONTO, Z4 8,543,0008.5m $7.8m $7.8m 4.96% Added +7.5m +7,543,000
9 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 6,900,0006.9m $6.3m $6.3m 0.01% Unchanged
10 CAMDEN ASSET MANAGEMENT L P /CA 0.19% of their portfolio Los Angeles, CA 6,875,0006.9m $6.3m $6.3m 0.19% Reduced -2.0m -2,000,000
11 BlackRock Inc. 0.00% of their portfolio New York, NY 6,480,0006.5m $5.9m $5.9m 0.00% Unchanged
12 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.79% of their portfolio Miamisburg, OH 6,000,0006.0m $5.5m $5.5m 0.79% Unchanged
13 FMR LLC 0.00% of their portfolio BOSTON, MA 5,254,0005.3m $4.8m $4.8m 0.00% Reduced -250.0k -250,000
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,427,0004.4m $4.0m $4.0m 0.00% New
15 SHENKMAN CAPITAL MANAGEMENT INC 0.32% of their portfolio NEW YORK, NY 4,047,0004.0m $3.7m $3.7m 0.32% Reduced -25.0k -25,000
16 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 2,750,0002.8m $2.5m $2.5m 0.00% Unchanged
17 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,568,0002.6m $2.3m $2.3m 0.00% New
18 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 2,492,0002.5m $2.3m $2.3m 0.06% Unchanged
19 Mint Tower Capital Management B.V. 0.72% of their portfolio AMSTERDAM, P7 2,000,0002.0m $1.8m $1.8m 0.72% Unchanged
20 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
21 ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio Toronto, A6 1,237,0001.2m $1.1m $1.1m 0.01% Unchanged
22 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 1,150,0001.1m $1.0m $1.0m 0.00% Reduced -1.5m -1,500,000
23 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 400,000400.0k $363.8k $363.8k 0.00% New
24 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 358,000358.0k $327.0k $327.0k 0.00% Unchanged
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $273.4k $273.4k 0.00% Unchanged
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 41,00041.0k $37.6k $37.6k 0.00% Added +25.0k +25,000
27 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 15,00015.0k $13.6k $13.6k 0.00% Unchanged
28 K2 PRINCIPAL FUND, L.P. 2.31% of their portfolio TORONTO, A6 11,50011.5k $10.5m $10.5m 2.31% Unchanged
29 Chicago Capital Management, LLC 2.82% of their portfolio CHICAGO, IL 4,0004.0k $3.6m $3.6m 2.82% Added +1.0k +1,000
30 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged