Vault-13

TRIPADVISOR INC TRIP 0.25 04.01.26

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

29 institutional holders -1 vs Q2 2024
15,758,00015.8m shares reported held*
$346.7mreported value*
2 new 2 added 7 reduced 3 sold out net bought ≈ $24.4m (-1.1m 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 ≈ $22.00.

Trends to Q3 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: 30Q3 24: 2929Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202238
Q4 202242
Q1 202337
Q2 202336
Q3 202332
Q4 202331
Q1 202431
Q2 202430
Q3 202429

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 outQ1 23: 14 bought or addedQ1 23: 16 cut or sold outQ1 23Q2 23: 14 bought or addedQ2 23: 13 cut or sold outQ3 23: 13 bought or addedQ3 23: 15 cut or sold outQ3 23Q4 23: 11 bought or addedQ4 23: 10 cut or sold outQ1 24: 10 bought or addedQ1 24: 11 cut or sold outQ1 24Q2 24: 8 bought or addedQ2 24: 8 cut or sold outQ3 24: 4 bought or addedQ3 24: 10 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221215
Q1 20231416
Q2 20231413
Q3 20231315
Q4 20231110
Q1 20241011
Q2 202488
Q3 2024410

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +53,886,000+53.9m
Opti Capital Management, LP Added +11,500,000+11.5m
FRANKLIN RESOURCES INC New +1,000,000+1.0m
Jefferies Financial Group Inc. New +61,000+61.0k

Biggest sellers

STEELHEAD PARTNERS LLC Reduced -26,500,000-26.5m
Parallax Volatility Advisers, L.P. Reduced -5,000,000-5.0m
MORGAN STANLEY Reduced -3,590,000-3.6m
Mint Tower Capital Management B.V. Sold out -2,000,000-2.0m
JPMORGAN CHASE & CO Reduced -1,836,000-1.8m
TORONTO DOMINION BANK Sold out -1,150,000-1.1m
FMR LLC Reduced -60,000-60.0k
BARCLAYS PLC Sold out -41,000-41.0k
AMERICAN CENTURY COMPANIES INC Reduced -34,000-34.0k
SHENKMAN CAPITAL MANAGEMENT INC Reduced -30,000-30.0k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.50% of their portfolio NEW YORK, NY 114,767,000114.8m $107.2m $107.2m 1.50% Added +53.9m +53,886,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 45,842,00045.8m $42.5m $42.5m 0.00% Reduced -1.8m -1,836,000
3 Linden Advisors LP 0.29% of their portfolio New York, NY 37,357,00037.4m $34.8m $34.8m 0.29% Unchanged
4 STEELHEAD PARTNERS LLC 1.68% of their portfolio SEATTLE, WA 35,000,00035.0m $32.6m $32.6m 1.68% Reduced -26.5m -26,500,000
5 Parallax Volatility Advisers, L.P. 0.60% of their portfolio San Francisco, CA 25,000,00025.0m $23.2m $23.2m 0.60% Reduced -5.0m -5,000,000
6 Opti Capital Management, LP 1.28% of their portfolio New York, NY 23,500,00023.5m $21.9m $21.9m 1.28% Added +11.5m +11,500,000
7 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 15,000,00015.0m $14.0m $14.0m 0.07% Unchanged
8 Ewing Morris & Co. Investment Partners Ltd. 5.21% of their portfolio TORONTO, Z4 8,543,0008.5m $10.8m $10.8m 5.21% Unchanged
9 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 6,900,0006.9m $6.4m $6.4m 0.01% Unchanged
10 CAMDEN ASSET MANAGEMENT L P /CA 0.17% of their portfolio Los Angeles, CA 6,875,0006.9m $6.4m $6.4m 0.17% Unchanged
11 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,480,0006.5m $6.0m $6.0m 0.00% First filing
12 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.73% of their portfolio Miamisburg, OH 6,000,0006.0m $5.6m $5.6m 0.73% Unchanged
13 FMR LLC 0.00% of their portfolio BOSTON, MA 5,194,0005.2m $4.8m $4.8m 0.00% Reduced -60.0k -60,000
14 SHENKMAN CAPITAL MANAGEMENT INC 0.29% of their portfolio NEW YORK, NY 4,017,0004.0m $3.8m $3.8m 0.29% Reduced -30.0k -30,000
15 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 2,750,0002.8m $2.6m $2.6m 0.00% Unchanged
16 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,568,0002.6m $2.4m $2.4m 0.00% Unchanged
17 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 2,492,0002.5m $2.3m $2.3m 0.06% Unchanged
18 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,250,0001.2m $1.2m $1.2m 0.00% Unchanged
19 ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio Toronto, A6 1,237,0001.2m $1.2m $1.2m 0.01% Unchanged
20 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,000,0001.0m $931.5k $931.5k 0.00% New
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 837,000837.0k $778.1k $778.1k 0.00% Reduced -3.6m -3,590,000
22 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 400,000400.0k $371.8k $371.8k 0.00% Unchanged
23 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 324,000324.0k $302.4k $302.4k 0.00% Reduced -34.0k -34,000
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $278.2k $278.2k 0.00% Unchanged
25 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 61,00061.0k $55.5k $55.5k 0.00% New
26 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 15,00015.0k $13.9k $13.9k 0.00% Unchanged
27 K2 PRINCIPAL FUND, L.P. 1.77% of their portfolio TORONTO, A6 11,50011.5k $10.6m $10.6m 1.77% Unchanged
28 Chicago Capital Management, LLC 2.49% of their portfolio CHICAGO, IL 4,0004.0k $3.7m $3.7m 2.49% Unchanged
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged