TripAdvisor
TRIP • NASDAQ
TripAdvisor is a travel services company in the consumer cyclical sector on NASDAQ, led by Stephen Kaufer, with a market cap of $1.8B. As of Q3 2025, 111% of shares are held by 293 institutional investors, with BlackRock, Inc. as the largest holder at 14.65%.
Stepping downStephen Kaufer
Market Cap$1.8B
Travel Services
Consumer Cyclical
Employees2.8K
Websitetripadvisor.com
Country
United States of America
Overview
Overview of institutional ownership in TRIP as of Q3 2025 with a market cap of $1.9B
All Institutions
- Institutions
- 293
- Value Held
- $2.1B
- Shares Held
- 129.6M
- Avg Position
- $7.2M
- Median Position
- $548.5K
Hedge Funds
- Hedge Funds
- 48
- Value Held
- $419.6M
- Shares Held
- 25.9M
- Avg Position
- $8.7M
- Median Position
- $2.2M
Ownership Breakdown
Based on market cap of $1.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in TRIP as of Q3 2025
| Institution | Position Value |
|---|---|
B BlackRock, Inc. Institution | $276.6M 0.00% of portfolio |
 VANGUARD GROUP INC Institution | $192.6M 0.00% of portfolio |
 Starboard Value LP Hedge Fund•Activist | $154.6M 2.91% of portfolio |
 AMERIPRISE FINANCIAL INC Institution | $120.6M 0.03% of portfolio |
 STATE STREET CORP Institution | $80.7M 0.00% of portfolio |
 Certares Management LLC Private Equity | $77.3M 100.00% of portfolio |
 DIMENSIONAL FUND ADVISORS LP Long Only Manager | $57.7M 0.01% of portfolio |
 River Road Asset Management, LLC Long Only Manager | $55.2M 0.62% of portfolio |
R ROYAL BANK OF CANADA Institution | $52.1M 0.01% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $46.3M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for TRIP in Q3 2025
- Traded
- −$36.9M
- Buyers
- 144
- Sellers
- 146
- Total Bought
- +$281.9M
- Total Sold
- −$318.9M
- Avg Position
- $6.2M
Biggest Buyers
| Institution | Net Bought |
|---|---|
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy | +$26.8M +1.7M shares |
R ROYAL BANK OF CANADA Institution | +$25.2M +1.6M shares |
AMERIPRISE FINANCIAL INC Institution | +$23.5M +1.4M shares |
Starboard Value LP Hedge Fund•Activist | +$16.4M +1.0M shares |
 GOLDMAN SACHS GROUP INC Institution | +$16.4M +1.0M shares |
 Holocene Advisors, LP Hedge Fund•Long/Short | +$15.8M +972.4K shares |
H Headwater Capital Co Ltd Institution | +$15.0M +920.0K shares |
 MORGAN STANLEY RIA/Wealth | +$11.5M +704.7K shares |
L LMR Partners LLP Institution | +$10.9M +670.5K shares |
K KEMPEN CAPITAL MANAGEMENT N.V. Institution | +$10.6M +651.6K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$37.0M −2.3M shares |
F FIL Ltd Institution | −$31.2M −1.9M shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | −$27.4M −1.7M shares |
 BANK OF AMERICA CORP /DE/ Institution | −$27.4M −1.7M shares |
 ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant | −$21.9M −1.3M shares |
 JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant | −$20.7M −1.3M shares |
P PAR CAPITAL MANAGEMENT INC Hedge Fund•Long/Short | −$14.6M −896.5K shares |
VANGUARD GROUP INC Institution | −$13.5M −828.8K shares |
 UBS Group AG Institution | −$11.6M −713.5K shares |
 AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$10.5M −646.3K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited TRIP in Q3 2025
- New Positions
- 19
- New Value
- $32.6M
- Exited Positions
- 42
- Exited Value
- $28.5M
New Positions
| Institution | Position Value |
|---|---|
H Headwater Capital Co Ltd Institution | $15.0M 920.0K shares |
 Hillsdale Investment Management Inc. Long Only Manager | $6.3M 387.1K shares |
 13D Management LLC Hedge Fund•Long/Short | $4.9M 300.0K shares |
 P SCHOENFELD ASSET MANAGEMENT LP Hedge Fund•Event Driven | $1.6M 100.0K shares |
S Steamboat Capital Partners, LLC Hedge Fund•Long/Short | $1.5M 93.1K shares |
M Massar Capital Management, LP Institution | $1.5M 90.0K shares |
D DCM Advisors, LLC RIA/Wealth | $752.0K 46.3K shares |
 Catalytic Wealth RIA, LLC RIA/Wealth | $354.5K 21.8K shares |
 Bayforest Capital Ltd Hedge Fund•Quant | $282.8K 17.4K shares |
P PharVision Advisers, LLC Hedge Fund•Long/Short | $244.9K 15.1K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
 Interval Partners, LLC Hedge Fund•Long/Short | $5.6M 429.3K shares |
T TEXAS PERMANENT SCHOOL FUND Institution | $4.8M 366.6K shares |
 Boussard & Gavaudan Investment Management LLP Hedge Fund•Multi-Strategy | $2.3M 175.1K shares |
N NOMURA HOLDINGS INC Institution | $2.0M 156.4K shares |
C CLARK ESTATES INC/NY Institution | $1.8M 139.8K shares |
 ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy | $1.7M 130.4K shares |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | $1.5M 117.9K shares |
P Palogic Value Management, L.P. RIA/Wealth | $1.1M 85.0K shares |
 Archon Capital Management LLC Hedge Fund•Long/Short | $972.2K 74.5K shares |
B Brevan Howard Capital Management LP Institution | $789.8K 60.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in TRIP as of Q3 2025
- Call Positions
- 25
- Call Value
- $84.9M
- Put Positions
- 15
- Put Value
- $83.1M
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $23.2M 14.2K contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $10.3M 6.3K contracts |
 Walleye Trading LLC RIA/Wealth | $9.2M 5.7K contracts |
J JANE STREET GROUP, LLC Institution | $8.4M 5.1K contracts |
L LMR Partners LLP Institution | $8.2M 5.0K contracts |
D D. E. Shaw & Co., Inc. Institution | $4.0M 2.5K contracts |
 HBK INVESTMENTS L P Hedge Fund•Multi-Strategy | $3.8M 2.3K contracts |
W WOLVERINE TRADING, LLC Institution | $3.6M 2.1K contracts |
P PEAK6 LLC Institution | $3.3M 2.0K contracts |
GOLDMAN SACHS GROUP INC Institution | $3.0M 1.8K contracts |
Put Positions
| Institution | Position Value |
|---|---|
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | $31.2M 19.2K contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $17.4M 10.7K contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $14.2M 8.7K contracts |
HBK INVESTMENTS L P Hedge Fund•Multi-Strategy | $6.8M 4.2K contracts |
J JANE STREET GROUP, LLC Institution | $6.1M 3.8K contracts |
Walleye Trading LLC RIA/Wealth | $2.1M 1.3K contracts |
W WOLVERINE TRADING, LLC Institution | $1.3M 753.0 contracts |
 CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro | $985.4K 606.0 contracts |
 Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | $837.4K 515.0 contracts |
D D. E. Shaw & Co., Inc. Institution | $678.0K 417.0 contracts |
Most Committed Institutions
Institutions with TRIP as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Certares Management LLC Private Equity | 100.00% $77.3M |
P Palliser Capital Ltd Institution | 14.80% $20.2M |
 Toronado Partners, LLC Hedge Fund•Long/Short | 9.09% $13.7M |
13D Management LLC Hedge Fund•Long/Short | 4.68% $4.9M |
H Headwater Capital Co Ltd Institution | 3.97% $15.0M |
M MONIMUS CAPITAL MANAGEMENT, LP Hedge Fund•Long/Short | 3.96% $5.2M |
L Lightrock Netherlands B.V. Institution | 3.69% $14.1M |
T Technology Crossover Management IX, Ltd. Institution | 2.92% $37.1M |
Starboard Value LP Hedge Fund•Activist | 2.91% $154.6M |
 Blue Grotto Capital, LLC Hedge Fund•Long/Short | 2.45% $21.1M |
Hedge Fund Spotlight
Discover hedge funds investing in TRIP
B
BOYAR ASSET MANAGEMENT INC
Hedge Fund • Value
Portfolio ManagerMark Alan Boyar
- Portfolio Value
- $158.0M
- Positions
- 77
- Last Reported
- Q3 2025
Sector Allocation
Position in TripAdvisor
- Market Value
- $1.0M
- Shares Held
- 61.9K
- Portfolio Weight
- 0.64%
- Owned Since
- 2025-Q1
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $21.5M | 13.63% | |
Banks - Diversified Financial Services | $15.7M | 9.95% | |
Home Improvement Consumer Cyclical | $10.1M | 6.37% |
