Tripadvisor Inc (TRIP): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Tripadvisor Inc (TRIP) following the 2026 Q1 hedge fund 13F filings?

As of today, TRIP has moved +31.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.1% for the XLY sector ETF — an outperformance of +31.1%. Since the quarter end (March 31, 2026), TRIP gained +16.4% vs +7.0% for XLY. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Tripadvisor Inc (TRIP)

290 + Investors. Track Smart Money conviction in TRIP. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — TRIP

Based on 291 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their TRIP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

📊

High ownership — 92% of 3.0Y peak

92% of all-time peak

291 funds currently hold this stock — 92% of the 3.0-year high of 315 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding TRIP is almost the same as a year ago (+4 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 50% buying

165 buying164 selling

Last quarter: 165 funds bought or added vs 164 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 51 → 57 → 56 → 49. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 18% medium ■ 19% new

182 out of 291 hedge funds have held TRIP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares +9%, value -21%

Value

-21%

+8%

Last quarter: funds added +9% more shares while total portfolio value only changed -21%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

➡️

Steady discovery — ~49 new funds/quarter

54 → 51 → 57 → 56 → 49 new funds/Q

New funds entering each quarter: 51 → 57 → 56 → 49. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 9% 1-2yr ■ 24% new

Of 316 current holders: 214 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds

45 of 291 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.1

out of 10

Low Exit Risk

Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	290	315	-7.94%
13F Shares	145M	133M	8.74%
Total Value	$1.52B	$1.93B	-21.28%
New Positions	48	56	-8
Increased Positions	109	114	-5
Closed Positions	73	42	+31
Reduced Positions	87	103	-16
Total Calls	14	16	-12.5%
Total Puts	19	18	5.56%
PUT/CALL Ratio	1.36	1.12	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

290

315

-7.94%

13F Shares

145M

133M

8.74%

Total Value

$1.52B

$1.93B

-21.28%

New Positions

-8

Increased Positions

109

114

-5

Closed Positions

+31

Reduced Positions

103

-16

Total Calls

-12.5%

Total Puts

5.56%

PUT/CALL Ratio

1.36

1.12

Bearish

Institutional Holders (2026 Q1)

290 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TRIP. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 TRIP holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Monimus Capital Management, LP	7.41%	2,506,865	$26.7M
2	13D Management LLC	4.96%	300,000	$3.2M
3	Technology Crossover Management IX, Ltd.	3.23%	2,281,000	$24.3M
4	Starboard Value LP	2.51%	10,774,996	$114.9M
5	Southeastern Asset Management Inc/Tn/	2.41%	4,598,068	$49.0M
6	Wittenberg Investment Management, INC.	2.32%	585,300	$6.2M
7	DCM Advisors, LLC	2.29%	471,285	$5.0M
8	Rangeley Capital, LLC	1.97%	190,000	$2.0M
9	U S Global Investors Inc	1.71%	1,372,941	$14.6M
10	AltraVue Capital, LLC	1.58%	1,717,020	$18.3M
11	Lightrock Netherlands B.V.	1.41%	619,718	$6.6M
12	Villanova Investment Management Co LLC	1.35%	123,631	$1.3M
13	Par Capital Management Inc	1.26%	4,072,054	$43.4M
14	Cannon Global Investment Management, LLC	0.96%	46,200	$492K
15	Ballast Asset Management, LP	0.87%	183,413	$2.0M
16	Mangrove Partners IM, LLC	0.84%	968,658	$10.3M
17	Palogic Value Management, L.P.	0.74%	165,000	$1.8M
18	P Schoenfeld Asset Management LP	0.72%	125,000	$1.3M
19	DME Capital Management, LP	0.52%	1,564,696	$16.7M
20	Gilman Hill Asset Management, LLC	0.52%	321,639	$3.4M
21	Boyar Asset Management INC.	0.51%	84,781	$904K
22	Infinitum Asset Management, LLC	0.51%	380,500	$4.1M
23	Ewing Morris & Co. Investment Partners Ltd.	0.48%	100,000	$1.1M
24	Callodine Capital Management, LP	0.43%	576,249	$6.1M
25	Persistent Asset Partners Ltd	0.40%	100,000	$1.1M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Tripadvisor Inc (TRIP)

What does the Smart Money Trend signal show for TRIP?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TRIP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TRIP?

Slight buying edge — 50% buying: Last quarter: 165 funds bought or added vs 164 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TRIP holders?

Strong quality — 36% AUM from major funds: 45 of 291 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TRIP?

63% of holders stayed for 2+ years: 182 out of 291 hedge funds have held TRIP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Tripadvisor Inc (TRIP) following the 2026 Q1 hedge fund 13F filings?

As of today, TRIP has moved +31.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.1% for the XLY sector ETF — an outperformance of +31.1%. Since the quarter end (March 31, 2026), TRIP has gained +16.4% vs +7.0% for XLY. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Tripadvisor Inc (TRIP)

Smart Money Signals — TRIP

Selling streak — 1 quarter in a row

High ownership — 92% of 3.0Y peak

Stable — ownership unchanged year-over-year

Slight buying edge — 50% buying

Fewer new buyers each quarter (-7 vs last Q)

63% of holders stayed for 2+ years

Buying through price weakness — shares +9%, value -21%

Steady discovery — ~49 new funds/quarter

Deep conviction — 68% of holders stayed 2+ years

Strong quality — 36% AUM from major funds

Institutional Sentiment Summary — TRIP

Hedge Fund Ownership: TRIP

Market Analysis: TRIP

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: TRIP

Is It Too Late to Buy Tripadvisor Inc (TRIP) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: TRIP

Statistics: TRIP

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Tripadvisor Inc (TRIP)

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