Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Trip Com Group Ltd (TCOM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -33
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — TCOM

Based on 343 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 TCOM 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 — 85% of 3.0Y peak

85% of all-time peak
343 funds currently hold this stock — 85% of the 3.0-year high of 404 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 15% fewer funds vs a year ago

fund count last 6Q
61 fewer hedge funds hold TCOM compared to a year ago (-15% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

176 buying221 selling
Last quarter: 221 funds reduced or exited vs 176 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 42 → 54 → 60 → 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.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 20% medium ■ 16% new
220 out of 343 hedge funds have held TCOM 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 -7%, value -37%

Value
-37%
Shares
-6%
Last quarter: funds added -7% more shares while total portfolio value only changed -37%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

61 → 42 → 54 → 60 → 49 new funds/Q
New funds entering each quarter: 42 → 54 → 60 → 49. A growing number of institutions are discovering TCOM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 70% veterans vs 18% newcomers

■ 70% veterans ■ 11% 1-2yr ■ 18% new
Entry-cohort mix of 376 holders: 265 (70%) are 2+ year veterans, 43 entered 1–2 years ago, and 68 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
53 of 340 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in TCOM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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.

Institutional Sentiment Summary — TCOM

In 2026 Q1, 176 hedge funds were net buyers of TCOM (49 opened a new position, 127 added to an existing one), while 221 reduced or exited (139 trimmed, 82 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 53% of total institutional value in TCOM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -33 funds (more exits than new entries). Total institutional holders: 343.

Hedge Fund Ownership: TCOM

How many hedge funds hold TCOM — quarterly history vs. share price
Quarterly hedge fund ownership of TCOM vs. share price

Market Analysis: TCOM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TCOM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Trip Com Group Ltd (TCOM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TCOM has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 85d ago
TCOM
-8.6%
XLY
+6.3%

TCOM outperformed XLY by -14.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
TCOM
-8.3%
XLY
-0.5%

Since the filing became public, TCOM outperformed XLY by -7.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 11 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
4.9
/ 10
conviction
Hedge Fund Positioning: TCOM
343 + Investors

Track Smart Money conviction in TCOM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 343 376 -8.78%
13F Shares 151M 162M -6.74%
Total Value $7.29B $11.62B -37.29%
New Positions 49 60 -11
Increased Positions 119 137 -18
Closed Positions 82 35 +47
Reduced Positions 128 117 +11
Total Calls 15 19 -21.05%
Total Puts 21 24 -12.5%
PUT/CALL Ratio 1.4 1.26 Bearish

Statistics: TCOM

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

343 + investors

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

QUARTER:
Top 25 TCOM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mizuho Securities Co. Ltd. 64.02% 98,740 $4.9M
2 Green Court Capital Management Ltd 22.83% 495,524 $24.7M
3 True Light Capital Pte. Ltd. 9.41% 373,751 $18.6M
4 Headwater Capital Co Ltd 5.28% 660,000 $32.9M
5 Platinum Investment Management Ltd 4.77% 379,718 $18.9M
6 ARGA Investment Management, LP 4.68% 2,861,617 $142.5M
7 WIM INVESTMENT MANAGEMENT Ltd 3.82% 258,550 $12.9M
8 Perseverance Asset Management International 3.70% 674,999 $33.6M
9 Triata Capital Ltd 3.51% 388,593 $19.3M
10 AI-Squared Management Ltd 3.43% 94,790 $4.7M
11 TB Alternative Assets Ltd. 3.37% 325,920 $16.2M
12 Greenwoods Asset Management Hong Kong Ltd. 3.34% 2,604,281 $129.7M
13 APEIRON CAPITAL Ltd 3.26% 70,000 $3.5M
14 Yiheng Capital Management, L.P. 1.90% 88,112 $4.4M
15 Cantillon Capital Management LLC 1.52% 4,589,621 $228.5M
16 Davis Selected Advisers 1.50% 6,555,112 $326.4M
17 PARUS FINANCE (UK) Ltd 1.45% 97,608 $4.9M
18 Brilliance Asset Management Ltd 1.32% 89,838 $4.5M
19 Maytree Asset Management Ltd 1.13% 31,999 $1.6M
20 Tairen Capital Ltd 1.01% 187,500 $9.3M
21 Ardmore Road Asset Management LP 0.98% 300,000 $14.9M
22 Matthews International Capital Management LLC 0.80% 39,529 $2.0M
23 Ovata Capital Management Ltd 0.78% 115,045 $5.6M
24 Boston Common Asset Management, LLC 0.75% 235,273 $11.7M
25 U S Global Investors Inc 0.72% 123,343 $6.1M
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 — Trip Com Group Ltd (TCOM)

What does the Smart Money Trend signal show for TCOM?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TCOM 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 TCOM?

More sellers than buyers — 44% buying: Last quarter: 221 funds reduced or exited vs 176 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for TCOM holders?

Elite ownership — 53% AUM from top-100 funds: 53 of 340 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in TCOM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TCOM?

64% of holders stayed for 2+ years: 220 out of 343 hedge funds have held TCOM 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 Trip Com Group Ltd (TCOM) following the 2026 Q1 hedge fund 13F filings?

As of today, TCOM has moved -8.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the XLY sector ETF — an outperformance of -7.8%. Since the quarter end (March 31, 2026), TCOM has gained -8.6% vs +6.3% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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