Vanguard Holds 25.4% Stake in TripAdvisor, 18M Shares

Ticker: TRIP · Form: SC 13G/A · Filed: 2024-01-10T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investment, amendment, large-holder

TL;DR

**Vanguard still owns a quarter of TripAdvisor, big institutional backing.**

AI Summary

The Vanguard Group, a major investment firm, filed an updated SC 13G/A on January 10, 2024, disclosing its ownership in TripAdvisor Inc. As of December 29, 2023, Vanguard beneficially owned 18,041,080 shares of TripAdvisor's Common Stock, representing 25.4% of the company. This filing indicates Vanguard's continued significant passive stake in TripAdvisor, which is important for investors as large institutional ownership can provide stability but also influence stock performance through large-scale buying or selling.

Why It Matters

This filing confirms Vanguard's substantial ownership in TripAdvisor, signaling a strong institutional vote of confidence that can influence other investors and potentially stabilize the stock price.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor, indicating no immediate significant risk or change in company control.

Analyst Insight

Investors should note Vanguard's continued large, passive stake, which suggests long-term institutional confidence in TripAdvisor. This could be a positive signal for stability, but doesn't imply any active management changes or immediate catalysts.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the total number of TripAdvisor Inc. shares beneficially owned by The Vanguard Group as of the filing date?

As of December 29, 2023, The Vanguard Group beneficially owned 18,041,080 shares of TripAdvisor Inc. Common Stock, as stated in Item 9 of the filing.

What percentage of TripAdvisor Inc.'s Common Stock does The Vanguard Group own?

The Vanguard Group owns 25.4% of TripAdvisor Inc.'s Common Stock, as reported in Item 11 of the SC 13G/A filing.

What type of filing is this and who filed it?

This is an SC 13G/A (Amendment No. 11) filing, and it was filed by The Vanguard Group regarding its ownership in TripAdvisor Inc.

What is the date of the event that required this filing?

The date of the event which required this filing is December 29, 2023, as specified on the cover page of the Schedule 13G/A.

Does The Vanguard Group have sole voting power over any of the TripAdvisor shares it owns?

No, The Vanguard Group reported 0 shares with sole voting power, as indicated in Item 5 of the filing. It holds shared voting power over 35,532 shares.

From the Filing

0001104659-24-002859.txt : 20240110 0001104659-24-002859.hdr.sgml : 20240110 20240110101655 ACCESSION NUMBER: 0001104659-24-002859 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240110 DATE AS OF CHANGE: 20240110 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TripAdvisor, Inc. CENTRAL INDEX KEY: 0001526520 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 800743202 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86536 FILM NUMBER: 24525244 BUSINESS ADDRESS: STREET 1: 400 1ST AVENUE CITY: NEEDHAM STATE: MA ZIP: 02494 BUSINESS PHONE: 781-800-5800 MAIL ADDRESS: STREET 1: 400 1ST AVENUE CITY: NEEDHAM STATE: MA ZIP: 02494 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv0012-tripadvisorinc.htm SCHEDULE 13G/A tripadvisorinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 11)* Name of issuer:  TripAdvisor Inc Title of Class of Securities:  Common Stock CUSIP Number:  896945201 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  896945201 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 35,532 7.  SOLE DISPOSITIVE POWER 12,727,644 8.  SHARED DISPOSITIVE POWER 148,970 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,876,614 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.24% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: TripAdvisor Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 400 1st Avenue Needham, MA 02494 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securities: Common Stock Item 2(e) - CUSIP Number 896945201 Item 3 - Type of Filing: This statement is being

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