Booking.com
BKNG
1,167 hedge funds and large institutions have $61B invested in Booking.com in 2020 Q2 according to their latest regulatory filings, with 167 funds opening new positions, 358 increasing their positions, 509 reducing their positions, and 130 closing their positions.
28% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 130
19% more capital invested
Capital invested by funds: $51.4B → $61B (+$9.54B)
8.77% more ownership
Funds ownership: 2,328.87% → 2,337.64% (+8.8%)
3% more funds holding
Funds holding: 1,138 → 1,167 (+29)
11% less call options, than puts
Call options by funds: $3.8B | Put options by funds: $4.28B
16% less funds holding in top 10
Funds holding in top 10: 55 → 46 (-9)
30% less repeat investments, than reductions
Existing positions increased: 358 | Existing positions reduced: 509
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$907M |
| 2 |
JP Morgan Chase
New York
|
+$476M |
| 3 |
Parnassus Investments
San Francisco,
California
|
+$456M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$397M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$355M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$359M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$323M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$314M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$273M |
| 5 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$270M |
BKNG Hedge Fund Activity: Q2 2020 in Review
1,167 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Booking.com (BKNG) for Q2 2020, worth a combined $61B — up 19% from $51.4B a quarter earlier.
Buyers outnumbered sellers: 167 funds opened new BKNG positions and 130 closed out — a net gain of 37 holders — while 358 added to existing stakes and 509 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $907M. The largest seller was Dodge & Cox, cutting an estimated $359M.
- 1,167 institutional investors held Booking.com (BKNG) as of Q2 2020, up from 1,138 in Q1 2020.
- Funds reported $61B of Booking.com stock for Q2 2020, up 19% quarter-over-quarter.
- 167 funds opened new Booking.com positions in Q2 2020 and 130 closed out, a net change of +37 holders.
- The largest Booking.com buyer in Q2 2020 was Lone Pine Capital, an estimated $907M added.
- The largest Booking.com seller in Q2 2020 was Dodge & Cox, an estimated $359M sold.
Based on aggregated 13F filings for Q2 2020.