Booking.com
BKNG
726 hedge funds and large institutions have $58.9B invested in Booking.com in 2013 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 214 increasing their positions, 312 reducing their positions, and 50 closing their positions.
140% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 50
16% more capital invested
Capital invested by funds: $50.7B → $58.9B (+$8.26B)
9% more funds holding
Funds holding: 666 → 726 (+60)
2% more funds holding in top 10
Funds holding in top 10: 66 → 67 (+1)
20% less call options, than puts
Call options by funds: $4.14B | Put options by funds: $5.16B
31% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 312
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Marsico Capital Management
Denver,
Colorado
|
+$256M |
| 2 |
State Street
Boston,
Massachusetts
|
+$252M |
| 3 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
+$217M |
| 4 |
Tiger Global Management
New York
|
+$152M |
| 5 |
Axa
Paris,
France
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$288M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$197M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$163M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$163M |
| 5 |
Jennison Associates
New York
|
-$134M |
BKNG Hedge Fund Activity: Q4 2013 in Review
726 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Booking.com (BKNG) for Q4 2013, worth a combined $58.9B — up 16% from $50.7B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new BKNG positions and 50 closed out — a net gain of 70 holders — while 214 added to existing stakes and 312 trimmed.
The largest buyer was Marsico Capital Management, adding an estimated $256M. The largest seller was PAR Capital Management, cutting an estimated $288M.
- 726 institutional investors held Booking.com (BKNG) as of Q4 2013, up from 666 in Q3 2013.
- Funds reported $58.9B of Booking.com stock for Q4 2013, up 16% quarter-over-quarter.
- 120 funds opened new Booking.com positions in Q4 2013 and 50 closed out, a net change of +70 holders.
- The largest Booking.com buyer in Q4 2013 was Marsico Capital Management, an estimated $256M added.
- The largest Booking.com seller in Q4 2013 was PAR Capital Management, an estimated $288M sold.
Based on aggregated 13F filings for Q4 2013.