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Booking.com

1,138 hedge funds and large institutions have $51.4B invested in Booking.com in 2020 Q1 according to their latest regulatory filings, with 137 funds opening new positions, 357 increasing their positions, 526 reducing their positions, and 269 closing their positions.

New
Increased
Maintained
Reduced
Closed

63.98% more ownership

Funds ownership: 2,264.89%2,328.87% (+64%)

11% less funds holding

Funds holding: 1,2831,138 (-145)

21% less funds holding in top 10

Funds holding in top 10: 7055 (-15)

32% less repeat investments, than reductions

Existing positions increased: 357 | Existing positions reduced: 526

34% less capital invested

Capital invested by funds: $77.8B → $51.4B (-$26.3B)

40% less call options, than puts

Call options by funds: $2.78B | Put options by funds: $4.62B

49% less first-time investments, than exits

New positions opened: 137 | Existing positions closed: 269

Holders
1,138
Holders Change
-145
Holders Change %
-11.3%
% of All Funds
25.07%
Holding in Top 10
55
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-21.43%
% of All Funds
1.21%
New
137
Increased
357
Reduced
526
Closed
269
Calls
$2.78B
Puts
$4.62B
Net Calls
-$1.83B
Net Calls Change
+$2.14B
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
76
Citigroup
New York
$121M -$47.5M -676,500 -23%
Holocene Advisors
77
Holocene Advisors
New York
$119M -$68.5M -976,625 -31%
WRF
78
Waddell & Reed Financial
Kansas
$112M -$67.4M -960,175 -32%
BAM
79
Burgundy Asset Management
Ontario, Canada
$110M -$8.74M -124,500 -6%
Canada Life
80
Canada Life
Manitoba, Canada
$108M -$2.11M -30,025 -1%
Susquehanna International Group
81
Susquehanna International Group
Pennsylvania
$103M +$60.9M +867,175 +82%
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$103M -$365K -5,200 -0.3%
RhumbLine Advisers
83
RhumbLine Advisers
Massachusetts
$102M -$123K -1,750 -0.1%
Arrowstreet Capital
84
Arrowstreet Capital
Massachusetts
$101M +$131M +1,869,275 New
UBS Group
85
UBS Group
Switzerland
$100M +$33.1M +471,150 +34%
TD Asset Management
86
TD Asset Management
Ontario, Canada
$99.1M +$12.7M +181,400 +11%
EVM
87
Eaton Vance Management
Massachusetts
$97.3M -$7.29M -103,800 -5%
Massachusetts Financial Services
88
Massachusetts Financial Services
Massachusetts
$97M -$67.7M -964,125 -35%
Alkeon Capital Management
89
Alkeon Capital Management
New York
$94.2M +$123M +1,750,000 New
Parallax Volatility Advisers
90
Parallax Volatility Advisers
California
$94.1M +$48.8M +695,700 +66%
ACM
91
Alta Capital Management
Utah
$93.7M +$61.4M +874,475 +101%
Renaissance Technologies
92
Renaissance Technologies
New York
$92.7M +$121M +1,722,475 New
MIS
93
Morningstar Investment Services
Illinois
$84.5M +$3.96M +56,475 +4%
Victory Capital Management
94
Victory Capital Management
Texas
$84.3M +$52.8M +752,475 +92%
Fidelity International
95
Fidelity International
Bermuda
$83.7M -$23.4M -333,950 -18%
New York State Teachers Retirement System (NYSTRS)
96
New York State Teachers Retirement System (NYSTRS)
New York
$83.4M -$7.37M -105,000 -6%
Swedbank
97
Swedbank
Sweden
$83.1M -$117M -1,666,525 -52%
MAM
98
Majedie Asset Management
United Kingdom
$82.8M -$31.5M -448,200 -23%
Bank of Nova Scotia
99
Bank of Nova Scotia
Ontario, Canada
$80.5M +$56.5M +804,525 +116%
Principal Financial Group
100
Principal Financial Group
Iowa
$80M -$128M -1,817,500 -55%

BKNG Hedge Fund Activity: Q1 2020 in Review

1,138 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Booking.com (BKNG) for Q1 2020, worth a combined $51.4B — down 34% from $77.8B a quarter earlier.

Sellers outnumbered buyers: 269 funds closed out of BKNG and 137 opened new positions — a net loss of 132 holders — while 526 trimmed existing stakes and 357 added.

The largest buyer was Dodge & Cox, adding an estimated $500M. The largest seller was Edgewood Management, exiting entirely with an estimated $796M sold.

  • 1,138 institutional investors held Booking.com (BKNG) as of Q1 2020, down from 1,283 in Q4 2019.
  • Funds reported $51.4B of Booking.com stock for Q1 2020, down 34% quarter-over-quarter.
  • 137 funds opened new Booking.com positions in Q1 2020 and 269 closed out, a net change of -132 holders.
  • The largest Booking.com buyer in Q1 2020 was Dodge & Cox, an estimated $500M added.
  • The largest Booking.com seller in Q1 2020 was Edgewood Management, an estimated $796M sold.

Based on aggregated 13F filings for Q1 2020.