Booking.com
BKNG
1,045 hedge funds and large institutions have $85.1B invested in Booking.com in 2017 Q3 according to their latest regulatory filings, with 98 funds opening new positions, 395 increasing their positions, 399 reducing their positions, and 78 closing their positions.
26% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 78
1% more funds holding
Funds holding: 1,036 → 1,045 (+9)
1% less repeat investments, than reductions
Existing positions increased: 395 | Existing positions reduced: 399
3% less capital invested
Capital invested by funds: $87.4B → $85.1B (-$2.38B)
9.82% less ownership
Funds ownership: 2,379.22% → 2,369.4% (-9.8%)
24% less funds holding in top 10
Funds holding in top 10: 88 → 67 (-21)
33% less call options, than puts
Call options by funds: $4.3B | Put options by funds: $6.37B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$773M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$180M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$180M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$172M |
| 5 |
Flossbach Von Storch
Cologne,
Germany
|
+$161M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$394M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
-$300M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$273M |
| 4 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$271M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$201M |
BKNG Hedge Fund Activity: Q3 2017 in Review
1,045 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Booking.com (BKNG) for Q3 2017, worth a combined $85.1B — down 2.7% from $87.4B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new BKNG positions and 78 closed out — a net gain of 20 holders — while 395 added to existing stakes and 399 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $773M. The largest seller was Morgan Stanley, cutting an estimated $394M.
- 1,045 institutional investors held Booking.com (BKNG) as of Q3 2017, up from 1,036 in Q2 2017.
- Funds reported $85.1B of Booking.com stock for Q3 2017, down 2.7% quarter-over-quarter.
- 98 funds opened new Booking.com positions in Q3 2017 and 78 closed out, a net change of +20 holders.
- The largest Booking.com buyer in Q3 2017 was Lone Pine Capital, an estimated $773M added.
- The largest Booking.com seller in Q3 2017 was Morgan Stanley, an estimated $394M sold.
Based on aggregated 13F filings for Q3 2017.