Booking.com
BKNG
666 hedge funds and large institutions have $50.7B invested in Booking.com in 2013 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 234 increasing their positions, 269 reducing their positions, and 41 closing their positions.
122% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 41
22% more funds holding in top 10
Funds holding in top 10: 54 → 66 (+12)
19% more capital invested
Capital invested by funds: $42.5B → $50.7B (+$8.22B)
7% more funds holding
Funds holding: 621 → 666 (+45)
4% less call options, than puts
Call options by funds: $3.5B | Put options by funds: $3.65B
13% less repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 269
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$363M |
| 2 |
JP Morgan Chase
New York
|
+$260M |
| 3 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
+$228M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$171M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$169M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.3B |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$700M |
| 3 |
State Street
Boston,
Massachusetts
|
-$207M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
-$185M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$177M |
BKNG Hedge Fund Activity: Q3 2013 in Review
666 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Booking.com (BKNG) for Q3 2013, worth a combined $50.7B — up 19% from $42.5B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new BKNG positions and 41 closed out — a net gain of 50 holders — while 234 added to existing stakes and 269 trimmed.
The largest buyer was Davis Selected Advisers, opening a new position worth an estimated $363M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $9.3B.
- 666 institutional investors held Booking.com (BKNG) as of Q3 2013, up from 621 in Q2 2013.
- Funds reported $50.7B of Booking.com stock for Q3 2013, up 19% quarter-over-quarter.
- 91 funds opened new Booking.com positions in Q3 2013 and 41 closed out, a net change of +50 holders.
- The largest Booking.com buyer in Q3 2013 was Davis Selected Advisers, an estimated $363M added.
- The largest Booking.com seller in Q3 2013 was BNP Paribas Financial Markets, an estimated $9.3B sold.
Based on aggregated 13F filings for Q3 2013.