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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
Bank of Montreal
151
Bank of Montreal
Ontario, Canada
$46.1M -$15.7M -223,925 -20%
Ohio Public Employees Retirement System (OPERS)
152
Ohio Public Employees Retirement System (OPERS)
Ohio
$44.7M +$3.09M +44,025 +6%
SO
153
STRS Ohio
Ohio
$44.1M +$20.6M +292,900 +56%
EIC
154
Equity Investment Corp
Georgia
$43M +$14.9M +212,975 +36%
Point72 Asset Management
155
Point72 Asset Management
Connecticut
$42M -$24.5M -348,625 -31%
A
156
AustralianSuper
Australia
$41.8M +$7.4M +105,500 +16%
State of New Jersey Common Pension Fund D
157
State of New Jersey Common Pension Fund D
New Jersey
$41.8M
Janus Henderson Group
158
Janus Henderson Group
United Kingdom
$41.3M -$7.8M -111,150 -13%
RGI
159
River Global Investors
United Kingdom
$41.2M +$38.9M +553,775 +262%
SP
160
Sarasin & Partners
United Kingdom
$41.1M +$5.03M +71,725 +10%
SL
161
Summitry LLC
California
$40.7M +$16M +227,550 +43%
ECM
162
Ensemble Capital Management
California
$40.2M +$2.35M +33,425 +5%
Russell Investments Group
163
Russell Investments Group
United Kingdom
$40.1M -$26.6M -379,650 -34%
VOYA Investment Management
164
VOYA Investment Management
Georgia
$39.7M -$1.38M -19,700 -3%
HSC
165
Harbor Spring Capital
New York
$39.6M +$9.48M +135,000 +23%
KeyBank National Association
166
KeyBank National Association
Ohio
$39.2M -$4.47M -63,625 -8%
Robeco Institutional Asset Management
167
Robeco Institutional Asset Management
Netherlands
$38.9M -$58.8M -837,250 -54%
BNP Paribas Asset Management
168
BNP Paribas Asset Management
France
$38.5M +$26.2M +373,850 +109%
SOMRS
169
State of Michigan Retirement System
Michigan
$38.5M -$877K -12,500 -2%
CIC
170
Chilton Investment Company
Connecticut
$37.8M +$49.3M +702,750 New
FMI
171
Factory Mutual Insurance
Massachusetts
$37.6M
MAM
172
Martingale Asset Management
Massachusetts
$36.8M +$3.9M +55,550 +9%
HAM
173
HHR Asset Management
New Jersey
$36.7M +$7.62M +108,625 +19%
MWNA
174
Marshall Wace North America
New York
$35.9M +$46.8M +667,000 New
ProShare Advisors
175
ProShare Advisors
Maryland
$35.4M -$13.8M -196,950 -23%

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.