Booking.com
BKNG
1,252 hedge funds and large institutions have $76.8B invested in Booking.com in 2019 Q3 according to their latest regulatory filings, with 106 funds opening new positions, 473 increasing their positions, 483 reducing their positions, and 65 closing their positions.
63% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 65
5% more funds holding in top 10
Funds holding in top 10: 79 → 83 (+4)
3.71% more ownership
Funds ownership: 2,299.86% → 2,303.57% (+3.7%)
3% more funds holding
Funds holding: 1,215 → 1,252 (+37)
3% more capital invested
Capital invested by funds: $74.2B → $76.8B (+$2.55B)
2% less repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 483
49% less call options, than puts
Call options by funds: $4.05B | Put options by funds: $7.98B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$612M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$311M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$271M |
| 4 |
ClearBridge Investments
New York
|
+$230M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$171M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
-$568M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$262M |
| 3 |
Flossbach Von Storch
Cologne,
Germany
|
-$228M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$213M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$201M |
BKNG Hedge Fund Activity: Q3 2019 in Review
1,252 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Booking.com (BKNG) for Q3 2019, worth a combined $76.8B — up 3.4% from $74.2B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new BKNG positions and 65 closed out — a net gain of 41 holders — while 473 added to existing stakes and 483 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $612M. The largest seller was Edgewood Management, cutting an estimated $568M.
- 1,252 institutional investors held Booking.com (BKNG) as of Q3 2019, up from 1,215 in Q2 2019.
- Funds reported $76.8B of Booking.com stock for Q3 2019, up 3.4% quarter-over-quarter.
- 106 funds opened new Booking.com positions in Q3 2019 and 65 closed out, a net change of +41 holders.
- The largest Booking.com buyer in Q3 2019 was Fidelity Investments, an estimated $612M added.
- The largest Booking.com seller in Q3 2019 was Edgewood Management, an estimated $568M sold.
Based on aggregated 13F filings for Q3 2019.