Booking.com
BKNG
1,137 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, 356 increasing their positions, 526 reducing their positions, and 269 closing their positions.
2.35% more ownership
Funds ownership: 90.6% → 92.94% (+2.3%)
11% less funds holding
Funds holding: 1,283 → 1,137 (-146)
21% less funds holding in top 10
Funds holding in top 10: 70 → 55 (-15)
32% less repeat investments, than reductions
Existing positions increased: 356 | Existing positions reduced: 526
34% less capital invested
Capital invested by funds: $77.8B → $51.4B (-$26.4B)
40% less call options, than puts
Call options by funds: $2.65B | Put options by funds: $4.45B
49% less first-time investments, than exits
New positions opened: 137 | Existing positions closed: 269
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$500M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$411M |
| 3 |
SIM
SRS Investment Management
New York
|
+$350M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$326M |
| 5 |
JP Morgan Chase
New York
|
+$299M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
-$796M |
| 2 |
Morgan Stanley
New York
|
-$741M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$550M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$512M |
| 5 |
Polen Capital Management
Boca Raton,
Florida
|
-$468M |
BKNG Hedge Fund Activity: Q1 2020 in Review
1,137 of the 4,547 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 356 added.
The largest buyer was Dodge & Cox, adding an estimated $500M. The largest seller was Edgewood Management, exiting entirely with an estimated $796M sold.
- 1,137 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.