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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.47B +$134M +1,905,000 +2%
BlackRock
2
BlackRock
New York
$3.86B +$168M +2,389,375 +3%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$3.12B +$55.2M +786,825 +1%
State Street
4
State Street
Massachusetts
$2.45B -$29.7M -422,575 -0.9%
Dodge & Cox
5
Dodge & Cox
California
$2.3B +$500M +7,126,600 +20%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$1.41B -$512M -7,293,075 -22%
Harris Associates
7
Harris Associates
Illinois
$1.11B +$281M +3,998,325 +24%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$1.06B +$60.6M +863,775 +5%
Capital International Investors
9
Capital International Investors
California
$990M +$135M +1,925,800 +12%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$938M +$19.3M +274,675 +2%
Invesco
11
Invesco
Georgia
$828M +$990K +14,100 +0.1%
Ninety One (UK)
12
Ninety One (UK)
United Kingdom
$651M -$132M -1,876,400 -13%
JP Morgan Chase
13
JP Morgan Chase
New York
$643M +$299M +4,265,775 +56%
Northern Trust
14
Northern Trust
Illinois
$637M -$26.9M -383,625 -3%
Norges Bank
15
Norges Bank
Norway
$582M -$27.9M -398,100 -4%
Deutsche Bank
16
Deutsche Bank
Germany
$558M +$35.8M +510,625 +5%
Artisan Partners
17
Artisan Partners
Wisconsin
$541M +$235M +3,344,150 +50%
Capital Research Global Investors
18
Capital Research Global Investors
California
$519M -$58.4M -831,750 -8%
FMI
19
Fiduciary Management Inc
Wisconsin
$509M +$277M +3,948,750 +72%
IFP
20
Independent Franchise Partners
United Kingdom
$495M +$62.8M +895,375 +11%
PCM
21
PAR Capital Management
Massachusetts
$432M +$287M +4,089,500 +104%
AllianceBernstein
22
AllianceBernstein
Tennessee
$412M -$550M -7,833,825 -51%
MCM
23
Melvin Capital Management
New York
$382M +$228M +3,247,175 +84%
Schroder Investment Management Group
24
Schroder Investment Management Group
United Kingdom
$370M +$75.8M +1,079,875 +19%
Legal & General Group
25
Legal & General Group
United Kingdom
$362M +$9.53M +135,825 +2%

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.