Expedia Group
EXPE
1,160 hedge funds and large institutions have $33B invested in Expedia Group in 2025 Q4 according to their latest regulatory filings, with 243 funds opening new positions, 405 increasing their positions, 361 reducing their positions, and 79 closing their positions.
208% more first-time investments, than exits
New positions opened: 243 | Existing positions closed: 79
55% more funds holding in top 10
Funds holding in top 10: 11 → 17 (+6)
36% more capital invested
Capital invested by funds: $24.2B → $33B (+$8.72B)
15% more funds holding
Funds holding: 1,009 → 1,160 (+151)
12% more repeat investments, than reductions
Existing positions increased: 405 | Existing positions reduced: 361
3.63% more ownership
Funds ownership: 95.94% → 99.57% (+3.6%)
6% less call options, than puts
Call options by funds: $874M | Put options by funds: $932M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$306M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$224M |
| 3 |
JP Morgan Chase
New York
|
+$155M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$136M |
| 5 |
Morgan Stanley
New York
|
+$128M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$329M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$303M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$169M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$149M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$136M |
EXPE Hedge Fund Activity: Q4 2025 in Review
1,160 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q4 2025, worth a combined $33B — up 36% from $24.2B a quarter earlier.
Buyers outnumbered sellers: 243 funds opened new EXPE positions and 79 closed out — a net gain of 164 holders — while 405 added to existing stakes and 361 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $306M. The largest seller was WINDACRE PARTNERSHIP LLC, cutting an estimated $329M.
- 1,160 institutional investors held Expedia Group (EXPE) as of Q4 2025, up from 1,009 in Q3 2025.
- Funds reported $33B of Expedia Group stock for Q4 2025, up 36% quarter-over-quarter.
- 243 funds opened new Expedia Group positions in Q4 2025 and 79 closed out, a net change of +164 holders.
- The largest Expedia Group buyer in Q4 2025 was Goldman Sachs, an estimated $306M added.
- The largest Expedia Group seller in Q4 2025 was WINDACRE PARTNERSHIP LLC, an estimated $329M sold.
Based on aggregated 13F filings for Q4 2025.