Booking Holdings Inc.

BKNG • NASDAQ

Booking Holdings Inc. is a travel services company in the consumer cyclical sector on NASDAQ, led by Glenn Fogel, with a market cap of $162.05B. As of Q3 2025, 89% of shares are held by 1,870 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.18%.

CEO and PresidentGlenn Fogel

Market Cap$162.05B

Travel Services

Consumer Cyclical

Employees23.6K

Websitebookingholdings.com

Country

United States of America

Overview

Overview of institutional ownership in BKNG as of Q3 2025 with a market cap of $174.99B

All Institutions

Institutions: 1,870
Value Held: $155.02B
Shares Held: 28.9M
Avg Position: $82.9M
Median Position: $1.8M

Hedge Funds

Hedge Funds: 99
Value Held: $5.6B
Shares Held: 1.0M
Avg Position: $56.4M
Median Position: $5.4M

Ownership Breakdown

Institutional (non-HF)

85.4%

$149.43B

Hedge Funds

3.19%

$5.6B

Retail & Other

11.41%

$20.0B

Based on market cap of $174.99B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BKNG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$16.1B 0.24% of portfolio	9.18% 3.0M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$15.1B 0.27% of portfolio	8.64% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$7.7B 0.27% of portfolio	4.41% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$6.3B 0.40% of portfolio	3.58% 1.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$4.6B 0.29% of portfolio	2.65% 858.2K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$4.5B 0.50% of portfolio	2.58% 837.4K shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
C Capital World Investors Institution	-	$4.3B 0.59% of portfolio	2.44% 792.0K shares	≤ Q2 2013 Held for 12y 5m+	$730.00B
FMR LLC Institution	-	$4.0B 0.21% of portfolio	2.27% 735.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$3.7B 0.23% of portfolio	2.12% 686.8K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
DODGE & COX Long Only Manager	Dana Morton Emery CEO	$3.6B 1.97% of portfolio	2.08% 675.1K shares	Q2 2015 Held for 10y 5m	$185.33B

Net Capital Flow

Institutional buying and selling activity for BKNG in Q3 2025

Net Flow: −$2.0B
Buyers: 727
Sellers: 763
Total Bought: +$5.9B
Total Sold: −$7.9B
Avg Position: $81.8M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$657.8M +121.8K shares	$4.0B 735.6K shares
JPMORGAN CHASE & CO Institution	+$478.6M +88.6K shares	$6.3B 1.2M shares
B BlackRock, Inc. Institution	+$410.7M +76.1K shares	$15.1B 2.8M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$275.4M +82.3K shares	$722.2M 215.9K shares
A AGF MANAGEMENT LTD Institution	+$259.8M +48.1K shares	$266.1M 49.3K shares
P PUBLIC SECTOR PENSION INVESTMENT BOARD Institution	+$157.3M +29.1K shares	$177.8M 32.9K shares
Invesco Ltd. ETF Provider	+$137.8M +25.5K shares	$2.2B 405.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$135.2M +25.0K shares	$135.2M 25.0K shares
Q Quadrature Capital Ltd Institution	+$109.5M +20.3K shares	$109.5M 20.3K shares
BARCLAYS PLC Institution	+$109.4M +20.3K shares	$762.6M 141.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
VESTOR CAPITAL CORP RIA/Wealth	−$569.2M −105.4K shares	$86.4K 16.0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$468.3M −86.7K shares	$1.5B 271.8K shares
C Capital World Investors Institution	−$396.8M −73.5K shares	$4.3B 792.0K shares
MORGAN STANLEY RIA/Wealth	−$332.0M −61.5K shares	$3.7B 686.8K shares
DODGE & COX Long Only Manager	−$299.1M −55.4K shares	$3.6B 675.1K shares
Holocene Advisors, LP Hedge Fund•Long/Short	−$255.5M −47.3K shares	$20.1M 3.7K shares
Symphony Financial, Ltd. Co. RIA/Wealth	−$219.7M −40.5K shares	$450.0K 83.0 shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$211.1M −39.1K shares	$4.5B 837.4K shares
A AXA Institution	−$201.2M −37.3K shares	$1.1M 208.0 shares
Bank of New York Mellon Corp Institution	−$161.9M −30.0K shares	$2.1B 385.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BKNG in Q3 2025

New Positions: 56
New Value: $243.6M
Exited Positions: 124
Exited Value: $458.5M

New Positions

Institution	Position Value
A ACTIAM N.V. Institution	$122.4M 22.7K shares
S SIG BROKERAGE, LP Institution	$76.2M 14.1K shares
Copeland Capital Management, LLC Long Only Manager	$11.1M 2.1K shares
A AMIRAL GESTION Institution	$4.4M 807.0 shares
Promethos Capital, LLC Private Equity	$4.3M 788.0 shares
Goodman Advisory Group, LLC RIA/Wealth	$3.4M 625.0 shares
N Nutshell Asset Management Ltd Institution	$3.3M 613.0 shares
T TEMA ETFS LLC Institution	$3.1M 570.0 shares
Ritter Daniher Financial Advisory LLC / DE RIA/Wealth	$1.7M 309.0 shares
Maridea Wealth Management LLC RIA/Wealth	$1.6M 303.0 shares

Exited Positions

Institution	Previous Position
Z Zurich Insurance Group Ltd/FI Institution	$113.1M 19.5K shares
B BI Asset Management Fondsmaeglerselskab A/S Institution	$89.5M 15.5K shares
H Hook Mill Capital Partners, LP Institution	$33.9M 5.9K shares
Benchstone Capital Management LP Hedge Fund•Long/Short	$26.2M 4.5K shares
G Greenland Capital Management LP Hedge Fund•Multi-Strategy	$24.7M 4.3K shares
Q Quantitative Investment Management, LLC Hedge Fund•Quant Macro	$15.2M 2.6K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$14.5M 2.5K shares
M MIRAE ASSET SECURITIES INC. Institution	$11.6M 2.0K shares
R Rokos Capital Management LLP Hedge Fund•Global Macro	$10.4M 1.8K shares
C COOPER INVESTORS PTY LTD Institution	$10.3M 1.8K shares

Options Activity

Institutions with the largest Call and Put options positions in BKNG as of Q3 2025

Call Positions: 47
Call Value: $7.0B
Put Positions: 47
Put Value: $5.8B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.2B 4.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.3B 2.4K contracts
A ALKEON CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	$701.9M 1.3K contracts
W WOLVERINE TRADING, LLC Institution	$537.3M 985.0 contracts
D D. E. Shaw & Co., Inc. Institution	$496.2M 919.0 contracts
D DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Institution	$388.7M 720.0 contracts
J JANE STREET GROUP, LLC Institution	$334.2M 619.0 contracts
CITIGROUP INC Institution	$189.0M 350.0 contracts
Walleye Trading LLC RIA/Wealth	$183.0M 339.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$133.9M 248.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.6B 4.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$992.9M 1.8K contracts
W WOLVERINE TRADING, LLC Institution	$700.9M 1.3K contracts
J JANE STREET GROUP, LLC Institution	$255.9M 474.0 contracts
D D. E. Shaw & Co., Inc. Institution	$151.2M 280.0 contracts
Covenant Asset Management, LLC RIA/Wealth	$129.6M - contracts
Marshall Wace LLP Institution	$128.0M 237.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$108.0M 200.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$103.1M 191.0 contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$102.0M 189.0 contracts

Most Committed Institutions

Institutions with BKNG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S SIG BROKERAGE, LP Institution	-	19.20% $76.2M	0.04% 14.1K shares	Q1 2025 Held for 8 months	$396.7M
Aspen Grove Capital, LLC Family Office	Richard Jess Geisman CCO	15.54% $92.3M	0.05% 17.1K shares	Q2 2024 Held for 1y 5m	$594.3M
I Investidor Profissional Gestao de Recursos Ltda. Institution	-	14.19% $18.1M	0.01% 3.4K shares	Q1 2025 Held for 8 months	$127.7M
A aeris Capital Holding GmbH Institution	-	13.13% $50.0M	0.03% 9.3K shares	Q4 2014 Held for 10y 11m	$381.2M
R Rothschild & Co Wealth Management UK Ltd Institution	-	12.35% $768.2M	0.44% 142.3K shares	Q2 2020 Held for 5y 5m	$6.2B
P Prevatt Capital Ltd Long Only Manager	Jonathan Israel Tepper CIO	12.30% $36.2M	0.02% 6.7K shares	Q4 2023 Held for 1y 11m	$294.2M
H Hengistbury Investment Partners LLP Institution	-	9.80% $15.5M	0.01% 2.9K shares	Q1 2022 Held for 3y 8m	$157.9M
GUARDCAP ASSET MANAGEMENT Ltd Long Only Manager	Steven Andrew Ralph Bates CIO	9.42% $406.5M	0.23% 75.3K shares	Q4 2017 Held for 7y 11m	$4.3B
A Ampersand Capital Group, L.P. Private Equity	Nikhil Trikha Managing Partner	9.06% $20.1M	0.01% 3.7K shares	Q4 2024 Held for 11 months	$222.0M
V Voyager Global Management LP Hedge Fund•Long/Short	Grant Nolan Sui CIO	9.01% $307.8M	0.18% 57.0K shares	Q2 2023 Held for 2y 5m	$3.4B

Hedge Fund Spotlight

Discover hedge funds investing in BKNG

SHAKER INVESTMENTS LLC/OH

Hedge Fund • Long/Short

Portfolio ManagerEdward Paul Hemmelgarn

Portfolio Value: $249.9M
Positions: 97
Last Reported: Q3 2025

Sector Allocation

Position in Booking Holdings Inc.

Market Value: $2.2M
Shares Held: 412.0
Portfolio Weight: 0.89%
Owned Since: 2024-Q3

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