BKNG ranks #153 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
BKNG is a top-conviction position for Rothschild & Co Wealth Management UK Ltd — at 11.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in BKNG belongs to BlackRock, Inc., but the position matters far more to Rothschild & Co Wealth Management UK Ltd, who has 11.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Orbis Allan Gray Ltd has added to its BKNG position for two straight quarters, increasing it by $1.1B to reach $1.3B today.
JPMorgan has trimmed its BKNG position for two straight quarters, cutting it by $2.6B while still holding $3.5B.
BKNG is up 2% today, and institutions have been net buyers of $22.1B this quarter — today's price move and the underlying institutional flow are pointing the same direction.