Vault-13

BOOKING HOLDINGS INC BKNG 0.75 05.01.25

NOTE 0.750% 5/0 · US DOMESTIC · CUSIP 09857LAN8

73 institutional holders -9 vs Q4 2024
4,707,7184.7m shares reported held*
$1.7bnreported value*
9 new 14 added 24 reduced 18 sold out net sold ≈ $34.2m (-10.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $363.43.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 70Q4 22: 79Q1 23: 77Q2 23: 88Q3 23: 81Q4 23: 82Q1 24: 82Q2 24: 78Q3 24: 78Q4 24: 82Q1 25: 7373Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202270
Q4 202279
Q1 202377
Q2 202388
Q3 202381
Q4 202382
Q1 202482
Q2 202478
Q3 202478
Q4 202482
Q1 202573

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q2 23: 34 bought or addedQ2 23: 37 cut or sold outQ3 23: 26 bought or addedQ3 23: 47 cut or sold outQ3 23Q4 23: 28 bought or addedQ4 23: 37 cut or sold outQ1 24: 30 bought or addedQ1 24: 45 cut or sold outQ1 24Q2 24: 24 bought or addedQ2 24: 40 cut or sold outQ3 24: 20 bought or addedQ3 24: 34 cut or sold outQ3 24Q4 24: 24 bought or addedQ4 24: 39 cut or sold outQ1 25: 23 bought or addedQ1 25: 42 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20233437
Q3 20232647
Q4 20232837
Q1 20243045
Q2 20242440
Q3 20242034
Q4 20242439
Q1 20252342

Biggest buyers

D. E. Shaw & Co., Inc. Added +103,047,000+103.0m
Elequin Capital, LP New +25,179,000+25.2m
JPMORGAN CHASE & CO Added +12,833,000+12.8m
BANK OF NOVA SCOTIA New +11,483,000+11.5m
PIPER SANDLER & CO. New +10,333,000+10.3m
VOYA INVESTMENT MANAGEMENT LLC Added +7,520,000+7.5m
UBS Group AG Added +6,514,000+6.5m
WELLS FARGO & COMPANY/MN Added +4,602,000+4.6m
BANK OF MONTREAL /CAN/ Added +2,700,000+2.7m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +500,000+500.0k

Biggest sellers

Opti Capital Management, LP Sold out -39,526,000-39.5m
TWO SIGMA INVESTMENTS, LP Sold out -34,585,000-34.6m
LAZARD ASSET MANAGEMENT LLC Reduced -19,208,000-19.2m
VICTORY CAPITAL MANAGEMENT INC Reduced -16,958,000-17.0m
STATE STREET CORP Reduced -13,233,000-13.2m
MacKay Shields LLC Reduced -11,000,000-11.0m
BlackRock, Inc. Sold out -8,331,000-8.3m
III Capital Management Reduced -7,773,000-7.8m
Parallax Volatility Advisers, L.P. Reduced -7,500,000-7.5m
Thrivent Financial for Lutherans Sold out -7,278,000-7.3m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.35% of their portfolio New York, NY 120,642,000120.6m $296.5m $296.5m 0.35% Added +103.0m +103,047,000
2 MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 59,985,00060.0m $147.5m $147.5m 0.14% Unchanged
3 Calamos Advisors LLC 0.45% of their portfolio NAPERVILLE, IL 38,860,00038.9m $95.3m $95.3m 0.45% Added +104.0k +104,000
4 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 36,429,00036.4m $89.3m $89.3m 0.02% Added +4.6m +4,602,000
5 VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio San Antonio, TX 28,614,00028.6m $70.2m $70.2m 0.07% Reduced -17.0m -16,958,000
6 III Capital Management 16.08% of their portfolio BOCA RATON, FL 27,714,00027.7m $68.1m $68.1m 16.08% Reduced -7.8m -7,773,000
7 Elequin Capital, LP 11.64% of their portfolio NEW YORK, NY 25,179,00025.2m $62.0m $62.0m 11.64% New
8 Elliott Investment Management L.P. 0.55% of their portfolio WEST PALM BEACH, FL 25,000,00025.0m $61.4m $61.4m 0.55% Unchanged
9 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 24,500,00024.5m $60.3m $60.3m 0.02% Reduced -4.2m -4,179,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 24,012,00024.0m $59.4m $59.4m 0.00% Added +12.8m +12,833,000
11 ADVENT CAPITAL MANAGEMENT /DE/ 1.31% of their portfolio NEW YORK, NY 23,212,00023.2m $57.1m $57.1m 1.31% Reduced -1.9m -1,920,000
12 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 21,040,00021.0m $51.8m $51.8m 0.03% Added +7.5m +7,520,000
13 Parallax Volatility Advisers, L.P. 1.19% of their portfolio San Francisco, CA 15,000,00015.0m $36.9m $36.9m 1.19% Reduced -7.5m -7,500,000
14 Universal- Beteiligungs- und Servicegesellschaft mbH 0.06% of their portfolio FRANKFURT AM MAIN, 2M 12,662,00012.7m $31.1m $31.1m 0.06% Reduced -1.3m -1,312,000
15 BANK OF NOVA SCOTIA 0.06% of their portfolio TORONTO, A6 11,483,00011.5m $28.3m $28.3m 0.06% New
16 MacKay Shields LLC 0.90% of their portfolio New York, NY 11,323,00011.3m $27.9m $27.9m 0.90% Reduced -11.0m -11,000,000
17 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 10,500,00010.5m $25.8m $25.8m 0.02% Unchanged
18 PIPER SANDLER & CO. 18.80% of their portfolio MINNEAPOLIS, MN 10,333,00010.3m $25.0m $25.0m 18.80% New
19 FMR LLC 0.00% of their portfolio BOSTON, MA 10,156,00010.2m $25.0m $25.0m 0.00% Reduced -989.0k -989,000
20 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 9,969,00010.0m $24.5m $24.5m 0.04% Reduced -19.2m -19,208,000
21 SSI INVESTMENT MANAGEMENT LLC 1.76% of their portfolio Los Angeles, CA 9,184,0009.2m $22.6m $22.6m 1.76% Reduced -3.6m -3,646,000
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,515,5006.5m $16.0m $16.0m 0.00% Added +6.5m +6,514,000
23 LORD, ABBETT & CO. LLC 0.05% of their portfolio JERSEY CITY, NJ 5,783,0005.8m $14.2m $14.2m 0.05% Reduced -3.1m -3,100,000
24 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 5,000,0005.0m $12.3m $12.3m 0.01% Added +500.0k +500,000
25 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,400,0004.4m $10.8m $10.8m 0.00% Reduced -13.2m -13,233,000
26 Amundi 0.00% of their portfolio Paris, I0 4,120,0004.1m $9.8m $9.8m 0.00% Unchanged
27 OFI INVEST ASSET MANAGEMENT 0.20% of their portfolio ISSY LES MOULINEAUX, I0 3,300,0003.3m $7.5m $7.5m 0.20% Unchanged
28 Union Bancaire Privee, UBP SA 0.12% of their portfolio GENEVA 1, V8 2,812,0002.8m $6.3m $6.3m 0.12% Added +135.0k +135,000
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,767,6002.8m $6.8m $6.8m 0.00% Reduced -2.3m -2,299,000
30 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 2,752,0002.8m $6.8m $6.8m 0.01% First filing
31 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,703,0002.7m $6.6m $6.6m 0.00% Added +2.7m +2,700,000
32 CONNING INC. 0.17% of their portfolio HARTFORD, CT 1,950,0001.9m $4.8m $4.8m 0.17% Unchanged
33 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 1,483,0001.5m $3.6m $3.6m 0.01% Reduced -425.0k -425,000
34 AEGON USA Investment Management, LLC 1.50% of their portfolio CEDAR RAPIDS, IA 766,000766.0k $1.9m $1.9m 1.50% Unchanged
35 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 750,000750.0k $1.8m $1.8m 0.01% Reduced -250.0k -250,000
36 PALISADE CAPITAL MANAGEMENT, LP 0.04% of their portfolio FORT LEE, NJ 631,000631.0k $1.6m $1.6m 0.04% Unchanged
37 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 500,000500.0k $1.2m $1.2m 0.00% Unchanged
38 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 469,000469.0k $1.2m $1.2m 0.00% Added +173.0k +173,000
39 Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio TRENTON, NJ 380,000380.0k $931.6k $931.6k 0.01% Unchanged
40 Calamos Wealth Management LLC 0.04% of their portfolio NAPERVILLE, IL 319,000319.0k $782.2k $782.2k 0.04% Reduced -10.0k -10,000
41 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 190,000190.0k $467.0k $467.0k 0.00% Unchanged
42 Central Pacific Bank - Trust Division 0.06% of their portfolio HONOLULU, HI 174,000174.0k $427.7k $427.7k 0.06% Reduced -77.0k -77,000
43 Fox Hill Wealth Management 0.18% of their portfolio DEDHAM, MA 127,000127.0k $310.1k $310.1k 0.18% Reduced -5.0k -5,000
44 SG Americas Securities, LLC 0.08% of their portfolio NEW YORK, NY 100,000100.0k $24.4m $24.4m 0.08% New
45 Black Creek Investment Management Inc. 0.01% of their portfolio TORONTO, A6 100,000100.0k $245.8k $245.8k 0.01% Unchanged
46 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 81,00081.0k $200.2k $200.2k 0.00% Reduced -4.0k -4,000
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 63,00063.0k $155.0k $155.0k 0.00% New
48 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 61,00061.0k $149.9k $149.9k 0.00% Added +28.0k +28,000
49 VIRTUS ADVISERS, LLC 0.07% of their portfolio HARTFORD, CT 42,00042.0k $103.2k $103.2k 0.07% New
50 NOMURA HOLDINGS INC 0.99% of their portfolio TOKYO, M0 40,42240.4k $186.2m $186.2m 0.99% Reduced -23.6k -23,562
51 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 33,00033.0k $81.1k $81.1k 0.00% Added +8.0k +8,000
52 Northside Capital Management, LLC 0.01% of their portfolio Hood River, OR 31,00031.0k $75.7k $75.7k 0.01% Unchanged
53 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 29,00029.0k $71.3k $71.3k 0.00% Added +3.0k +3,000
54 Colonial Trust Advisors 0.01% of their portfolio SPARTANBURG, SC 27,00027.0k $66.4k $66.4k 0.01% Unchanged
55 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 23,00023.0k $56.5k $56.5k 0.00% New
56 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 16,00016.0k $39.3k $39.3k 0.00% Unchanged
57 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 14,00014.0k $34.2k $34.2k 0.00% Unchanged
58 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 11,00011.0k $27.0k $27.0k 0.00% Unchanged
59 LIBERTY SQUARE WEALTH PARTNERS LLC 0.01% of their portfolio BETHLEHEM, PA 11,00011.0k $26.9k $26.9k 0.01% Unchanged
60 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,00010.0k $24.6k $24.6k 0.00% Reduced -2.7m -2,749,000
61 Sightline Wealth Advisors, LLC 0.01% of their portfolio GROTON, CT 10,00010.0k $24.5k $24.5k 0.01% Unchanged
62 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 7,0007.0k $17.0k $17.0k 0.00% Added +7.0k +6,992
63 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 2,6852.7k $12.4m $12.4m 0.02% Reduced -1.9k -1,947
64 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,0002.0k $491.6k $491.6k 0.00% Unchanged
65 LAFFER TENGLER INVESTMENTS, INC. 0.66% of their portfolio Scottsdale, AZ 1,2481.2k $3.1m $3.1m 0.66% Reduced -4 -4
66 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $2.5k $2.5k 0.00% Unchanged
67 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0001.0k $2.5k $2.5k 0.00% Unchanged
68 Alken Asset Management Ltd 2.47% of their portfolio LONDON, X0 625625 $1.5m $1.5m 2.47% Unchanged
69 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 4848 $221.1k $221.1k 0.00% New
70 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22 $4.9k $4.9k 0.00% Unchanged
71 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
72 Compagnie Lombard Odier SCmA 0.00% of their portfolio 1204 GENEVA, V8 00 $0 $0 0.00% Reduced -450.0k -450,000
73 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% New