Vault-13

EXPEDIA GROUP INC EXPE 0 02.15.26

NOTE 2/1 · US DOMESTIC · CUSIP 30212PBE4

72 institutional holders -7 vs Q2 2025
31,602,00031.6m shares reported held*
$905.6mreported value*
12 new 16 added 22 reduced 18 sold out net sold ≈ $21.1m (+4.0m 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 ($3.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.76.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 54Q4 22: 52Q1 23: 56Q2 23: 65Q3 23: 73Q4 23: 71Q1 24: 67Q2 24: 69Q3 24: 68Q4 24: 79Q1 25: 78Q2 25: 79Q3 25: 7272Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202254
Q4 202252
Q1 202356
Q2 202365
Q3 202373
Q4 202371
Q1 202467
Q2 202469
Q3 202468
Q4 202479
Q1 202578
Q2 202579
Q3 202572

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 23: 25 bought or addedQ4 23: 38 cut or sold outQ1 24: 30 bought or addedQ1 24: 35 cut or sold outQ1 24Q2 24: 26 bought or addedQ2 24: 35 cut or sold outQ3 24: 27 bought or addedQ3 24: 33 cut or sold outQ3 24Q4 24: 39 bought or addedQ4 24: 32 cut or sold outQ1 25: 41 bought or addedQ1 25: 31 cut or sold outQ1 25Q2 25: 31 bought or addedQ2 25: 31 cut or sold outQ3 25: 28 bought or addedQ3 25: 40 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232538
Q1 20243035
Q2 20242635
Q3 20242733
Q4 20243932
Q1 20254131
Q2 20253131
Q3 20252840

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +60,000,000+60.0m
Jump Financial, LLC New +15,000,000+15.0m
Walleye Capital LLC Added +15,000,000+15.0m
Nuveen, LLC New +14,000,000+14.0m
TORONTO DOMINION BANK Added +12,860,000+12.9m
Polar Capital Holdings Plc New +12,500,000+12.5m
Ghisallo Capital Management LLC New +11,000,000+11.0m
ADVENT CAPITAL MANAGEMENT /DE/ Added +6,574,000+6.6m
AQR Arbitrage LLC New +4,548,000+4.5m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. New +3,000,000+3.0m

Biggest sellers

JANE STREET GROUP, LLC Sold out -16,312,000-16.3m
WELLS FARGO & COMPANY/MN Reduced -16,144,000-16.1m
BNP PARIBAS FINANCIAL MARKETS Reduced -15,656,000-15.7m
KIM, LLC Sold out -15,000,000-15.0m
ROYAL BANK OF CANADA Reduced -14,468,000-14.5m
VICTORY CAPITAL MANAGEMENT INC Reduced -13,291,000-13.3m
BANK OF AMERICA CORP /DE/ Reduced -12,866,500-12.9m
Wellesley Asset Management Sold out -12,410,000-12.4m
JPMORGAN CHASE & CO Reduced -10,616,000-10.6m
GOLDMAN SACHS GROUP INC Sold out -6,320,000-6.3m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.31% of their portfolio ATLANTA, GA 308,990,000309.0m $311.9m $311.9m 0.31% Added +60.0m +60,000,000
2 CAMDEN ASSET MANAGEMENT L P /CA 2.06% of their portfolio Los Angeles, CA 92,966,00093.0m $93.6m $93.6m 2.06% Added +1.0m +1,020,000
3 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 75,559,00075.6m $76.2m $76.2m 0.04% Reduced -13.3m -13,291,000
4 ADVENT CAPITAL MANAGEMENT /DE/ 1.51% of their portfolio NEW YORK, NY 66,705,00066.7m $67.3m $67.3m 1.51% Added +6.6m +6,574,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.60% of their portfolio NEW YORK, NY 45,000,00045.0m $45.5m $45.5m 0.60% Reduced -5.0m -5,000,000
6 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 39,655,00039.7m $400.3k $400.3k 0.00% Reduced -1.3m -1,339,000
7 Walleye Capital LLC 0.20% of their portfolio NEW YORK, NY 25,000,00025.0m $25.2m $25.2m 0.20% Added +15.0m +15,000,000
8 TORONTO DOMINION BANK 0.05% of their portfolio TORONTO, ONTARIO, A6 23,571,00023.6m $23.9m $23.9m 0.05% Added +12.9m +12,860,000
9 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 20,500,00020.5m $20.7m $20.7m 0.02% Added +250.0k +250,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,948,00019.9m $20.1m $20.1m 0.00% Added +900.0k +900,000
11 PIER 88 INVESTMENT PARTNERS LLC 3.18% of their portfolio SAN FRANCISCO, CA 16,860,00016.9m $17.0m $17.0m 3.18% Unchanged
12 Jump Financial, LLC 0.19% of their portfolio Chicago, IL 15,000,00015.0m $15.1m $15.1m 0.19% New
13 FMR LLC 0.00% of their portfolio BOSTON, MA 14,324,00014.3m $14.4m $14.4m 0.00% Added +2.1m +2,135,000
14 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 14,000,00014.0m $14.1m $14.1m 0.00% New
15 RWC Asset Management LLP 0.62% of their portfolio LONDON, X0 12,655,00012.7m $12.8m $12.8m 0.62% Added +155.0k +155,000
16 Polar Capital Holdings Plc 0.06% of their portfolio London, X0 12,500,00012.5m $12.6m $12.6m 0.06% New
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,278,80012.3m $12.4m $12.4m 0.00% Reduced -12.9m -12,866,500
18 Ghisallo Capital Management LLC 0.36% of their portfolio BOSTON, MA 11,000,00011.0m $11.1m $11.1m 0.36% New
19 INCOME RESEARCH & MANAGEMENT 4.60% of their portfolio Boston, MA 9,337,0009.3m $9.4m $9.4m 4.60% Reduced -4.7m -4,700,000
20 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 9,330,0009.3m $9.4m $9.4m 0.02% Unchanged
21 BlackRock, Inc. 0.00% of their portfolio New York, NY 8,120,0008.1m $8.2m $8.2m 0.00% Reduced -1.6m -1,600,000
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,692,0007.7m $7.8m $7.8m 0.00% Reduced -14.5m -14,468,000
23 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 7,520,0007.5m $7.6m $7.6m 0.01% Reduced -300.0k -300,000
24 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 7,510,0007.5m $7.6m $7.6m 0.01% Reduced -15.7m -15,656,000
25 SSI INVESTMENT MANAGEMENT LLC 0.48% of their portfolio Los Angeles, CA 6,988,0007.0m $7.0m $7.0m 0.48% Reduced -1.3m -1,340,000
26 CONNING INC. 0.21% of their portfolio HARTFORD, CT 6,235,0006.2m $6.3m $6.3m 0.21% Reduced -200.0k -200,000
27 MacKay Shields LLC 0.21% of their portfolio New York, NY 6,183,0006.2m $6.2m $6.2m 0.21% Added +6.0k +6,000
28 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 5,000,0005.0m $5.0m $5.0m 0.00% Reduced -5.0m -5,000,000
29 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 4,640,0004.6m $4.7m $4.7m 0.01% Reduced -622.0k -622,000
30 AQR Arbitrage LLC 0.12% of their portfolio Greenwich, CT 4,548,0004.5m $4.6m $4.6m 0.12% New
31 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 3,327,0003.3m $3.4m $3.4m 0.00% Unchanged
32 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,000,0003.0m $3.0m $3.0m 0.01% New
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,858,0002.9m $2.9m $2.9m 0.00% Reduced -10.6m -10,616,000
34 Warberg Asset Management LLC 0.79% of their portfolio WINNETKA, IL 2,782,0002.8m $2.8m $2.8m 0.79% Added +282.0k +282,000
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,184,0002.2m $2.2m $2.2m 0.00% Reduced -490.0k -490,000
36 SHENKMAN CAPITAL MANAGEMENT INC 0.19% of their portfolio NEW YORK, NY 1,928,0001.9m $1.9m $1.9m 0.19% Unchanged
37 OFI INVEST ASSET MANAGEMENT 0.03% of their portfolio ISSY LES MOULINEAUX, I0 1,900,0001.9m $1.6m $1.6m 0.03% Reduced -2.7m -2,700,000
38 Man Group plc 0.00% of their portfolio LONDON, X0 1,700,0001.7m $1.7m $1.7m 0.00% Added +500.0k +500,000
39 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 1,600,0001.6m $1.6m $1.6m 0.00% Unchanged
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,400,0001.4m $1.4m $1.4m 0.00% Unchanged
41 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,392,0001.4m $1.4m $1.4m 0.00% Reduced -500.0k -500,000
42 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 1,050,0001.1m $1.1m $1.1m 0.00% New
43 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 1,004,0001.0m $1.0m $1.0m 0.00% Reduced -365.0k -365,000
44 ZAZOVE ASSOCIATES LLC 0.08% of their portfolio INCLINE VILLAGE, NV 897,000897.0k $906.0k $906.0k 0.08% Reduced -5.4m -5,395,000
45 AEGON USA Investment Management, LLC 0.60% of their portfolio CEDAR RAPIDS, IA 882,000882.0k $888.2k $888.2k 0.60% Unchanged
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 700,000700.0k $707.5k $707.5k 0.00% Reduced -16.1m -16,144,000
47 DNCA FINANCE 0.04% of their portfolio PARIS, I0 550,000550.0k $555.9k $555.9k 0.04% Unchanged
48 Vestcor Inc 0.01% of their portfolio FREDERICTON, A3 250,000250.0k $254.0k $254.0k 0.01% Unchanged
49 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 217,000217.0k $219.4k $219.4k 0.00% New
50 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 97,00097.0k $97.8k $97.8k 0.00% Added +66.0k +66,000
51 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 67,00067.0k $67.5k $67.5k 0.00% Added +6.0k +6,000
52 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 67,00067.0k $67.5k $67.5k 0.00% Reduced -18.0k -18,000
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 61,00061.0k $61.4k $61.4k 0.00% Unchanged
54 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 53,00053.0k $53.4k $53.4k 0.00% Unchanged
55 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 52,00052.0k $52.4k $52.4k 0.00% Added +8.0k +8,000
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 30,00030.0k $30.2k $30.2k 0.00% Added +1.0k +1,000
57 Northside Capital Management, LLC 0.00% of their portfolio Hood River, OR 30,00030.0k $30.2k $30.2k 0.00% Unchanged
58 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 23,00023.0k $23.2k $23.2k 0.01% Unchanged
59 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 21,00021.0k $21.2k $21.2k 0.00% New
60 Ascentis Independent Advisors 0.00% of their portfolio DALLAS, TX 16,00016.0k $16.1k $16.1k 0.00% Unchanged
61 Roundview Capital LLC 0.00% of their portfolio PRINCETON, NJ 13,00013.0k $13.1k $13.1k 0.00% Unchanged
62 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 13,00013.0k $13.1k $13.1k 0.00% New
63 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 12,00012.0k $12.1k $12.1k 0.00% Unchanged
64 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 12,00012.0k $12.1k $12.1k 0.00% Unchanged
65 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,00010.0k $10.1k $10.1k 0.00% New
66 Sightline Wealth Advisors, LLC 0.00% of their portfolio GROTON, CT 10,00010.0k $10.1k $10.1k 0.00% Unchanged
67 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 8,0008.0k $8.1k $8.1k 0.00% Unchanged
68 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 7,0007.0k $7.1k $7.1k 0.00% Unchanged
69 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 6,0006.0k $604.2k $604.2k 0.00% Unchanged
70 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 3,0003.0k $3.0k $3.0k 0.00% Unchanged
71 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,0003.0k $3.0k $3.0k 0.00% Reduced -1.6m -1,649,000
72 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 44 $4.1k $4.1k 0.00% New