Vault-13

EXPEDIA GROUP INC EXPE 0 02.15.26

NOTE 2/1 · US DOMESTIC · CUSIP 30212PBE4

71 institutional holders -1 vs Q3 2025
18,959,00019.0m shares reported held*
$1.5bnreported value*
15 new 12 added 20 reduced 17 sold out net bought ≈ $40.8m (-12.7m 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 ($2.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $79.35.

Trends to Q4 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: 72Q4 25: 7171Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 202571

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 24: 30 bought or addedQ1 24: 35 cut or sold outQ2 24: 26 bought or addedQ2 24: 35 cut or sold outQ2 24Q3 24: 27 bought or addedQ3 24: 33 cut or sold outQ4 24: 39 bought or addedQ4 24: 32 cut or sold outQ4 24Q1 25: 41 bought or addedQ1 25: 31 cut or sold outQ2 25: 31 bought or addedQ2 25: 31 cut or sold outQ2 25Q3 25: 28 bought or addedQ3 25: 40 cut or sold outQ4 25: 27 bought or addedQ4 25: 37 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243035
Q2 20242635
Q3 20242733
Q4 20243932
Q1 20254131
Q2 20253131
Q3 20252840
Q4 20252737

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +71,895,000+71.9m
Shaolin Capital Management LLC New +60,000,000+60.0m
TWO SIGMA INVESTMENTS, LP New +43,449,000+43.4m
BANK OF NOVA SCOTIA New +15,000,000+15.0m
GOLDMAN SACHS GROUP INC New +10,731,000+10.7m
Lombard Odier Asset Management (Europe) Ltd New +10,650,000+10.7m
Elequin Capital, LP New +10,415,000+10.4m
ZAZOVE ASSOCIATES LLC Added +7,400,000+7.4m
BlackRock, Inc. Added +4,500,000+4.5m
Amundi New +4,100,000+4.1m

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Reduced -43,637,000-43.6m
LAZARD ASSET MANAGEMENT LLC Reduced -31,100,000-31.1m
Walleye Capital LLC Sold out -25,000,000-25.0m
VICTORY CAPITAL MANAGEMENT INC Reduced -16,952,000-17.0m
PIER 88 INVESTMENT PARTNERS LLC Reduced -16,390,000-16.4m
Jump Financial, LLC Sold out -15,000,000-15.0m
Nuveen, LLC Sold out -14,000,000-14.0m
Polar Capital Holdings Plc Sold out -12,500,000-12.5m
Ghisallo Capital Management LLC Sold out -11,000,000-11.0m
TORONTO DOMINION BANK Reduced -9,571,000-9.6m

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.42% of their portfolio ATLANTA, GA 380,885,000380.9m $425.8m $425.8m 0.42% Added +71.9m +71,895,000
2 CAMDEN ASSET MANAGEMENT L P /CA 2.48% of their portfolio Los Angeles, CA 87,966,00088.0m $98.1m $98.1m 2.48% Reduced -5.0m -5,000,000
3 Shaolin Capital Management LLC 2.54% of their portfolio Miami, FL 60,000,00060.0m $67.0m $67.0m 2.54% New
4 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 58,607,00058.6m $65.5m $65.5m 0.04% Reduced -17.0m -16,952,000
5 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 43,449,00043.4m $48.5m $48.5m 0.07% New
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.63% of their portfolio NEW YORK, NY 40,000,00040.0m $44.9m $44.9m 0.63% Reduced -5.0m -5,000,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 0.60% of their portfolio NEW YORK, NY 23,068,00023.1m $25.8m $25.8m 0.60% Reduced -43.6m -43,637,000
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 21,498,00021.5m $24.1m $24.1m 0.00% Added +1.6m +1,550,000
9 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 19,250,00019.2m $21.6m $21.6m 0.02% Reduced -1.2m -1,250,000
10 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 15,000,00015.0m $16.9m $16.9m 0.03% New
11 TORONTO DOMINION BANK 0.03% of their portfolio TORONTO, ONTARIO, A6 14,000,00014.0m $15.7m $15.7m 0.03% Reduced -9.6m -9,571,000
12 FMR LLC 0.00% of their portfolio BOSTON, MA 13,824,00013.8m $15.4m $15.4m 0.00% Reduced -500.0k -500,000
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 12,620,00012.6m $14.1m $14.1m 0.00% Added +4.5m +4,500,000
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 11,467,80011.5m $12.8m $12.8m 0.00% Reduced -811.0k -811,000
15 SSI INVESTMENT MANAGEMENT LLC 0.82% of their portfolio Los Angeles, CA 10,783,00010.8m $12.0m $12.0m 0.82% Added +3.8m +3,795,000
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,731,00010.7m $12.0m $12.0m 0.00% New
17 Lombard Odier Asset Management (Europe) Ltd 0.61% of their portfolio LONDON, X0 10,650,00010.7m $11.9m $11.9m 0.61% New
18 Elequin Capital, LP 1.52% of their portfolio NEW YORK, NY 10,415,00010.4m $11.6m $11.6m 1.52% New
19 RWC Asset Management LLP 0.50% of their portfolio LONDON, X0 9,117,0009.1m $10.2m $10.2m 0.50% Reduced -3.5m -3,538,000
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,766,0008.8m $9.8m $9.8m 0.00% Added +1.1m +1,074,000
21 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 8,760,0008.8m $9.8m $9.8m 0.02% Reduced -570.0k -570,000
22 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 8,555,0008.6m $95.6k $95.6k 0.00% Reduced -31.1m -31,100,000
23 ZAZOVE ASSOCIATES LLC 0.80% of their portfolio INCLINE VILLAGE, NV 8,297,0008.3m $9.3m $9.3m 0.80% Added +7.4m +7,400,000
24 INCOME RESEARCH & MANAGEMENT 4.40% of their portfolio Boston, MA 7,512,0007.5m $8.4m $8.4m 4.40% Reduced -1.8m -1,825,000
25 CONNING INC. 0.23% of their portfolio HARTFORD, CT 6,235,0006.2m $7.0m $7.0m 0.23% Unchanged
26 MacKay Shields LLC 0.24% of their portfolio New York, NY 6,133,0006.1m $6.9m $6.9m 0.24% Reduced -50.0k -50,000
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,444,0005.4m $6.1m $6.1m 0.00% Added +3.3m +3,260,000
28 Amundi 0.12% of their portfolio Paris, I0 4,100,0004.1m $457.4m $457.4m 0.12% New
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,939,0003.9m $4.4m $4.4m 0.00% Added +3.2m +3,239,000
30 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.01% of their portfolio PHILADELPHIA, PA 3,020,0003.0m $3.4m $3.4m 0.01% First filing
31 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 3,000,0003.0m $3.4m $3.4m 0.00% Unchanged
32 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 2,893,0002.9m $3.2m $3.2m 0.00% New
33 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 2,387,0002.4m $2.7m $2.7m 0.00% Reduced -940.0k -940,000
34 OFI INVEST ASSET MANAGEMENT 0.03% of their portfolio ISSY LES MOULINEAUX, I0 1,900,0001.9m $1.8m $1.8m 0.03% Unchanged
35 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,850,0001.9m $2.1m $2.1m 0.00% Added +450.0k +450,000
36 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,646,0001.6m $1.8m $1.8m 0.00% Reduced -5.9m -5,864,000
37 Polar Capital Holdings Plc 0.01% of their portfolio London, X0 1,500,0001.5m $1.7m $1.7m 0.01% New
38 Man Group plc 0.00% of their portfolio LONDON, X0 1,450,0001.4m $1.6m $1.6m 0.00% Reduced -250.0k -250,000
39 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 1,133,0001.1m $1.3m $1.3m 0.01% Added +129.0k +129,000
40 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,050,0001.1m $1.2m $1.2m 0.01% Unchanged
41 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 1,000,0001.0m $1.1m $1.1m 0.00% Reduced -600.0k -600,000
42 AEGON USA Investment Management, LLC 0.70% of their portfolio CEDAR RAPIDS, IA 882,000882.0k $983.9k $983.9k 0.70% Unchanged
43 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 800,000800.0k $896.3k $896.3k 0.00% New
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 570,000570.0k $638.8k $638.8k 0.00% New
45 DNCA FINANCE 0.04% of their portfolio PARIS, I0 550,000550.0k $616.3k $616.3k 0.04% Unchanged
46 PIER 88 INVESTMENT PARTNERS LLC 0.12% of their portfolio SAN FRANCISCO, CA 470,000470.0k $525.5k $525.5k 0.12% Reduced -16.4m -16,390,000
47 Vestcor Inc 0.01% of their portfolio FREDERICTON, A3 250,000250.0k $280.0k $280.0k 0.01% Unchanged
48 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 250,000250.0k $278.9k $278.9k 0.03% New
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 208,000208.0k $232.0k $232.0k 0.00% Reduced -1.2m -1,184,000
50 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 84,00084.0k $94.5k $94.5k 0.00% New
51 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 72,00072.0k $80.3k $80.3k 0.00% Added +5.0k +5,000
52 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 67,00067.0k $74.7k $74.7k 0.00% Unchanged
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 61,00061.0k $68.0k $68.0k 0.00% Unchanged
54 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 59,00059.0k $65.8k $65.8k 0.00% New
55 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 53,00053.0k $58.8k $58.8k 0.00% Unchanged
56 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 46,00046.0k $51.3k $51.3k 0.00% Reduced -6.0k -6,000
57 UBS Group AG 0.00% of their portfolio ZURICH, V8 34,00034.0k $37.9k $37.9k 0.00% Added +31.0k +31,000
58 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 30,00030.0k $33.5k $33.5k 0.00% Unchanged
59 Northside Capital Management, LLC 0.00% of their portfolio Hood River, OR 30,00030.0k $33.8k $33.8k 0.00% Unchanged
60 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 23,00023.0k $25.9k $25.9k 0.01% Unchanged
61 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 21,00021.0k $23.6k $23.6k 0.00% Unchanged
62 Ascentis Independent Advisors 0.00% of their portfolio DALLAS, TX 16,00016.0k $17.8k $17.8k 0.00% Unchanged
63 Roundview Capital LLC 0.00% of their portfolio PRINCETON, NJ 13,00013.0k $14.6k $14.6k 0.00% Unchanged
64 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 12,00012.0k $13.4k $13.4k 0.00% New
65 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 12,00012.0k $13.4k $13.4k 0.00% Unchanged
66 Prosperity Bancshares Inc 0.01% of their portfolio Houston, TX 11,00011.0k $12.3k $12.3k 0.01% First filing
67 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 8,0008.0k $9.0k $9.0k 0.00% Unchanged
68 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 7,0007.0k $7.8k $7.8k 0.00% Unchanged
69 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 6,0006.0k $669.3k $669.3k 0.00% Unchanged
70 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 3,0003.0k $3.3k $3.3k 0.00% Unchanged
71 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 44 $4.5k $4.5k 0.00% Unchanged