American Century Companies Inc. has substantially increased its investment in Booking Holdings Inc., boosting its holdings by 185.1% during the second quarter, according to a recent Form 13F filing with the SEC. The firm acquired an additional 50,592 shares, bringing its total to 77,926 shares, which represents a 0.24% stake in the company valued at approximately $451.1 million at the end of the reporting period. This significant purchase by American Century was highlighted in a day of reports on institutional ownership changes. Other firms, such as Evelyn Partners Investment Management LLP and Journey Strategic Wealth LLC, also increased their positions, while CenterBook Partners LP slightly trimmed its holdings. These filings provide a retrospective look at how large investors were positioning themselves in the travel-services provider earlier in the year. There was no specific market reaction analysis available in the reports concerning these particular institutional holding changes. The news comes after Booking Holdings' last quarterly earnings report on October 28th, where the company surpassed analysts' expectations for earnings and revenue.
American Century Companies Inc. Significantly Increases Stake in Booking Holdings
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