Capital World Investors Discloses 1.7M Share Stake in Booking Holdings

TL;DR

**Big investor Capital World Investors just revealed a 1.7M share stake in Booking Holdings, signaling confidence.**

AI Summary

Capital World Investors, a major investment firm, reported on February 9, 2024, that they beneficially own 1,746,781 shares of Booking Holdings Inc. common stock as of December 29, 2023. This represents a significant stake, indicating a strong vote of confidence from a large institutional investor in Booking Holdings' future prospects. For current or prospective shareholders, this filing signals that a sophisticated entity sees value in the company, potentially bolstering investor sentiment.

Why It Matters

This filing shows a major institutional investor, Capital World Investors, holds a substantial position in Booking Holdings, which can be seen as a positive signal for the company's stock.

Risk Assessment

Risk Level: low — This filing indicates a large institutional investment, generally seen as a positive or neutral event, not increasing risk.

Analyst Insight

A smart investor would note this significant institutional investment as a potential positive indicator and consider further research into Booking Holdings' fundamentals and market position.

Key Numbers

• 1,746,781 — Shares Beneficially Owned (Represents Capital World Investors' significant stake in Booking Holdings Inc.)

Key Players & Entities

• Capital World Investors (company) — reporting person and institutional investor
• Booking Holdings Inc. (company) — subject company of the filing
• 1,746,781 (dollar_amount) — number of shares beneficially owned
• December 29, 2023 (dollar_amount) — date of event requiring the filing
• February 9, 2024 (dollar_amount) — filing date

Forward-Looking Statements

• Other institutional investors may view Capital World Investors' significant stake as a positive signal, potentially leading to increased interest or investment in Booking Holdings Inc. (Booking Holdings Inc.) — medium confidence, target: Next 3-6 months

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 16KB
• 0001422848-24-000218.txt ( ) — 18KB

From the Filing

SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * Booking Holdings Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 09857L108 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 09857L108 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 1,746,781 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,751,072 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,751,072 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Booking Holdings Inc. (b) Address of Issuer's Principal Executive Offices 800 Connecticut Avenue, Norwalk, CT 06854 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 09857L108 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 1,751,072 ** (b) Percent of Class: 5.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 1,746,781 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 1,751,072 (iv) shared power to dispose or to direct the disposition of 0 **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 1,751,072 shares or 5.0% of the 34,889,873 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the c

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