BlackRock Amends Booking Holdings Stake, Remains Passive Investor

TL;DR

**BlackRock still owns Booking Holdings stock, but they're not trying to run the show.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, disclosing its ownership of Booking Holdings Inc. common stock as of December 31, 2023. This filing, Amendment No. 10, indicates BlackRock's continued passive investment in Booking Holdings. This matters to investors because BlackRock is a major institutional investor, and its sustained, albeit passive, stake suggests a long-term confidence in Booking Holdings' business without seeking to influence management.

Why It Matters

This filing confirms BlackRock's ongoing, significant, yet passive, investment in Booking Holdings, signaling its belief in the company's long-term value without seeking control.

Risk Assessment

Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or change in company operations.

Analyst Insight

Investors should note that BlackRock's continued passive stake in Booking Holdings suggests a stable, long-term institutional interest, but this filing alone doesn't signal any new catalysts or changes in company direction.

Key Players & Entities

• BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
• Booking Holdings Inc. (company) — the subject company whose stock is being reported
• December 31, 2023 (date) — the date of the event requiring this filing
• January 26, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001086364-24-004578.txt : 20240126 0001086364-24-004578.hdr.sgml : 20240126 20240126162345 ACCESSION NUMBER: 0001086364-24-004578 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Booking Holdings Inc. CENTRAL INDEX KEY: 0001075531 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 061528493 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-56083 FILM NUMBER: 24568163 BUSINESS ADDRESS: STREET 1: 800 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 203-299-8000 MAIL ADDRESS: STREET 1: 800 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 FORMER COMPANY: FORMER CONFORMED NAME: Priceline Group Inc. DATE OF NAME CHANGE: 20140328 FORMER COMPANY: FORMER CONFORMED NAME: PRICELINE COM INC DATE OF NAME CHANGE: 19981221 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us09857l1089_012624.txt us09857l1089_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 10) BOOKING HOLDINGS INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 09857L108 -------------------------------------------------------- (CUSIP Number) December 31, 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 ("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. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (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 2288672 (6) Shared voting power 0 (7) Sole dispositive power 2573532 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 2573532 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.4% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- BOOKING HOLDINGS INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 800 CONNECTICUT AVE NORWALK CT 06854 Item 2. 2(a) Name of person filing: -------------