Billionaire George Soros Is Buying These 5 Stocks

2. Booking Holdings Inc. (NASDAQ:BKNG)

Number of Hedge Fund Holders: 100

Percentage Increase in Stake During Q3: 145%

Booking Holdings Inc. (NASDAQ:BKNG) provides online travel and restaurant reservation services. The company recently posted earnings for the third quarter, reporting earnings per share of $37.70, beating estimates by $4.67. The revenue over the period was $4.6 billion, up 77% year-on-year. 

Soros Fund Management owned 4,404 shares in Booking Holdings Inc. (NASDAQ:BKNG) at the end of September 2021 worth $10.45 million, representing 0.19% of the portfolio. 

At the end of the second quarter of 2021, 100 hedge funds in the database of Insider Monkey held stakes worth $6.9 billion in Booking Holdings Inc. (NASDAQ:BKNG), down from 103 in the previous quarter worth $6.8 billion.

In its Q2 2021 investor letter, Nelson Capital Management, an asset management firm, highlighted a few stocks and Booking Holdings Inc. (NASDAQ:BKNG) was one of them. Here is what the fund said: 

“In the consumer discretionary sector, we trimmed pandemic winners in favor of companies we believe will outperform in a recovery period. Pent-up travel demand is another investment theme we believe will flourish, prompting us to buy a position in Booking Holdings (tkr: BKNG, see Featured Equity).”