Nicolai Tangen's AKO Capital exited Booking Holdings Inc (BKNG) during 2026 Q2, according to the 13F-HR filed with the SEC on August 12, 2026, selling all 1.25M shares. The position had been worth about $210.2M at the prior quarter-end and carried 4.11% of the book. BKNG had been in the portfolio for about 6 years, since the quarter ended March 31, 2020.
What did the 2026 Q2 filing report for BKNG?
As of June 30, 2026, from the 13F-HR filed August 12, 2026.
| Before | After | |
|---|---|---|
| Shares | 1.25M | 0 |
| Reported value | $210.2M | $0 |
| Portfolio weight | 4.11% | 0% |
| Held since | 2020 Q1 | sold out in 2026 Q2 |
| Quarters held | 25 |
What did Nicolai Tangen sell?
Nicolai Tangen sold 1.25M shares of BKNG between the quarter ended March 31, 2026 and June 30, 2026. The BKNG exit was the 3rd largest of the quarter's 27 position changes by percent change to portfolio.
Where does BKNG sit in the Nicolai Tangen portfolio?
Before the sale, BKNG carried 4.11% of the Nicolai Tangen portfolio, about the fund's average stock position of 5%. The largest stock position is ALC at 15.19%. Next come SUNB at 10.59% and V at 7.87%. The three largest stocks together are 33.65% of the book. Across the 2026 Q2 portfolio, Nicolai Tangen reported 22 stock positions, with none opened and 5 closed. The total portfolio value is about $4.3B, down 16% from the prior quarter.
How long has Nicolai Tangen held BKNG?
Nicolai Tangen held BKNG for about 6 years, from the quarter ended March 31, 2020 to March 31, 2026. The weight peaked at 13.94% in 2023 Q1. Last quarter the fund had added to the position by 17%. Every reported trade is on the Nicolai Tangen BKNG trade history page.
Did other funds buy or sell BKNG in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 12, 2026, 5 still hold BKNG. One other tracked fund sold out of it this quarter as well. The largest buyers of BKNG this quarter were Dodge & Cox Stock Fund and Pat Dorsey. The largest sellers were Francois Rochon, Lewis Sanders and David Rolfe. Every tracked holder of BKNG is on the BKNG ownership page.
FAQ
How many BKNG shares did Nicolai Tangen sell?
Nicolai Tangen sold all 1.25M shares of BKNG it reported a quarter earlier, worth about $210.2M.
When did Nicolai Tangen first buy BKNG?
Nicolai Tangen first reported BKNG in the quarter ended March 31, 2020.
How much of the Nicolai Tangen portfolio was BKNG?
BKNG was 4.11% of the Nicolai Tangen portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell BKNG in 2026 Q2?
One other tracked fund sold out of BKNG in 2026 Q2 and 3 trimmed it; 5 still hold it.