ATLAS News · Markets

Formidable Asset Management Raises Booking Holdings Stake in Q3, MarketBeat Reports

Published November 8, 2026 · 2 sources

MarketBeat reports Formidable Asset Management lifted its Booking Holdings (BKNG) position by 2,432.7% in the third quarter, per its 13F filing with the SEC.

What happened

MarketBeat reports that Formidable Asset Management LLC increased its holding in Booking Holdings Inc. (NASDAQ: BKNG) during the third quarter. The report cites the firm's most recent 13F filing with the SEC.

According to MarketBeat, the position grew by 2,432.7% in the quarter. The firm owned 8,510 shares of the business services provider, and the report's headline refers to 8,174 shares acquired.

Separately, Outlook Business reports that Indian benchmark indices closed lower in the special Muhurat trading session for the first time in nine years. The outlet says analysts pointed to overbought conditions, and that investors are watching crude prices and foreign institutional activity. That report does not mention Booking Holdings.

Context

Form 13F filings are quarterly disclosures that institutional investment managers submit to the SEC to show the equity positions they hold.

Why it matters

Institutional filings like this give a view of how professional investors have positioned in a company, though they reflect past holdings rather than future moves.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

BookingBKNG

−4.77%

Consumer Cyclical · NASDAQ

Live price

$160.67

live price · USD

Latest close before this story: $160.67−4.77% vs. previous close ($168.72) · November 6
Fair value (ATLAS): $250.56Fair range: $176.00 to $356.72The price ($160.67) is 35.9% below that figure.
Chance of a rise in 1 month: 49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $147.84 and $173.51; 9 in 10, between $128.27 and $199.98.

See the full ATLAS analysis of Booking →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Market indices

Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.

S&P 500 (SPY): 735.29 (+0.31%) · November 6

Nasdaq-100 (QQQ): 656.10 (+1.40%) · November 6

Dow Jones (DIA): 512.22 (−0.40%) · November 6

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

8,174 Booking Holdings Inc. $BKNG Shares Acquired by Formidable Asset Management LLC · MarketBeat · November 8, 2026
Profit-Booking Drags Indices Down in First Red Muhurat Trading Session in 9 Years · Outlook Business · November 8, 2026

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