Y-Intercept (Hong Kong) 13F: New $16M Stake in Expedia (EXPE)

Y-Intercept (Hong Kong) has opened a new position in Expedia Group, Inc. (EXPE) by acquiring 62,144 shares valued at about $16.37 million in a filing on October 16, 2026.

This new stake reflects Y-Intercept's entry into the travel services sector, as Expedia operates as an online travel company offering various travel products. The recent share count represents a significant step for the fund in the consumer cyclical sector, which also includes other major players in travel and leisure.

Other Institutional Activity in Expedia Group

Other significant institutional activity includes Blackrock Inc., which reduced its stake by 223,614 shares, bringing its total to 10,274,676 shares worth about $2.97 billion. Vanguard Capital Management LLC also trimmed its holdings by 123,134 shares, ending with 7,477,741 shares valued at roughly $2.16 billion. Additionally, Vanguard Portfolio Management LLC decreased its shares by 104,679, now holding 5,809,377 shares worth about $1.68 billion. Conversely, State Street Corporation increased its stake by 79,973 shares, totaling 5,672,465 shares valued at around $1.64 billion.

Expedia Group, Inc. Stock Up 4.6%

As of October 16, 2026, Expedia shares traded around $287.19, which is below its 50-day moving average of approximately $293.54 and down about 16% from its 52-week high of $342. This position may indicate potential buying opportunities if the stock gains momentum.

Recent Earnings

In the trailing twelve months, Expedia Group reported revenue of approximately $15.7 billion and an EPS of $16.01, reflecting strong performance in the travel sector. The next earnings release is expected on November 4, 2026.

Insider Buying and Selling at Expedia Group, Inc.

Insider trading activities include several sales in August 2026. Director Craig A. Jacobson sold 3,133 shares at an average price of $328.52, totaling approximately $1.03 million on August 13. Officer Robert J. Dzielak sold 2,000 shares at $330.50 for about $661,000 on August 17, and another 1,004 shares at $335.00 for approximately $336,340 on August 24. Officer Lance A. Soliday sold 2,810 shares at $323.65, totaling around $909,456 on August 18.

Analysts Set New Price Targets

On October 6, 2026, BTIG maintained a "Buy" rating on Expedia Group with a price target of $400. Earlier in October, Wells Fargo also maintained an "Equal-Weight" rating but revised its target down to $275. The consensus among 35 analysts suggests a positive outlook with a mean target price of $336.14, indicating potential upside from current levels.

About Expedia Group

Expedia Group, Inc. operates as an online travel company, providing a range of travel-related products and services. With segments covering B2C and B2B operations, it includes brands like Brand Expedia, Hotels.com, and Vrbo. This new investment by Y-Intercept highlights continuing interest in the travel sector as it recovers.

Bottom Line

Y-Intercept's new position in Expedia Group, as reported in the filing on October 16, presents a fresh investment in a company with strong earnings potential. As markets evolve, it will be important to watch Expedia's next earnings release on November 4, along with future 13F filings that may indicate further institutional activity. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.