Certares Management LLC
Portfolio value QoQ: +24.6% 13F does not disclose cash
Top 10 holdings weight100.00%
Top 25 holdings weight100.00%
Positions above 1%1
Effective number of positions1.0
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q3 2025: 0.0% Est. buys $0 · sells $0
New positions0
Increased0
Decreased0
Closed0
Portfolio value
$77.3M
Positions
1
As of
Sept. 30, 2025 Data as of Q3 2025
Performance vs S&P 500
Tracked Q1 2025–Q3 2025
+14.7%
S&P 500 total return (same window)
+21.3%
Excess return
-6.5%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Sector breakdown
Full portfolio 1 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TRIP | $77,264,561 | 100.00% | 4,751,818 | $15,253,336 | |||
| No matches | |||||||
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| TRIP | Price move only | +0 | +$15.3M |