CHANGE TO CORE US POSITION: ADDED TO BKNG-US AT $1763.00

FEBRUARY 28, 2019 CHANGE TO TOP 20 POSITION: ADDED TO BKNG-US AT $1763.00 POSITION SIZE: 2.25% (Previously Regular Weight at 1.50%) JUSTIFICATION: Bookings announced higher than expected adjusted earnings, but missed on expected revenue. Following this news, the consensus analyst target is $2168. We are increasing our position from regular weight to overweight. The Purple Chips 12 – 18 month target is $2150.00 WHO IS BOOKINGS: Booking Holdings Inc., formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands. Its other brands include KAYAK, Rentalcars.com and OpenTable, Inc. (OpenTable).