1,197 hedge funds and large institutions have $41.4B invested in Airbnb in 2025 Q3 according to their latest regulatory filings, with 145 funds opening new positions, 464 increasing their positions, 416 reducing their positions, and 157 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

less first-time investments, than exits

New positions opened: | Existing positions closed:

less funds holding

Funds holding:

7% less capital invested

Capital invested by funds: $44.5B → $41.4B (-$3.08B)

16% less funds holding in top 10

Funds holding in top 10: 3126 (-5)

18% less call options, than puts

Call options by funds: $1.42B | Put options by funds: $1.74B

Holders
1,197
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
26
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$1.42B
Puts
$1.74B
Net Calls
Net Calls Change

Top Buyers

1 +$539M
2 +$383M
3 +$359M
4
UBS AM
UBS AM
Illinois
+$352M
5
BlackRock
BlackRock
New York
+$325M

Top Sellers

1 -$506M
2 -$504M
3 -$437M
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$286M
5
Goldman Sachs
Goldman Sachs
New York
-$263M
Name Holding Trade Value Shares
Change
Change in
Stake
FAF
251
Fjarde Ap-fonden
Sweden
$9.49M
Wealth Enhancement Advisory Services
252
Wealth Enhancement Advisory Services
Minnesota
$9.46M
SG Americas Securities
253
SG Americas Securities
New York
$9.46M
CBU
254
CIBC Bancorp USA
Illinois
$9.11M
OQS
255
Occudo Quantitative Strategies
Florida
$9.1M
WIA
256
World Investment Advisors
California
$9.08M
CIBC World Market
257
CIBC World Market
Ontario, Canada
$8.86M
Rockefeller Capital Management
258
Rockefeller Capital Management
New York
$8.81M
IMPI
259
Ilmarinen Mutual Pension Insurance
Finland
$8.74M
HighTower Advisors
260
HighTower Advisors
Illinois
$8.7M
MIM
261
Morningstar Investment Management
Illinois
$8.64M
UIM
262
USS Investment Management
United Kingdom
$8.59M
URS
263
Utah Retirement Systems
Utah
$8.56M
LIP
264
Liontrust Investment Partners
United Kingdom
$8.5M
Northwestern Mutual Wealth Management
265
Northwestern Mutual Wealth Management
Wisconsin
$8.47M
NSAM
266
North Star Asset Management
Wisconsin
$8.41M
Baird Financial Group
267
Baird Financial Group
Wisconsin
$8.39M
ACM
268
ASK Capital Management
California
$8.34M
PFSRSONJ
269
Police & Firemen's Retirement System of New Jersey
New Jersey
$8.32M
NA
270
NewEdge Advisors
Louisiana
$8.21M
Lido Advisors
271
Lido Advisors
California
$8.12M
Teacher Retirement System of Texas
272
Teacher Retirement System of Texas
Texas
$8.09M
SLI
273
Sumitomo Life Insurance
Japan
$8.02M
DADC
274
D.A. Davidson & Co
Montana
$8M
Focus Partners Wealth
275
Focus Partners Wealth
Massachusetts
$7.98M