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
PA
301
Profund Advisors
Maryland
$6.65M
FAN
302
Financial Advisors Network
California
$6.63M
LSERS
303
Louisiana State Employees Retirement System
Louisiana
$6.53M
BHCM
304
Brevan Howard Capital Management
Jersey
$6.51M
Janney Montgomery Scott
305
Janney Montgomery Scott
Pennsylvania
$6.21M
GAM
306
Generali Asset Management
Italy
$6.09M
Mackenzie Financial
307
Mackenzie Financial
Ontario, Canada
$6.08M
IMC Chicago
308
IMC Chicago
Illinois
$6.08M
YG
309
York GP
Cayman Islands
$6.07M
IGAM
310
iA Global Asset Management
Quebec, Canada
$6.03M
OPERF
311
Oregon Public Employees Retirement Fund
Oregon
$5.95M
YCM
312
Yousif Capital Management
Michigan
$5.92M
YIH
313
Y-Intercept (HK)
Hong Kong
$5.78M
AIM
314
AXA Investment Managers
France
$5.69M
PS
315
Principal Securities
Iowa
$5.68M
MOACM
316
Mutual of America Capital Management
New York
$5.65M
CFM
317
Crawford Fund Management
Massachusetts
$5.65M
SOADOR
318
State of Alaska Department of Revenue
Alaska
$5.58M
AIM
319
Allen Investment Management
New York
$5.45M
SLAM
320
Swiss Life Asset Management
$5.38M
CBA
321
Coastal Bridge Advisors
Connecticut
$5.35M
BBVA
322
Banco Bilbao Vizcaya Argentaria
Spain
$5.27M
Corient Private Wealth
323
Corient Private Wealth
Florida
$5.26M
AG
324
Algert Global
California
$5.24M
DWM
325
Diversify Wealth Management
Utah
$5.23M