1,199 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, 466 increasing their positions, 415 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 (-$3.07B)

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
1,199
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
VAS
376
Vestmark Advisory Solutions
Massachusetts
$3.43M
GGI
377
GPM Growth Investors
Michigan
$3.41M
GCM
378
Graham Capital Management
Connecticut
$3.39M
VPIM
379
Vanguard Personalized Indexing Management
California
$3.37M
GCGDR
380
Geo Capital Gestora de Recursos
Brazil
$3.36M
IIM
381
INTECH Investment Management
Florida
$3.35M
HT
382
Headlands Technologies
Illinois
$3.32M
NP
383
NorthRock Partners
Minnesota
$3.32M
KRS
384
Kentucky Retirement Systems
Kentucky
$3.24M
P
385
&Partners
Tennessee
$3.24M
HFM
386
Harvest Fund Management
China
$3.23M
HHGA
387
Halbert Hargrove Global Advisors
California
$3.22M
1832 Asset Management
388
1832 Asset Management
Ontario, Canada
$3.21M
YWM
389
Yoder Wealth Management
California
$3.19M
CWM
390
Chemistry Wealth Management
New York
$3.19M
SCM
391
Saba Capital Management
New York
$3.18M
AW
392
Apricus Wealth
South Carolina
$3.15M
IEFM
393
IQ EQ Fund Management
Ireland
$3.09M
CS
394
Candriam SCA
Luxembourg
$3.09M
XT
395
XTX Topco
Cayman Islands
$3.09M
UF
396
Univest Financial
Pennsylvania
$3.08M
HIMCH
397
Hartford Investment Management Co (HIMCO)
Connecticut
$3.05M
JRP
398
Jasper Ridge Partners
California
$3.04M
AWM
399
Axxcess Wealth Management
California
$3.03M
PA
400
Parallel Advisors
California
$3.01M