1,179 hedge funds and large institutions have $41.3B invested in Airbnb in 2025 Q3 according to their latest regulatory filings, with 144 funds opening new positions, 458 increasing their positions, 411 reducing their positions, and 156 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: $44.4B → $41.3B (-$3.09B)

16% less funds holding in top 10

Funds holding in top 10: 3126 (-5)

19% less call options, than puts

Call options by funds: $1.41B | Put options by funds: $1.73B

Holders
1,179
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
$1.41B
Puts
$1.73B
Net Calls
Net Calls Change

Top Buyers

1 +$506M
2 +$359M
3 +$337M
4
UBS AM
UBS AM
Illinois
+$331M
5
BlackRock
BlackRock
New York
+$305M

Top Sellers

1 -$475M
2 -$473M
3 -$410M
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$269M
5
Goldman Sachs
Goldman Sachs
New York
-$247M
Name Holding Trade Value Shares
Change
Change in
Stake
PCMH
401
Polymer Capital Management (HK)
Hong Kong
$2.91M
CFG
402
Citizens Financial Group
Rhode Island
$2.89M
TC
403
Tsai Capital
New York
$2.89M
HCMT
404
Highland Capital Management (Tennessee)
Tennessee
$2.87M
EAMA
405
EFG Asset Management (Americas)
Florida
$2.86M
BAAM
406
Baker Avenue Asset Management
California
$2.83M
Wolverine Trading
407
Wolverine Trading
Illinois
$2.8M
GIC
408
Generali Investments CEE
Czech Republic
$2.79M
LAM
409
L2 Asset Management
Massachusetts
$2.78M
TAIM
410
Te Ahumairangi Investment Management
New Zealand
$2.76M
OA
411
Oxbow Advisors
Texas
$2.75M
MLIC
412
Mandatum Life Insurance Company
Finland
$2.74M
Capstone Investment Advisors
413
Capstone Investment Advisors
New York
$2.72M
PCA
414
Pallas Capital Advisors
Massachusetts
$2.68M
SCA
415
Snowden Capital Advisors
New York
$2.67M
LWP
416
LMG Wealth Partners
Louisiana
$2.66M
Bessemer Group
417
Bessemer Group
New Jersey
$2.63M
MGP
418
Metis Global Partners
California
$2.63M
GIBU
419
Gulf International Bank (UK)
United Kingdom
$2.62M
KAS
420
Kestra Advisory Services
Texas
$2.61M
FC
421
FORA Capital
Florida
$2.6M
SWGC
422
Summit Wealth Group (Colorado)
Colorado
$2.6M
CB
423
Commerce Bank
Missouri
$2.58M
QCM
424
QRG Capital Management
Illinois
$2.56M
HSA
425
Hussman Strategic Advisors
Maryland
$2.55M