1,203 hedge funds and large institutions have $41.5B invested in Airbnb in 2025 Q3 according to their latest regulatory filings, with 145 funds opening new positions, 467 increasing their positions, 418 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: $44.6B → $41.5B (-$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
1,203
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
26
$338M
27
$324M
28
$304M
29
$304M
30
$298M
31
$293M
32
$280M
33
$275M
34
$270M
35
$245M
36
$244M
37
$240M
38
$233M
39
$231M
40
$231M
41
$216M
42
$211M
43
$207M
44
$203M
45
$198M
46
$189M
47
$186M
48
$182M
49
$172M
50
$169M