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
SM
901
Sweeney & Michel
California
$213K
PWMAG
902
Pinnacle Wealth Management Advisory Group
New Jersey
$212K
MK
903
MASTERINVEST Kapitalanlage
$212K
KA
904
Kovack Advisors
Florida
$211K
SCM
905
Stevens Capital Management
Pennsylvania
$211K
WC
906
Waterloo Capital
Texas
$211K
EC
907
EntryPoint Capital
New York
$210K
KBFS
908
Kohmann Bosshard Financial Services
Ohio
$210K
ZCI
909
Zevenbergen Capital Investments
Washington
$209K
Fisher Asset Management
910
Fisher Asset Management
Washington
$209K
OCM
911
Osterweis Capital Management
California
$208K
FMLI
912
Fukoku Mutual Life Insurance
Japan
$208K
CAM
913
Claret Asset Management
Quebec, Canada
$208K
AFP
914
Ausdal Financial Partners
Iowa
$207K
FFO
915
Fiduciary Family Office
Florida
$206K
CPL
916
CAP Partners LLC
Tennessee
$205K
PTC
917
Petrus Trust Company
Texas
$205K
PRI
918
Prepared Retirement Institute
Pennsylvania
$205K
CAM
919
Clark Asset Management
New Hampshire
$204K
IIA
920
Integral Investment Advisors
California
$204K
SP
921
Symmetry Partners
Connecticut
$203K
OWA
922
Opal Wealth Advisors
New York
$203K
WANY
923
Wealthspire Advisors (New York)
New York
$202K
CFB
924
Cullen/Frost Bankers
Texas
$201K
OIAM
925
OFI Invest Asset Management
France
$201K