1,176 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, 456 increasing their positions, 410 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
1,176
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
AllianceBernstein
101
AllianceBernstein
Tennessee
$54M
GGHC
102
Gilder Gagnon Howe & Co
New York
$53.7M
National Bank of Canada
103
National Bank of Canada
Quebec, Canada
$52.7M
Connor, Clark & Lunn Investment Management (CC&L)
104
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$51.6M
Walleye Capital
105
Walleye Capital
New York
$49.6M
MAM
106
Madison Asset Management
Wisconsin
$48.8M
QOP
107
Quinn Opportunity Partners
Virginia
$48.7M
Korea Investment Corp
108
Korea Investment Corp
South Korea
$47.5M
State Board of Administration of Florida Retirement System
109
State Board of Administration of Florida Retirement System
Florida
$47.2M
PCMC
110
Paragon Capital Management (Colorado)
Colorado
$47M
Jacobs Levy Equity Management
111
Jacobs Levy Equity Management
New Jersey
$46.6M
PI
112
PineBridge Investments
New York
$46.5M
CI
113
Cambiar Investors
Colorado
$46.4M
Bank of Montreal
114
Bank of Montreal
Ontario, Canada
$45.8M
TD Asset Management
115
TD Asset Management
Ontario, Canada
$45.1M
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
116
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$45.1M
Cerity Partners
117
Cerity Partners
New York
$44.3M
LPL Financial
118
LPL Financial
California
$43.2M
Aberdeen Group
119
Aberdeen Group
United Kingdom
$42.6M
Adage Capital Partners
120
Adage Capital Partners
Massachusetts
$42.6M
Aviva
121
Aviva
United Kingdom
$41.6M
Universal-Beteiligungs- und Servicegesellschaft
122
Universal-Beteiligungs- und Servicegesellschaft
Germany
$40.8M
New York State Teachers Retirement System (NYSTRS)
123
New York State Teachers Retirement System (NYSTRS)
New York
$39.8M
Nordea Investment Management
124
Nordea Investment Management
Sweden
$39.6M
VRS
125
Virginia Retirement Systems
Virginia
$38.9M