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1,237 hedge funds and large institutions have $44.6B invested in Airbnb in 2025 Q2 according to their latest regulatory filings, with 169 funds opening new positions, 470 increasing their positions, 443 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 169 | Existing positions closed: 118

41% more funds holding in top 10

Funds holding in top 10: 2231 (+9)

11% more capital invested

Capital invested by funds: $40.2B → $44.6B (+$4.38B)

3% more funds holding

Funds holding: 1,2001,237 (+37)

6% more repeat investments, than reductions

Existing positions increased: 470 | Existing positions reduced: 443

0.33% less ownership

Funds ownership: 78.33%78% (-0.33%)

11% less call options, than puts

Call options by funds: $1.53B | Put options by funds: $1.71B

Holders
1,237
Holders Change
+37
Holders Change %
+3.08%
% of All Funds
16.29%
Holding in Top 10
31
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+40.91%
% of All Funds
0.41%
New
169
Increased
470
Reduced
443
Closed
118
Calls
$1.53B
Puts
$1.71B
Net Calls
-$182M
Net Calls Change
+$31M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.98B +$23.2M +183,336 +0.5%
BlackRock
2
BlackRock
New York
$3.92B -$91M -718,526 -2%
State Street
3
State Street
Massachusetts
$2.39B +$31.5M +248,620 +1%
Harris Associates
4
Harris Associates
Illinois
$1.88B +$544M +4,292,383 +43%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.87B -$148M -1,170,828 -8%
Morgan Stanley
6
Morgan Stanley
New York
$1.7B -$91.3M -721,097 -5%
Edgewood Management
7
Edgewood Management
Connecticut
$1.4B -$110M -869,824 -8%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.31B +$18.5M +145,788 +1%
Polen Capital Management
9
Polen Capital Management
Florida
$973M -$47.2M -372,376 -5%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$868M +$278M +2,192,930 +50%
ClearBridge Investments
11
ClearBridge Investments
New York
$757M +$103M +811,572 +17%
Invesco
12
Invesco
Georgia
$684M +$147M +1,161,374 +29%
Jennison Associates
13
Jennison Associates
New York
$596M -$292M -2,304,937 -34%
Goldman Sachs
14
Goldman Sachs
New York
$569M -$31M -244,670 -5%
Northern Trust
15
Northern Trust
Illinois
$558M -$23.7M -187,392 -4%
Brown Advisory
16
Brown Advisory
Maryland
$540M -$37.3M -294,479 -7%
Norges Bank
17
Norges Bank
Norway
$484M -$6.82M -53,857 -1%
ACM
18
AKRE Capital Management
Virginia
$460M +$70.4M +555,510 +19%
Principal Financial Group
19
Principal Financial Group
Iowa
$425M -$5.39M -42,515 -1%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$405M +$48.4M +381,843 +14%
Charles Schwab
21
Charles Schwab
California
$387M +$4.03M +31,822 +1%
JP Morgan Chase
22
JP Morgan Chase
New York
$372M +$5.28M +41,664 +2%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$370M +$64.4M +508,100 +22%
Amundi
24
Amundi
France
$362M +$179M +1,412,608 +112%
AQR Capital Management
25
AQR Capital Management
Connecticut
$356M -$201M -1,589,924 -37%

ABNB Hedge Fund Activity: Q2 2025 in Review

1,237 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Airbnb (ABNB) for Q2 2025, worth a combined $44.6B — up 11% from $40.2B a quarter earlier.

Buyers outnumbered sellers: 169 funds opened new ABNB positions and 118 closed out — a net gain of 51 holders — while 470 added to existing stakes and 443 trimmed.

The largest buyer was Harris Associates, adding an estimated $544M. The largest seller was Capital World Investors, exiting entirely with an estimated $1.16B sold.

  • 1,237 institutional investors held Airbnb (ABNB) as of Q2 2025, up from 1,200 in Q1 2025.
  • Funds reported $44.6B of Airbnb stock for Q2 2025, up 11% quarter-over-quarter.
  • 169 funds opened new Airbnb positions in Q2 2025 and 118 closed out, a net change of +51 holders.
  • The largest Airbnb buyer in Q2 2025 was Harris Associates, an estimated $544M added.
  • The largest Airbnb seller in Q2 2025 was Capital World Investors, an estimated $1.16B sold.

Based on aggregated 13F filings for Q2 2025.