Airbnb
ABNB
1,212 hedge funds and large institutions have $42B invested in Airbnb in 2025 Q3 according to their latest regulatory filings, with 147 funds opening new positions, 474 increasing their positions, 416 reducing their positions, and 156 closing their positions.
26% more capital inflows, than outflows
Capital inflows: $5.66B | Capital outflows: $4.48B
14% more repeat investments, than reductions
Existing positions increased: 474 | Existing positions reduced: 416
2.55% more ownership
Funds ownership: 78.11% → 80.66% (+2.5%)
6% less first-time investments, than exits
New positions opened: 147 | Existing positions closed: 156
2% less funds holding
Funds holding: 1,242 → 1,212 (-30)
16% less funds holding in top 10
Funds holding in top 10: 31 → 26 (-5)
18% less call options, than puts
Call options by funds: $1.42B | Put options by funds: $1.74B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Independent Franchise Partners
London,
United Kingdom
|
+$539M |
| 2 |
D.E. Shaw & Co
New York
|
+$383M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$359M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$352M |
| 5 |
BlackRock
New York
|
+$325M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$506M |
| 2 |
Jennison Associates
New York
|
-$504M |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
-$437M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$286M |
| 5 |
Goldman Sachs
New York
|
-$263M |
ABNB Hedge Fund Activity: Q3 2025 in Review
1,212 of the 7,659 institutional investors tracked by Wall St. Rank reported a position in Airbnb (ABNB) for Q3 2025, worth a combined $42B — down 5.8% from $44.6B a quarter earlier.
Sellers outnumbered buyers: 156 funds closed out of ABNB and 147 opened new positions — a net loss of 9 holders — while 416 trimmed existing stakes and 474 added.
The largest buyer was Independent Franchise Partners, opening a new position worth an estimated $539M. The largest seller was Fidelity Investments, cutting an estimated $506M.
- 1,212 institutional investors held Airbnb (ABNB) as of Q3 2025, down from 1,242 in Q2 2025.
- Funds reported $42B of Airbnb stock for Q3 2025, down 5.8% quarter-over-quarter.
- 147 funds opened new Airbnb positions in Q3 2025 and 156 closed out, a net change of -9 holders.
- The largest Airbnb buyer in Q3 2025 was Independent Franchise Partners, an estimated $539M added.
- The largest Airbnb seller in Q3 2025 was Fidelity Investments, an estimated $506M sold.
Based on aggregated 13F filings for Q3 2025.