Bank of America 13F: Cuts Airbnb (ABNB) Stake by $27M
Bank of America trimmed its holdings in Airbnb, Inc. by nearly 182,000 shares during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America sold 181,586 shares from its stake in Airbnb, Inc. ($ABNB), a 7.90% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 2,115,999 shares worth $310.63 million at the end of the quarter.
Since the filing, $ABNB is down 1.2% after 1 week, up 4.7% after 1 month and up 29.3% to date (from the $134.30 close on May 18, 2026).
Key Points
- Bank of America cut its Airbnb, Inc. position by 7.9% in a filing covering holdings as of May 18, 2026.
- The financial institution sold 181,586 shares, leaving it with 2,115,999 shares valued at about $310.6 million.
- Airbnb shares trade near $146.80 as institutional investors adjust portfolios ahead of late-year earnings.
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Bank of America Trims Stake in Airbnb, Inc. ABNB
Bank of America lowered its investment in Airbnb, Inc. ABNB, according to a recent Form 13F filing with the Securities and Exchange Commission. As a major financial institution managing diverse client portfolios, the firm frequently adjusts its equity weights based on market conditions and capital rebalancing needs. This backward-looking filing reflects holdings as of May 18, 2026, and may not represent the bank's exact position today.
Changes in Bank of America Holdings
During the reporting period, Bank of America trimmed its Airbnb stake by 181,586 shares. This represented a 7.9% decrease from its prior holdings of 2,297,585 shares. The remaining position of 2,115,999 shares carried an estimated market value of $310,628,659.66 at the time of the report.
Airbnb Stock Performance Context
Airbnb shares changed hands around $146.80 on the market. The stock trades near its 200-day moving average of $144.63, while sitting below its 50-day moving average of $171.92. Over the past year, the travel platform's shares have moved between a low of $110.81 and a high of $193.45.
Insider Buying and Selling at Airbnb, Inc.
Company insiders have also adjusted their personal holdings recently. Chief Strategy Officer Nathan Blecharczyk acquired 96,263 shares on June 26, 2026. Earlier in the month, Blecharczyk bought 88,366 shares on June 24, 2026, and disposed of an equal number of 88,366 shares on the same date.
Wall Street Analyst Views
Wall Street firms continue to update their outlooks for the travel booking platform. On October 7, 2026, Wells Fargo maintained its Overweight rating and adjusted its price target to $185.00. Keybanc upgraded the stock to Overweight on October 2, 2026, with a target of $191.00. Earlier in September, firms including RBC Capital, Citizens, Truist Securities, Raymond James, Baird, and Rosenblatt issued updated targets ranging from $161.00 to $220.00.
About Airbnb, Inc.
Headquartered in San Francisco, Airbnb operates an online marketplace connecting hosts and travelers for lodging, vacation rentals, and tourism experiences. The platform allows property owners to list unique spaces while providing guests access to accommodations worldwide. Institutional adjustments like Bank of America's recent trade highlight how large market participants continually reallocate capital within the consumer cyclical sector.
Looking Ahead for Investors
Market participants will look toward Airbnb's next earnings report, slated for November 5, 2026, for fresh details on revenue growth and profit margins. Because 13F filings are backward-looking documents, they provide a retrospective view of institutional activity rather than real-time trading signals.
Source: Bank of America's 13F filing on $ABNB (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Bank of America 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
