FMR LLC & Abigail Johnson Maintain 5.242% Stake in Airbnb (ABNB)

TL;DR

**FMR LLC and Abigail Johnson still own over 5% of Airbnb, showing continued institutional confidence.**

AI Summary

FMR LLC, a major investment firm, and its CEO, Abigail P. Johnson, have updated their ownership stake in Airbnb, Inc. (ABNB) through an SC 13G/A filing on February 9, 2024. They now collectively beneficially own 22,792,474 shares of Class A Common Stock, representing 5.242% of the company. This matters to investors because it shows a significant institutional holder maintaining a substantial position, indicating continued confidence in Airbnb's future performance.

Why It Matters

This filing confirms that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a significant stake in Airbnb, signaling their ongoing belief in the company's value.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a vote of confidence.

Analyst Insight

Investors should note the continued significant institutional ownership by FMR LLC, which can be a positive signal of long-term confidence in Airbnb, but this filing itself doesn't suggest immediate action beyond monitoring.

Key Numbers

• 22,792,474 — Shares Beneficially Owned (Total Class A Common Stock shares held by FMR LLC and Abigail P. Johnson.)
• 5.242% — Percent of Class (The percentage of Airbnb's Class A Common Stock owned by the reporting persons.)

Key Players & Entities

• FMR LLC (company) — reporting person and parent holding company
• Airbnb, Inc. (company) — subject company, issuer of Class A Common Stock
• Abigail P. Johnson (person) — reporting person, associated with FMR LLC
• 22,792,474 (dollar_amount) — total shares beneficially owned by FMR LLC and Abigail P. Johnson
• 5.242% (dollar_amount) — percentage of Class A Common Stock owned by FMR LLC and Abigail P. Johnson

Forward-Looking Statements

• FMR LLC will maintain a significant stake in Airbnb for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09

FAQ

From the Filing

0000315066-24-000956.txt : 20240209 0000315066-24-000956.hdr.sgml : 20240209 20240209083557 ACCESSION NUMBER: 0000315066-24-000956 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Airbnb, Inc. CENTRAL INDEX KEY: 0001559720 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TO DWELLINGS & OTHER BUILDINGS [7340] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 263051428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91861 FILM NUMBER: 24611390 BUSINESS ADDRESS: STREET 1: 888 BRANNAN ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: 415.800.5959 MAIL ADDRESS: STREET 1: 888 BRANNAN ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.3 AIRBNB, INC. CLASS A COMMON STOCK Cusip #009066101 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #009066101 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 21,065,421 Item 6: 0 Item 7: 22,792,474 Item 8: 0 Item 9: 22,792,474 Item 11: 5.242% Item 12: HC Cusip #009066101 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 22,792,474 Item 8: 0 Item 9: 22,792,474 Item 11: 5.242% Item 12: IN Item 1(a). Name of Issuer: AIRBNB, INC. Item 1(b). Address of Issuer's Principal Executive Offices: 888 BRANNAN ST SAN FRANCISCO, CA 94103 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: CLASS A COMMON STOCK Item 2(e). CUSIP Number: 009066101 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 22,792,474 (b) Percent of Class: 5.242% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 22,792,474 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the CLASS A COMMON STOCK of AIRBNB, INC. No one other person's interest in the CLASS A COMMON STOCK of AIRBNB, INC. is more than five percent of the total outstanding CLASS A COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the se