5 Travel Stocks Billionaires Are Loading Up On

3. Airbnb, Inc. (NASDAQ:ABNB)

Number of Billionaire Investors: 11

Number of Hedge Fund Investors: 47

Airbnb, Inc. (NASDAQ:ABNB) allows travelers to book and manage their accommodations. Like Royal Caribbean, it has also beaten analyst EPS estimates in all four latest quarters, and as the shares have gained 71% year to date, analysts have penned in a 1.5% downside to the shares based on the average share price.

By the end of this year’s June quarter, 47 out of the 910 hedge funds part of Insider Monkey’s database had bought and owned a stake in Airbnb, Inc. (NASDAQ:ABNB). Out of these, the biggest investor is Jim Simons’ Renaissance Technologies since it owns 5.2 million shares that are worth $678 million.