Burke Wealth Management released its second-quarter 2025 investor letter, showcasing a +15.9% return for its “Focused Growth Strategy” compared to +10.9% for the S&P 500 Index. Download the letter to view the top five holdings for 2025. Airbnb, Inc. (NASDAQ: ABNB) was highlighted as a key stock pick.

Airbnb, Inc. (NASDAQ: ABNB) operates a platform connecting hosts and guests, with shares closing at $129.92 on August 22, 2025. Burke Wealth Management made the decision to sell its stake in Airbnb due to economic sensitivity and global travel market uncertainties. The stock had a one-month return of -8.61%.

79 hedge fund portfolios held Airbnb, Inc. (NASDAQ: ABNB) at the end of the second quarter, with revenue reaching $3.1 billion in Q2 2025. Despite potential, Burke Wealth Management believes certain AI stocks offer greater upside potential and less downside risk. Check out their report on the best short-term AI stock.

Read more at Yahoo Finance: Burke Wealth Management Sold Airbnb (ABNB) due To Elevated Economic Sensitivity And Reduced Visibility