Joby Aviation

JOBY • NYSE

Joby Aviation is a airlines, airports & air services company in the industrials sector on NYSE, led by JoeBen Bevirt, with a market cap of $14.4B. As of Q3 2025, 55% of shares are held by 441 institutional investors, with TOYOTA MOTOR CORP/ as the largest holder at 15.01%.

JoeBen Bevirt

Market Cap$14.4B

Airlines, Airports & Air Services

Industrials

Employees1.8K

Websitejobyaviation.com

Country

United States of America

Overview

Overview of institutional ownership in JOBY as of Q3 2025 with a market cap of $13.8B

All Institutions

Institutions: 441
Value Held: $7.7B
Shares Held: 474.7M
Avg Position: $17.4M
Median Position: $322.8K

Hedge Funds

Hedge Funds: 40
Value Held: $187.0M
Shares Held: 11.6M
Avg Position: $4.7M
Median Position: $741.0K

Ownership Breakdown

Institutional (non-HF)

54.13%

$7.5B

Hedge Funds

1.35%

$187.0M

Retail & Other

44.51%

$6.1B

Based on market cap of $13.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in JOBY as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
T TOYOTA MOTOR CORP/ Institution	-	$2.1B 49.69% of portfolio	15.01% 128.5M shares	Q3 2021 Held for 4y 2m	$4.2B
B BAILLIE GIFFORD & CO Institution	-	$813.8M 0.60% of portfolio	5.89% 50.4M shares	Q3 2021 Held for 4y 2m	$134.80B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$806.2M 0.01% of portfolio	5.84% 49.9M shares	Q3 2021 Held for 4y 2m	$6.69T
B BlackRock, Inc. Institution	-	$585.2M 0.01% of portfolio	4.24% 36.3M shares	Q3 2021 Held for 4y 2m	$5.67T
Capricorn Investment Group LLC Family Office	Ion Yadigaroglu Managing Partner	$493.6M 59.13% of portfolio	3.54% 30.3M shares	Q4 2021 Held for 3y 11m	$834.9M
INTEL CORP Institution	Michelle Johnston Holthaus and David Zinsner CEO	$255.3M 24.68% of portfolio	1.85% 15.8M shares	Q3 2021 Held for 4y 2m	$1.0B
UBS Group AG Institution	Sergio P. Ermotti CEO	$231.3M 0.05% of portfolio	1.67% 14.3M shares	Q3 2021 Held for 4y 2m	$511.54B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$184.0M 0.01% of portfolio	1.33% 11.4M shares	Q3 2021 Held for 4y 2m	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$179.0M 0.01% of portfolio	1.30% 11.1M shares	Q3 2021 Held for 4y 2m	$1.65T
DELTA AIR LINES, INC. Institution	Ed Bastian CEO	$178.3M 26.89% of portfolio	1.29% 11.0M shares	Q4 2022 Held for 2y 11m	$662.9M

Net Capital Flow

Institutional buying and selling activity for JOBY in Q3 2025

Net Flow: −$417.4M
Buyers: 170
Sellers: 142
Total Bought: +$650.3M
Total Sold: −$1.1B
Avg Position: $19.8M

Biggest Buyers

Institution	Net Bought	Current Position
UBS Group AG Institution	+$179.9M +11.1M shares	$231.3M 14.3M shares
VANGUARD GROUP INC Institution	+$94.1M +5.8M shares	$806.2M 49.9M shares
MORGAN STANLEY RIA/Wealth	+$62.9M +3.9M shares	$179.0M 11.1M shares
JPMORGAN CHASE & CO Institution	+$55.2M +3.4M shares	$67.4M 4.2M shares
FMR LLC Institution	+$39.9M +2.5M shares	$46.4M 2.9M shares
B BlackRock, Inc. Institution	+$38.4M +2.4M shares	$585.2M 36.3M shares
BANK OF AMERICA CORP /DE/ Institution	+$19.7M +1.2M shares	$67.7M 4.2M shares
H HRT FINANCIAL LLC Institution	+$18.1M +1.1M shares	$19.8M 1.2M shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	+$16.9M +1.0M shares	$18.4M 1.1M shares
Marshall Wace LLP Institution	+$14.8M +915.6K shares	$16.8M 1.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
Uber Technologies, Inc Institution	−$239.8M −14.9M shares	$115.2M 7.1M shares
Capricorn Investment Group LLC Family Office	−$164.5M −10.1M shares	$493.6M 30.3M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$94.8M −5.9M shares	$7.7M 474.2K shares
8 8VC GP I, LLC Institution	−$77.4M −4.8M shares	$77.4M 4.8M shares
R Rheos Capital Works Inc. Institution	−$76.8M −4.8M shares	$39.5M 2.4M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$43.6M −4.1M shares	Sold Off 0 shares
INTEL CORP Institution	−$42.0M −2.6M shares	$255.3M 15.8M shares
B BAILLIE GIFFORD & CO Institution	−$38.8M −2.4M shares	$813.8M 50.4M shares
R ROYAL BANK OF CANADA Institution	−$33.3M −2.1M shares	$23.1M 1.4M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$30.4M −1.9M shares	$8.9M 551.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited JOBY in Q3 2025

New Positions: 91
New Value: $99.6M
Exited Positions: 52
Exited Value: $83.3M

New Positions

Institution	Position Value
M Man Group plc Institution	$40.3M 2.5M shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$8.1M 499.1K shares
Science & Technology Partners, L.P. Hedge Fund•Long/Short	$6.2M 383.3K shares
Baird Financial Group, Inc. Private Equity	$4.3M 269.2K shares
Voleon Capital Management LP Hedge Fund•Quant	$4.2M 262.9K shares
N Nan Fung Group Holdings Ltd Institution	$3.5M 217.3K shares
K Kemnay Advisory Services Inc. Institution	$2.8M 175.3K shares
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$2.7M 164.9K shares
S State of New Jersey Common Pension Fund D Institution	$2.4M 147.2K shares
Mutual Advisors, LLC RIA/Wealth	$2.3M 144.4K shares

Exited Positions

Institution	Previous Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$43.6M 4.1M shares
Q Qube Research & Technologies Ltd Institution	$14.4M 1.4M shares
J Jump Financial, LLC Institution	$12.0M 1.1M shares
O OPTIONS SOLUTIONS, LLC Hedge Fund•Sector	$2.5M 233.8K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.6M 148.0K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$1.4M 131.3K shares
T TWO SIGMA SECURITIES, LLC Institution	$1.0M 96.3K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$896.4K 85.0K shares
H HSBC HOLDINGS PLC Institution	$482.6K 44.8K shares
P Palogic Value Management, L.P. RIA/Wealth	$458.9K 43.5K shares

Options Activity

Institutions with the largest Call and Put options positions in JOBY as of Q3 2025

Call Positions: 20
Call Value: $215.1M
Put Positions: 24
Put Value: $126.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$82.0M 50.8K contracts
D D. E. Shaw & Co., Inc. Institution	$30.9M 19.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$29.2M 18.1K contracts
P PEAK6 LLC Institution	$16.8M 10.4K contracts
W WOLVERINE TRADING, LLC Institution	$12.8M 8.0K contracts
C Cubist Systematic Strategies, LLC Institution	$11.8M 7.3K contracts
J JANE STREET GROUP, LLC Institution	$10.5M 6.5K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.5M 2.8K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$3.6M 2.2K contracts
Walleye Trading LLC RIA/Wealth	$3.6M 2.2K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$34.3M 21.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$29.7M 18.4K contracts
J JANE STREET GROUP, LLC Institution	$13.5M 8.4K contracts
P PEAK6 LLC Institution	$7.8M 4.8K contracts
W WOLVERINE TRADING, LLC Institution	$7.8M 4.9K contracts
Walleye Trading LLC RIA/Wealth	$5.0M 3.1K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.7M 2.9K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$4.5M 2.8K contracts
Crawford Fund Management, LLC Hedge Fund•Long/Short	$4.4M 2.7K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$4.3M 2.7K contracts

Most Committed Institutions

Institutions with JOBY as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
8 8VC GP I, LLC Institution	-	99.54% $77.4M	0.56% 4.8M shares	Q4 2023 Held for 1y 11m	$77.8M
Capricorn Investment Group LLC Family Office	Ion Yadigaroglu Managing Partner	59.13% $493.6M	3.54% 30.3M shares	Q4 2021 Held for 3y 11m	$834.9M
T TOYOTA MOTOR CORP/ Institution	-	49.69% $2.1B	15.01% 128.5M shares	Q3 2021 Held for 4y 2m	$4.2B
DELTA AIR LINES, INC. Institution	Ed Bastian CEO	26.89% $178.3M	1.29% 11.0M shares	Q4 2022 Held for 2y 11m	$662.9M
INTEL CORP Institution	Michelle Johnston Holthaus and David Zinsner CEO	24.68% $255.3M	1.85% 15.8M shares	Q3 2021 Held for 4y 2m	$1.0B
VALUEWORKS LLC Hedge Fund•Value	Charles Spencer Lemonides Managing Partner	10.39% $35.7M	0.26% 2.2M shares	Q1 2022 Held for 3y 8m	$343.6M
N Nan Fung Group Holdings Ltd Institution	-	6.46% $3.5M	0.03% 217.3K shares	Q3 2025 Held for 2 months	$54.3M
ALLEN OPERATIONS LLC RIA/Wealth	Stuart Bradley Allen Managing Partner	3.01% $25.1M	0.18% 1.6M shares	Q3 2021 Held for 4y 2m	$836.3M
R Rheos Capital Works Inc. Institution	-	2.29% $39.5M	0.29% 2.4M shares	Q3 2023 Held for 2y 2m	$1.7B
Uber Technologies, Inc Institution	Dara Khosrowshahi CEO	2.11% $115.2M	0.83% 7.1M shares	Q4 2024 Held for 11 months	$5.4B

Hedge Fund Spotlight

Discover hedge funds investing in JOBY

Bridgewater Associates, LP

Hedge Fund • Global Macro

Portfolio ManagerNir Bar Dea

Portfolio Value: $25.5B
Positions: 1,015
Last Reported: Q3 2025

Sector Allocation

Position in Joby Aviation

Market Value: $252.1K
Shares Held: 15.6K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

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