Spruce House Investment Management’s Zillow Z Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2021 Q4	–	Sell	-2,600,000	Closed	-$229M	–	14
2021 Q3	$229M	Buy	2,600,000 +1,350,000	+108%	+$119M	5.94%	5
2021 Q2	$153M	Buy	1,250,000 +1,100,000	+733%	+$134M	3.64%	6
2021 Q1	$19.4M	Buy	+150,000	New	+$19.4M	0.56%	8