CoStar Group
CSGP
218 hedge funds and large institutions have $5.07B invested in CoStar Group in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 70 increasing their positions, 100 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
9% more capital invested
Capital invested by funds: $4.66B → $5.07B (+$412M)
5% more funds holding
Funds holding: 207 → 218 (+11)
30% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 100
55% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $29.5M
Top Buyers
Top Sellers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.9M |
| 2 |
Morgan Stanley
New York
|
-$23.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.3M |
| 4 |
CCI
Columbus Circle Investors
|
-$19.5M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$19.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
226
PDT Partners
New York
| – | -$693K | -41,270 | Closed |
|
|
RAM
227
Redmond Asset Management
Henrico,
Virginia
| – | -$290K | -17,300 | Closed |
|
|
TH
228
Timber Hill
Greenwich,
Connecticut
| – | -$242K | -14,420 | Closed |
|
|
BP
229
Banyan Partners
Palm Beach Gardens,
Florida
| – | -$235K | -14,000 | Closed |
|
230
Two Sigma Advisers
New York
| – | -$219K | -13,040 | Closed |
|
|
PAS
231
Partnervest Advisory Services
Santa Barbara,
California
| – | -$24K | -1,450 | Closed |
|
|
KCPG
232
Kavar Capital Partners Group
Leawood,
Kansas
| – | +$884 | +50 | New |
|
CSGP Hedge Fund Activity: Q4 2013 in Review
218 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q4 2013, worth a combined $5.07B — up 8.8% from $4.66B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CSGP positions and 14 closed out — a net gain of 13 holders — while 70 added to existing stakes and 100 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $64.3M. The largest seller was Lord, Abbett & Co, cutting an estimated $23.9M.
- 218 institutional investors held CoStar Group (CSGP) as of Q4 2013, up from 207 in Q3 2013.
- Funds reported $5.07B of CoStar Group stock for Q4 2013, up 8.8% quarter-over-quarter.
- 27 funds opened new CoStar Group positions in Q4 2013 and 14 closed out, a net change of +13 holders.
- The largest CoStar Group buyer in Q4 2013 was Wellington Management Group, an estimated $64.3M added.
- The largest CoStar Group seller in Q4 2013 was Lord, Abbett & Co, an estimated $23.9M sold.
Based on aggregated 13F filings for Q4 2013.