CoStar Group
CSGP
217 hedge funds and large institutions have $6.7B invested in CoStar Group in 2015 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 77 increasing their positions, 81 reducing their positions, and 21 closing their positions.
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
8% more capital invested
Capital invested by funds: $6.18B → $6.7B (+$520M)
2% more funds holding
Funds holding: 213 → 217 (+4)
5% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 81
49% less call options, than puts
Call options by funds: $4.08M | Put options by funds: $7.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$275M |
| 2 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$44.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$41M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$33.7M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$83.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$77.7M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$31.3M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$31.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$26.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CB
226
Commerce Bank
Kansas City,
Missouri
| – | -$393K | -21,410 | Closed |
|
|
QIM
227
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$367K | -20,000 | Closed |
|
228
Nomura Holdings
Tokyo,
Japan
| – | -$353K | -19,400 | Closed |
|
|
AC
229
Alexandria Capital
Arlington,
Virginia
| – | -$321K | -17,490 | Closed |
|
|
LOAMS
230
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
| – | -$288K | -15,690 | Closed |
|
|
VAM
231
Visium Asset Management
New York
| – | -$273K | -14,860 | Closed |
|
232
Jane Street
New York
| – | -$243K | -13,240 | Closed |
|
233
Truist Financial
Charlotte,
North Carolina
| – | -$222K | -12,110 | Closed |
|
|
SFA
234
Sequoia Financial Advisors
Akron,
Ohio
| – | -$202K | -11,020 | Closed |
|
|
SEC
235
Seven Eight Capital
New York
| – | -$18K | -1,000 | Closed |
|
|
QT
236
Quantbot Technologies
New York
| – | -$15K | -870 | Closed |
|
|
MCM
237
MV Capital Management
Bethesda,
Maryland
| – | -$2K | -130 | Closed |
|
|
BRWA
238
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1 | -30 | Closed |
|
CSGP Hedge Fund Activity: Q1 2015 in Review
217 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q1 2015, worth a combined $6.7B — up 8.4% from $6.18B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CSGP positions and 21 closed out — a net gain of 6 holders — while 77 added to existing stakes and 81 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $275M. The largest seller was TimesSquare Capital Management, cutting an estimated $83.8M.
- 217 institutional investors held CoStar Group (CSGP) as of Q1 2015, up from 213 in Q4 2014.
- Funds reported $6.7B of CoStar Group stock for Q1 2015, up 8.4% quarter-over-quarter.
- 27 funds opened new CoStar Group positions in Q1 2015 and 21 closed out, a net change of +6 holders.
- The largest CoStar Group buyer in Q1 2015 was Wellington Management Group, an estimated $275M added.
- The largest CoStar Group seller in Q1 2015 was TimesSquare Capital Management, an estimated $83.8M sold.
Based on aggregated 13F filings for Q1 2015.