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CoStar Group

236 hedge funds and large institutions have $5.12B invested in CoStar Group in 2014 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 94 increasing their positions, 78 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

218% more call options, than puts

Call options by funds: $12.3M | Put options by funds: $3.86M

21% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 78

2% less capital invested

Capital invested by funds: $5.21B → $5.12B (-$91.5M)

6% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 49

1% less funds holding

Funds holding: 239236 (-3)

60% less funds holding in top 10

Funds holding in top 10: 104 (-6)

Holders
236
Holders Change
-3
Holders Change %
-1.26%
% of All Funds
6.78%
Holding in Top 10
4
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-60%
% of All Funds
0.11%
New
46
Increased
94
Reduced
78
Closed
49
Calls
$12.3M
Puts
$3.86M
Net Calls
+$8.4M
Net Calls Change
+$4.81M
Name Holding Trade Value Shares
Change
Change in
Stake
DCM
26
Daruma Capital Management
New York
$65.5M -$425K -26,200 -0.6%
Massachusetts Financial Services
27
Massachusetts Financial Services
Massachusetts
$63.2M +$64.7M +3,993,050 New
Northern Trust
28
Northern Trust
Illinois
$59.1M -$40.8M -2,520,080 -40%
GGHC
29
Gilder Gagnon Howe & Co
New York
$55.7M +$27.8M +1,715,080 +95%
State Street
30
State Street
Massachusetts
$54.5M -$30M -1,853,920 -35%
CCI
31
Columbus Circle Investors
$51.1M -$15.1M -930,290 -22%
GIM
32
Granahan Investment Management
Massachusetts
$48M +$10.4M +643,640 +27%
SIMG
33
Stephens Investment Management Group
Texas
$47.2M +$111K +6,850 +0.2%
GCM
34
Geneva Capital Management
Wisconsin
$44.2M -$2.7M -166,440 -6%
MAA
35
Managed Account Advisors
New Jersey
$35M +$10.8M +664,370 +43%
NFA
36
Nationwide Fund Advisors
Ohio
$34.6M +$367K +22,680 +1%
BFA
37
BlackRock Fund Advisors
California
$34.4M -$83.9M -5,179,980 -70%
CCA
38
Conestoga Capital Advisors
Pennsylvania
$33M -$1.65M -101,730 -5%
IIS
39
Ignis Investment Services
United Kingdom
$29.3M +$3.01M +185,950 New
Brown Advisory
40
Brown Advisory
Maryland
$28.5M -$1.4M -86,530 -5%
NCGI
41
Next Century Growth Investors
Minnesota
$28.1M -$23.9M -1,478,120 -45%
GKIM
42
GW&K Investment Management
Massachusetts
$27.5M +$2.08M +128,150 +8%
Dimensional Fund Advisors
43
Dimensional Fund Advisors
Texas
$26.1M -$4.2M -259,020 -14%
Geode Capital Management
44
Geode Capital Management
Massachusetts
$25.5M +$964K +59,490 +4%
MSA
45
Mason Street Advisors
Wisconsin
$24.3M +$2.74M +169,100 +12%
Lord, Abbett & Co
46
Lord, Abbett & Co
New Jersey
$23.5M -$26.9M -1,661,180 -53%
Franklin Resources
47
Franklin Resources
California
$22.9M +$23.4M +1,445,000 New
Bank of New York Mellon
48
Bank of New York Mellon
New York
$21.4M -$8.46M -521,960 -28%
Westfield Capital Management
49
Westfield Capital Management
Massachusetts
$19.7M -$7.97M -491,750 -28%
CS
50
Credit Suisse
Switzerland
$18.2M +$7.48M +461,600 +67%

CSGP Hedge Fund Activity: Q2 2014 in Review

236 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2014, worth a combined $5.12B — down 1.8% from $5.21B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of CSGP and 46 opened new positions — a net loss of 3 holders — while 78 trimmed existing stakes and 94 added.

The largest buyer was Winslow Capital Management, opening a new position worth an estimated $142M. The largest seller was BlackRock Fund Advisors, cutting an estimated $83.9M.

  • 236 institutional investors held CoStar Group (CSGP) as of Q2 2014, down from 239 in Q1 2014.
  • Funds reported $5.12B of CoStar Group stock for Q2 2014, down 1.8% quarter-over-quarter.
  • 46 funds opened new CoStar Group positions in Q2 2014 and 49 closed out, a net change of -3 holders.
  • The largest CoStar Group buyer in Q2 2014 was Winslow Capital Management, an estimated $142M added.
  • The largest CoStar Group seller in Q2 2014 was BlackRock Fund Advisors, an estimated $83.9M sold.

Based on aggregated 13F filings for Q2 2014.