CoStar Group
CSGP
572 hedge funds and large institutions have $32B invested in CoStar Group in 2020 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 195 increasing their positions, 205 reducing their positions, and 51 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 10 → 18 (+8)
65% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 51
19% more capital invested
Capital invested by funds: $26.8B → $32B (+$5.19B)
5% more funds holding
Funds holding: 543 → 572 (+29)
1.06% more ownership
Funds ownership: 959.95% → 961.01% (+1.1%)
5% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 205
58% less call options, than puts
Call options by funds: $64.1M | Put options by funds: $154M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$365M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$239M |
| 3 |
Alkeon Capital Management
New York
|
+$221M |
| 4 |
PC
Pelham Capital
London,
United Kingdom
|
+$187M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$163M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$192M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$187M |
| 3 |
Goldman Sachs
New York
|
-$180M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$160M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$151M |
CSGP Hedge Fund Activity: Q3 2020 in Review
572 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q3 2020, worth a combined $32B — up 19% from $26.8B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new CSGP positions and 51 closed out — a net gain of 33 holders — while 195 added to existing stakes and 205 trimmed.
The largest buyer was Vulcan Value Partners, opening a new position worth an estimated $365M. The largest seller was Melvin Capital Management, exiting entirely with an estimated $192M sold.
- 572 institutional investors held CoStar Group (CSGP) as of Q3 2020, up from 543 in Q2 2020.
- Funds reported $32B of CoStar Group stock for Q3 2020, up 19% quarter-over-quarter.
- 84 funds opened new CoStar Group positions in Q3 2020 and 51 closed out, a net change of +33 holders.
- The largest CoStar Group buyer in Q3 2020 was Vulcan Value Partners, an estimated $365M added.
- The largest CoStar Group seller in Q3 2020 was Melvin Capital Management, an estimated $192M sold.
Based on aggregated 13F filings for Q3 2020.