CoStar Group
CSGP
499 hedge funds and large institutions have $20.7B invested in CoStar Group in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 176 increasing their positions, 198 reducing their positions, and 46 closing their positions.
115% more call options, than puts
Call options by funds: $107M | Put options by funds: $50M
37% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 46
11.52% more ownership
Funds ownership: 952.27% → 963.8% (+12%)
2% more funds holding
Funds holding: 488 → 499 (+11)
0% less capital invested
Capital invested by funds: $20.8B → $20.7B (-$84.9M)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
11% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 198
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$351M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$268M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$146M |
| 4 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
+$123M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$195M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$175M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
-$158M |
| 4 |
BAMCO Inc
New York
|
-$113M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$110M |
CSGP Hedge Fund Activity: Q1 2020 in Review
499 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q1 2020, worth a combined $20.7B — down 0.41% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CSGP positions and 46 closed out — a net gain of 17 holders — while 176 added to existing stakes and 198 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $351M. The largest seller was BlackRock, cutting an estimated $195M.
- 499 institutional investors held CoStar Group (CSGP) as of Q1 2020, up from 488 in Q4 2019.
- Funds reported $20.7B of CoStar Group stock for Q1 2020, down 0.41% quarter-over-quarter.
- 63 funds opened new CoStar Group positions in Q1 2020 and 46 closed out, a net change of +17 holders.
- The largest CoStar Group buyer in Q1 2020 was Principal Financial Group, an estimated $351M added.
- The largest CoStar Group seller in Q1 2020 was BlackRock, an estimated $195M sold.
Based on aggregated 13F filings for Q1 2020.