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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
RFC
51
Russell Frank Company
Washington
$17.6M +$3.64M +224,370 +22%
Millennium Management
52
Millennium Management
New York
$16M -$1.76M -108,420 -10%
Capital World Investors
53
Capital World Investors
California
$15.8M
CC
54
Crosslink Capital
California
$15.5M +$15.9M +982,940 New
RIM
55
Rainier Investment Management
Washington
$15.5M +$15.9M +981,000 New
Kayne Anderson Rudnick Investment Management
56
Kayne Anderson Rudnick Investment Management
California
$15.1M +$14.1M +870,550 +1,026%
HCS
57
Harvest Capital Strategies
California
$14.7M +$3.69M +227,500 +33%
Renaissance Technologies
58
Renaissance Technologies
New York
$14.6M -$9.49M -585,980 -39%
California Public Employees Retirement System
59
California Public Employees Retirement System
California
$13.4M -$1.29M -79,350 -9%
ACH
60
ArrowMark Colorado Holdings
Colorado
$13M +$4.52M +278,710 +51%
Loomis, Sayles & Company
61
Loomis, Sayles & Company
Massachusetts
$13M -$548K -33,800 -4%
SCA
62
Summit Creek Advisors
Minnesota
$12.3M +$2.64M +162,730 +26%
Capital Research Global Investors
63
Capital Research Global Investors
California
$11.6M -$12.8M -792,000 -52%
Axa
64
Axa
France
$11.1M +$5.38M +332,000 +90%
MTIP
65
Magee Thomson Investment Partners
California
$10.8M -$888K -54,800 -7%
PP
66
Paloma Partners
Connecticut
$10.8M +$11M +681,440 New
TAM
67
Telemark Asset Management
Massachusetts
$9.49M +$4.86M +300,000 +100%
Charles Schwab
68
Charles Schwab
California
$9.29M -$6.82M -421,110 -42%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$9.27M +$1.08M +66,700 +13%
AAMU
70
Amundi Asset Management US
Massachusetts
$9.17M -$451K -27,810 -5%
DGI
71
Disciplined Growth Investors
Minnesota
$9.14M -$1.69M -104,510 -15%
Deutsche Bank
72
Deutsche Bank
Germany
$8.96M -$3.67M -226,810 -29%
New York State Common Retirement Fund
73
New York State Common Retirement Fund
New York
$8.72M +$806K +49,740 +10%
TCIM
74
TIAA CREF Investment Management
New York
$8.48M -$10.5M -649,630 -55%
TCM
75
Trafelet Capital Management
New York
$8.24M +$4.12M +254,000 +95%

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.