CoStar Group
CSGP
230 hedge funds and large institutions have $6.4B invested in CoStar Group in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 96 increasing their positions, 70 reducing their positions, and 22 closing their positions.
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
37% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 70
4% more funds holding
Funds holding: 222 → 230 (+8)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
8% less capital invested
Capital invested by funds: $6.97B → $6.4B (-$572M)
56% less call options, than puts
Call options by funds: $377K | Put options by funds: $848K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$67.5M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$36.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$18.6M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$18.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$28.1M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$20.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$19.9M |
| 5 |
JP Morgan Chase
New York
|
-$17.9M |
CSGP Hedge Fund Activity: Q1 2016 in Review
230 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q1 2016, worth a combined $6.4B — down 8.2% from $6.97B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CSGP positions and 22 closed out — a net gain of 10 holders — while 96 added to existing stakes and 70 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $67.5M. The largest seller was Wellington Management Group, cutting an estimated $40.6M.
- 230 institutional investors held CoStar Group (CSGP) as of Q1 2016, up from 222 in Q4 2015.
- Funds reported $6.4B of CoStar Group stock for Q1 2016, down 8.2% quarter-over-quarter.
- 32 funds opened new CoStar Group positions in Q1 2016 and 22 closed out, a net change of +10 holders.
- The largest CoStar Group buyer in Q1 2016 was Janus Henderson Investors US, an estimated $67.5M added.
- The largest CoStar Group seller in Q1 2016 was Wellington Management Group, an estimated $40.6M sold.
Based on aggregated 13F filings for Q1 2016.