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CoStar Group

242 hedge funds and large institutions have $7.08B invested in CoStar Group in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 74 increasing their positions, 109 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more call options, than puts

Call options by funds: $10.7M | Put options by funds: $5.33M

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

4% less capital invested

Capital invested by funds: $7.36B → $7.08B (-$285M)

3% less funds holding

Funds holding: 250242 (-8)

23% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 30

32% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 109

Holders
242
Holders Change
-8
Holders Change %
-3.2%
% of All Funds
6.46%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.32%
New
23
Increased
74
Reduced
109
Closed
30
Calls
$10.7M
Puts
$5.33M
Net Calls
+$5.35M
Net Calls Change
+$7.07M
Name Holding Trade Value Shares
Change
Change in
Stake
CWAM
51
Columbia Wanger Asset Management
Illinois
$23.4M -$569K -26,710 -2%
Kayne Anderson Rudnick Investment Management
52
Kayne Anderson Rudnick Investment Management
California
$23.2M +$5.75M +270,180 +34%
CCA
53
Conestoga Capital Advisors
Pennsylvania
$23.1M -$7.46M -350,500 -25%
SEI Investments
54
SEI Investments
Pennsylvania
$22.1M -$1.75M -82,340 -7%
Capital World Investors
55
Capital World Investors
California
$21.7M
GKIM
56
GW&K Investment Management
Massachusetts
$20M +$4.18M +196,180 +27%
SM
57
SCGE Management
California
$19.6M +$8.6M +403,800 +81%
SCA
58
Summit Creek Advisors
Minnesota
$19M -$265K -12,440 -1%
PCM
59
PAR Capital Management
Massachusetts
$18.4M
CCM
60
Cornerstone Capital Management
Minnesota
$18.4M -$25.3M -1,186,130 -58%
CIP
61
Chartwell Investment Partners
Pennsylvania
$17.6M +$17.3M +813,750 New
GGHC
62
Gilder Gagnon Howe & Co
New York
$17.5M -$206K -9,660 -1%
Allianz Asset Management
63
Allianz Asset Management
Germany
$17.2M +$6.8M +319,520 +67%
Charles Schwab
64
Charles Schwab
California
$17.2M +$677K +31,820 +4%
ICP
65
IBIS Capital Partners
United Kingdom
$16.8M +$4.84M +227,430 +41%
PCM
66
Peregrine Capital Management
Minnesota
$16.7M +$16.5M +772,730 New
Mitsubishi UFJ Trust & Banking
67
Mitsubishi UFJ Trust & Banking
Japan
$16.5M +$16.2M +762,600 New
Mackenzie Financial
68
Mackenzie Financial
Ontario, Canada
$16.3M +$4.75M +223,000 +42%
BA
69
BlackRock Advisors
Delaware
$16.1M -$921K -43,240 -5%
California Public Employees Retirement System
70
California Public Employees Retirement System
California
$16.1M -$468K -22,000 -3%
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$14.8M +$128K +6,000 +0.9%
Dimensional Fund Advisors
72
Dimensional Fund Advisors
Texas
$14.8M +$640K +30,040 +5%
RIM
73
Rainier Investment Management
Washington
$14.5M -$5.16M -242,400 -27%
Brown Advisory
74
Brown Advisory
Maryland
$13.4M +$502K +23,560 +4%
CS
75
Credit Suisse
Switzerland
$13M +$721K +33,850 +6%

CSGP Hedge Fund Activity: Q3 2016 in Review

242 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q3 2016, worth a combined $7.08B — down 3.9% from $7.36B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of CSGP and 23 opened new positions — a net loss of 7 holders — while 109 trimmed existing stakes and 74 added.

The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $38.2M. The largest seller was Winslow Capital Management, cutting an estimated $46.8M.

  • 242 institutional investors held CoStar Group (CSGP) as of Q3 2016, down from 250 in Q2 2016.
  • Funds reported $7.08B of CoStar Group stock for Q3 2016, down 3.9% quarter-over-quarter.
  • 23 funds opened new CoStar Group positions in Q3 2016 and 30 closed out, a net change of -7 holders.
  • The largest CoStar Group buyer in Q3 2016 was Baillie Gifford & Co, an estimated $38.2M added.
  • The largest CoStar Group seller in Q3 2016 was Winslow Capital Management, an estimated $46.8M sold.

Based on aggregated 13F filings for Q3 2016.