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CoStar Group

592 hedge funds and large institutions have $31.2B invested in CoStar Group in 2021 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 226 increasing their positions, 203 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 203

7.25% more ownership

Funds ownership: 956.05%963.3% (+7.2%)

4% less funds holding

Funds holding: 614592 (-22)

11% less capital invested

Capital invested by funds: $34.9B → $31.2B (-$3.7B)

17% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 84

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

37% less call options, than puts

Call options by funds: $86.6M | Put options by funds: $137M

Holders
592
Holders Change
-22
Holders Change %
-3.58%
% of All Funds
10.4%
Holding in Top 10
11
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-26.67%
% of All Funds
0.19%
New
70
Increased
226
Reduced
203
Closed
84
Calls
$86.6M
Puts
$137M
Net Calls
-$50.7M
Net Calls Change
-$45.1M
Name Holding Trade Value Shares
Change
Change in
Stake
GIM
51
Granahan Investment Management
Massachusetts
$114M +$13M +150,170 +12%
APG Asset Management
52
APG Asset Management
Netherlands
$112M +$36.8M +426,100 +36%
JP Morgan Chase
53
JP Morgan Chase
New York
$105M -$218M -2,523,470 -66%
Korea Investment Corp
54
Korea Investment Corp
South Korea
$104M -$5.19M -60,150 -5%
ESCM
55
Echo Street Capital Management
New York
$103M +$11.7M +135,730 +12%
Charles Schwab
56
Charles Schwab
California
$98.7M +$1.15M +13,280 +1%
SIG
57
Senator Investment Group
New York
$98.6M +$38.8M +450,000 +60%
Kayne Anderson Rudnick Investment Management
58
Kayne Anderson Rudnick Investment Management
California
$98M +$939K +10,880 +0.9%
Goldman Sachs
59
Goldman Sachs
New York
$94M -$24.3M -281,170 -20%
TD Asset Management
60
TD Asset Management
Ontario, Canada
$93.3M -$2.13M -24,680 -2%
Teacher Retirement System of Texas
61
Teacher Retirement System of Texas
Texas
$86.9M -$10.4M -120,500 -10%
TCM
62
TimesSquare Capital Management
New York
$83.1M -$36.5M -423,130 -30%
Envestnet Asset Management
63
Envestnet Asset Management
Illinois
$75.2M +$24.9M +288,480 +46%
William Blair Investment Management
64
William Blair Investment Management
Illinois
$74.6M -$951K -11,010 -1%
Mitsubishi UFJ Trust & Banking
65
Mitsubishi UFJ Trust & Banking
Japan
$72.2M +$15.8M +182,690 +26%
WIM
66
Weitz Investment Management
Nebraska
$68.6M +$3.02M +35,000 +4%
RG
67
Rathbones Group
United Kingdom
$68.1M +$518K +6,000 +0.7%
Dimensional Fund Advisors
68
Dimensional Fund Advisors
Texas
$67.4M -$212K -2,450 -0.3%
California Public Employees Retirement System
69
California Public Employees Retirement System
California
$67M -$10.2M -118,230 -13%
Westfield Capital Management
70
Westfield Capital Management
Massachusetts
$65M +$1.06M +12,260 +2%
Baird Financial Group
71
Baird Financial Group
Wisconsin
$64.8M -$4.12M -47,760 -6%
American Century Companies
72
American Century Companies
Missouri
$63.4M -$155M -1,792,480 -70%
California State Teachers Retirement System (CalSTRS)
73
California State Teachers Retirement System (CalSTRS)
California
$60.5M +$439K +5,080 +0.7%
PPA
74
Parametric Portfolio Associates
Washington
$59.6M -$5.27M -61,010 -8%
ACM
75
American Capital Management
New York
$58.2M +$837K +9,700 +1%

CSGP Hedge Fund Activity: Q1 2021 in Review

592 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q1 2021, worth a combined $31.2B — down 11% from $34.9B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of CSGP and 70 opened new positions — a net loss of 14 holders — while 203 trimmed existing stakes and 226 added.

The largest buyer was Baillie Gifford & Co, adding an estimated $578M. The largest seller was Fidelity Investments, cutting an estimated $412M.

  • 592 institutional investors held CoStar Group (CSGP) as of Q1 2021, down from 614 in Q4 2020.
  • Funds reported $31.2B of CoStar Group stock for Q1 2021, down 11% quarter-over-quarter.
  • 70 funds opened new CoStar Group positions in Q1 2021 and 84 closed out, a net change of -14 holders.
  • The largest CoStar Group buyer in Q1 2021 was Baillie Gifford & Co, an estimated $578M added.
  • The largest CoStar Group seller in Q1 2021 was Fidelity Investments, an estimated $412M sold.

Based on aggregated 13F filings for Q1 2021.