CoStar Group
CSGP
734 hedge funds and large institutions have $34.6B invested in CoStar Group in 2023 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 282 increasing their positions, 262 reducing their positions, and 50 closing their positions.
108% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 50
15% more funds holding in top 10
Funds holding in top 10: 20 → 23 (+3)
15% more capital invested
Capital invested by funds: $30.2B → $34.6B (+$4.47B)
7% more funds holding
Funds holding: 688 → 734 (+46)
1.23% more ownership
Funds ownership: 95.99% → 97.21% (+1.2%)
8% more repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 262
7% more call options, than puts
Call options by funds: $74.6M | Put options by funds: $70.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$271M |
| 2 |
Morgan Stanley
New York
|
+$271M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$85M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$79.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$70.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$187M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$176M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$171M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$74.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$60.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIC
776
Northwest Investment Counselors
Lake Oswego,
Oregon
| – | -$4.61K | -60 | Closed |
|
|
HPC
777
HM Payson & Co
Portland,
Maine
| – | -$3.85K | -50 | Closed |
|
|
OLVIG
778
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| – | -$2.38K | -31 | Closed |
|
|
SCA
779
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$2.31K | -30 | Closed |
|
780
EARNEST Partners
Atlanta,
Georgia
| – | -$1.54K | -20 | Closed |
|
|
PCTC
781
Perkins Coie Trust Company
Seattle,
Washington
| – | -$1.23K | -16 | Closed |
|
|
GJIA
782
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| – | -$769 | -10 | Closed |
|
|
MIFH
783
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$1K | -7 | Closed |
|
|
NSIM
784
North Star Investment Management
Chicago,
Illinois
| – | -$538 | -7 | Closed |
|
CSGP Hedge Fund Activity: Q4 2023 in Review
734 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q4 2023, worth a combined $34.6B — up 15% from $30.2B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new CSGP positions and 50 closed out — a net gain of 54 holders — while 282 added to existing stakes and 262 trimmed.
The largest buyer was BlackRock, adding an estimated $271M. The largest seller was Sands Capital Management, cutting an estimated $187M.
- 734 institutional investors held CoStar Group (CSGP) as of Q4 2023, up from 688 in Q3 2023.
- Funds reported $34.6B of CoStar Group stock for Q4 2023, up 15% quarter-over-quarter.
- 104 funds opened new CoStar Group positions in Q4 2023 and 50 closed out, a net change of +54 holders.
- The largest CoStar Group buyer in Q4 2023 was BlackRock, an estimated $271M added.
- The largest CoStar Group seller in Q4 2023 was Sands Capital Management, an estimated $187M sold.
Based on aggregated 13F filings for Q4 2023.