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CoStar Group

382 hedge funds and large institutions have $11.9B invested in CoStar Group in 2018 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 137 increasing their positions, 155 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.89% more ownership

Funds ownership: 965.85%970.74% (+4.9%)

5% less funds holding

Funds holding: 403382 (-21)

12% less repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 155

20% less capital invested

Capital invested by funds: $14.8B → $11.9B (-$2.9B)

29% less funds holding in top 10

Funds holding in top 10: 1410 (-4)

30% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 63

65% less call options, than puts

Call options by funds: $7.25M | Put options by funds: $20.4M

Holders
382
Holders Change
-21
Holders Change %
-5.21%
% of All Funds
8.51%
Holding in Top 10
10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-28.57%
% of All Funds
0.22%
New
44
Increased
137
Reduced
155
Closed
63
Calls
$7.25M
Puts
$20.4M
Net Calls
-$13.2M
Net Calls Change
-$10.6M
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
76
California Public Employees Retirement System
California
$19.8M -$1.57M -43,090 -7%
Asset Management One
77
Asset Management One
Japan
$19.8M -$259K -7,100 -1%
Deutsche Bank
78
Deutsche Bank
Germany
$19.7M -$17.7M -484,490 -45%
Kayne Anderson Rudnick Investment Management
79
Kayne Anderson Rudnick Investment Management
California
$19.2M -$2.63M -71,970 -11%
Arrowstreet Capital
80
Arrowstreet Capital
Massachusetts
$18.2M -$31.1M -850,380 -61%
National Pension Service
81
National Pension Service
South Korea
$17.8M +$716K +19,590 +5%
Ohio Public Employees Retirement System (OPERS)
82
Ohio Public Employees Retirement System (OPERS)
Ohio
$16.9M +$1.17M +31,950 +7%
SO
83
STRS Ohio
Ohio
$16.2M -$56.6K -1,550 -0.3%
Teacher Retirement System of Texas
84
Teacher Retirement System of Texas
Texas
$16.1M +$13.9M +381,040 +396%
APG Asset Management
85
APG Asset Management
Netherlands
$16.1M +$16.9M +462,000 +557%
State Board of Administration of Florida Retirement System
86
State Board of Administration of Florida Retirement System
Florida
$15.7M -$176K -4,820 -1%
PMAM
87
Picton Mahoney Asset Management
Ontario, Canada
$14.4M +$7.38M +202,160 +90%
Loomis, Sayles & Company
88
Loomis, Sayles & Company
Massachusetts
$13.8M +$2.73M +74,850 +22%
Squarepoint
89
Squarepoint
New York
$13.6M +$10.7M +294,060 +272%
GF
90
Greenhouse Funds
Maryland
$13.3M +$6.58M +180,000 +85%
RhumbLine Advisers
91
RhumbLine Advisers
Massachusetts
$12.9M -$340K -9,310 -2%
ACM
92
Ashford Capital Management
Delaware
$12.6M +$350K +9,580 +3%
ClearBridge Investments
93
ClearBridge Investments
New York
$11.6M +$8.4K +230 +0.1%
Stifel Financial
94
Stifel Financial
Missouri
$11M +$84.7K +2,320 +0.7%
CS
95
Credit Suisse
Switzerland
$10.9M -$568K -15,540 -5%
SCP
96
Sandhill Capital Partners
New York
$10.9M +$222K +6,090 +2%
AQR Capital Management
97
AQR Capital Management
Connecticut
$10.8M -$4.04M -110,700 -26%
Susquehanna International Group
98
Susquehanna International Group
Pennsylvania
$10.8M +$7.18M +196,670 +158%
Barclays
99
Barclays
United Kingdom
$10.7M +$3.14M +86,040 +37%
Marshall Wace
100
Marshall Wace
United Kingdom
$10.5M +$3.3M +90,420 +41%

CSGP Hedge Fund Activity: Q4 2018 in Review

382 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q4 2018, worth a combined $11.9B — down 20% from $14.8B a quarter earlier.

Sellers outnumbered buyers: 63 funds closed out of CSGP and 44 opened new positions — a net loss of 19 holders — while 155 trimmed existing stakes and 137 added.

The largest buyer was Select Equity Group, adding an estimated $137M. The largest seller was T. Rowe Price Associates, cutting an estimated $183M.

  • 382 institutional investors held CoStar Group (CSGP) as of Q4 2018, down from 403 in Q3 2018.
  • Funds reported $11.9B of CoStar Group stock for Q4 2018, down 20% quarter-over-quarter.
  • 44 funds opened new CoStar Group positions in Q4 2018 and 63 closed out, a net change of -19 holders.
  • The largest CoStar Group buyer in Q4 2018 was Select Equity Group, an estimated $137M added.
  • The largest CoStar Group seller in Q4 2018 was T. Rowe Price Associates, an estimated $183M sold.

Based on aggregated 13F filings for Q4 2018.