CoStar Group
CSGP
207 hedge funds and large institutions have $4.66B invested in CoStar Group in 2013 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 69 increasing their positions, 83 reducing their positions, and 11 closing their positions.
227% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 11
28% more capital invested
Capital invested by funds: $3.63B → $4.66B (+$1.03B)
13% more funds holding
Funds holding: 184 → 207 (+23)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
10% less call options, than puts
Call options by funds: $19.8M | Put options by funds: $22.1M
17% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.8M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$18.9M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$18.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$16.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$37.1M |
| 2 |
Morgan Stanley
New York
|
-$31.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$27.2M |
| 4 |
DCM
Daruma Capital Management
New York
|
-$24.6M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$19.3M |
CSGP Hedge Fund Activity: Q3 2013 in Review
207 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q3 2013, worth a combined $4.66B — up 28% from $3.63B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CSGP positions and 11 closed out — a net gain of 25 holders — while 69 added to existing stakes and 83 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $27.8M. The largest seller was Next Century Growth Investors, cutting an estimated $37.1M.
- 207 institutional investors held CoStar Group (CSGP) as of Q3 2013, up from 184 in Q2 2013.
- Funds reported $4.66B of CoStar Group stock for Q3 2013, up 28% quarter-over-quarter.
- 36 funds opened new CoStar Group positions in Q3 2013 and 11 closed out, a net change of +25 holders.
- The largest CoStar Group buyer in Q3 2013 was Fidelity Investments, an estimated $27.8M added.
- The largest CoStar Group seller in Q3 2013 was Next Century Growth Investors, an estimated $37.1M sold.
Based on aggregated 13F filings for Q3 2013.