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CoStar Group

236 hedge funds and large institutions have $5.12B invested in CoStar Group in 2014 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 94 increasing their positions, 78 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

218% more call options, than puts

Call options by funds: $12.3M | Put options by funds: $3.86M

21% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 78

2% less capital invested

Capital invested by funds: $5.21B → $5.12B (-$91.5M)

6% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 49

1% less funds holding

Funds holding: 239236 (-3)

60% less funds holding in top 10

Funds holding in top 10: 104 (-6)

Holders
236
Holders Change
-3
Holders Change %
-1.26%
% of All Funds
6.78%
Holding in Top 10
4
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-60%
% of All Funds
0.11%
New
46
Increased
94
Reduced
78
Closed
49
Calls
$12.3M
Puts
$3.86M
Net Calls
+$8.4M
Net Calls Change
+$4.81M
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
1
BAMCO Inc
New York
$375M +$25.9M +1,597,330 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$292M +$23.7M +1,462,850 +9%
Wells Fargo
3
Wells Fargo
California
$255M +$72.2M +4,454,610 +38%
TCM
4
TimesSquare Capital Management
New York
$241M +$28.6M +1,764,330 +13%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$204M +$9.03M +557,500 +5%
William Blair & Company
6
William Blair & Company
Illinois
$203M +$51.8M +3,198,720 +33%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$189M +$60.1M +3,710,710 +45%
AllianceBernstein
8
AllianceBernstein
Tennessee
$177M +$15M +924,400 +9%
JHIU
9
Janus Henderson Investors US
Colorado
$162M +$29.4M +1,817,520 +21%
American Century Companies
10
American Century Companies
Missouri
$152M +$33.1M +2,045,480 +27%
Winslow Capital Management
11
Winslow Capital Management
Minnesota
$138M +$142M +8,734,900 New
FAM
12
Fred Alger Management
New York
$123M +$105M +6,476,000 +504%
BIT
13
BlackRock Institutional Trust
California
$113M -$12.2M -752,680 -10%
KCM
14
Kornitzer Capital Management
Kansas
$106M -$624K -38,500 -0.6%
JP Morgan Chase
15
JP Morgan Chase
New York
$103M +$64M +3,951,840 +154%
RP
16
Riverbridge Partners
Minnesota
$100M +$3.58M +221,130 +4%
Invesco
17
Invesco
Georgia
$88.5M -$15.4M -949,350 -15%
Norges Bank
18
Norges Bank
Norway
$82.9M +$46.6M +2,877,960 +122%
DDC
19
DF Dent & Co
Maryland
$81.7M +$2.68M +165,210 +3%
Artisan Partners
20
Artisan Partners
Wisconsin
$78.8M +$5.56M +343,350 +7%
Ameriprise
21
Ameriprise
Minnesota
$78M +$26.3M +1,624,630 +49%
WRF
22
Waddell & Reed Financial
Kansas
$76M +$77.9M +4,807,850 New
O
23
OppenheimerFunds
New York
$72.5M +$2.65M +163,400 +4%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$68.4M +$10.9M +671,570 +18%
Federated Hermes
25
Federated Hermes
Pennsylvania
$67.2M +$2.77M +170,730 +4%

CSGP Hedge Fund Activity: Q2 2014 in Review

236 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2014, worth a combined $5.12B — down 1.8% from $5.21B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of CSGP and 46 opened new positions — a net loss of 3 holders — while 78 trimmed existing stakes and 94 added.

The largest buyer was Winslow Capital Management, opening a new position worth an estimated $142M. The largest seller was BlackRock Fund Advisors, cutting an estimated $83.9M.

  • 236 institutional investors held CoStar Group (CSGP) as of Q2 2014, down from 239 in Q1 2014.
  • Funds reported $5.12B of CoStar Group stock for Q2 2014, down 1.8% quarter-over-quarter.
  • 46 funds opened new CoStar Group positions in Q2 2014 and 49 closed out, a net change of -3 holders.
  • The largest CoStar Group buyer in Q2 2014 was Winslow Capital Management, an estimated $142M added.
  • The largest CoStar Group seller in Q2 2014 was BlackRock Fund Advisors, an estimated $83.9M sold.

Based on aggregated 13F filings for Q2 2014.