CoStar Group
CSGP
224 hedge funds and large institutions have $5.86B invested in CoStar Group in 2015 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 86 increasing their positions, 77 reducing their positions, and 22 closing their positions.
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
12% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 77
3% more funds holding
Funds holding: 217 → 224 (+7)
13% less capital invested
Capital invested by funds: $6.7B → $5.86B (-$839M)
32% less call options, than puts
Call options by funds: $1.83M | Put options by funds: $2.69M
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$75.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$46.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$46.1M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
+$20.2M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$196M |
| 2 |
FAM
Fred Alger Management
New York
|
-$35.6M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$25M |
| 4 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
-$16.3M |
| 5 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$16.1M |
CSGP Hedge Fund Activity: Q3 2015 in Review
224 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q3 2015, worth a combined $5.86B — down 13% from $6.7B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CSGP positions and 22 closed out — a net gain of 9 holders — while 86 added to existing stakes and 77 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $75.3M. The largest seller was William Blair & Company, cutting an estimated $196M.
- 224 institutional investors held CoStar Group (CSGP) as of Q3 2015, up from 217 in Q2 2015.
- Funds reported $5.86B of CoStar Group stock for Q3 2015, down 13% quarter-over-quarter.
- 31 funds opened new CoStar Group positions in Q3 2015 and 22 closed out, a net change of +9 holders.
- The largest CoStar Group buyer in Q3 2015 was Wellington Management Group, an estimated $75.3M added.
- The largest CoStar Group seller in Q3 2015 was William Blair & Company, an estimated $196M sold.
Based on aggregated 13F filings for Q3 2015.