CoStar Group
CSGP
250 hedge funds and large institutions have $7.36B invested in CoStar Group in 2016 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 75 increasing their positions, 94 reducing their positions, and 21 closing their positions.
119% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 21
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
14% more capital invested
Capital invested by funds: $6.44B → $7.36B (+$923M)
9% more funds holding
Funds holding: 230 → 250 (+20)
20% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 94
78% less call options, than puts
Call options by funds: $481K | Put options by funds: $2.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$52.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$48M |
| 3 |
LCG
Luxor Capital Group
New York
|
+$47.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.2M |
| 5 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$134M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$38.3M |
| 3 |
JP Morgan Chase
New York
|
-$15.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.3M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$14.8M |
CSGP Hedge Fund Activity: Q2 2016 in Review
250 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2016, worth a combined $7.36B — up 14% from $6.44B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CSGP positions and 21 closed out — a net gain of 25 holders — while 75 added to existing stakes and 94 trimmed.
The largest buyer was Bares Capital Management, opening a new position worth an estimated $52.9M. The largest seller was Wellington Management Group, cutting an estimated $134M.
- 250 institutional investors held CoStar Group (CSGP) as of Q2 2016, up from 230 in Q1 2016.
- Funds reported $7.36B of CoStar Group stock for Q2 2016, up 14% quarter-over-quarter.
- 46 funds opened new CoStar Group positions in Q2 2016 and 21 closed out, a net change of +25 holders.
- The largest CoStar Group buyer in Q2 2016 was Bares Capital Management, an estimated $52.9M added.
- The largest CoStar Group seller in Q2 2016 was Wellington Management Group, an estimated $134M sold.
Based on aggregated 13F filings for Q2 2016.