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CoStar Group

299 hedge funds and large institutions have $8.6B invested in CoStar Group in 2017 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 99 increasing their positions, 111 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

392% more call options, than puts

Call options by funds: $19.8M | Put options by funds: $4.02M

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

26% more capital invested

Capital invested by funds: $6.84B → $8.6B (+$1.76B)

5% more funds holding

Funds holding: 286299 (+13)

8% less funds holding in top 10

Funds holding in top 10: 1312 (-1)

11% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 111

16.26% less ownership

Funds ownership: 1,011.98%995.72% (-16%)

Holders
299
Holders Change
+13
Holders Change %
+4.55%
% of All Funds
7.45%
Holding in Top 10
12
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.69%
% of All Funds
0.3%
New
43
Increased
99
Reduced
111
Closed
27
Calls
$19.8M
Puts
$4.02M
Net Calls
+$15.8M
Net Calls Change
+$17.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
1
BAMCO Inc
New York
$766M -$22.3M -917,950 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$694M +$19.3M +795,210 +3%
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$690M +$606M +24,932,810 +2,015%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$587M +$89.4M +3,673,760 +20%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$557M +$76.7M +3,152,240 +18%
BlackRock
6
BlackRock
New York
$410M +$1.84M +75,550 +0.5%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$383M -$41.4M -1,703,190 -11%
Winslow Capital Management
8
Winslow Capital Management
Minnesota
$242M -$43.5M -1,789,570 -16%
Sands Capital Management
9
Sands Capital Management
Virginia
$233M +$204M +8,377,040 +1,795%
Franklin Resources
10
Franklin Resources
California
$182M -$27.2M -1,119,700 -14%
TCM
11
TimesSquare Capital Management
New York
$171M -$35.6M -1,462,880 -18%
WRF
12
Waddell & Reed Financial
Kansas
$165M -$14.5M -594,800 -9%
Invesco
13
Invesco
Georgia
$157M -$2.56M -105,150 -2%
RP
14
Riverbridge Partners
Minnesota
$157M -$18.1M -743,900 -11%
State Street
15
State Street
Massachusetts
$152M +$1.27M +52,070 +0.9%
BCM
16
Bares Capital Management
Texas
$146M +$612K +25,170 +0.5%
AllianceBernstein
17
AllianceBernstein
Tennessee
$129M +$6.83M +280,660 +6%
Wells Fargo
18
Wells Fargo
California
$116M -$57M -2,342,350 -35%
DDC
19
DF Dent & Co
Maryland
$97M -$11.7M -480,240 -12%
William Blair & Company
20
William Blair & Company
Illinois
$93.7M -$2.62M -107,570 -3%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$93.7M -$29.7M -1,222,000 -26%
Westfield Capital Management
22
Westfield Capital Management
Massachusetts
$79.9M -$1.48M -61,020 -2%
Federated Hermes
23
Federated Hermes
Pennsylvania
$79.3M -$17M -699,980 -19%
Bank of America
24
Bank of America
North Carolina
$73.1M -$1.98M -81,390 -3%
SIMG
25
Stephens Investment Management Group
Texas
$72.8M -$3.82M -157,140 -5%

CSGP Hedge Fund Activity: Q2 2017 in Review

299 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2017, worth a combined $8.6B — up 26% from $6.84B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new CSGP positions and 27 closed out — a net gain of 16 holders — while 99 added to existing stakes and 111 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $606M. The largest seller was Wells Fargo, cutting an estimated $57M.

  • 299 institutional investors held CoStar Group (CSGP) as of Q2 2017, up from 286 in Q1 2017.
  • Funds reported $8.6B of CoStar Group stock for Q2 2017, up 26% quarter-over-quarter.
  • 43 funds opened new CoStar Group positions in Q2 2017 and 27 closed out, a net change of +16 holders.
  • The largest CoStar Group buyer in Q2 2017 was Janus Henderson Group, an estimated $606M added.
  • The largest CoStar Group seller in Q2 2017 was Wells Fargo, an estimated $57M sold.

Based on aggregated 13F filings for Q2 2017.