CoStar Group
CSGP
378 hedge funds and large institutions have $14.6B invested in CoStar Group in 2018 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 129 increasing their positions, 136 reducing their positions, and 33 closing their positions.
52% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 33
15% more call options, than puts
Call options by funds: $20.8M | Put options by funds: $18.1M
13% more capital invested
Capital invested by funds: $12.9B → $14.6B (+$1.69B)
4% more funds holding
Funds holding: 363 → 378 (+15)
5% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 136
13.56% less ownership
Funds ownership: 985.05% → 971.49% (-14%)
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$102M |
| 2 |
BlackRock
New York
|
+$97.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$82.3M |
| 4 |
Bank of New York Mellon
New York
|
+$56.7M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$53.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$151M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$97.9M |
| 3 |
Janus Henderson Group
London,
|
-$74.8M |
| 4 |
Goldman Sachs
New York
|
-$71.3M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$48.5M |
CSGP Hedge Fund Activity: Q2 2018 in Review
378 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2018, worth a combined $14.6B — up 13% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CSGP positions and 33 closed out — a net gain of 17 holders — while 129 added to existing stakes and 136 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $102M. The largest seller was Wellington Management Group, cutting an estimated $151M.
- 378 institutional investors held CoStar Group (CSGP) as of Q2 2018, up from 363 in Q1 2018.
- Funds reported $14.6B of CoStar Group stock for Q2 2018, up 13% quarter-over-quarter.
- 50 funds opened new CoStar Group positions in Q2 2018 and 33 closed out, a net change of +17 holders.
- The largest CoStar Group buyer in Q2 2018 was JP Morgan Chase, an estimated $102M added.
- The largest CoStar Group seller in Q2 2018 was Wellington Management Group, an estimated $151M sold.
Based on aggregated 13F filings for Q2 2018.