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CoStar Group

403 hedge funds and large institutions have $14.8B invested in CoStar Group in 2018 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 133 increasing their positions, 152 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 27

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

7% more funds holding

Funds holding: 377403 (+26)

1% more capital invested

Capital invested by funds: $14.6B → $14.8B (+$207M)

5.64% less ownership

Funds ownership: 971.49%965.85% (-5.6%)

13% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 152

22% less call options, than puts

Call options by funds: $9.34M | Put options by funds: $12M

Holders
403
Holders Change
+26
Holders Change %
+6.9%
% of All Funds
9.21%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.32%
New
55
Increased
133
Reduced
152
Closed
27
Calls
$9.34M
Puts
$12M
Net Calls
-$2.61M
Net Calls Change
-$5.29M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.28B +$3.99M +93,450 +0.3%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$1.26B -$36.8M -860,640 -3%
BlackRock
3
BlackRock
New York
$1.2B +$17.1M +399,510 +1%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$1.09B +$1.7M +39,700 +0.2%
BAMCO Inc
5
BAMCO Inc
New York
$1.04B -$5.54M -129,730 -0.5%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$808M -$59.2M -1,384,220 -7%
Sands Capital Management
7
Sands Capital Management
Virginia
$605M -$13.1M -305,950 -2%
William Blair Investment Management
8
William Blair Investment Management
Illinois
$418M -$30.5M -714,160 -7%
Franklin Resources
9
Franklin Resources
California
$399M -$11.7M -273,690 -3%
State Street
10
State Street
Massachusetts
$277M +$19M +445,360 +7%
BCM
11
Bares Capital Management
Texas
$238M -$27M -631,320 -10%
MWNA
12
Marshall Wace North America
New York
$231M +$33.1M +773,730 +16%
Invesco
13
Invesco
Georgia
$225M -$6.94M -162,450 -3%
WRF
14
Waddell & Reed Financial
Kansas
$212M -$874K -20,460 -0.4%
Winslow Capital Management
15
Winslow Capital Management
Minnesota
$211M -$4.76M -111,360 -2%
TCM
16
TimesSquare Capital Management
New York
$202M -$3.63M -84,850 -2%
JP Morgan Chase
17
JP Morgan Chase
New York
$201M +$86.7M +2,027,430 +74%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$182M -$4.14M -96,960 -2%
Bank of America
19
Bank of America
North Carolina
$141M +$10.4M +243,420 +8%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$139M +$7.28M +170,420 +5%
Norges Bank
21
Norges Bank
Norway
$132M +$11.8M +277,080 +10%
RP
22
Riverbridge Partners
Minnesota
$124M -$3.23M -75,640 -2%
PI
23
Putnam Investments
Massachusetts
$120M -$8.56M -200,180 -7%
DDC
24
DF Dent & Co
Maryland
$120M -$1.8M -42,230 -1%
Federated Hermes
25
Federated Hermes
Pennsylvania
$110M -$11.2M -262,790 -9%

CSGP Hedge Fund Activity: Q3 2018 in Review

403 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q3 2018, worth a combined $14.8B — up 1.4% from $14.6B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new CSGP positions and 27 closed out — a net gain of 28 holders — while 133 added to existing stakes and 152 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $86.7M. The largest seller was Fidelity Investments, cutting an estimated $64.9M.

  • 403 institutional investors held CoStar Group (CSGP) as of Q3 2018, up from 377 in Q2 2018.
  • Funds reported $14.8B of CoStar Group stock for Q3 2018, up 1.4% quarter-over-quarter.
  • 55 funds opened new CoStar Group positions in Q3 2018 and 27 closed out, a net change of +28 holders.
  • The largest CoStar Group buyer in Q3 2018 was JP Morgan Chase, an estimated $86.7M added.
  • The largest CoStar Group seller in Q3 2018 was Fidelity Investments, an estimated $64.9M sold.

Based on aggregated 13F filings for Q3 2018.