CoStar Group
CSGP
482 hedge funds and large institutions have $20.6B invested in CoStar Group in 2019 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 165 increasing their positions, 187 reducing their positions, and 36 closing their positions.
106% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 36
9% more funds holding
Funds holding: 444 → 482 (+38)
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
6% more capital invested
Capital invested by funds: $19.4B → $20.6B (+$1.16B)
12% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 187
16.31% less ownership
Funds ownership: 966.56% → 950.25% (-16%)
53% less call options, than puts
Call options by funds: $11M | Put options by funds: $23.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
| 2 |
Goldman Sachs
New York
|
+$105M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$97.5M |
| 4 |
MCM
Melvin Capital Management
New York
|
+$79.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$77.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$273M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$174M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$173M |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
-$103M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$75.3M |
CSGP Hedge Fund Activity: Q3 2019 in Review
482 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q3 2019, worth a combined $20.6B — up 6% from $19.4B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new CSGP positions and 36 closed out — a net gain of 38 holders — while 165 added to existing stakes and 187 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $112M. The largest seller was Janus Henderson Group, cutting an estimated $273M.
- 482 institutional investors held CoStar Group (CSGP) as of Q3 2019, up from 444 in Q2 2019.
- Funds reported $20.6B of CoStar Group stock for Q3 2019, up 6% quarter-over-quarter.
- 74 funds opened new CoStar Group positions in Q3 2019 and 36 closed out, a net change of +38 holders.
- The largest CoStar Group buyer in Q3 2019 was Fidelity Investments, an estimated $112M added.
- The largest CoStar Group seller in Q3 2019 was Janus Henderson Group, an estimated $273M sold.
Based on aggregated 13F filings for Q3 2019.