CoStar Group
CSGP
500 hedge funds and large institutions have $20.6B invested in CoStar Group in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 175 increasing their positions, 199 reducing their positions, and 45 closing their positions.
115% more call options, than puts
Call options by funds: $107M | Put options by funds: $50M
40% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 45
6.81% more ownership
Funds ownership: 952.27% → 959.09% (+6.8%)
2% more funds holding
Funds holding: 489 → 500 (+11)
1% less capital invested
Capital invested by funds: $20.9B → $20.6B (-$227M)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
12% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 199
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$351M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$268M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$146M |
| 4 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
+$123M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$195M |
| 2 |
Janus Henderson Group
London,
|
-$175M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
-$158M |
| 4 |
BAMCO Inc
New York
|
-$113M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$110M |
CSGP Hedge Fund Activity: Q1 2020 in Review
500 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q1 2020, worth a combined $20.6B — down 1.1% from $20.9B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CSGP positions and 45 closed out — a net gain of 18 holders — while 175 added to existing stakes and 199 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $351M. The largest seller was BlackRock, cutting an estimated $195M.
- 500 institutional investors held CoStar Group (CSGP) as of Q1 2020, up from 489 in Q4 2019.
- Funds reported $20.6B of CoStar Group stock for Q1 2020, down 1.1% quarter-over-quarter.
- 63 funds opened new CoStar Group positions in Q1 2020 and 45 closed out, a net change of +18 holders.
- The largest CoStar Group buyer in Q1 2020 was Principal Financial Group, an estimated $351M added.
- The largest CoStar Group seller in Q1 2020 was BlackRock, an estimated $195M sold.
Based on aggregated 13F filings for Q1 2020.