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CoStar Group

543 hedge funds and large institutions have $26.8B invested in CoStar Group in 2020 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 214 increasing their positions, 175 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 39

29% more capital invested

Capital invested by funds: $20.7B → $26.8B (+$6.09B)

22% more repeat investments, than reductions

Existing positions increased: 214 | Existing positions reduced: 175

9% more funds holding

Funds holding: 499543 (+44)

6% less call options, than puts

Call options by funds: $134M | Put options by funds: $142M

3.84% less ownership

Funds ownership: 963.8%959.95% (-3.8%)

23% less funds holding in top 10

Funds holding in top 10: 1310 (-3)

Holders
543
Holders Change
+44
Holders Change %
+8.82%
% of All Funds
11.13%
Holding in Top 10
10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-23.08%
% of All Funds
0.21%
New
86
Increased
214
Reduced
175
Closed
39
Calls
$134M
Puts
$142M
Net Calls
-$7.9M
Net Calls Change
-$65.4M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$3.36B +$376M +5,818,900 +14%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.55B +$117M +1,810,910 +5%
BlackRock
3
BlackRock
New York
$2.4B +$263M +4,065,870 +14%
BAMCO Inc
4
BAMCO Inc
New York
$1.49B +$614K +9,500 +0%
Janus Henderson Group
5
Janus Henderson Group
United Kingdom
$1.09B +$65.4M +1,011,480 +7%
Sands Capital Management
6
Sands Capital Management
Virginia
$679M -$116M -1,791,740 -16%
ACM
7
AKRE Capital Management
Virginia
$679M +$334M +5,170,410 +118%
Franklin Resources
8
Franklin Resources
California
$659M +$53M +820,120 +10%
Principal Financial Group
9
Principal Financial Group
Iowa
$571M +$168M +2,597,880 +48%
State Street
10
State Street
Massachusetts
$570M +$12.3M +190,510 +2%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$541M -$19.9M -308,420 -4%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$524M +$48.9M +756,470 +11%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$426M +$57.4M +887,880 +17%
JP Morgan Chase
14
JP Morgan Chase
New York
$355M -$19.1M -295,470 -6%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$317M +$14.1M +217,710 +5%
Baillie Gifford & Co
16
Baillie Gifford & Co
United Kingdom
$314M +$22.9M +354,210 +9%
Select Equity Group
17
Select Equity Group
New York
$291M -$131M -2,030,010 -33%
WRF
18
Waddell & Reed Financial
Kansas
$280M -$16.6M -256,260 -6%
Norges Bank
19
Norges Bank
Norway
$278M +$44.7M +691,070 +21%
Wells Fargo
20
Wells Fargo
California
$265M +$46.9M +725,670 +24%
BCM
21
Bares Capital Management
Texas
$264M -$3.62M -56,010 -1%
Invesco
22
Invesco
Georgia
$255M -$50.4M -779,300 -18%
Goldman Sachs
23
Goldman Sachs
New York
$255M -$27M -416,980 -10%
N
24
Nuveen
North Carolina
$249M +$141M +2,186,440 +165%
Bank of America
25
Bank of America
North Carolina
$234M +$22.2M +343,510 +12%

CSGP Hedge Fund Activity: Q2 2020 in Review

543 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2020, worth a combined $26.8B — up 29% from $20.7B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new CSGP positions and 39 closed out — a net gain of 47 holders — while 214 added to existing stakes and 175 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $376M. The largest seller was Melvin Capital Management, cutting an estimated $219M.

  • 543 institutional investors held CoStar Group (CSGP) as of Q2 2020, up from 499 in Q1 2020.
  • Funds reported $26.8B of CoStar Group stock for Q2 2020, up 29% quarter-over-quarter.
  • 86 funds opened new CoStar Group positions in Q2 2020 and 39 closed out, a net change of +47 holders.
  • The largest CoStar Group buyer in Q2 2020 was T. Rowe Price Associates, an estimated $376M added.
  • The largest CoStar Group seller in Q2 2020 was Melvin Capital Management, an estimated $219M sold.

Based on aggregated 13F filings for Q2 2020.