CoStar Group
CSGP
544 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.
121% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 39
30% more capital invested
Capital invested by funds: $20.6B → $26.8B (+$6.18B)
22% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 175
9% more funds holding
Funds holding: 500 → 544 (+44)
0.58% more ownership
Funds ownership: 959.09% → 959.67% (+0.58%)
6% less call options, than puts
Call options by funds: $134M | Put options by funds: $142M
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$376M |
| 2 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
+$334M |
| 3 |
BlackRock
New York
|
+$263M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$168M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$141M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$219M |
| 2 |
Select Equity Group
New York
|
-$131M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$126M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$116M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$68.2M |
CSGP Hedge Fund Activity: Q2 2020 in Review
544 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2020, worth a combined $26.8B — up 30% from $20.6B 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.
- 544 institutional investors held CoStar Group (CSGP) as of Q2 2020, up from 500 in Q1 2020.
- Funds reported $26.8B of CoStar Group stock for Q2 2020, up 30% 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.