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CoStar Group

592 hedge funds and large institutions have $31.2B invested in CoStar Group in 2021 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 226 increasing their positions, 203 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 203

7.25% more ownership

Funds ownership: 956.05%963.3% (+7.2%)

4% less funds holding

Funds holding: 614592 (-22)

11% less capital invested

Capital invested by funds: $34.9B → $31.2B (-$3.7B)

17% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 84

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

37% less call options, than puts

Call options by funds: $86.6M | Put options by funds: $137M

Holders
592
Holders Change
-22
Holders Change %
-3.58%
% of All Funds
10.4%
Holding in Top 10
11
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-26.67%
% of All Funds
0.19%
New
70
Increased
226
Reduced
203
Closed
84
Calls
$86.6M
Puts
$137M
Net Calls
-$50.7M
Net Calls Change
-$45.1M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$3.48B -$191M -2,212,110 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.86B +$19.3M +224,000 +0.6%
BlackRock
3
BlackRock
New York
$2.51B -$387M -4,478,990 -13%
BAMCO Inc
4
BAMCO Inc
New York
$1.59B +$4.9M +56,760 +0.3%
Janus Henderson Group
5
Janus Henderson Group
United Kingdom
$1.24B +$181M +2,092,240 +16%
Baillie Gifford & Co
6
Baillie Gifford & Co
United Kingdom
$943M +$578M +6,697,400 +140%
Franklin Resources
7
Franklin Resources
California
$862M +$59.9M +694,150 +7%
ACM
8
AKRE Capital Management
Virginia
$803M +$9.32M +107,990 +1%
Principal Financial Group
9
Principal Financial Group
Iowa
$784M +$98.7M +1,143,400 +14%
Sands Capital Management
10
Sands Capital Management
Virginia
$748M -$13.9M -161,040 -2%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$714M +$1.19M +13,820 +0.2%
State Street
12
State Street
Massachusetts
$633M -$10.8M -124,540 -2%
VVP
13
Vulcan Value Partners
Alabama
$545M +$144M +1,662,640 +33%
TP
14
Third Point
New York
$452M +$475M +5,500,000 New
Wellington Management Group
15
Wellington Management Group
Massachusetts
$402M +$38.5M +446,460 +10%
VAM
16
Veritas Asset Management
United Kingdom
$397M +$417M +4,827,810 New
Geode Capital Management
17
Geode Capital Management
Massachusetts
$390M +$22.9M +265,310 +6%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$329M -$412M -4,768,370 -54%
Alkeon Capital Management
19
Alkeon Capital Management
New York
$317M -$6.05M -70,070 -2%
Norges Bank
20
Norges Bank
Norway
$305M -$15.5M -179,500 -5%
WRF
21
Waddell & Reed Financial
Kansas
$305M +$22.5M +260,940 +8%
FPP
22
Findlay Park Partners
United Kingdom
$294M +$126M +1,462,590 +69%
OCBV
23
Ownership Capital B.V.
Netherlands
$283M +$46.5M +539,130 +19%
BCM
24
Bares Capital Management
Texas
$275M -$9.75M -112,950 -3%
FAM
25
Fred Alger Management
New York
$247M +$92.2M +1,068,170 +55%

CSGP Hedge Fund Activity: Q1 2021 in Review

592 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q1 2021, worth a combined $31.2B — down 11% from $34.9B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of CSGP and 70 opened new positions — a net loss of 14 holders — while 203 trimmed existing stakes and 226 added.

The largest buyer was Baillie Gifford & Co, adding an estimated $578M. The largest seller was Fidelity Investments, cutting an estimated $412M.

  • 592 institutional investors held CoStar Group (CSGP) as of Q1 2021, down from 614 in Q4 2020.
  • Funds reported $31.2B of CoStar Group stock for Q1 2021, down 11% quarter-over-quarter.
  • 70 funds opened new CoStar Group positions in Q1 2021 and 84 closed out, a net change of -14 holders.
  • The largest CoStar Group buyer in Q1 2021 was Baillie Gifford & Co, an estimated $578M added.
  • The largest CoStar Group seller in Q1 2021 was Fidelity Investments, an estimated $412M sold.

Based on aggregated 13F filings for Q1 2021.