CoStar Group
CSGP
692 hedge funds and large institutions have $26.8B invested in CoStar Group in 2023 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 260 increasing their positions, 266 reducing their positions, and 84 closing their positions.
0.99% less ownership
Funds ownership: 96.58% → 95.59% (-0.99%)
2% less repeat investments, than reductions
Existing positions increased: 260 | Existing positions reduced: 266
2% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 84
7% less call options, than puts
Call options by funds: $27.8M | Put options by funds: $29.9M
1% less funds holding
Funds holding: 702 → 692 (-10)
12% less capital invested
Capital invested by funds: $30.3B → $26.8B (-$3.56B)
38% less funds holding in top 10
Funds holding in top 10: 21 → 13 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$179M |
| 2 |
Bank of New York Mellon
New York
|
+$116M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$112M |
| 4 |
Renaissance Technologies
New York
|
+$101M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$83.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$275M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$148M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$146M |
| 4 |
Parnassus Investments
San Francisco,
California
|
-$139M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$126M |
CSGP Hedge Fund Activity: Q1 2023 in Review
692 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q1 2023, worth a combined $26.8B — down 12% from $30.3B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of CSGP and 82 opened new positions — a net loss of 2 holders — while 266 trimmed existing stakes and 260 added.
The largest buyer was Brown Advisory, adding an estimated $179M. The largest seller was T. Rowe Price Associates, cutting an estimated $275M.
- 692 institutional investors held CoStar Group (CSGP) as of Q1 2023, down from 702 in Q4 2022.
- Funds reported $26.8B of CoStar Group stock for Q1 2023, down 12% quarter-over-quarter.
- 82 funds opened new CoStar Group positions in Q1 2023 and 84 closed out, a net change of -2 holders.
- The largest CoStar Group buyer in Q1 2023 was Brown Advisory, an estimated $179M added.
- The largest CoStar Group seller in Q1 2023 was T. Rowe Price Associates, an estimated $275M sold.
Based on aggregated 13F filings for Q1 2023.