CoStar Group
CSGP
713 hedge funds and large institutions have $35.5B invested in CoStar Group in 2023 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 265 increasing their positions, 250 reducing their positions, and 69 closing their positions.
85% more funds holding in top 10
Funds holding in top 10: 13 → 24 (+11)
33% more capital invested
Capital invested by funds: $26.8B → $35.5B (+$8.71B)
30% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 69
3% more funds holding
Funds holding: 692 → 713 (+21)
2.07% more ownership
Funds ownership: 95.59% → 97.66% (+2.1%)
6% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 250
12% less call options, than puts
Call options by funds: $87M | Put options by funds: $98.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.53B |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$119M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$84.8M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$83.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$78.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$348M |
| 2 |
Janus Henderson Group
London,
|
-$155M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$109M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$98.4M |
| 5 |
Renaissance Technologies
New York
|
-$94.6M |
CSGP Hedge Fund Activity: Q2 2023 in Review
713 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q2 2023, worth a combined $35.5B — up 33% from $26.8B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new CSGP positions and 69 closed out — a net gain of 21 holders — while 265 added to existing stakes and 250 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.53B. The largest seller was Franklin Resources, cutting an estimated $348M.
- 713 institutional investors held CoStar Group (CSGP) as of Q2 2023, up from 692 in Q1 2023.
- Funds reported $35.5B of CoStar Group stock for Q2 2023, up 33% quarter-over-quarter.
- 90 funds opened new CoStar Group positions in Q2 2023 and 69 closed out, a net change of +21 holders.
- The largest CoStar Group buyer in Q2 2023 was Vanguard Group, an estimated $1.53B added.
- The largest CoStar Group seller in Q2 2023 was Franklin Resources, an estimated $348M sold.
Based on aggregated 13F filings for Q2 2023.