CoStar Group
CSGP
689 hedge funds and large institutions have $30.1B invested in CoStar Group in 2023 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 276 increasing their positions, 251 reducing their positions, and 84 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 276 | Existing positions reduced: 251
1.67% less ownership
Funds ownership: 97.66% → 95.99% (-1.7%)
3% less funds holding
Funds holding: 713 → 689 (-24)
15% less capital invested
Capital invested by funds: $35.5B → $30.1B (-$5.33B)
17% less funds holding in top 10
Funds holding in top 10: 24 → 20 (-4)
23% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 84
45% less call options, than puts
Call options by funds: $38.2M | Put options by funds: $69.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$87.1M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$63.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$54.9M |
| 4 |
Goldman Sachs
New York
|
+$54.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$173M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$112M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$105M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$104M |
| 5 |
OCBV
Ownership Capital B.V.
Amsterdam,
Netherlands
|
-$78.9M |
CSGP Hedge Fund Activity: Q3 2023 in Review
689 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q3 2023, worth a combined $30.1B — down 15% from $35.5B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of CSGP and 65 opened new positions — a net loss of 19 holders — while 251 trimmed existing stakes and 276 added.
The largest buyer was BlackRock, adding an estimated $87.1M. The largest seller was Janus Henderson Group, cutting an estimated $173M.
- 689 institutional investors held CoStar Group (CSGP) as of Q3 2023, down from 713 in Q2 2023.
- Funds reported $30.1B of CoStar Group stock for Q3 2023, down 15% quarter-over-quarter.
- 65 funds opened new CoStar Group positions in Q3 2023 and 84 closed out, a net change of -19 holders.
- The largest CoStar Group buyer in Q3 2023 was BlackRock, an estimated $87.1M added.
- The largest CoStar Group seller in Q3 2023 was Janus Henderson Group, an estimated $173M sold.
Based on aggregated 13F filings for Q3 2023.