CoStar Group
CSGP
736 hedge funds and large institutions have $34.4B invested in CoStar Group in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 284 increasing their positions, 260 reducing their positions, and 50 closing their positions.
110% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 50
15% more funds holding in top 10
Funds holding in top 10: 20 → 23 (+3)
14% more capital invested
Capital invested by funds: $30.1B → $34.4B (+$4.27B)
7% more funds holding
Funds holding: 689 → 736 (+47)
9% more repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 260
7% more call options, than puts
Call options by funds: $74.6M | Put options by funds: $70.1M
0.59% more ownership
Funds ownership: 95.99% → 96.58% (+0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$271M |
| 2 |
Janus Henderson Group
London,
|
+$85M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$79.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$70.6M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$64.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$187M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$176M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$171M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$74.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$60.7M |
CSGP Hedge Fund Activity: Q4 2023 in Review
736 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in CoStar Group (CSGP) for Q4 2023, worth a combined $34.4B — up 14% from $30.1B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new CSGP positions and 50 closed out — a net gain of 55 holders — while 284 added to existing stakes and 260 trimmed.
The largest buyer was BlackRock, adding an estimated $271M. The largest seller was Sands Capital Management, cutting an estimated $187M.
- 736 institutional investors held CoStar Group (CSGP) as of Q4 2023, up from 689 in Q3 2023.
- Funds reported $34.4B of CoStar Group stock for Q4 2023, up 14% quarter-over-quarter.
- 105 funds opened new CoStar Group positions in Q4 2023 and 50 closed out, a net change of +55 holders.
- The largest CoStar Group buyer in Q4 2023 was BlackRock, an estimated $271M added.
- The largest CoStar Group seller in Q4 2023 was Sands Capital Management, an estimated $187M sold.
Based on aggregated 13F filings for Q4 2023.