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479 hedge funds and large institutions have $12.4B invested in Zillow in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 197 increasing their positions, 154 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more call options, than puts

Call options by funds: $625M | Put options by funds: $351M

28% more repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 154

4% more capital invested

Capital invested by funds: $11.9B → $12.4B (+$458M)

0.83% more ownership

Funds ownership: 95.47%96.3% (+0.83%)

4% less funds holding

Funds holding: 498479 (-19)

12% less funds holding in top 10

Funds holding in top 10: 1715 (-2)

22% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 72

Holders
479
Holders Change
-19
Holders Change %
-3.82%
% of All Funds
6.31%
Holding in Top 10
15
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.76%
% of All Funds
0.2%
New
56
Increased
197
Reduced
154
Closed
72
Calls
$625M
Puts
$351M
Net Calls
+$274M
Net Calls Change
+$4.4M
Name Holding Trade Value Shares
Change
Change in
Stake
VCM
226
Viewpoint Capital Management
Washington
$783K
SCM
227
Sterling Capital Management
North Carolina
$778K +$167K +2,476 +29%
CC
228
Centiva Capital
New York
$776K -$500K -7,425 -40%
Cerity Partners
229
Cerity Partners
New York
$725K -$682K -10,125 -49%
VIM
230
Vinva Investment Management
Australia
$724K -$190K -2,824 -21%
XT
231
XTX Topco
Cayman Islands
$716K -$1.68M -25,003 -71%
STA
232
Summit Trail Advisors
New York
$704K +$97.9K +1,453 +17%
PAS
233
Park Avenue Securities
New York
$699K -$156K -2,319 -19%
Corient Private Wealth
234
Corient Private Wealth
Florida
$696K -$3.23K -48 -0.5%
DA
235
Doliver Advisors
Texas
$694K +$69.7K +1,034 +12%
DEA
236
DoubleLine ETF Adviser
Florida
$664K +$41.6K +617 +7%
US Bancorp
237
US Bancorp
Minnesota
$658K +$337 +5 +0.1%
Neuberger Berman Group
238
Neuberger Berman Group
New York
$656K -$48.1M -714,411 -99%
BA
239
Bridgewater Advisors
New York
$643K +$876 +13 +0.2%
QT
240
Quantbot Technologies
New York
$639K +$13.7K +203 +2%
Allianz Asset Management
241
Allianz Asset Management
Germany
$637K -$154K -2,292 -20%
GIBU
242
Gulf International Bank (UK)
United Kingdom
$634K
DCM
243
Driehaus Capital Management
Illinois
$629K +$606K +8,986 New
AB
244
Amalgamated Bank
New York
$570K -$6.74K -100 -1%
BAM
245
Belpointe Asset Management
Nevada
$563K -$138K -2,052 -20%
FCA
246
Fortis Capital Advisors
Kansas
$563K -$138K -2,052 -20%
SPA
247
Sherbrooke Park Advisers
New York
$560K +$539K +7,996 New
SCM
248
SCS Capital Management
Massachusetts
$557K +$104K +1,538 +24%
Wealth Enhancement Advisory Services
249
Wealth Enhancement Advisory Services
Minnesota
$554K -$269K -3,985 -34%
MSRPS
250
Maryland State Retirement & Pension System
Maryland
$554K +$43.9K +652 +9%

Z Hedge Fund Activity: Q2 2025 in Review

479 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q2 2025, worth a combined $12.4B — up 3.8% from $11.9B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of Z and 56 opened new positions — a net loss of 16 holders — while 154 trimmed existing stakes and 197 added.

The largest buyer was Greencape Capital, adding an estimated $111M. The largest seller was Caledonia Investments (Australia), cutting an estimated $136M.

  • 479 institutional investors held Zillow (Z) as of Q2 2025, down from 498 in Q1 2025.
  • Funds reported $12.4B of Zillow stock for Q2 2025, up 3.8% quarter-over-quarter.
  • 56 funds opened new Zillow positions in Q2 2025 and 72 closed out, a net change of -16 holders.
  • The largest Zillow buyer in Q2 2025 was Greencape Capital, an estimated $111M added.
  • The largest Zillow seller in Q2 2025 was Caledonia Investments (Australia), an estimated $136M sold.

Based on aggregated 13F filings for Q2 2025.