Zillow
526 hedge funds and large institutions have $14.1B invested in Zillow in 2025 Q3 according to their latest regulatory filings, with 104 funds opening new positions, 178 increasing their positions, 145 reducing their positions, and 52 closing their positions.
100% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 52
29% more call options, than puts
Call options by funds: $661M | Put options by funds: $514M
23% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 145
14% more capital invested
Capital invested by funds: $12.4B → $14.1B (+$1.77B)
10% more funds holding
Funds holding: 479 → 526 (+47)
2.36% more ownership
Funds ownership: 96.3% → 98.66% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$205M |
| 2 |
SM
SCGE Management
Menlo Park,
California
|
+$142M |
| 3 |
SEP
Soma Equity Partners
San Francisco,
California
|
+$95.5M |
| 4 |
Morgan Stanley
New York
|
+$86.3M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$84.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$200M |
| 2 |
JP Morgan Chase
New York
|
-$124M |
| 3 |
EC
Eminence Capital
New York
|
-$121M |
| 4 |
Tiger Global Management
New York
|
-$96.8M |
| 5 |
AM
Atreides Management
Boston,
Massachusetts
|
-$60.3M |
Z Hedge Fund Activity: Q3 2025 in Review
526 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q3 2025, worth a combined $14.1B — up 14% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new Z positions and 52 closed out — a net gain of 52 holders — while 178 added to existing stakes and 145 trimmed.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $205M. The largest seller was Caledonia Investments (Australia), cutting an estimated $200M.
- 526 institutional investors held Zillow (Z) as of Q3 2025, up from 479 in Q2 2025.
- Funds reported $14.1B of Zillow stock for Q3 2025, up 14% quarter-over-quarter.
- 104 funds opened new Zillow positions in Q3 2025 and 52 closed out, a net change of +52 holders.
- The largest Zillow buyer in Q3 2025 was Contour Asset Management, an estimated $205M added.
- The largest Zillow seller in Q3 2025 was Caledonia Investments (Australia), an estimated $200M sold.
Based on aggregated 13F filings for Q3 2025.