Zillow
242 hedge funds and large institutions have $5.98B invested in Zillow in 2018 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 77 increasing their positions, 62 reducing their positions, and 12 closing their positions.
350% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 12
60% more funds holding in top 10
Funds holding in top 10: 10 → 16 (+6)
31% more capital invested
Capital invested by funds: $4.56B → $5.98B (+$1.42B)
24% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 62
21% more funds holding
Funds holding: 200 → 242 (+42)
17% more call options, than puts
Call options by funds: $53.1M | Put options by funds: $45.5M
1% less ownership
Funds ownership: 88.15% → 87.15% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$81.3M |
| 2 |
Coatue Management
New York
|
+$41.4M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$38.2M |
| 4 |
Morgan Stanley
New York
|
+$21.3M |
| 5 |
Goldman Sachs
New York
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$156M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$52.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$26.6M |
| 4 |
RP
Regal Partners
Sydney, NSW,
Australia
|
-$18.2M |
| 5 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$17.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STA
251
Summit Trail Advisors
New York
| – | -$2K | -50 | Closed |
|
|
GI
252
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -19 | Closed |
|
253
Envestnet Asset Management
Chicago,
Illinois
| – | +$289 | +6 | +600% |
|
Z Hedge Fund Activity: Q1 2018 in Review
242 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q1 2018, worth a combined $5.98B — up 31% from $4.56B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new Z positions and 12 closed out — a net gain of 42 holders — while 77 added to existing stakes and 62 trimmed.
The largest buyer was Caledonia Investments (Australia), adding an estimated $81.3M. The largest seller was Wellington Management Group, cutting an estimated $156M.
- 242 institutional investors held Zillow (Z) as of Q1 2018, up from 200 in Q4 2017.
- Funds reported $5.98B of Zillow stock for Q1 2018, up 31% quarter-over-quarter.
- 54 funds opened new Zillow positions in Q1 2018 and 12 closed out, a net change of +42 holders.
- The largest Zillow buyer in Q1 2018 was Caledonia Investments (Australia), an estimated $81.3M added.
- The largest Zillow seller in Q1 2018 was Wellington Management Group, an estimated $156M sold.
Based on aggregated 13F filings for Q1 2018.