Zillow
326 hedge funds and large institutions have $10B invested in Zillow in 2020 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 112 increasing their positions, 75 reducing their positions, and 33 closing their positions.
197% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 33
111% more call options, than puts
Call options by funds: $556M | Put options by funds: $263M
67% more capital invested
Capital invested by funds: $5.99B → $10B (+$4.03B)
49% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 75
29% more funds holding in top 10
Funds holding in top 10: 17 → 22 (+5)
23% more funds holding
Funds holding: 265 → 326 (+61)
3.91% less ownership
Funds ownership: 115.16% → 111.25% (-3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$134M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$108M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$59M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56.2M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$47.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$108M |
| 2 |
VCM
Valiant Capital Management
San Francisco,
California
|
-$83.2M |
| 3 |
Citigroup
New York
|
-$29.3M |
| 4 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$28.3M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$25.2M |
Z Hedge Fund Activity: Q2 2020 in Review
326 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q2 2020, worth a combined $10B — up 67% from $5.99B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new Z positions and 33 closed out — a net gain of 65 holders — while 112 added to existing stakes and 75 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $134M. The largest seller was Eminence Capital, cutting an estimated $108M.
- 326 institutional investors held Zillow (Z) as of Q2 2020, up from 265 in Q1 2020.
- Funds reported $10B of Zillow stock for Q2 2020, up 67% quarter-over-quarter.
- 98 funds opened new Zillow positions in Q2 2020 and 33 closed out, a net change of +65 holders.
- The largest Zillow buyer in Q2 2020 was Jericho Capital Asset Management, an estimated $134M added.
- The largest Zillow seller in Q2 2020 was Eminence Capital, an estimated $108M sold.
Based on aggregated 13F filings for Q2 2020.