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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.

New
Increased
Maintained
Reduced
Closed

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: 479526 (+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: 1515 (0)

Holders
526
Holders Change
+47
Holders Change %
+9.81%
% of All Funds
6.9%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
104
Increased
178
Reduced
145
Closed
52
Calls
$661M
Puts
$514M
Net Calls
+$147M
Net Calls Change
-$127M
Name Holding Trade Value Shares
Change
Change in
Stake
PAS
276
Park Avenue Securities
New York
$760K -$8.5K -104 -1%
Corient Private Wealth
277
Corient Private Wealth
Florida
$745K -$22.1K -270 -3%
DA
278
Doliver Advisors
Texas
$733K -$31.7K -388 -4%
Allianz Asset Management
279
Allianz Asset Management
Germany
$727K +$28.1K +344 +4%
Neuberger Berman Group
280
Neuberger Berman Group
New York
$711K -$11.7K -143 -2%
Osaic Holdings
281
Osaic Holdings
Arizona
$704K -$1.17M -14,299 -62%
GIBU
282
Gulf International Bank (UK)
United Kingdom
$698K
QL
283
Quarry LP
New York
$660K +$697K +8,527 +25,079%
Fidelity International
284
Fidelity International
Bermuda
$644K +$683K +8,352 New
PNC Financial Services Group
285
PNC Financial Services Group
Pennsylvania
$636K +$30.2K +370 +5%
AB
286
Amalgamated Bank
New York
$628K +$899 +11 +0.1%
MSRPS
287
Maryland State Retirement & Pension System
Maryland
$625K +$16.8K +205 +3%
Truist Financial
288
Truist Financial
North Carolina
$622K +$21.2K +260 +3%
Man Group
289
Man Group
United Kingdom
$616K +$653K +7,994 New
Jones Financial Companies
290
Jones Financial Companies
Missouri
$611K +$87.5K +1,071 +16%
TVM
291
True Vision MN
Minnesota
$600K +$2.29K +28 +0.4%
SC
292
SummitTX Capital
Texas
$594K +$630K +7,705 New
IMCOOI
293
Investment Management Corp of Ontario (IMCO)
Canada
$593K -$2.12M -25,907 -77%
D.E. Shaw & Co
294
D.E. Shaw & Co
New York
$586K -$4.45M -54,505 -88%
BA
295
Bridgewater Advisors
New York
$583K
CIBC Asset Management
296
CIBC Asset Management
Ontario, Canada
$565K +$4K +49 +0.7%
Wealth Enhancement Advisory Services
297
Wealth Enhancement Advisory Services
Minnesota
$561K +$6.54K +80 +1%
BAM
298
Belpointe Asset Management
Nevada
$547K -$76.7K -938 -12%
FCA
299
Fortis Capital Advisors
Kansas
$547K -$76.7K -938 -12%
HVCM
300
Hel Ved Capital Management
Hong Kong
$543K +$576K +7,050 New

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.