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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
Envestnet Portfolio Solutions
326
Envestnet Portfolio Solutions
Illinois
$387K +$572 +7 +0.1%
LIA
327
Limestone Investment Advisors
New York
$378K +$273K +3,340 +213%
XSC
328
X-Square Capital
Puerto Rico
$365K -$981 -12 -0.3%
TRCT
329
Tower Research Capital (TRC)
New York
$362K -$220K -2,688 -36%
AFG
330
Atomi Financial Group
New York
$354K -$72.7K -890 -16%
WPC
331
Wedmont Private Capital
Pennsylvania
$348K +$64.7K +792 +20%
CWA
332
Consilio Wealth Advisors
Washington
$348K
FWC
333
First Washington Corp
Washington
$347K
FDCDDQ
334
Federation des caisses Desjardins du Quebec
Quebec, Canada
$334K +$10.4K +127 +3%
AA
335
ABC Arbitrage
France
$332K +$352K +4,307 New
PCM
336
Penserra Capital Management
California
$323K +$817 +10 +0.2%
Comerica Bank
337
Comerica Bank
Texas
$321K +$188K +2,301 +124%
BNP Paribas Asset Management
338
BNP Paribas Asset Management
France
$320K -$72.6K -888 -18%
Cambridge Investment Research Advisors
339
Cambridge Investment Research Advisors
Iowa
$319K +$6.05K +74 +2%
Nisa Investment Advisors
340
Nisa Investment Advisors
Missouri
$316K
PAS
341
Point72 Asia (Singapore)
Singapore
$316K -$2.45K -30 -0.7%
WANY
342
Wealthspire Advisors (New York)
New York
$315K -$409 -5 -0.1%
SF
343
Synovus Financial
Georgia
$308K
PCM
344
PAR Capital Management
Massachusetts
$308K +$65.4K +800 +25%
IAM
345
Iridian Asset Management
Connecticut
$305K -$50.6K -619 -14%
RPGK
346
Retirement Planning Group (Kansas)
Kansas
$304K
BF
347
BOK Financial
Oklahoma
$302K -$262K -3,209 -45%
MFAM
348
Motley Fool Asset Management
Virginia
$301K +$1.8K +22 +0.6%
CM
349
CastleKnight Management
New York
$300K -$81.7K -1,000 -20%
SO
350
STRS Ohio
Ohio
$300K -$1.04M -12,767 -77%

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.