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479 hedge funds and large institutions have $12.4B invested in Zillow in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 197 increasing their positions, 154 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more call options, than puts

Call options by funds: $625M | Put options by funds: $351M

28% more repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 154

4% more capital invested

Capital invested by funds: $11.9B → $12.4B (+$458M)

0.83% more ownership

Funds ownership: 95.47%96.3% (+0.83%)

4% less funds holding

Funds holding: 498479 (-19)

12% less funds holding in top 10

Funds holding in top 10: 1715 (-2)

22% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 72

Holders
479
Holders Change
-19
Holders Change %
-3.82%
% of All Funds
6.31%
Holding in Top 10
15
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.76%
% of All Funds
0.2%
New
56
Increased
197
Reduced
154
Closed
72
Calls
$625M
Puts
$351M
Net Calls
+$274M
Net Calls Change
+$4.4M
Name Holding Trade Value Shares
Change
Change in
Stake
MHR
351
Matthew Hamilton Rosenberg
$113K
LIA
352
Limestone Investment Advisors
New York
$110K +$106K +1,570 New
LC
353
Lavaca Capital
Texas
$99.8K
Fifth Third Bancorp
354
Fifth Third Bancorp
Ohio
$98.4K +$15.2K +226 +19%
CIBC Private Wealth Group
355
CIBC Private Wealth Group
Georgia
$95.5K -$943 -14 -1%
S
356
SignatureFD
Georgia
$93.7K -$41.1K -610 -31%
BIG
357
Brooklyn Investment Group
New York
$88.8K -$1.75K -26 -2%
Simplex Trading
358
Simplex Trading
Illinois
$77K +$74.8K +1,110 New
N
359
Natixis
France
$76.1K +$65.9K +978 +906%
National Bank of Canada
360
National Bank of Canada
Quebec, Canada
$74.9K +$23K +342 +47%
OAM
361
Ostrum Asset Management
France
$74.3K -$2.09K -31 -3%
PWA
362
Provenance Wealth Advisors
Florida
$70K
JFGIW
363
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$66.5K +$64K +950 New
CSB
364
City State Bank
Iowa
$64.1K
GI
365
GAMMA Investing
California
$62.1K +$18.8K +279 +46%
TFIPS
366
Towarzystwo Funduszy Inwestycyjnych PZU SA
$60.9K +$15.5K +230 +36%
MSWA
367
Marshall & Sterling Wealth Advisors
New York
$56.7K +$54.6K +810 New
FFA
368
Farther Finance Advisors
California
$55.5K +$10.7K +159 +25%
PS
369
Principal Securities
Iowa
$52.3K +$29.9K +444 +147%
Bessemer Group
370
Bessemer Group
New Jersey
$50K -$130K -1,923 -73%
BAM
371
Byrne Asset Management
New Jersey
$49K
HNB
372
Huntington National Bank
Ohio
$48.4K -$6.6K -98 -12%
PMAM
373
Picton Mahoney Asset Management
Ontario, Canada
$48K -$4.53M -67,273 -99%
VCM
374
Versant Capital Management
Arizona
$47.4K +$34.5K +512 +310%
SAM
375
Smartleaf Asset Management
Massachusetts
$42K -$38.4K -570 -49%

Z Hedge Fund Activity: Q2 2025 in Review

479 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q2 2025, worth a combined $12.4B — up 3.8% from $11.9B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of Z and 56 opened new positions — a net loss of 16 holders — while 154 trimmed existing stakes and 197 added.

The largest buyer was Greencape Capital, adding an estimated $111M. The largest seller was Caledonia Investments (Australia), cutting an estimated $136M.

  • 479 institutional investors held Zillow (Z) as of Q2 2025, down from 498 in Q1 2025.
  • Funds reported $12.4B of Zillow stock for Q2 2025, up 3.8% quarter-over-quarter.
  • 56 funds opened new Zillow positions in Q2 2025 and 72 closed out, a net change of -16 holders.
  • The largest Zillow buyer in Q2 2025 was Greencape Capital, an estimated $111M added.
  • The largest Zillow seller in Q2 2025 was Caledonia Investments (Australia), an estimated $136M sold.

Based on aggregated 13F filings for Q2 2025.