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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
MIM
376
MetLife Investment Management
New Jersey
$209K +$245 +3 +0.1%
UM
377
UniSuper Management
Australia
$208K +$221K +2,700 New
GIA
378
Gladstone Institutional Advisory
Florida
$207K -$53K -649 -19%
AWM
379
Axxcess Wealth Management
California
$206K +$218K +2,672 New
GCP
380
GSA Capital Partners
United Kingdom
$204K +$216K +2,646 New
PI
381
PFG Investments
New York
$201K +$213K +2,607 New
FCH
382
Freestone Capital Holdings
Washington
$188K -$44.4K -543 -18%
AssetMark Inc
383
AssetMark Inc
California
$182K +$10.9K +133 +6%
AWM
384
AllSquare Wealth Management
New York
$177K
CM
385
Capula Management
Cayman Islands
$176K +$187K +2,287 New
SFI
386
Siemens Fonds Invest
Germany
$169K
PIM
387
Plato Investment Management
Australia
$167K
Rockefeller Capital Management
388
Rockefeller Capital Management
New York
$158K +$167K +2,048 New
GWM
389
Geneos Wealth Management
Colorado
$154K -$735 -9 -0.4%
AIM
390
AXA Investment Managers
France
$125K +$133K +1,626 New
MHR
391
Matthew Hamilton Rosenberg
$125K
SAM
392
Smartleaf Asset Management
Massachusetts
$118K +$70.7K +865 +144%
Fifth Third Bancorp
393
Fifth Third Bancorp
Ohio
$113K +$5.39K +66 +5%
LC
394
Lavaca Capital
Texas
$110K
CIBC Private Wealth Group
395
CIBC Private Wealth Group
Georgia
$106K +$490 +6 +0.4%
PS
396
Principal Securities
Iowa
$101K +$46.3K +567 +76%
Northwestern Mutual Wealth Management
397
Northwestern Mutual Wealth Management
Wisconsin
$99.6K -$31.5K -385 -23%
ASN
398
Advisory Services Network
Georgia
$99.2K +$105K +1,288 New
MG
399
Mather Group
Illinois
$90.6K +$96.1K +1,176 New
MCM
400
MAI Capital Management
Ohio
$89.2K -$49K -600 -34%

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.