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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
BIA
426
Bell Investment Advisors
California
$4.06K -$472 -7 -11%
CMA
427
Cedar Mountain Advisors
Oregon
$3.29K
GRP
428
Global Retirement Partners
California
$3.29K +$3.17K +47 New
CPG
429
Cornerstone Planning Group
New Jersey
$3.22K
FFO
430
Fortitude Family Office
Arizona
$3.08K +$2.96K +44 New
CT
431
Clearstead Trust
Maine
$2.94K +$2.83K +42 New
AA
432
Ancora Advisors
Ohio
$2.8K +$2.69K +40 New
QL
433
Quarry LP
New York
$2.38K -$143K -2,126 -98%
TWC
434
TD Waterhouse Canada
Ontario, Canada
$2.14K -$2.69K -40 -57%
AF
435
Advisornet Financial
Minnesota
$2.1K -$741 -11 -27%
SC
436
SouthState Corp
Florida
$2.1K -$472 -7 -19%
DPW
437
DiNuzzo Private Wealth
Pennsylvania
$2.03K -$67 -1 -3%
TFGT
438
TS Financial Group (TSFG)
Illinois
$2K -$2.16K -32 -52%
RIL
439
Rothschild Investment LLC
Illinois
$1.75K
CH
440
Cromwell Holdings
Wyoming
$1.68K +$943 +14 +140%
CA
441
Clearstead Advisors
Ohio
$1.47K -$2.63K -39 -65%
KHC
442
Koesten Hirschmann & Crabtree
Kansas
$1.44K +$1.42K +21 New
GIA
443
GHP Investment Advisors
Colorado
$1.4K
TWD
444
True Wealth Design
Ohio
$1.33K -$539 -8 -30%
GWSG
445
GPS Wealth Strategies Group
Colorado
$1.26K -$1.08K -16 -47%
SIC
446
SJS Investment Consulting
Ohio
$1.12K -$1.08K -16 -50%
CWM
447
Copia Wealth Management
Oregon
$1.05K
AW
448
Avion Wealth
Texas
$1K +$539 +8 +89%
VWA
449
Valued Wealth Advisors
Utah
$981
RWM
450
Rialto Wealth Management
New York
$911 +$876 +13 New

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.