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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
CFO
451
CVA Family Office
Colorado
$841 -$539 -8 -40%
BHWM
452
Bay Harbor Wealth Management
Maryland
$770 +$472 +7 +175%
FNWA
453
Financial Network Wealth Advisors
Utah
$701
T
454
Transce3nd
Texas
$701
WCM
455
WealthTrak Capital Management
Virginia
$701 +$337 +5 +100%
HFS
456
Hughes Financial Services
Virginia
$681 -$472 -7 -47%
SC
457
Stephens Consulting
Michigan
$631 +$606 +9 New
BGAI
458
Bruce G. Allen Investments
Colorado
$630
PWM
459
Parkworth Wealth Management
California
$630 +$270 +4 +80%
HIA
460
HFM Investment Advisors
New Jersey
$630 +$337 +5 +125%
BWL
461
Bogart Wealth LLC
Virginia
$560 +$539 +8 New
BFS
462
Bare Financial Services
Pennsylvania
$490 +$472 +7 New
UB
463
UMB Bank
Missouri
$420 +$202 +3 +100%
CA
464
CoreCap Advisors
Michigan
$350 -$1.21K -18 -78%
PWA
465
Principia Wealth Advisory
Texas
$350 -$404 -6 -55%
CB
466
CNB Bank
Pennsylvania
$350
TPWA
467
Twin Peaks Wealth Advisors
California
$321 +$270 +4 New
CA
468
Crewe Advisors
Utah
$281 +$270 +4 New
RA
469
Rise Advisors
New York
$280 -$2.36K -35 -90%
TIM
470
Tortoise Investment Management
New York
$280 +$270 +4 New
QWM
471
Quaker Wealth Management
New Jersey
$211 +$202 +3 New
TFA
472
Toth Financial Advisory
Virginia
$211 +$202 +3 New
Kayne Anderson Rudnick Investment Management
473
Kayne Anderson Rudnick Investment Management
California
$210 +$202 +3 New
HWP
474
Highline Wealth Partners
California
$140
MWM
475
MorganRosel Wealth Management
Colorado
$140

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.