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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
RS
451
Rakuten Securities
Japan
$9.55K -$2.04K -25 -17%
BCM
452
Boreal Capital Management
Florida
$9.25K
OP
453
ORG Partners
Indiana
$9.24K +$9.81K +120 New
CAL
454
Capital Advisors Ltd
Ohio
$9K
AWM
455
Activest Wealth Management
Florida
$8.32K +$8.83K +108 New
JWA
456
JFS Wealth Advisors
Pennsylvania
$8.01K
WA
457
WPG Advisers
Maryland
$7.78K -$1.39K -17 -14%
KFA
458
Kelleher Financial Advisors
New York
$7.71K +$8.17K +100 New
PTC
459
Private Trust Company
Ohio
$6.39K
LSA
460
Leonteq Securities AG
Switzerland
$6.24K -$8.01K -98 -55%
PWMG
461
Private Wealth Management Group
New Jersey
$6.01K
CIAM
462
Caitong International Asset Management
Hong Kong
$5.7K +$6.05K +74 New
ZBNA
463
Zions Bancorporation, National Association
Utah
$5.55K -$899 -11 -13%
CIAS
464
CBIZ Investment Advisory Services
Ohio
$5.47K
MMCM
465
Murphy & Mullick Capital Management
New York
$5.34K -$1.88K -23 -24%
TFA
466
Toth Financial Advisory
Virginia
$5.24K +$5.31K +65 +2,167%
WBC
467
West Branch Capital
Massachusetts
$5.09K
HPC
468
HM Payson & Co
Maine
$5.01K
JWM
469
JPL Wealth Management
Colorado
$5.01K +$5.31K +65 New
AAS
470
Ameritas Advisory Services
Nebraska
$4.55K -$8.17K -100 -63%
BIA
471
Bell Investment Advisors
California
$4.01K -$490 -6 -10%
DWM
472
Dogwood Wealth Management
Kansas
$3.85K +$4.09K +50 New
CMA
473
Cedar Mountain Advisors
Oregon
$3.62K
GRP
474
Global Retirement Partners
California
$3.62K
FFO
475
Fortitude Family Office
Arizona
$3.62K +$245 +3 +7%

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.