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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
MCM
476
MV Capital Management
Maryland
$71 -$67 -1 -50%
ADL
477
Asset Dedication LLC
California
$71 +$67 +1 New
GSWM
478
Golden State Wealth Management
California
$70
PCH
479
Polar Capital Holdings
United Kingdom
-$49.5M -722,617 Closed
CAM
480
Contour Asset Management
New York
-$43.8M -638,947 Closed
SAM
481
Scopus Asset Management
New York
-$34.7M -506,500 Closed
CFM
482
Coronation Fund Managers
South Africa
-$15.4M -225,227 Closed
AM
483
AGF Management
Ontario, Canada
-$10.7M -156,710 Closed
Adage Capital Partners
484
Adage Capital Partners
Massachusetts
-$6.6M -96,246 Closed
TA
485
TKG Advisors
Indiana
-$4.9M -71,482 Closed
Axa
486
Axa
France
-$4.14M -60,376 Closed
GSC
487
G&S Capital
Colorado
-$2.33M -33,933 Closed
PSC
488
Portman Square Capital
United Kingdom
-$2.21M -32,219 Closed
Hudson Bay Capital Management
489
Hudson Bay Capital Management
Connecticut
-$1.98M -28,817 Closed
LCM
490
Landscape Capital Management
New Jersey
-$1.59M -23,253 Closed
FC
491
Farringdon Capital
United Kingdom
-$1.53M -22,350 Closed
OQS
492
Occudo Quantitative Strategies
Florida
-$1.45M -21,024 Closed
NICM
493
Neo Ivy Capital Management
New York
-$1.4M -20,468 Closed
CAM
494
Cresset Asset Management
Illinois
-$1.37M -19,920 Closed
OTL
495
Oak Thistle LLC
New York
-$1.3M -18,935 Closed
EP
496
Edgestream Partners
New Jersey
-$1.11M -16,153 Closed
MIC
497
Maxi Investments CY
Cyprus
-$1M -14,590 Closed
Wolverine Trading
498
Wolverine Trading
Illinois
-$914K -13,566 Closed
EFL
499
ERn Financial LLC
Wisconsin
-$795K -11,598 Closed
CPC
500
Cookson Peirce & Co
Pennsylvania
-$787K -11,485 Closed

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.