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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
Norges Bank
526
Norges Bank
Norway
-$29.2M -416,476 Closed
Capital Fund Management (CFM)
527
Capital Fund Management (CFM)
France
-$17.5M -214,397 Closed
Alyeska Investment Group
528
Alyeska Investment Group
Illinois
-$12.7M -180,729 Closed
A
529
AustralianSuper
Australia
-$9.88M -140,994 Closed
Twin Tree Management
530
Twin Tree Management
Texas
-$10.5M -129,098 Closed
GLA
531
Great Lakes Advisors
Illinois
-$5.53M -78,877 Closed
PCM
532
PenderFund Capital Management
British Columbia, Canada
-$3.49M -49,757 Closed
CP
533
CenterBook Partners
Connecticut
-$2.95M -42,047 Closed
Stifel Financial
534
Stifel Financial
Missouri
-$2.72M -38,789 Closed
PEAK6
535
PEAK6
Illinois
-$2.97M -36,382 Closed
QCM
536
Qsemble Capital Management
New York
-$1.9M -27,152 Closed
BHCM
537
Brevan Howard Capital Management
Jersey
-$1.72M -24,493 Closed
RCAP
538
Resolute Capital Asset Partners
Colorado
-$1.27M -18,201 Closed
Renaissance Technologies
539
Renaissance Technologies
New York
-$1.11M -15,914 Closed
Marshall Wace
540
Marshall Wace
United Kingdom
-$962K -13,738 Closed
PCM
541
Prelude Capital Management
New York
-$916K -13,078 Closed
CC
542
Centiva Capital
New York
-$776K -11,084 Closed
QT
543
Quantbot Technologies
New York
-$639K -9,120 Closed
SPA
544
Sherbrooke Park Advisers
New York
-$560K -7,996 Closed
AC
545
AXQ Capital
New Jersey
-$473K -6,754 Closed
GCM
546
Graham Capital Management
Connecticut
-$323K -4,606 Closed
Squarepoint
547
Squarepoint
New York
-$368K -4,500 Closed
BCM
548
Bayesian Capital Management
New York
-$301K -4,300 Closed
MAM
549
Meeder Asset Management
Ohio
-$296K -4,227 Closed
PAG
550
Private Advisor Group
New Jersey
-$284K -4,055 Closed

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.