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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
TCM
551
Teza Capital Management
Illinois
-$262K -3,741 Closed
ET
552
Entropy Technologies
New York
-$262K -3,738 Closed
M&T Bank
553
M&T Bank
New York
-$254K -3,630 Closed
FAM
554
Fred Alger Management
New York
-$246K -3,508 Closed
BPWM
555
Badgley Phelps Wealth Managers
Washington
-$243K -3,476 Closed
AS
556
Aware Super
Australia
-$232K -3,309 Closed
PAP
557
Persistent Asset Partners
Hong Kong
-$215K -3,071 Closed
MM
558
MQS Management
New York
-$214K -3,059 Closed
CFM
559
Catalyst Funds Management
Australia
-$203K -2,900 Closed
MYLI
560
Meiji Yasuda Life Insurance
Japan
-$202K -2,884 Closed
BIG
561
Brooklyn Investment Group
New York
-$88.8K -1,267 Closed
VSQM
562
V-Square Quantitative Management
Illinois
-$28.7K -410 Closed
MYIA
563
Mount Yale Investment Advisors
Colorado
-$21.9K -313 Closed
CWM
564
CarsonAllaria Wealth Management
Illinois
-$14.3K -204 Closed
TIM
565
Total Investment Management
Arizona
-$7.85K -112 Closed
TCM
566
Traub Capital Management
Massachusetts
-$7K -100 Closed
AAP
567
Arax Advisory Partners
Colorado
-$6.79K -97 Closed
BLC
568
Brown, Lisle/Cummings
Rhode Island
-$6.3K -90 Closed
AA
569
Ancora Advisors
Ohio
-$2.8K -40 Closed
KHC
570
Koesten Hirschmann & Crabtree
Kansas
-$1.44K -21 Closed
T
571
Transce3nd
Texas
-$701 -10 Closed
WCM
572
WealthTrak Capital Management
Virginia
-$701 -10 Closed
SC
573
Stephens Consulting
Michigan
-$631 -9 Closed
CB
574
CNB Bank
Pennsylvania
-$350 -5 Closed
CA
575
Crewe Advisors
Utah
-$281 -4 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.