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275 hedge funds and large institutions have $7.47B invested in Zillow in 2019 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 94 increasing their positions, 70 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

171% more call options, than puts

Call options by funds: $448M | Put options by funds: $165M

70% more capital invested

Capital invested by funds: $4.39B → $7.47B (+$3.09B)

34% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 70

32% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 47

28% more funds holding in top 10

Funds holding in top 10: 1823 (+5)

10.76% more ownership

Funds ownership: 103%113.76% (+11%)

5% more funds holding

Funds holding: 261275 (+14)

Holders
275
Holders Change
+14
Holders Change %
+5.36%
% of All Funds
5.42%
Holding in Top 10
23
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+27.78%
% of All Funds
0.45%
New
62
Increased
94
Reduced
70
Closed
47
Calls
$448M
Puts
$165M
Net Calls
+$283M
Net Calls Change
+$124M
Name Holding Trade Value Shares
Change
Change in
Stake
GEM
51
Global Endowment Management
North Carolina
$18M
UBS AM
52
UBS AM
Illinois
$17.8M +$898K +24,115 +7%
Deutsche Bank
53
Deutsche Bank
Germany
$17.4M +$10.6M +284,355 +302%
CS
54
Credit Suisse
Switzerland
$16.8M +$9.2M +247,026 +207%
PCM
55
PenderFund Capital Management
British Columbia, Canada
$16.8M -$10.5M -283,000 Closed
HRCM
56
Hawk Ridge Capital Management
California
$15M -$1.01M -27,200 -8%
WM
57
WS Management
Florida
$14.8M
AA
58
Ancient Art
Texas
$12.8M
New York State Common Retirement Fund
59
New York State Common Retirement Fund
New York
$12.6M -$424K -11,373 -4%
JPC
60
Jabodon PT Co
Nevada
$12.6M +$7.73M +207,429 +315%
California Public Employees Retirement System
61
California Public Employees Retirement System
California
$12.3M +$1.27M +34,100 +15%
TI
62
Think Investments
California
$12M -$8.98M -240,944 -48%
SM
63
Selkirk Management
New Jersey
$10.8M
Nomura Holdings
64
Nomura Holdings
Japan
$10.7M +$1.66M +44,544 +24%
UONDDL
65
University of Notre Dame du Lac
Indiana
$9.54M -$1.25M -33,667 -14%
Bank of Montreal
66
Bank of Montreal
Ontario, Canada
$9.46M +$6.3M +169,116 +459%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$9.39M +$186 +5 +0%
Bank of Nova Scotia
68
Bank of Nova Scotia
Ontario, Canada
$8.44M +$6.85M +183,749 New
DFO
69
Duquesne Family Office
New York
$7.78M +$6.31M +169,386 New
State Board of Administration of Florida Retirement System
70
State Board of Administration of Florida Retirement System
Florida
$7.67M -$117K -3,130 -2%
UBS Group
71
UBS Group
Switzerland
$7.62M +$4.13M +110,962 +202%
Walleye Trading
72
Walleye Trading
New York
$7.21M +$3.98M +106,789 +213%
DP
73
DDD Partners
Washington
$6.69M +$2.5K +67 +0%
Parallax Volatility Advisers
74
Parallax Volatility Advisers
California
$6.6M +$3.38M +90,745 +172%
BFIC
75
Bedell Frazier Investment Counselling
California
$6.34M

Z Hedge Fund Activity: Q4 2019 in Review

275 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q4 2019, worth a combined $7.47B — up 70% from $4.39B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new Z positions and 47 closed out — a net gain of 15 holders — while 94 added to existing stakes and 70 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $293M. The largest seller was ARK Investment Management, exiting entirely with an estimated $69.7M sold.

  • 275 institutional investors held Zillow (Z) as of Q4 2019, up from 261 in Q3 2019.
  • Funds reported $7.47B of Zillow stock for Q4 2019, up 70% quarter-over-quarter.
  • 62 funds opened new Zillow positions in Q4 2019 and 47 closed out, a net change of +15 holders.
  • The largest Zillow buyer in Q4 2019 was Morgan Stanley, an estimated $293M added.
  • The largest Zillow seller in Q4 2019 was ARK Investment Management, an estimated $69.7M sold.

Based on aggregated 13F filings for Q4 2019.