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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
State Board of Administration of Florida Retirement System
76
State Board of Administration of Florida Retirement System
Florida
$10.7M +$89.6K +1,330 +0.9%
Mitsubishi UFJ Asset Management
77
Mitsubishi UFJ Asset Management
Japan
$9.97M +$1.32M +19,547 +16%
A
78
AustralianSuper
Australia
$9.88M -$355K -5,266 -4%
NW
79
NewEdge Wealth
Pennsylvania
$9.72M -$1.04M -15,455 -12%
Citadel Advisors
80
Citadel Advisors
Florida
$9.62M +$2.97M +44,095 +47%
ILCM
81
Ivy Lane Capital Management
Florida
$9.53M
Canada Pension Plan Investment Board
82
Canada Pension Plan Investment Board
Ontario, Canada
$9.4M -$7.08M -105,100 -44%
Korea Investment Corp
83
Korea Investment Corp
South Korea
$9.2M +$2.6M +38,628 +42%
Susquehanna International Group
84
Susquehanna International Group
Pennsylvania
$9.06M +$2.31M +34,233 +36%
Twin Tree Management
85
Twin Tree Management
Texas
$9.04M -$1.28M -19,053 -13%
First Trust Advisors
86
First Trust Advisors
Illinois
$8.99M +$8.22M +121,929 +1,895%
TAF
87
Tredje AP-fonden
Sweden
$8.85M
AIM
88
ARK Investment Management
Florida
$8.75M -$716K -10,632 -8%
T. Rowe Price Associates
89
T. Rowe Price Associates
Maryland
$8.66M +$462K +6,859 +6%
Aviva
90
Aviva
United Kingdom
$8.38M +$7.67M +113,798 +1,938%
Swedbank
91
Swedbank
Sweden
$8.37M -$814K -12,076 -9%
Royal Bank of Canada
92
Royal Bank of Canada
Ontario, Canada
$8.28M +$103K +1,522 +1%
Parallax Volatility Advisers
93
Parallax Volatility Advisers
California
$8.22M -$2.01M -29,897 -21%
PAG
94
Private Advisory Group
Washington
$8M +$583K +8,658 +8%
Schroder Investment Management Group
95
Schroder Investment Management Group
United Kingdom
$7.75M +$5.79M +85,856 +347%
Aberdeen Group
96
Aberdeen Group
United Kingdom
$7.59M +$446K +6,620 +7%
Prudential Financial
97
Prudential Financial
New Jersey
$7.12M +$270K +4,014 +4%
Thrivent Financial for Lutherans
98
Thrivent Financial for Lutherans
Minnesota
$7.1M +$304K +4,514 +5%
GIA
99
Gateway Investment Advisers
Ohio
$7.05M
APG Asset Management
100
APG Asset Management
Netherlands
$6.55M +$6.74K +100 +0.1%

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.