Zillow
197 hedge funds and large institutions have $3.73B invested in Zillow in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 38 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 56
3.55% more ownership
Funds ownership: 87.22% → 90.77% (+3.6%)
3% more call options, than puts
Call options by funds: $43.4M | Put options by funds: $42.1M
3% less capital invested
Capital invested by funds: $3.85B → $3.73B (-$116M)
9% less funds holding
Funds holding: 216 → 197 (-19)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
26% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$185M |
| 2 |
Goldman Sachs
New York
|
+$151M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$87.4M |
| 4 |
SIM
SRS Investment Management
New York
|
+$78.4M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$153M |
| 2 |
RP
Ridgegate Proprietary
Sydney,
Australia
|
-$75.2M |
| 3 |
TCM
Tybourne Capital Management
Hong Kong
|
-$36.5M |
| 4 |
BRC
Blue Ridge Capital
New York
|
-$19.7M |
| 5 |
MCG
Meru Capital Group
New York
|
-$12.4M |
Z Hedge Fund Activity: Q1 2017 in Review
197 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q1 2017, worth a combined $3.73B — down 3% from $3.85B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of Z and 28 opened new positions — a net loss of 10 holders — while 56 trimmed existing stakes and 69 added.
The largest buyer was BlackRock, adding an estimated $185M. The largest seller was T. Rowe Price Associates, cutting an estimated $153M.
- 197 institutional investors held Zillow (Z) as of Q1 2017, down from 216 in Q4 2016.
- Funds reported $3.73B of Zillow stock for Q1 2017, down 3% quarter-over-quarter.
- 28 funds opened new Zillow positions in Q1 2017 and 38 closed out, a net change of -10 holders.
- The largest Zillow buyer in Q1 2017 was BlackRock, an estimated $185M added.
- The largest Zillow seller in Q1 2017 was T. Rowe Price Associates, an estimated $153M sold.
Based on aggregated 13F filings for Q1 2017.