Zillow
194 hedge funds and large institutions have $2.72B invested in Zillow in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 26 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
2% more funds holding
Funds holding: 191 → 194 (+3)
2% more capital invested
Capital invested by funds: $2.67B → $2.72B (+$53.4M)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
31% less call options, than puts
Call options by funds: $35.2M | Put options by funds: $51.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$81.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$49.1M |
| 3 |
MP
Manikay Partners
New York
|
+$23.7M |
| 4 |
Tiger Global Management
New York
|
+$20.8M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
-$56M |
| 2 |
BAMCO Inc
New York
|
-$26.8M |
| 3 |
Morgan Stanley
New York
|
-$24.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.8M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.1M |
Z Hedge Fund Activity: Q1 2016 in Review
194 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q1 2016, worth a combined $2.72B — up 2% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new Z positions and 26 closed out — a net gain of 4 holders — while 57 added to existing stakes and 60 trimmed.
The largest buyer was PAR Capital Management, opening a new position worth an estimated $81.2M. The largest seller was Slate Path Capital, exiting entirely with an estimated $56M sold.
- 194 institutional investors held Zillow (Z) as of Q1 2016, up from 191 in Q4 2015.
- Funds reported $2.72B of Zillow stock for Q1 2016, up 2% quarter-over-quarter.
- 30 funds opened new Zillow positions in Q1 2016 and 26 closed out, a net change of +4 holders.
- The largest Zillow buyer in Q1 2016 was PAR Capital Management, an estimated $81.2M added.
- The largest Zillow seller in Q1 2016 was Slate Path Capital, an estimated $56M sold.
Based on aggregated 13F filings for Q1 2016.