Zillow
199 hedge funds and large institutions have $3.61B invested in Zillow in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 73 increasing their positions, 64 reducing their positions, and 29 closing their positions.
131% more call options, than puts
Call options by funds: $110M | Put options by funds: $47.7M
14% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 64
2% less funds holding
Funds holding: 204 → 199 (-5)
8% less capital invested
Capital invested by funds: $3.94B → $3.61B (-$324M)
14% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 29
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
+$98.6M |
| 2 |
SIM
SRS Investment Management
New York
|
+$22.6M |
| 3 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
+$20.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$7.37M |
| 5 |
PFU
Parus Finance (UK)
London,
United Kingdom
|
+$5.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$46.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$43.5M |
| 3 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$39.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$30.2M |
| 5 |
QF
QVT Financial
New York
|
-$24.1M |
Z Hedge Fund Activity: Q3 2016 in Review
199 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q3 2016, worth a combined $3.61B — down 8.2% from $3.94B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of Z and 25 opened new positions — a net loss of 4 holders — while 64 trimmed existing stakes and 73 added.
The largest buyer was Tybourne Capital Management, adding an estimated $98.6M. The largest seller was Caledonia Investments (Australia), cutting an estimated $46.2M.
- 199 institutional investors held Zillow (Z) as of Q3 2016, down from 204 in Q2 2016.
- Funds reported $3.61B of Zillow stock for Q3 2016, down 8.2% quarter-over-quarter.
- 25 funds opened new Zillow positions in Q3 2016 and 29 closed out, a net change of -4 holders.
- The largest Zillow buyer in Q3 2016 was Tybourne Capital Management, an estimated $98.6M added.
- The largest Zillow seller in Q3 2016 was Caledonia Investments (Australia), an estimated $46.2M sold.
Based on aggregated 13F filings for Q3 2016.