Zillow
208 hedge funds and large institutions have $5.3B invested in Zillow in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 65 increasing their positions, 74 reducing their positions, and 20 closing their positions.
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
42% more capital invested
Capital invested by funds: $3.73B → $5.3B (+$1.57B)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
6% more funds holding
Funds holding: 197 → 208 (+11)
2.78% less ownership
Funds ownership: 90.77% → 87.99% (-2.8%)
12% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 74
28% less call options, than puts
Call options by funds: $68M | Put options by funds: $93.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SPO Advisory
San Anselmo,
California
|
+$100M |
| 2 |
TCM
Tybourne Capital Management
Hong Kong
|
+$52.2M |
| 3 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$32.7M |
| 4 |
Janus Henderson Group
London,
|
+$24.6M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$8.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$115M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$66.1M |
| 3 |
SIM
SRS Investment Management
New York
|
-$49M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$11.8M |
| 5 |
BlackRock
New York
|
-$11.8M |
Z Hedge Fund Activity: Q2 2017 in Review
208 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q2 2017, worth a combined $5.3B — up 42% from $3.73B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new Z positions and 20 closed out — a net gain of 12 holders — while 65 added to existing stakes and 74 trimmed.
The largest buyer was SPO Advisory, opening a new position worth an estimated $100M. The largest seller was Goldman Sachs, cutting an estimated $115M.
- 208 institutional investors held Zillow (Z) as of Q2 2017, up from 197 in Q1 2017.
- Funds reported $5.3B of Zillow stock for Q2 2017, up 42% quarter-over-quarter.
- 32 funds opened new Zillow positions in Q2 2017 and 20 closed out, a net change of +12 holders.
- The largest Zillow buyer in Q2 2017 was SPO Advisory, an estimated $100M added.
- The largest Zillow seller in Q2 2017 was Goldman Sachs, an estimated $115M sold.
Based on aggregated 13F filings for Q2 2017.