Zillow
201 hedge funds and large institutions have $4.43B invested in Zillow in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 75 increasing their positions, 50 reducing their positions, and 34 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 50
0.05% more ownership
Funds ownership: 87.99% → 88.05% (+0.05%)
1% less call options, than puts
Call options by funds: $51.3M | Put options by funds: $51.9M
3% less funds holding
Funds holding: 208 → 201 (-7)
15% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 34
16% less capital invested
Capital invested by funds: $5.3B → $4.43B (-$873M)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$123M |
| 2 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
+$56.7M |
| 3 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$51.9M |
| 4 |
SA
SPO Advisory
San Anselmo,
California
|
+$41.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
-$175M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$88.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.6M |
| 4 |
VCM
Valiant Capital Management
San Francisco,
California
|
-$18.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16.8M |
Z Hedge Fund Activity: Q3 2017 in Review
201 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q3 2017, worth a combined $4.43B — down 16% from $5.3B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of Z and 29 opened new positions — a net loss of 5 holders — while 50 trimmed existing stakes and 75 added.
The largest buyer was Morgan Stanley, adding an estimated $123M. The largest seller was Tybourne Capital Management, exiting entirely with an estimated $175M sold.
- 201 institutional investors held Zillow (Z) as of Q3 2017, down from 208 in Q2 2017.
- Funds reported $4.43B of Zillow stock for Q3 2017, down 16% quarter-over-quarter.
- 29 funds opened new Zillow positions in Q3 2017 and 34 closed out, a net change of -5 holders.
- The largest Zillow buyer in Q3 2017 was Morgan Stanley, an estimated $123M added.
- The largest Zillow seller in Q3 2017 was Tybourne Capital Management, an estimated $175M sold.
Based on aggregated 13F filings for Q3 2017.