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200 hedge funds and large institutions have $4.56B invested in Zillow in 2017 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 59 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

14% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 59

3% more capital invested

Capital invested by funds: $4.43B → $4.56B (+$129M)

1% more call options, than puts

Call options by funds: $44.1M | Put options by funds: $43.5M

0.1% more ownership

Funds ownership: 88.05%88.15% (+0.1%)

0% less funds holding

Funds holding: 201200 (-1)

4% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 26

Holders
200
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.54%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.23%
New
25
Increased
67
Reduced
59
Closed
26
Calls
$44.1M
Puts
$43.5M
Net Calls
+$574K
Net Calls Change
+$1.25M
Name Holding Trade Value Shares
Change
Change in
Stake
CIA
1
Caledonia Investments (Australia)
Australia
$1.17B +$27.4M +665,737 +2%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$462M -$14.6M -354,786 -3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$357M +$6.35M +154,454 +2%
Morgan Stanley
4
Morgan Stanley
New York
$280M +$48.4M +1,176,736 +21%
BlackRock
5
BlackRock
New York
$213M -$680K -16,542 -0.3%
Baillie Gifford & Co
6
Baillie Gifford & Co
United Kingdom
$169M +$6.28M +152,660 +4%
PCM
7
PAR Capital Management
Massachusetts
$159M
SA
8
SPO Advisory
California
$138M +$506K +12,300 +0.4%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$117M +$1.29M +31,464 +1%
SIM
10
SRS Investment Management
New York
$115M -$14.4M -350,094 -11%
ZCI
11
Zevenbergen Capital Investments
Washington
$80.2M -$966K -23,491 -1%
State Street
12
State Street
Massachusetts
$77.7M -$713K -17,344 -0.9%
HAM
13
HHR Asset Management
New Jersey
$73.1M -$8.57M -208,293 -10%
RP
14
Regal Partners
Australia
$67.4M +$14.4M +350,081 +27%
Goldman Sachs
15
Goldman Sachs
New York
$64.2M -$29.3M -713,054 -31%
ClearBridge Investments
16
ClearBridge Investments
New York
$48.6M +$41.2K +1,001 +0.1%
VCM
17
Valiant Capital Management
California
$43M
GGHC
18
Gilder Gagnon Howe & Co
New York
$39M -$103K -2,494 -0.3%
EA
19
Echinus Advisors
New York
$37.7M
Geode Capital Management
20
Geode Capital Management
Massachusetts
$36.8M -$810K -19,697 -2%
Norges Bank
21
Norges Bank
Norway
$36.7M
Fayez Sarofim & Co
22
Fayez Sarofim & Co
Texas
$32.2M
BAMCO Inc
23
BAMCO Inc
New York
$30.4M -$9.5K -231 -0%
Northern Trust
24
Northern Trust
Illinois
$27.3M +$74.6K +1,813 +0.3%
Bank of America
25
Bank of America
North Carolina
$26M +$3.08M +74,947 +13%

Z Hedge Fund Activity: Q4 2017 in Review

200 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q4 2017, worth a combined $4.56B — up 2.9% from $4.43B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of Z and 25 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 67 added.

The largest buyer was Morgan Stanley, adding an estimated $48.4M. The largest seller was Deutsche Bank, cutting an estimated $37.8M.

  • 200 institutional investors held Zillow (Z) as of Q4 2017, down from 201 in Q3 2017.
  • Funds reported $4.56B of Zillow stock for Q4 2017, up 2.9% quarter-over-quarter.
  • 25 funds opened new Zillow positions in Q4 2017 and 26 closed out, a net change of -1 holder.
  • The largest Zillow buyer in Q4 2017 was Morgan Stanley, an estimated $48.4M added.
  • The largest Zillow seller in Q4 2017 was Deutsche Bank, an estimated $37.8M sold.

Based on aggregated 13F filings for Q4 2017.