Zillow
244 hedge funds and large institutions have $5.59B invested in Zillow in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 105 increasing their positions, 62 reducing their positions, and 55 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 62
2.75% less ownership
Funds ownership: 94.12% → 91.37% (-2.7%)
9% less funds holding
Funds holding: 269 → 244 (-25)
16% less call options, than puts
Call options by funds: $87.6M | Put options by funds: $105M
23% less capital invested
Capital invested by funds: $7.22B → $5.59B (-$1.64B)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
45% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
+$98.3M |
| 2 |
SA
SPO Advisory
San Anselmo,
California
|
+$87.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$74.9M |
| 4 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$65.2M |
| 5 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$44.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$229M |
| 2 |
CAM
Contour Asset Management
New York
|
-$97.1M |
| 3 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$77.9M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$77.4M |
| 5 |
MCM
Moore Capital Management
New York
|
-$41.3M |
Z Hedge Fund Activity: Q3 2018 in Review
244 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q3 2018, worth a combined $5.59B — down 23% from $7.22B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of Z and 30 opened new positions — a net loss of 25 holders — while 62 trimmed existing stakes and 105 added.
The largest buyer was Technology Crossover Management VIII, opening a new position worth an estimated $98.3M. The largest seller was PAR Capital Management, exiting entirely with an estimated $229M sold.
- 244 institutional investors held Zillow (Z) as of Q3 2018, down from 269 in Q2 2018.
- Funds reported $5.59B of Zillow stock for Q3 2018, down 23% quarter-over-quarter.
- 30 funds opened new Zillow positions in Q3 2018 and 55 closed out, a net change of -25 holders.
- The largest Zillow buyer in Q3 2018 was Technology Crossover Management VIII, an estimated $98.3M added.
- The largest Zillow seller in Q3 2018 was PAR Capital Management, an estimated $229M sold.
Based on aggregated 13F filings for Q3 2018.