Zillow
280 hedge funds and large institutions have $5B invested in Zillow in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 108 increasing their positions, 62 reducing their positions, and 23 closing their positions.
231% more call options, than puts
Call options by funds: $279M | Put options by funds: $84.5M
139% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 23
74% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 62
29% more funds holding in top 10
Funds holding in top 10: 14 → 18 (+4)
15% more capital invested
Capital invested by funds: $4.34B → $5B (+$656M)
12% more funds holding
Funds holding: 249 → 280 (+31)
4.95% more ownership
Funds ownership: 98.85% → 103.8% (+5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$227M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$188M |
| 3 |
SIM
SRS Investment Management
New York
|
+$56.6M |
| 4 |
SPC
Slate Path Capital
New York
|
+$35.7M |
| 5 |
CAM
Contour Asset Management
New York
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$147M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$99.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$67.9M |
| 4 |
RP
Regal Partners
Sydney, NSW,
Australia
|
-$41.2M |
| 5 |
JCAM
Jericho Capital Asset Management
New York
|
-$33M |
Z Hedge Fund Activity: Q1 2019 in Review
280 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q1 2019, worth a combined $5B — up 15% from $4.34B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new Z positions and 23 closed out — a net gain of 32 holders — while 108 added to existing stakes and 62 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $227M. The largest seller was Viking Global Investors, exiting entirely with an estimated $147M sold.
- 280 institutional investors held Zillow (Z) as of Q1 2019, up from 249 in Q4 2018.
- Funds reported $5B of Zillow stock for Q1 2019, up 15% quarter-over-quarter.
- 55 funds opened new Zillow positions in Q1 2019 and 23 closed out, a net change of +32 holders.
- The largest Zillow buyer in Q1 2019 was Morgan Stanley, an estimated $227M added.
- The largest Zillow seller in Q1 2019 was Viking Global Investors, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2019.