Zillow
266 hedge funds and large institutions have $5.99B invested in Zillow in 2020 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 97 increasing their positions, 73 reducing their positions, and 53 closing their positions.
88% more call options, than puts
Call options by funds: $317M | Put options by funds: $168M
33% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 73
1.4% more ownership
Funds ownership: 113.76% → 115.16% (+1.4%)
3% less funds holding
Funds holding: 275 → 266 (-9)
13% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 53
20% less capital invested
Capital invested by funds: $7.47B → $5.99B (-$1.48B)
26% less funds holding in top 10
Funds holding in top 10: 23 → 17 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
+$183M |
| 2 |
VCM
Valiant Capital Management
San Francisco,
California
|
+$66.6M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$57.8M |
| 4 |
EC
Eminence Capital
New York
|
+$53.9M |
| 5 |
Citigroup
New York
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$66.5M |
| 2 |
Morgan Stanley
New York
|
-$65.8M |
| 3 |
Goldman Sachs
New York
|
-$54.9M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$52.5M |
| 5 |
SPC
Slate Path Capital
New York
|
-$35.8M |
Z Hedge Fund Activity: Q1 2020 in Review
266 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q1 2020, worth a combined $5.99B — down 20% from $7.47B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of Z and 46 opened new positions — a net loss of 7 holders — while 73 trimmed existing stakes and 97 added.
The largest buyer was Sands Capital Management, opening a new position worth an estimated $183M. The largest seller was Barclays, cutting an estimated $66.5M.
- 266 institutional investors held Zillow (Z) as of Q1 2020, down from 275 in Q4 2019.
- Funds reported $5.99B of Zillow stock for Q1 2020, down 20% quarter-over-quarter.
- 46 funds opened new Zillow positions in Q1 2020 and 53 closed out, a net change of -7 holders.
- The largest Zillow buyer in Q1 2020 was Sands Capital Management, an estimated $183M added.
- The largest Zillow seller in Q1 2020 was Barclays, an estimated $66.5M sold.
Based on aggregated 13F filings for Q1 2020.