Zillow
480 hedge funds and large institutions have $12.4B invested in Zillow in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 198 increasing their positions, 153 reducing their positions, and 72 closing their positions.
78% more call options, than puts
Call options by funds: $625M | Put options by funds: $351M
29% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 153
4% more capital invested
Capital invested by funds: $11.9B → $12.4B (+$458M)
0.83% more ownership
Funds ownership: 95.47% → 96.3% (+0.83%)
4% less funds holding
Funds holding: 499 → 480 (-19)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
22% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greencape Capital
Melbourne,
Australia
|
+$111M |
| 2 |
EC
Eminence Capital
New York
|
+$104M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$83.4M |
| 4 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$71.7M |
| 5 |
Tiger Global Management
New York
|
+$68.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$136M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$59.1M |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$49.5M |
| 4 |
Neuberger Berman Group
New York
|
-$48.1M |
| 5 |
CAM
Contour Asset Management
New York
|
-$43.8M |
Z Hedge Fund Activity: Q2 2025 in Review
480 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Zillow (Z) for Q2 2025, worth a combined $12.4B — up 3.8% from $11.9B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of Z and 56 opened new positions — a net loss of 16 holders — while 153 trimmed existing stakes and 198 added.
The largest buyer was Greencape Capital, adding an estimated $111M. The largest seller was Caledonia Investments (Australia), cutting an estimated $136M.
- 480 institutional investors held Zillow (Z) as of Q2 2025, down from 499 in Q1 2025.
- Funds reported $12.4B of Zillow stock for Q2 2025, up 3.8% quarter-over-quarter.
- 56 funds opened new Zillow positions in Q2 2025 and 72 closed out, a net change of -16 holders.
- The largest Zillow buyer in Q2 2025 was Greencape Capital, an estimated $111M added.
- The largest Zillow seller in Q2 2025 was Caledonia Investments (Australia), an estimated $136M sold.
Based on aggregated 13F filings for Q2 2025.