We are live on ! Find out more

280 hedge funds and large institutions have $2.92B invested in Zillow in 2025 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 96 increasing their positions, 98 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

1.58% more ownership

Funds ownership: 80.61%82.18% (+1.6%)

0% less capital invested

Capital invested by funds: $2.93B → $2.92B (-$8.21M)

2% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 98

7% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 41

1% less funds holding

Funds holding: 284280 (-4)

57% less call options, than puts

Call options by funds: $17.2M | Put options by funds: $40M

Holders
280
Holders Change
-4
Holders Change %
-1.41%
% of All Funds
3.69%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.09%
New
38
Increased
96
Reduced
98
Closed
41
Calls
$17.2M
Puts
$40M
Net Calls
-$22.8M
Net Calls Change
-$3.63M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$12.4M -$1.94M -29,268 -14%
Bank of America
27
Bank of America
North Carolina
$11.9M +$1.86M +28,032 +19%
D.E. Shaw & Co
28
D.E. Shaw & Co
New York
$11.8M -$9.54K -144 -0.1%
Twin Tree Management
29
Twin Tree Management
Texas
$11.6M +$1.03M +15,559 +10%
Renaissance Technologies
30
Renaissance Technologies
New York
$10.5M +$1.76M +26,500 +21%
OCM
31
Ogborne Capital Management
California
$10.3M +$3.31M +50,000 +50%
California Public Employees Retirement System
32
California Public Employees Retirement System
California
$9.48M +$617K +9,322 +7%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$9.19M -$1.15M -17,321 -11%
BCM
34
Barrier Capital Management
California
$8.48M +$3.07M +46,360 +60%
Deutsche Bank
35
Deutsche Bank
Germany
$8.34M +$47.2K +713 +0.6%
N
36
Nuveen
North Carolina
$8.13M -$1M -15,170 -11%
Carson Wealth (CWM LLC)
37
Carson Wealth (CWM LLC)
Nebraska
$7.92M -$167K -2,523 -2%
GC
38
Garde Capital
Washington
$7.36M +$1.13K +17 +0%
TCMI
39
Technology Crossover Management IX
California
$6.85M
Ninety One (UK)
40
Ninety One (UK)
United Kingdom
$6.75M -$103K -1,559 -2%
Goldman Sachs
41
Goldman Sachs
New York
$6.4M +$1.57M +23,766 +34%
NCM
42
Nellore Capital Management
California
$6.32M +$3.04M +45,932 +99%
Baillie Gifford & Co
43
Baillie Gifford & Co
United Kingdom
$6.27M -$52.9K -798 -0.9%
CW
44
CreativeOne Wealth
Kansas
$6.25M -$2.97M -44,911 -33%
UBS AM
45
UBS AM
Illinois
$6.02M +$199 +3 +0%
US Bancorp
46
US Bancorp
Minnesota
$5.74M -$1.46M -22,093 -21%
VF
47
Virtu Financial
New York
$5.41M -$7.01M -105,765 -57%
Thrivent Financial for Lutherans
48
Thrivent Financial for Lutherans
Minnesota
$4.83M -$152K -2,298 -3%
Legal & General Group
49
Legal & General Group
United Kingdom
$4.73M -$324K -4,898 -7%
HIC
50
Hartline Investment Corp
Illinois
$4.69M -$283K -4,269 -6%

ZG Hedge Fund Activity: Q2 2025 in Review

280 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q2 2025, worth a combined $2.92B — down 0.28% from $2.93B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of ZG and 38 opened new positions — a net loss of 3 holders — while 98 trimmed existing stakes and 96 added.

The largest buyer was Vanguard Group, adding an estimated $31.3M. The largest seller was State of Wisconsin Investment Board, cutting an estimated $57.8M.

  • 280 institutional investors held Zillow (ZG) as of Q2 2025, down from 284 in Q1 2025.
  • Funds reported $2.92B of Zillow stock for Q2 2025, down 0.28% quarter-over-quarter.
  • 38 funds opened new Zillow positions in Q2 2025 and 41 closed out, a net change of -3 holders.
  • The largest Zillow buyer in Q2 2025 was Vanguard Group, an estimated $31.3M added.
  • The largest Zillow seller in Q2 2025 was State of Wisconsin Investment Board, an estimated $57.8M sold.

Based on aggregated 13F filings for Q2 2025.