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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
CWM
101
CIBC World Markets
New York
$946K -$90.5K -1,367 -9%
Two Sigma Advisers
102
Two Sigma Advisers
New York
$938K -$595K -8,990 -40%
IMRF
103
Illinois Municipal Retirement Fund
Illinois
$927K +$896K +13,532 New
Vontobel Holding
104
Vontobel Holding
Switzerland
$919K -$2.38K -36 -0.3%
Wells Fargo
105
Wells Fargo
California
$911K -$45.5K -687 -5%
HT
106
Headlands Technologies
Illinois
$893K +$864K +13,040 New
AWA
107
Arkadios Wealth Advisors
Georgia
$877K +$848K +12,800 New
A
108
AlphaQuest
New York
$870K +$346K +5,219 +70%
Stifel Financial
109
Stifel Financial
Missouri
$848K -$652K -9,850 -44%
Sumitomo Mitsui Trust Group
110
Sumitomo Mitsui Trust Group
Japan
$837K
EI
111
Ethic Inc
New York
$835K +$192K +2,901 +31%
Mariner
112
Mariner
Kansas
$821K +$149K +2,250 +23%
SPA
113
Sherbrooke Park Advisers
New York
$791K +$765K +11,556 New
SQA
114
Simon Quick Advisors
New Jersey
$777K -$106K -1,604 -12%
IC
115
IEQ Capital
California
$749K -$107K -1,621 -13%
AllianceBernstein
116
AllianceBernstein
Tennessee
$713K +$5.03K +76 +0.7%
Citadel Advisors
117
Citadel Advisors
Florida
$699K -$6.06M -91,524 -90%
KJHP
118
K.J. Harrison & Partners
Ontario, Canada
$685K +$662K +10,000 New
Pathstone Holdings
119
Pathstone Holdings
New Jersey
$684K +$5.7K +86 +0.9%
GCP
120
Garda Capital Partners
Minnesota
$677K +$405K +6,107 +162%
CIM
121
CIM Investment Management
Pennsylvania
$633K -$2.25K -34 -0.4%
BAMF
122
BI Asset Management Fondsmaeglerselskab
Denmark
$630K +$35K +529 +6%
VT
123
Vise Technologies
New York
$602K +$582K +8,788 New
HSBC Holdings
124
HSBC Holdings
United Kingdom
$571K +$125K +1,886 +29%
HighTower Advisors
125
HighTower Advisors
Illinois
$555K +$12.5K +189 +2%

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.