Zillow
151 hedge funds and large institutions have $2.38B invested in Zillow in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 48 reducing their positions, and 33 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 48
3% more capital invested
Capital invested by funds: $2.32B → $2.38B (+$60.7M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3% less funds holding
Funds holding: 156 → 151 (-5)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
31% less call options, than puts
Call options by funds: $83.3M | Put options by funds: $121M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$134M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$42.4M |
| 3 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$35.3M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$28.7M |
| 5 |
CAM
Contour Asset Management
New York
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$83.7M |
| 2 |
TCMV
Technology Crossover Management V
Menlo Park,
California
|
-$39.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$36.9M |
| 4 |
O
OppenheimerFunds
New York
|
-$15.1M |
| 5 |
Millennium Management
New York
|
-$13.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
USGIU
176
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$422K | -15,000 | Closed |
|
|
AL
177
Airain Ltd
St. Peter Port,
Guernsey
| – | -$411K | -14,634 | Closed |
|
|
HI
178
HBK Investments
Dallas,
Texas
| – | -$379K | -13,494 | Closed |
|
179
Tudor Investment Corp
Stamford,
Connecticut
| – | -$371K | -13,200 | Closed |
|
|
GCP
180
GSA Capital Partners
London,
United Kingdom
| – | -$329K | -11,715 | Closed |
|
181
HSBC Holdings
London,
United Kingdom
| – | -$210K | -7,455 | Closed |
|
|
BJ
182
BlackRock Japan
Tokyo,
Japan
| – | -$178K | -6,327 | Closed |
|
|
MUMSS
183
Mitsubishi UFJ Morgan Stanley Securities
Tokyo,
Japan
| – | -$49K | -1,740 | Closed |
|
184
Jones Financial Companies
Des Peres,
Missouri
| – | -$11K | -390 | Closed |
|
ZG Hedge Fund Activity: Q4 2013 in Review
151 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q4 2013, worth a combined $2.38B — up 2.6% from $2.32B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ZG and 29 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 61 added.
The largest buyer was Wellington Management Group, adding an estimated $134M. The largest seller was Fidelity Investments, exiting entirely with an estimated $83.7M sold.
- 151 institutional investors held Zillow (ZG) as of Q4 2013, down from 156 in Q3 2013.
- Funds reported $2.38B of Zillow stock for Q4 2013, up 2.6% quarter-over-quarter.
- 29 funds opened new Zillow positions in Q4 2013 and 33 closed out, a net change of -4 holders.
- The largest Zillow buyer in Q4 2013 was Wellington Management Group, an estimated $134M added.
- The largest Zillow seller in Q4 2013 was Fidelity Investments, an estimated $83.7M sold.
Based on aggregated 13F filings for Q4 2013.