Zillow
167 hedge funds and large institutions have $2.94B invested in Zillow in 2014 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 68 increasing their positions, 46 reducing their positions, and 18 closing their positions.
106% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 18
48% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 46
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
24% more capital invested
Capital invested by funds: $2.38B → $2.94B (+$566M)
11% more funds holding
Funds holding: 151 → 167 (+16)
34% less call options, than puts
Call options by funds: $153M | Put options by funds: $230M
Top Buyers
| 1 |
Tiger Global Management
New York
|
+$140M |
| 2 |
Morgan Stanley
New York
|
+$124M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$79.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$48.1M |
| 5 |
ACM
Andor Capital Management
Rye Brook,
New York
|
+$34.2M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Mitsubishi UFJ Asset Management
Tokyo,
Japan
| – | -$757K | -27,750 | Closed |
|
177
Daiwa Securities Group
Tokyo,
Japan
| – | -$703K | -26,262 | Closed |
|
178
Nomura Asset Management
Tokyo,
Japan
| – | -$613K | -22,500 | Closed |
|
179
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$634K | -21,900 | Closed |
|
180
D.E. Shaw & Co
New York
| – | -$318K | -11,172 | Closed |
|
|
ID
181
Integral Derivatives
New York
| – | -$311K | -10,908 | Closed |
|
|
WAM
182
Wolverine Asset Management
Chicago,
Illinois
| – | -$188K | -6,600 | Closed |
|
183
Parallax Volatility Advisers
San Francisco,
California
| – | -$61.9K | -2,172 | Closed |
|
|
FA
184
Financial Advantage
Columbia,
Maryland
| – | -$12K | -450 | Closed |
|
|
WA
185
WFG Advisors
Dallas,
Texas
| – | -$1K | -54 | Closed |
|
ZG Hedge Fund Activity: Q1 2014 in Review
167 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q1 2014, worth a combined $2.94B — up 24% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ZG positions and 18 closed out — a net gain of 19 holders — while 68 added to existing stakes and 46 trimmed.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $140M. The largest seller was JAT Capital Management LP (Connecticut), exiting entirely with an estimated $68.1M sold.
- 167 institutional investors held Zillow (ZG) as of Q1 2014, up from 151 in Q4 2013.
- Funds reported $2.94B of Zillow stock for Q1 2014, up 24% quarter-over-quarter.
- 37 funds opened new Zillow positions in Q1 2014 and 18 closed out, a net change of +19 holders.
- The largest Zillow buyer in Q1 2014 was Tiger Global Management, an estimated $140M added.
- The largest Zillow seller in Q1 2014 was JAT Capital Management LP (Connecticut), an estimated $68.1M sold.
Based on aggregated 13F filings for Q1 2014.