Zillow
156 hedge funds and large institutions have $2.34B invested in Zillow in 2013 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 15 closing their positions.
220% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 15
54% more capital invested
Capital invested by funds: $1.52B → $2.34B (+$825M)
26% more funds holding
Funds holding: 124 → 156 (+32)
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
27% less call options, than puts
Call options by funds: $85.2M | Put options by funds: $116M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$89.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$71M |
| 3 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$61.8M |
| 4 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$54.2M |
| 5 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$48.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management V
Menlo Park,
California
|
-$124M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$59.6M |
| 3 |
BAMCO Inc
New York
|
-$34.4M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$34.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.1M |
ZG Hedge Fund Activity: Q3 2013 in Review
156 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q3 2013, worth a combined $2.34B — up 54% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new ZG positions and 15 closed out — a net gain of 33 holders — while 52 added to existing stakes and 45 trimmed.
The largest buyer was Gilder Gagnon Howe & Co, opening a new position worth an estimated $89.9M. The largest seller was Technology Crossover Management V, cutting an estimated $124M.
- 156 institutional investors held Zillow (ZG) as of Q3 2013, up from 124 in Q2 2013.
- Funds reported $2.34B of Zillow stock for Q3 2013, up 54% quarter-over-quarter.
- 48 funds opened new Zillow positions in Q3 2013 and 15 closed out, a net change of +33 holders.
- The largest Zillow buyer in Q3 2013 was Gilder Gagnon Howe & Co, an estimated $89.9M added.
- The largest Zillow seller in Q3 2013 was Technology Crossover Management V, an estimated $124M sold.
Based on aggregated 13F filings for Q3 2013.