Zillow
153 hedge funds and large institutions have $1.86B invested in Zillow in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 32 increasing their positions, 50 reducing their positions, and 30 closing their positions.
94.6% more ownership
Funds ownership: 0% → 94.6% (+95%)
89% more call options, than puts
Call options by funds: $70.5M | Put options by funds: $37.2M
8% more capital invested
Capital invested by funds: $1.72B → $1.86B (+$144M)
7% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 30
1% less funds holding
Funds holding: 155 → 153 (-2)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
36% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
+$34.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.4M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$17.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$9.68M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$31M |
| 2 |
BAMCO Inc
New York
|
-$17.5M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$16.6M |
| 4 |
PFU
Parus Finance (UK)
London,
United Kingdom
|
-$11M |
| 5 |
CC
Crosslink Capital
Menlo Park,
California
|
-$10.9M |
ZG Hedge Fund Activity: Q4 2016 in Review
153 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q4 2016, worth a combined $1.86B — up 8.4% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ZG positions and 30 closed out — a net gain of 2 holders — while 32 added to existing stakes and 50 trimmed.
The largest buyer was SRS Investment Management, opening a new position worth an estimated $34.6M. The largest seller was Morgan Stanley, cutting an estimated $31M.
- 153 institutional investors held Zillow (ZG) as of Q4 2016, down from 155 in Q3 2016.
- Funds reported $1.86B of Zillow stock for Q4 2016, up 8.4% quarter-over-quarter.
- 32 funds opened new Zillow positions in Q4 2016 and 30 closed out, a net change of +2 holders.
- The largest Zillow buyer in Q4 2016 was SRS Investment Management, an estimated $34.6M added.
- The largest Zillow seller in Q4 2016 was Morgan Stanley, an estimated $31M sold.
Based on aggregated 13F filings for Q4 2016.