Zillow
143 hedge funds and large institutions have $1.94B invested in Zillow in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 42 reducing their positions, and 22 closing their positions.
55% more call options, than puts
Call options by funds: $19.3M | Put options by funds: $12.4M
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
3.4% less ownership
Funds ownership: 90.05% → 86.65% (-3.4%)
7% less funds holding
Funds holding: 153 → 143 (-10)
19% less capital invested
Capital invested by funds: $2.41B → $1.94B (-$468M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$11.8M |
| 2 |
Millennium Management
New York
|
+$11.2M |
| 3 |
SIM
Spark Investment Management
New York
|
+$10.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.52M |
| 5 |
SA
SPO Advisory
San Anselmo,
California
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
-$27.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.2M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$9.83M |
| 4 |
CC
Crosslink Capital
Menlo Park,
California
|
-$9.5M |
| 5 |
Two Sigma Investments
New York
|
-$8.31M |
ZG Hedge Fund Activity: Q3 2017 in Review
143 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q3 2017, worth a combined $1.94B — down 19% from $2.41B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ZG and 14 opened new positions — a net loss of 8 holders — while 42 trimmed existing stakes and 46 added.
The largest buyer was Caledonia Investments (Australia), adding an estimated $11.8M. The largest seller was Technology Crossover Management VIII, cutting an estimated $27.7M.
- 143 institutional investors held Zillow (ZG) as of Q3 2017, down from 153 in Q2 2017.
- Funds reported $1.94B of Zillow stock for Q3 2017, down 19% quarter-over-quarter.
- 14 funds opened new Zillow positions in Q3 2017 and 22 closed out, a net change of -8 holders.
- The largest Zillow buyer in Q3 2017 was Caledonia Investments (Australia), an estimated $11.8M added.
- The largest Zillow seller in Q3 2017 was Technology Crossover Management VIII, an estimated $27.7M sold.
Based on aggregated 13F filings for Q3 2017.