Zillow
154 hedge funds and large institutions have $2.04B invested in Zillow in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 48 increasing their positions, 43 reducing their positions, and 17 closing their positions.
99% more call options, than puts
Call options by funds: $22.2M | Put options by funds: $11.1M
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
12% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 43
8% more funds holding
Funds holding: 143 → 154 (+11)
2.1% more ownership
Funds ownership: 86.65% → 88.75% (+2.1%)
5% more capital invested
Capital invested by funds: $1.94B → $2.04B (+$93.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
+$26.9M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
+$15.3M |
| 3 |
Millennium Management
New York
|
+$11.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.75M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$8.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$14.8M |
| 2 |
SIM
SRS Investment Management
New York
|
-$12M |
| 3 |
BAMCO Inc
New York
|
-$11.6M |
| 4 |
CC
Crosslink Capital
Menlo Park,
California
|
-$5.47M |
| 5 |
Renaissance Technologies
New York
|
-$3.48M |
ZG Hedge Fund Activity: Q4 2017 in Review
154 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q4 2017, worth a combined $2.04B — up 4.8% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ZG positions and 17 closed out — a net gain of 11 holders — while 48 added to existing stakes and 43 trimmed.
The largest buyer was Technology Crossover Management VIII, adding an estimated $26.9M. The largest seller was Altimeter Capital Management, exiting entirely with an estimated $14.8M sold.
- 154 institutional investors held Zillow (ZG) as of Q4 2017, up from 143 in Q3 2017.
- Funds reported $2.04B of Zillow stock for Q4 2017, up 4.8% quarter-over-quarter.
- 28 funds opened new Zillow positions in Q4 2017 and 17 closed out, a net change of +11 holders.
- The largest Zillow buyer in Q4 2017 was Technology Crossover Management VIII, an estimated $26.9M added.
- The largest Zillow seller in Q4 2017 was Altimeter Capital Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2017.