Zillow
280 hedge funds and large institutions have $2.92B invested in Zillow in 2025 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 96 increasing their positions, 98 reducing their positions, and 41 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
1.58% more ownership
Funds ownership: 80.61% → 82.18% (+1.6%)
0% less capital invested
Capital invested by funds: $2.93B → $2.92B (-$8.21M)
2% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 98
7% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 41
1% less funds holding
Funds holding: 284 → 280 (-4)
57% less call options, than puts
Call options by funds: $17.2M | Put options by funds: $40M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.3M |
| 2 |
Millennium Management
New York
|
+$29.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17.4M |
| 5 |
Tiger Global Management
New York
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$57.8M |
| 2 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$38.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$13M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$12.2M |
| 5 |
Coatue Management
New York
|
-$10.2M |
ZG Hedge Fund Activity: Q2 2025 in Review
280 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q2 2025, worth a combined $2.92B — down 0.28% from $2.93B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of ZG and 38 opened new positions — a net loss of 3 holders — while 98 trimmed existing stakes and 96 added.
The largest buyer was Vanguard Group, adding an estimated $31.3M. The largest seller was State of Wisconsin Investment Board, cutting an estimated $57.8M.
- 280 institutional investors held Zillow (ZG) as of Q2 2025, down from 284 in Q1 2025.
- Funds reported $2.92B of Zillow stock for Q2 2025, down 0.28% quarter-over-quarter.
- 38 funds opened new Zillow positions in Q2 2025 and 41 closed out, a net change of -3 holders.
- The largest Zillow buyer in Q2 2025 was Vanguard Group, an estimated $31.3M added.
- The largest Zillow seller in Q2 2025 was State of Wisconsin Investment Board, an estimated $57.8M sold.
Based on aggregated 13F filings for Q2 2025.