Zillow
299 hedge funds and large institutions have $2.9B invested in Zillow in 2025 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 97 increasing their positions, 94 reducing their positions, and 49 closing their positions.
1,487% more call options, than puts
Call options by funds: $101M | Put options by funds: $6.38M
3.63% more ownership
Funds ownership: 82.12% → 85.75% (+3.6%)
4% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 49
3% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 94
1% less funds holding
Funds holding: 303 → 299 (-4)
5% less capital invested
Capital invested by funds: $3.06B → $2.9B (-$158M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$74.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.7M |
| 3 |
MC
Maplelane Capital
New York
|
+$22.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$22.1M |
| 5 |
Tiger Global Management
New York
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$101M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27.6M |
| 3 |
Coatue Management
New York
|
-$24.4M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$22.1M |
| 5 |
VF
Virtu Financial
New York
|
-$21.9M |
ZG Hedge Fund Activity: Q4 2025 in Review
299 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Zillow (ZG) for Q4 2025, worth a combined $2.9B — down 5.2% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new ZG positions and 49 closed out — a net gain of 2 holders — while 97 added to existing stakes and 94 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $74.8M. The largest seller was State of Wisconsin Investment Board, cutting an estimated $101M.
- 299 institutional investors held Zillow (ZG) as of Q4 2025, down from 303 in Q3 2025.
- Funds reported $2.9B of Zillow stock for Q4 2025, down 5.2% quarter-over-quarter.
- 51 funds opened new Zillow positions in Q4 2025 and 49 closed out, a net change of +2 holders.
- The largest Zillow buyer in Q4 2025 was Fidelity Investments, an estimated $74.8M added.
- The largest Zillow seller in Q4 2025 was State of Wisconsin Investment Board, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2025.