ZILLOW GROUP INC ZG
CL A · Common Stock · CUSIP 98954M101 · ISIN US98954M1018
Online real estate database
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersSeattle, WA
- Founded2006
- Websitezillow.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.21. Options: 13 managers hold calls ($25.6m notional), 10 hold puts ($21.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 247 |
| Q4 2022 | 255 |
| Q1 2023 | 260 |
| Q2 2023 | 267 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 102 | 132 |
| Q1 2023 | 118 | 132 |
| Q2 2023 | 99 | 141 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $39.4m | $22.8m | 0.58 |
| Q4 2022 | $31.2m | $19.9m | 0.64 |
| Q1 2023 | $22.9m | $18.9m | 0.82 |
| Q2 2023 | $25.6m | $21.9m | 0.85 |
Biggest buyers
| PRUDENTIAL FINANCIAL INC | Added | +244.1k |
| Man Group plc | New | +232.8k |
| STATE OF WISCONSIN INVESTMENT BOARD | Added | +212.9k |
| UBS Group AG | Added | +204.2k |
| BANK OF MONTREAL /CAN/ | Added | +175.2k |
| MARSHALL WACE, LLP | Added | +146.9k |
| Force Hill Capital Management LP | Added | +106.5k |
| COATUE MANAGEMENT LLC | Added | +94.4k |
| FIRST TRUST ADVISORS LP | Added | +85.6k |
| Archon Partners LLC | New | +82.1k |
Biggest sellers
| SCOUT INVESTMENTS, INC. | Reduced | -301.3k |
| Hudson Bay Capital Management LP | Reduced | -300.0k |
| Man Group plc | Sold out | -296.4k |
| VANGUARD GROUP INC | Reduced | -274.1k |
| FMR LLC | Reduced | -264.3k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -235.3k |
| Coronation Fund Managers Ltd. | Sold out | -199.0k |
| BERKSHIRE CAPITAL HOLDINGS INC | Reduced | -180.0k |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -132.3k |
| MORGAN STANLEY | Reduced | -130.8k |
Biggest calls
| WOLVERINE TRADING, LLC | Added | $6.0m122.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.7m115.9k shares |
| Walleye Trading LLC | Reduced | $4.1m84.0k shares |
| CITADEL ADVISORS LLC | Added | $3.2m65.9k shares |
| JANE STREET GROUP, LLC | Added | $2.3m47.2k shares |
| Squarepoint Ops LLC | New | $1.7m33.7k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $1.2m25.0k shares |
| GROUP ONE TRADING LLC | Added | $669.1k13.6k shares |
| CMT Capital Markets Trading GmbH | Added | $281.0k5.6k shares |
| PEAK6 Investments LLC | Reduced | $226.3k4.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.7m95.3k shares |
| Walleye Trading LLC | Reduced | $3.8m78.2k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $3.6m72.5k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $2.9m599 shares |
| WOLVERINE TRADING, LLC | Added | $2.6m53.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m39.2k shares |
| Squarepoint Ops LLC | New | $1.0m20.5k shares |
| PEAK6 Investments LLC | Reduced | $767.5k15.6k shares |
| Walleye Capital LLC | New | $496.9k10.1k shares |
| Cutler Group LLC / CA | Added | $7.0k3.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Caledonia (Private) Investments Pty Ltd 13G · institution +1.9 pts · filed 2026-05-15 | 26.8% |
| Capital World Investors 13G · institution +5.5 pts · filed 2026-08-06 | 10.4% |
| BARTON RICHARD N 13D · may seek influence +1.0 pts · filed 2026-06-15 | 9.2% |
| Independent Franchise Partners LLP 13G · institution +2.7 pts · filed 2026-08-13 | 8.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution -1.7 pts · filed 2026-07-31 | 6.9% |
| Frink Lloyd D 13D · may seek influence filed 2026-02-18 | 6.7% |
Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (4.4%, 2026-07-31; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), FMR LLC (0.4%, 2026-05-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), NORGES BANK (4.9%, 2026-01-27)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 11 | $6.1m | — |
| Q1 2022 | 0 | — | 11 | $2.5m | — |
| Q2 2022 | 0 | — | 7 | $1.5m | — |
| Q3 2022 | 0 | — | 8 | $2.3m | — |
| Q4 2022 | 0 | — | 8 | $3.2m | — |
| Q1 2023 | 0 | — | 8 | $4.0m | $179.7k |
| Q2 2023 | 0 | — | 8 | $3.3m | $650.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-22 | Daimler Susan President of Zillow | Sold | $491.9k10.8k shares |
| 2023-05-22 | Daimler Susan President of Zillow | Sold | $290.2k6.4k shares |
| 2023-05-19 | Wacksman Jeremy Chief Operating Officer | Sold plan | $330.8k7.4k shares |
| 2023-05-19 | Spaulding Dan Chief People Officer | Sold | $281.5k6.2k shares |
| 2023-05-19 | Owens Bradley D. General Counsel | Sold plan | $85.5k1.9k shares |
| 2023-05-17 | Parker Allen Chief Financial Officer | Sold | $315.8k7.1k shares |
| 2023-05-17 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $269.7k6.0k shares |
| 2023-05-17 | Wacksman Jeremy Chief Operating Officer | Sold plan | $192.0k4.3k shares |
| 2023-05-17 | Daimler Susan President of Zillow | Sold | $163.3k3.7k shares |
| 2023-05-17 | Beitel David A. Chief Technology Officer | Sold | $160.6k3.6k shares |
| 2023-05-17 | Rock Jennifer Chief Accounting Officer | Sold | $96.6k2.2k shares |
| 2023-05-17 | Daimler Susan President of Zillow | Sold | $94.4k2.1k shares |
| 2023-05-17 | Spaulding Dan Chief People Officer | Sold | $89.9k2.0k shares |
| 2023-05-17 | Owens Bradley D. General Counsel | Sold plan | $42.3k946 shares |
| 2023-05-05 | Rock Jennifer Chief Accounting Officer | Sold | $98.0k2.0k shares |
| 2023-05-04 | Rock Jennifer Chief Accounting Officer | Sold | $292.5k6.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Caledonia (Private) Investments Pty Ltd 17.03% of their portfolio | 15.8m $777.2m | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.6m $324.5m | Reduced -274.1k |
| Independent Franchise Partners LLP 0.98% of their portfolio | 2.4m $116.8m | Added +5.4k |
| BlackRock Inc. 0.00% of their portfolio | 2.3m $115.3m | Reduced -127.0k |
| NORGES BANK 0.02% of their portfolio | 2.0m $97.9m | Reduced -10.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 980.8k $48.3m | Reduced -24.6k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 825.0k $40.6m | Reduced -119.2k |
| STATE STREET CORP 0.00% of their portfolio | 812.6k $40.0m | Reduced -10.0k |
| Echo Street Capital Management LLC 0.30% of their portfolio | 712.5k $35.1m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.09% of their portfolio | 654.2k $32.2m | Added +212.9k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 628.9k $30.9m | Reduced -38.2k |
| COATUE MANAGEMENT LLC 0.12% of their portfolio | 482.3k $23.7m | Added +94.4k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 444.6k $21.9m | Added +85.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 389.9k $19.2m | Added +19.9k |
| Technology Crossover Management VIII, Ltd. 1.48% of their portfolio | 384.3k $18.9m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 375.3k $18.5m | Added +3.9k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 365.7k $18.1m | Added +175.2k |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 333.2k $16.4m | Added +4.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 328.7k $16.2m | Reduced -2.8k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 313.9k $15.4m | Added +244.1k |
| Fayez Sarofim & Co 0.05% of their portfolio | 310.9k $15.3m | Unchanged |
| CQS (US), LLC 1.54% of their portfolio | 259.7k $12.8m | Unchanged |
| Force Hill Capital Management LP 2.72% of their portfolio | 255.4k $12.6m | Added +106.5k |
| UBS Group AG 0.01% of their portfolio | 254.3k $12.5m | Added +204.2k |
| Think Investments LP 2.59% of their portfolio | 233.2k $11.5m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 232.9k $11.5m | Reduced -8.4k |
| Man Group plc 0.04% of their portfolio | 232.8k $11.5m | New |
| MORGAN STANLEY 0.00% of their portfolio | 205.4k $10.1m | Reduced -130.8k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 204.2k $10.0m | Reduced -1.1k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 192.2k $9.5m | Added +146.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 187.4k $9.2m | Reduced -57.0k |
| Selkirk Management LLC 7.74% of their portfolio | 185.5k $9.1m | Added +55.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 181.5k $8.9m | Reduced -25.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 175.9k $8.7m | Reduced -9.0k |
| US BANCORP \DE\ 0.01% of their portfolio | 173.6k $8.5m | Reduced -5.4k |
| Tabor Asset Management, LP 4.49% of their portfolio | 166.5k $8.2m | Reduced -52.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 160.7k $7.9m | Reduced -132.3k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 138.9k $6.8m | Reduced -4.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 135.1k $6.6m | Reduced -12.6k |
| Legal & General Group Plc 0.00% of their portfolio | 133.1k $6.5m | Reduced -3.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 131.4k $6.5m | Reduced -924 |
| SCOUT INVESTMENTS, INC. 0.14% of their portfolio | 129.6k $6.8m | Reduced -301.3k |
| CITIGROUP INC 0.01% of their portfolio | 129.4k $6.4m | Added +45.9k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 124.5k $6.1m | Added +1.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 119.7k $5.9m | Added +4.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 118.3k $5.8m | Added +34.6k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 108.7k $5.3m | Reduced -11.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 107.0k $5.3m | Reduced -8.1k |
| Hook Mill Capital Partners, LP 3.14% of their portfolio | 107.0k $5.3m | Reduced -57.7k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 101.7k $5.0m | Added +42.9k |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 100.0k $4.9m | Reduced -300.0k |
| Technology Crossover Management IX, Ltd. 0.38% of their portfolio | 100.0k $4.9m | Unchanged |
| AQR Arbitrage LLC 0.20% of their portfolio | 92.0k $4.5m | Unchanged |
| FMR LLC 0.00% of their portfolio | 86.6k $4.3m | Reduced -264.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 86.4k $4.3m | Added +31.4k |
| Archon Partners LLC 0.60% of their portfolio | 82.1k $4.0m | New |
| Laird Norton Wetherby Trust Company, LLC 0.47% of their portfolio | 81.6k $4.0m | Reduced -100 |
| Virtu Financial LLC 0.29% of their portfolio | 77.9k $3.8m | Added +40.6k |
| GSA CAPITAL PARTNERS LLP 0.37% of their portfolio | 74.3k $3.7m | Added +56.2k |
| Brookfield Corp /ON/ 0.01% of their portfolio | 71.9k $3.5m | Reduced -29.7k |
| TKG Advisors, LLC 2.28% of their portfolio | 71.4k $3.5m | Reduced -1.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 70.3k $3.5m | Added +9.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 67.6k $3.3m | Reduced -6.4k |
| REGIONS FINANCIAL CORP 0.03% of their portfolio | 67.3k $3.3m | Reduced -996 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 65.4k $3.2m | Added +14.6k |
| PINEBRIDGE INVESTMENTS, L.P. 0.03% of their portfolio | 64.9k $3.2m | Reduced -5.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 63.8k $3.1m | Added +2.5k |
| EFG Asset Management (North America) Corp. 0.67% of their portfolio | 63.4k $3.1m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 63.2k $2.8m | Unchanged |
| PGGM Investments 0.05% of their portfolio | 60.6k $3.0m | Unchanged |
| Garde Capital, Inc. 0.24% of their portfolio | 59.7k $2.9m | Added +100 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 56.2k $2.8m | Added +25.5k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.28% of their portfolio | 54.8k $2.7m | Unchanged |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 54.7k $2.7m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 54.5k $2.7m | Reduced -1.8k |
| Aubrey Capital Management Ltd 1.70% of their portfolio | 52.5k $2.6m | Added +46.2k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 51.2k $2.5m | Reduced -3.1k |
| Verde Capital Management 0.92% of their portfolio | 49.5k $2.4m | Reduced -919 |
| G&S Capital LLC 1.09% of their portfolio | 46.1k $2.3m | Reduced -972 |
| HARTLINE INVESTMENT CORP/ 0.36% of their portfolio | 43.0k $2.1m | Added +45 |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 40.1k $2.0m | Reduced -21.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 37.4k $1.8m | Reduced -17.1k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 37.3k $1.8m | Reduced -49.8k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 37.2k $1.8m | Reduced -322 |
| TYBOURNE CAPITAL MANAGEMENT (HK) LTD 0.20% of their portfolio | 37.2k $1.8m | Added +12.3k |
| Invesco Ltd. 0.00% of their portfolio | 35.4k $1.7m | Reduced -1.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 35.4k $1.7m | Added +24.2k |
| EFG CAPITAL INTERNATIONAL CORP. 0.40% of their portfolio | 35.2k $1.7m | First filing |
| EFG Private Wealth Management (Americas) Corp. 0.40% of their portfolio | 35.2k $1.7m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 34.0k $1.7m | Added +10.2k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 33.6k $1.7m | Added +9.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 33.4k $1.6m | Reduced -74.8k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 32.9k $1.6m | Reduced -33.7k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.02% of their portfolio | 32.0k $1.6m | Reduced -3.0k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.16% of their portfolio | 31.9k $1.6m | Added +12.5k |
| Silvant Capital Management LLC 0.09% of their portfolio | 31.5k $1.6m | New |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio | 31.0k $1.5m | Reduced -25.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 30.5k $1.5m | Reduced -3.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 29.9k $1.5m | Reduced -2.4k |
| Garner Asset Management Corp 0.82% of their portfolio | 29.7k $1.5m | Reduced -3.8k |