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 ($2.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $70.60. Options: 11 managers hold calls ($21.2m notional), 11 hold puts ($13.6m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 247 |
| Q4 2022 | 255 |
| Q1 2023 | 260 |
| Q2 2023 | 267 |
| Q3 2023 | 261 |
| Q4 2023 | 272 |
| Q1 2024 | 259 |
| Q2 2024 | 248 |
| Q3 2024 | 279 |
| Q4 2024 | 312 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 118 | 132 |
| Q2 2023 | 99 | 141 |
| Q3 2023 | 105 | 132 |
| Q4 2023 | 127 | 126 |
| Q1 2024 | 122 | 132 |
| Q2 2024 | 103 | 137 |
| Q3 2024 | 132 | 120 |
| Q4 2024 | 138 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $33.4m | $13.0m | 0.39 |
| Q2 2024 | $26.5m | $12.9m | 0.49 |
| Q3 2024 | $49.0m | $17.1m | 0.35 |
| Q4 2024 | $21.2m | $13.6m | 0.64 |
Biggest buyers
| NORGES BANK | Added | +493.4k |
| STATE OF WISCONSIN INVESTMENT BOARD | Added | +384.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +241.3k |
| Virtu Financial LLC | Added | +211.5k |
| Qube Research & Technologies Ltd | New | +129.0k |
| BlackRock, Inc. | Added | +116.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +115.7k |
| Nellore Capital Management LLC | New | +96.3k |
| Schonfeld Strategic Advisors LLC | Added | +93.4k |
| CWM, LLC | Added | +70.5k |
Biggest sellers
| Caledonia (Private) Investments Pty Ltd | Reduced | -396.5k |
| OGBORNE CAPITAL MANAGEMENT, LLC | Reduced | -275.0k |
| Camelot Capital Partners, LLC | Reduced | -227.0k |
| Cynosure Group, LLC | Sold out | -197.8k |
| MIRABELLA FINANCIAL SERVICES LLP | Sold out | -183.3k |
| Balyasny Asset Management L.P. | Sold out | -180.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -165.9k |
| COATUE MANAGEMENT LLC | Reduced | -164.1k |
| Philadelphia Financial Management of San Francisco, LLC | Sold out | -158.5k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -158.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.9m139.7k shares |
| JANE STREET GROUP, LLC | Added | $4.3m60.9k shares |
| WOLVERINE TRADING, LLC | Added | $1.8m25.4k shares |
| ROYAL BANK OF CANADA | Unchanged | $1.2m17.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m16.4k shares |
| IMC-Chicago, LLC | Reduced | $1.0m14.3k shares |
| Walleye Trading LLC | Added | $935.2k13.2k shares |
| MILLENNIUM MANAGEMENT LLC | New | $347.2k4.9k shares |
| D. E. Shaw & Co., Inc. | New | $283.4k4.0k shares |
| Twin Tree Management, LP | Reduced | $269.2k3.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $4.4m62.8k shares |
| Twin Tree Management, LP | Added | $3.3m47.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $1.4m19.8k shares |
| IMC-Chicago, LLC | Unchanged | $1.2m16.6k shares |
| WOLVERINE TRADING, LLC | Added | $1.1m15.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $921.0k13.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $581.0k82 shares |
| JANE STREET GROUP, LLC | Reduced | $439.3k6.2k shares |
| Walleye Trading LLC | Reduced | $85.0k1.2k shares |
| GROUP ONE TRADING LLC | Reduced | $70.8k1.0k 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 Q4 2024
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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 8 | $4.0m | $179.7k |
| Q2 2023 | 0 | — | 8 | $3.3m | $650.6k |
| Q3 2023 | 0 | — | 8 | $4.9m | $747.1k |
| Q4 2023 | 0 | — | 9 | $3.8m | $493.3k |
| Q1 2024 | 0 | — | 10 | $14.4m | $7.5m |
| Q2 2024 | 1 | $100.0m | 9 | $3.7m | $1.4m |
| Q3 2024 | 0 | — | 13 | $12.9m | $2.8m |
| Q4 2024 | 0 | — | 13 | $25.0m | $4.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-06 | Rock Jennifer Chief Accounting Officer | Sold | $251.1k3.0k shares |
| 2024-12-04 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold | $2.8m33.3k shares |
| 2024-12-04 | Hofmann Jeremy Chief Financial Officer | Sold plan | $2.1m25.0k shares |
| 2024-12-03 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold | $2.8m33.3k shares |
| 2024-12-03 | Cormier Thielke Claire Director | Sold plan | $118.0k1.4k shares |
| 2024-12-03 | Underwood April Director | Sold | $59.7k706 shares |
| 2024-12-02 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold | $2.8m33.3k shares |
| 2024-12-02 | BLACHFORD ERIK C Director | Sold plan | $118.7k1.4k shares |
| 2024-11-29 | Spaulding Dan Chief People Officer | Sold plan | $393.6k4.6k shares |
| 2024-11-27 | Hofmann Jeremy Chief Financial Officer | Sold plan | $612.5k7.2k shares |
| 2024-11-25 | Choo Jun Chief Operating Officer | Sold | $494.1k5.8k shares |
| 2024-11-22 | Beitel David A. Chief Technology Officer | Sold | $994.3k11.9k shares |
| 2024-11-22 | Cormier Thielke Claire Director | Sold | $863.5k10.4k shares |
| 2024-11-22 | Choo Jun Chief Operating Officer | Sold | $485.9k5.8k shares |
| 2024-11-22 | Rock Jennifer Chief Accounting Officer | Sold | $100.3k1.2k shares |
| 2024-11-19 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $1.3m17.0k shares |
| 2024-11-19 | Choo Jun Chief Operating Officer | Sold | $751.0k10.0k shares |
| 2024-11-15 | Beitel David A. Chief Technology Officer | Sold | $4.1m56.8k shares |
| 2024-11-15 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $668.9k9.1k shares |
| 2024-11-15 | Rock Jennifer Chief Accounting Officer | Sold | $600.8k8.2k shares |
| 2024-11-15 | Owens Bradley D. General Counsel | Sold plan | $134.8k1.8k shares |
| 2024-11-13 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $514.6k7.0k shares |
| 2024-11-13 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $442.7k6.0k shares |
| 2024-11-13 | Hofmann Jeremy Chief Financial Officer | Sold | $347.8k4.7k shares |
| 2024-11-13 | Daimler Susan President of Zillow | Sold | $273.3k3.7k shares |
| 2024-11-13 | Rock Jennifer Chief Accounting Officer | Sold | $235.9k3.2k shares |
| 2024-11-13 | Beitel David A. Chief Technology Officer | Sold | $235.2k3.2k shares |
| 2024-11-13 | Spaulding Dan Chief People Officer | Sold | $221.2k3.0k shares |
| 2024-11-13 | Daimler Susan President of Zillow | Sold | $200.0k2.7k shares |
| 2024-11-13 | Owens Bradley D. General Counsel | Sold plan | $89.7k1.2k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| Caledonia (Private) Investments Pty Ltd 13.51% of their portfolio | 14.3m $1.0bn | Reduced -396.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.9m $492.1m | Reduced -98.0k |
| BlackRock, Inc. 0.00% of their portfolio | 2.4m $173.1m | Added +116.5k |
| NORGES BANK 0.02% of their portfolio | 2.3m $165.3m | Added +493.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.41% of their portfolio | 2.2m $158.2m | Added +384.9k |
| Independent Franchise Partners LLP 1.08% of their portfolio | 2.0m $143.4m | Reduced -17.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.11% of their portfolio | 1.0m $73.6m | Added +115.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.0m $70.9m | Reduced -24.5k |
| FMR LLC 0.00% of their portfolio | 862.1k $61.1m | Added +58.2k |
| STATE STREET CORP 0.00% of their portfolio | 762.5k $54.0m | Reduced -42.8k |
| UBS Group AG 0.01% of their portfolio | 612.8k $43.4m | Added +38.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 445.7k $31.6m | Added +27.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 425.6k $30.2m | Reduced -158.4k |
| Virtu Financial LLC 1.58% of their portfolio | 420.3k $29.8m | Added +211.5k |
| Technology Crossover Management VIII, Ltd. 4.69% of their portfolio | 384.3k $27.2m | Unchanged |
| Fayez Sarofim & Co 0.06% of their portfolio | 377.1k $26.7m | Reduced -28.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 373.5k $26.5m | Added +570 |
| Selkirk Management LLC 9.31% of their portfolio | 365.8k $25.9m | Added +45.0k |
| COATUE MANAGEMENT LLC 0.08% of their portfolio | 318.2k $22.5m | Reduced -164.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 260.5k $18.5m | Added +241.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 253.3k $17.9m | Reduced -165.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 252.9k $17.9m | Reduced -134.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 247.1k $17.5m | Added +6.1k |
| US BANCORP \DE\ 0.02% of their portfolio | 246.9k $17.5m | Reduced -51.0k |
| GREAT LAKES ADVISORS, LLC 0.14% of their portfolio | 228.9k $16.2m | Added +6.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 210.5k $14.9m | First filing |
| MORGAN STANLEY 0.00% of their portfolio | 191.2k $13.5m | Reduced -13.8k |
| CreativeOne Wealth, LLC 0.41% of their portfolio | 188.4k $13.3m | Added +8.7k |
| NINE MASTS CAPITAL Ltd 2.13% of their portfolio | 163.7k $11.6m | Added +52.6k |
| Camelot Capital Partners, LLC 0.00% of their portfolio | 158.8k $11.3k | Reduced -227.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 158.0k $11.2m | Reduced -1.1k |
| Sone Capital Management, LLC 1.42% of their portfolio | 157.9k $11.2m | First filing |
| OGBORNE CAPITAL MANAGEMENT, LLC 2.59% of their portfolio | 150.0k $10.6m | Reduced -275.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 140.7k $10.0m | Reduced -9.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 133.1k $9.4m | Reduced -24.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 132.3k $9.4m | Added +7.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 129.0k $9.1m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 113.7k $8.1m | Reduced -93.5k |
| Barrier Capital Management, LLC 6.35% of their portfolio | 111.2k $7.9m | Added +400 |
| Garde Capital, Inc. 0.50% of their portfolio | 107.2k $7.6m | Reduced -32.1k |
| TWINBEECH CAPITAL LP 0.13% of their portfolio | 105.9k $7.5m | Added +38.2k |
| CWM, LLC 0.03% of their portfolio | 104.8k $7.4m | Added +70.5k |
| Ninety One UK Ltd 0.02% of their portfolio | 100.1k $7.1m | Unchanged |
| Technology Crossover Management IX, Ltd. 0.70% of their portfolio | 100.0k $7.1m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 96.8k $6.9m | Added +93.4k |
| Nellore Capital Management LLC 0.89% of their portfolio | 96.3k $6.8m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 93.0k $6.6m | Added +57 |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 92.0k $6.5m | Added +509 |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 90.4k $6.4m | Reduced -52.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 87.1k $6.2m | Added +5.8k |
| MARK ASSET MANAGEMENT LP 0.94% of their portfolio | 86.2k $6.1m | Added +6.9k |
| Legal & General Group Plc 0.00% of their portfolio | 84.2k $6.0m | Reduced -15.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 82.2k $5.8m | Added +19.9k |
| TYBOURNE CAPITAL MANAGEMENT (HK) LTD 1.44% of their portfolio | 80.9k $5.7m | Added +39.9k |
| HARTLINE INVESTMENT CORP/ 0.59% of their portfolio | 72.7k $5.2m | Added +10.2k |
| Interval Partners, LP 0.12% of their portfolio | 68.5k $4.9m | New |
| Amundi 0.00% of their portfolio | 63.0k $4.3m | Reduced -41.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 62.4k $4.4m | Reduced -14.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 62.1k $4.4m | Added +30.7k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 60.1k $4.3m | Reduced -80.2k |
| Long Corridor Asset Management Ltd 3.16% of their portfolio | 59.4k $4.2m | Added +3.1k |
| Invesco Ltd. 0.00% of their portfolio | 57.9k $4.1m | Reduced -867 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 55.7k $3.9m | Reduced -270 |
| Silvant Capital Management LLC 0.16% of their portfolio | 53.2k $3.8m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 47.3k $3.3m | Reduced -3.5k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 47.0k $3.3m | New |
| Capula Management Ltd 0.02% of their portfolio | 46.6k $3.3m | Added +14.0k |
| PGGM Investments 0.04% of their portfolio | 42.8k $3.0m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 41.1k $2.9m | Reduced -29.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 40.8k $2.9m | Reduced -17.6k |
| EFG Asset Management (North America) Corp. 0.39% of their portfolio | 40.6k $2.9m | Reduced -1.7k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 40.0k $2.8m | Reduced -4.5k |
| Farringdon Capital, Ltd. 1.14% of their portfolio | 39.0k $2.8m | First filing |
| Tabor Asset Management, LP 1.32% of their portfolio | 39.0k $2.8m | Reduced -70.9k |
| Mint Tower Capital Management B.V. 0.69% of their portfolio | 36.8k $2.6m | Reduced -11.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 36.0k $2.6m | Added +2.7k |
| EFG Private Wealth Management (Americas) Corp. 0.49% of their portfolio | 35.7k $2.5m | Reduced -680 |
| NIA IMPACT ADVISORS, LLC 0.80% of their portfolio | 34.7k $2.5m | Added +2.9k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 33.7k $2.4m | Reduced -1.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 30.8k $2.2m | Unchanged |
| MFG WEALTH MANAGEMENT, INC. 1.94% of their portfolio | 29.9k $2.1m | First filing |
| MARSHALL WACE, LLP 0.00% of their portfolio | 29.7k $2.1m | Added +4.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 28.6k $2.0m | Reduced -516 |
| Engineers Gate Manager LP 0.03% of their portfolio | 28.1k $2.0m | Reduced -4.8k |
| Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio | 27.0k $1.9m | Reduced -30.4k |
| Maven Securities LTD 0.29% of their portfolio | 25.8k $1.8m | Added +11.4k |
| Avitas Wealth Management LLC 0.25% of their portfolio | 25.1k $1.8m | Reduced -80 |
| Empire Financial Management Company, LLC 0.55% of their portfolio | 25.0k $1.8m | New |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 24.7k $1.8m | Added +5.5k |
| Private Advisor Group, LLC 0.01% of their portfolio | 24.7k $1.8m | Added +12.7k |
| L & S Advisors Inc 0.19% of their portfolio | 24.1k $1.7m | Reduced -1.4k |
| RIVER GLOBAL INVESTORS LLP 0.32% of their portfolio | 23.5k $1.7m | Reduced -16.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 23.4k $1.7m | Reduced -12.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 23.3k $1.7m | Added +7.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 23.3k $1.7m | Reduced -34.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 23.1k $1.6m | Reduced -3.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 23.0k $1.6m | Added +13.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 22.3k $1.6m | Reduced -6.3k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 21.9k $1.5m | Unchanged |
| Graham Capital Management, L.P. 0.05% of their portfolio | 21.6k $1.5m | New |