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 ≈ $66.86. Options: 13 managers hold calls ($22.3m notional), 13 hold puts ($41.5m).
Trends to Q1 2025
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 |
| Q1 2025 | 286 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 133 | 145 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $26.5m | $12.9m | 0.49 |
| Q3 2024 | $49.0m | $17.1m | 0.35 |
| Q4 2024 | $21.2m | $13.6m | 0.64 |
| Q1 2025 | $22.3m | $41.5m | 1.86 |
Biggest buyers
| TIGER GLOBAL MANAGEMENT LLC | New | +902.6k |
| Balyasny Asset Management L.P. | New | +395.1k |
| COATUE MANAGEMENT LLC | Added | +164.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +157.9k |
| Driehaus Capital Management LLC | New | +149.5k |
| Twin Tree Management, LP | Added | +147.8k |
| UBS Group AG | Added | +102.5k |
| JANE STREET GROUP, LLC | Added | +87.0k |
| CITADEL ADVISORS LLC | Added | +78.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +65.0k |
Biggest sellers
| Caledonia (Private) Investments Pty Ltd | Reduced | -1.4m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -340.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -260.5k |
| Virtu Financial LLC | Reduced | -235.5k |
| NINE MASTS CAPITAL Ltd | Sold out | -163.7k |
| Camelot Capital Partners, LLC | Sold out | -158.8k |
| US BANCORP \DE\ | Reduced | -140.9k |
| Qube Research & Technologies Ltd | Sold out | -129.0k |
| TWINBEECH CAPITAL LP | Sold out | -105.9k |
| Schonfeld Strategic Advisors LLC | Sold out | -96.8k |
Biggest calls
| Twin Tree Management, LP | Added | $6.1m90.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.1m60.9k shares |
| GARDA CAPITAL PARTNERS LP | New | $3.4m51.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.8m27.1k shares |
| CITADEL ADVISORS LLC | Added | $1.3m19.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.3m18.8k shares |
| ROYAL BANK OF CANADA | Unchanged | $1.1m17.0k shares |
| IMC-Chicago, LLC | Added | $996.2k14.9k shares |
| D. E. Shaw & Co., Inc. | Added | $969.5k14.5k shares |
| PEAK6 LLC | New | $815.7k12.2k shares |
Biggest puts
| Twin Tree Management, LP | Added | $27.6m412.5k shares |
| CITADEL ADVISORS LLC | Added | $5.1m77.0k shares |
| GARDA CAPITAL PARTNERS LP | New | $3.7m55.4k shares |
| WOLVERINE TRADING, LLC | Added | $1.2m17.8k shares |
| IMC-Chicago, LLC | Reduced | $1.1m16.4k shares |
| D. E. Shaw & Co., Inc. | Reduced | $722.1k10.8k shares |
| JANE STREET GROUP, LLC | Added | $621.8k9.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $468.0k70 shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $427.9k6.4k shares |
| PEAK6 LLC | New | $347.7k5.2k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 |
| Q1 2025 | 0 | — | 10 | $11.2m | $5.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-26 | Samuelson Errol G Chief Industry Dev. Officer | Sold plan | $209.3k2.9k shares |
| 2025-03-04 | Cormier Thielke Claire Director | Sold plan | $103.3k1.4k shares |
| 2025-03-03 | BLACHFORD ERIK C Director | Sold plan | $106.4k1.4k shares |
| 2025-02-27 | Choo Jun Chief Operating Officer | Sold | $4.3m55.0k shares |
| 2025-02-18 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $871.7k10.8k shares |
| 2025-02-18 | Hofmann Jeremy Chief Financial Officer | Sold plan | $573.5k7.2k shares |
| 2025-02-18 | Spaulding Dan Chief People Officer | Sold plan | $359.2k4.5k shares |
| 2025-02-18 | Owens Bradley D. General Counsel | Sold plan | $178.8k2.2k shares |
| 2025-02-13 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $541.5k7.0k shares |
| 2025-02-13 | Hofmann Jeremy Chief Financial Officer | Sold plan | $365.8k4.7k shares |
| 2025-02-13 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $334.7k4.3k shares |
| 2025-02-13 | Spaulding Dan Chief People Officer | Sold plan | $238.0k3.1k shares |
| 2025-02-13 | Rock Jennifer Chief Accounting Officer | Sold | $159.5k2.1k shares |
| 2025-02-13 | Beitel David A. Chief Technology Officer | Sold | $157.5k2.0k shares |
| 2025-02-13 | Choo Jun Chief Operating Officer | Sold | $99.3k1.3k shares |
| 2025-02-13 | Owens Bradley D. General Counsel | Sold plan | $63.9k822 shares |
| 2025-02-12 | Rock Jennifer Chief Accounting Officer | Sold | $437.6k5.8k shares |
| 2025-01-30 | Hofmann Jeremy Chief Financial Officer | Sold plan | $2.0m23.4k shares |
| 2025-01-28 | Hofmann Jeremy Chief Financial Officer | Sold plan | $137.0k1.6k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Caledonia (Private) Investments Pty Ltd 14.07% of their portfolio | 12.9m $863.9m | Reduced -1.4m |
| VANGUARD GROUP INC 0.01% of their portfolio | 7.0m $468.2m | Added +57.7k |
| BlackRock, Inc. 0.00% of their portfolio | 2.5m $164.0m | Added +10.2k |
| NORGES BANK 0.02% of their portfolio | 2.3m $154.5m | Reduced -23.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.38% of their portfolio | 2.2m $144.9m | Reduced -65.1k |
| Independent Franchise Partners LLP 0.98% of their portfolio | 2.1m $137.8m | Added +36.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.0m $70.0m | Added +45.0k |
| TIGER GLOBAL MANAGEMENT LLC 0.23% of their portfolio | 902.6k $60.4m | New |
| FMR LLC 0.00% of their portfolio | 833.9k $55.8m | Reduced -28.2k |
| STATE STREET CORP 0.00% of their portfolio | 756.8k $50.6m | Reduced -5.7k |
| UBS Group AG 0.01% of their portfolio | 715.3k $47.8m | Added +102.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio | 698.6k $46.7m | Reduced -340.4k |
| COATUE MANAGEMENT LLC 0.14% of their portfolio | 482.3k $32.2m | Added +164.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 452.4k $30.2m | Added +6.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 416.4k $27.8m | Reduced -9.3k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 395.1k $26.4m | New |
| Technology Crossover Management VIII, Ltd. 5.47% of their portfolio | 384.3k $25.7m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 376.4k $25.2m | Added +2.9k |
| Selkirk Management LLC 9.39% of their portfolio | 365.8k $24.5m | Unchanged |
| Fayez Sarofim & Co 0.06% of their portfolio | 362.1k $24.2m | Reduced -15.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 291.0k $19.5m | Added +157.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 248.7k $16.6m | Added +1.7k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 218.7k $14.6m | Added +8.2k |
| GREAT LAKES ADVISORS, LLC 0.13% of their portfolio | 217.5k $14.5m | Reduced -11.4k |
| MORGAN STANLEY 0.00% of their portfolio | 210.2k $14.1m | Added +19.0k |
| Virtu Financial LLC 0.67% of their portfolio | 184.7k $12.4m | Reduced -235.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 182.0k $12.2m | Reduced -71.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 173.1k $11.6m | Reduced -79.8k |
| Twin Tree Management, LP 0.23% of their portfolio | 154.3k $10.3m | Added +147.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 151.5k $10.1m | Reduced -6.5k |
| Driehaus Capital Management LLC 0.10% of their portfolio | 149.5k $10.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 145.2k $9.7m | Added +31.5k |
| CreativeOne Wealth, LLC 0.27% of their portfolio | 136.1k $9.1m | Reduced -52.2k |
| Nuveen, LLC 0.00% of their portfolio | 133.9k $8.9m | First filing |
| California Public Employees Retirement System 0.01% of their portfolio | 129.1k $8.6m | Reduced -3.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 127.1k $8.5m | Added +65.0k |
| MARK ASSET MANAGEMENT LP 1.24% of their portfolio | 123.5k $8.3m | Added +37.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 121.0k $8.1m | Added +28.0k |
| CWM, LLC 0.03% of their portfolio | 118.1k $7.9m | Added +13.3k |
| Sone Capital Management, LLC 0.74% of their portfolio | 107.8k $7.2m | Reduced -50.0k |
| Garde Capital, Inc. 0.41% of their portfolio | 107.4k $7.2m | Added +165 |
| US BANCORP \DE\ 0.01% of their portfolio | 105.9k $7.1m | Reduced -140.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 101.7k $6.8m | Added +78.4k |
| Ninety One UK Ltd 0.02% of their portfolio | 100.1k $6.7m | Unchanged |
| OGBORNE CAPITAL MANAGEMENT, LLC 2.57% of their portfolio | 100.0k $6.7m | Reduced -50.0k |
| Technology Crossover Management IX, Ltd. 0.58% of their portfolio | 100.0k $6.7m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 95.8k $6.4m | Added +87.0k |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 92.3k $6.2m | Added +264 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 87.9k $5.9m | Added +5.7k |
| Barrier Capital Management, LLC 4.99% of their portfolio | 77.4k $5.2m | Reduced -33.8k |
| Legal & General Group Plc 0.00% of their portfolio | 74.0k $4.9m | Reduced -10.2k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 72.9k $4.9m | Reduced -17.5k |
| HARTLINE INVESTMENT CORP/ 0.65% of their portfolio | 72.7k $4.9m | Added +17 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 69.7k $4.7m | Reduced -17.4k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 65.7k $4.4m | Added +36.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 64.8k $4.3m | Added +2.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 60.0k $4.0m | Reduced -83 |
| CITIGROUP INC 0.00% of their portfolio | 59.9k $4.0m | Added +44.5k |
| Amundi 0.00% of their portfolio | 57.5k $3.8m | Reduced -5.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 51.4k $3.4m | Reduced -4.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 51.0k $3.4m | Added +3.8k |
| Invesco Ltd. 0.00% of their portfolio | 50.9k $3.4m | Reduced -7.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 50.6k $3.4m | Added +9.8k |
| Mint Tower Capital Management B.V. 1.16% of their portfolio | 46.7k $3.1m | Added +9.9k |
| Nellore Capital Management LLC 0.42% of their portfolio | 46.3k $3.1m | Reduced -50.0k |
| D L CARLSON INVESTMENT GROUP INC 0.59% of their portfolio | 45.6k $3.1m | New |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 44.4k $3.0m | Added +4.4k |
| EFG Asset Management (North America) Corp. 0.48% of their portfolio | 43.2k $2.9m | Added +2.7k |
| PGGM Investments 0.04% of their portfolio | 42.8k $2.9m | Unchanged |
| Silvant Capital Management LLC 0.13% of their portfolio | 41.0k $2.7m | Reduced -12.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 37.0k $2.5m | Added +1.0k |
| EFG Private Wealth Management (Americas) Corp. 0.47% of their portfolio | 35.0k $2.3m | Reduced -659 |
| NIA IMPACT ADVISORS, LLC 0.84% of their portfolio | 33.8k $2.3m | Reduced -948 |
| Empire Financial Management Company, LLC 0.66% of their portfolio | 31.8k $2.1m | Added +6.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 28.3k $1.9m | Reduced -300 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 28.1k $1.9m | First filing |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 27.8k $1.9m | Reduced -3.0k |
| Private Advisor Group, LLC 0.01% of their portfolio | 26.1k $1.7m | Added +1.4k |
| Lido Advisors, LLC 0.01% of their portfolio | 25.4k $1.7m | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 25.2k $1.7m | Reduced -8.5k |
| L & S Advisors Inc 0.20% of their portfolio | 24.4k $1.6m | Added +350 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 24.4k $1.6m | Added +1.2k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 22.7k $1.5m | Added +8.6k |
| BARCLAYS PLC 0.00% of their portfolio | 22.5k $1.5m | Added +10.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 22.2k $1.5m | Reduced -87 |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 21.5k $1.4m | Reduced -330 |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 21.2k $1.4m | Added +820 |
| SG Americas Securities, LLC 0.00% of their portfolio | 21.0k $1.4m | Added +15.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 20.9k $1.4m | Reduced -2.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 19.9k $1.3m | Added +3.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 19.4k $1.3m | Added +7.7k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 19.2k $1.3m | Reduced -5.5k |
| Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio | 18.2k $1.2m | Reduced -374 |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.00% of their portfolio | 18.0k $1.2m | Added +2.7k |
| Quantinno Capital Management LP 0.01% of their portfolio | 17.9k $1.2m | Added +9.6k |
| Engineers Gate Manager LP 0.02% of their portfolio | 16.7k $1.1m | Reduced -11.4k |
| MFG WEALTH MANAGEMENT, INC. 1.06% of their portfolio | 16.6k $1.1m | Reduced -13.3k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.05% of their portfolio | 16.5k $1.1m | Added +149 |
| XTX Topco Ltd 0.06% of their portfolio | 16.5k $1.1m | New |
| Garner Asset Management Corp 0.48% of their portfolio | 16.4k $1.1m | Reduced -2.5k |