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 ($5.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $41.40. Options: 6 managers hold calls ($43.0m notional), 7 hold puts ($6.9m).
Trends to Q1 2026
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 |
| Q2 2025 | 282 |
| Q3 2025 | 303 |
| Q4 2025 | 299 |
| Q1 2026 | 268 |
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 2024 | 103 | 137 |
| Q3 2024 | 132 | 120 |
| Q4 2024 | 138 | 122 |
| Q1 2025 | 133 | 145 |
| Q2 2025 | 130 | 139 |
| Q3 2025 | 157 | 122 |
| Q4 2025 | 138 | 142 |
| Q1 2026 | 142 | 142 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $18.3m | $40.0m | 2.18 |
| Q3 2025 | $13.8m | $16.2m | 1.17 |
| Q4 2025 | $101.3m | $6.4m | 0.06 |
| Q1 2026 | $43.0m | $6.9m | 0.16 |
Biggest buyers
| Capital World Investors | New | +3.1m |
| Independent Franchise Partners LLP | Added | +713.9k |
| D. E. Shaw & Co., Inc. | Added | +451.0k |
| AQR CAPITAL MANAGEMENT LLC | Added | +337.4k |
| MORGAN STANLEY | Added | +329.8k |
| COATUE MANAGEMENT LLC | New | +328.2k |
| Point72 Asset Management, L.P. | New | +320.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +254.4k |
| Balyasny Asset Management L.P. | Added | +225.9k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +149.3k |
Biggest sellers
| FMR LLC | Reduced | -2.7m |
| MAPLELANE CAPITAL, LLC | Reduced | -638.4k |
| STATE OF WISCONSIN INVESTMENT BOARD | Sold out | -595.2k |
| JANE STREET GROUP, LLC | Sold out | -313.1k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -241.4k |
| UBS Group AG | Reduced | -182.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -179.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -157.9k |
| Portolan Capital Management, LLC | Sold out | -150.1k |
| California Public Employees Retirement System | Sold out | -132.4k |
Biggest calls
| MAPLELANE CAPITAL, LLC | Reduced | $38.1m367.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.3m80.8k shares |
| CITADEL ADVISORS LLC | Reduced | $620.9k15.0k shares |
| IMC-Chicago, LLC | New | $405.6k9.8k shares |
| Walleye Trading LLC | Added | $281.5k6.8k shares |
| JANE STREET GROUP, LLC | Reduced | $252.5k6.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m48.9k shares |
| SG Americas Securities, LLC | New | $1.5m200.0k shares |
| D. E. Shaw & Co., Inc. | New | $1.2m29.1k shares |
| CITADEL ADVISORS LLC | Added | $1.1m25.9k shares |
| Walleye Trading LLC | Added | $401.5k9.7k shares |
| IMC-Chicago, LLC | Reduced | $380.8k9.2k shares |
| TWO SIGMA INVESTMENTS, LP | New | $364.2k8.8k 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 2026
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 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 |
| Q2 2025 | 0 | — | 11 | $8.5m | $3.2m |
| Q3 2025 | 0 | — | 14 | $87.0m | $15.6m |
| Q4 2025 | 0 | — | 10 | $4.7m | $3.2m |
| Q1 2026 | 0 | — | 12 | $6.9m | $3.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-26 | Samuelson Errol G Chief Industry Dev. Officer | Sold plan | $209.2k4.7k shares |
| 2026-03-24 | Owens Bradley D. General Counsel | Sold plan | $384.3k8.8k shares |
| 2026-03-03 | BLACHFORD ERIK C Director | Sold plan | $41.4k966 shares |
| 2026-03-03 | Cormier Thielke Claire Director | Sold plan | $10.4k242 shares |
| 2026-02-27 | MAFFEI GREGORY B Director | Sold | $363.5k8.1k shares |
| 2026-02-20 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold | $1.8m39.7k shares |
| 2026-02-18 | Hofmann Jeremy Chief Financial Officer | Sold plan | $340.5k7.8k shares |
| 2026-02-17 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $604.5k13.7k shares |
| 2026-02-17 | Spaulding Dan Chief People Officer | Sold plan | $235.6k5.4k shares |
| 2026-02-13 | Owens Bradley D. General Counsel | Sold plan | $115.6k2.6k shares |
| 2026-02-12 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $310.1k7.0k shares |
| 2026-02-12 | Hofmann Jeremy Chief Financial Officer | Sold | $244.9k5.5k shares |
| 2026-02-12 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $209.0k4.7k shares |
| 2026-02-12 | Beitel David A. Chief Technology Officer | Sold | $175.4k4.0k shares |
| 2026-02-12 | Spaulding Dan Chief People Officer | Sold plan | $172.4k3.9k shares |
| 2026-02-12 | Rock Jennifer Chief Accounting Officer | Sold | $95.7k2.2k shares |
| 2026-02-12 | Choo Jun Chief Operating Officer | Sold | $91.2k2.1k shares |
| 2026-02-12 | Owens Bradley D. General Counsel | Sold plan | $89.2k2.0k shares |
| 2026-02-11 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold plan | $423.2k9.3k shares |
| 2026-02-10 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold plan | $510.9k9.3k shares |
| 2026-02-09 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold plan | $505.8k9.3k 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 2026
| Manager | Shares | Change |
|---|---|---|
| Caledonia (Private) Investments Pty Ltd 13.69% of their portfolio | 11.4m $470.6m | Reduced -16.3k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 3.9m $163.5m | First filing |
| Capital World Investors 0.02% of their portfolio | 3.1m $127.6m | New |
| Independent Franchise Partners LLP 0.79% of their portfolio | 2.7m $113.3m | Added +713.9k |
| BlackRock, Inc. 0.00% of their portfolio | 2.4m $98.7m | Added +12.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.2m $93.1m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.1m $44.4m | Added +149.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $43.9m | Added +10.3k |
| TIGER GLOBAL MANAGEMENT LLC 0.19% of their portfolio | 1.0m $42.4m | Unchanged |
| UBS Group AG 0.01% of their portfolio | 835.6k $34.6m | Reduced -182.8k |
| STATE STREET CORP 0.00% of their portfolio | 734.2k $30.4m | Added +5.1k |
| MORGAN STANLEY 0.00% of their portfolio | 569.7k $23.6m | Added +329.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 554.5k $22.9m | Added +85.4k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 531.1k $22.0m | Added +451.0k |
| Technology Crossover Management VIII, Ltd. 5.33% of their portfolio | 384.3k $15.9m | Unchanged |
| Oakum Bay Capital LLC 8.37% of their portfolio | 376.5k $15.6m | Added +128.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 368.8k $15.3m | Added +254.4k |
| Selkirk Management LLC 5.15% of their portfolio | 365.8k $15.1m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 364.5k $15.1m | Added +337.4k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 335.1k $13.9m | Added +225.9k |
| COATUE MANAGEMENT LLC 0.05% of their portfolio | 328.2k $13.6m | New |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 320.8k $13.3m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 303.0k $12.5m | First filing |
| HARVARD MANAGEMENT CO INC 0.65% of their portfolio | 284.8k $11.8m | Reduced -16.3k |
| Fayez Sarofim & Co 0.03% of their portfolio | 258.3k $10.7m | Reduced -1.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 232.0k $9.6m | Added +11.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 220.8k $9.1m | Reduced -50.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 214.8k $8.9m | Reduced -8.7k |
| FMR LLC 0.00% of their portfolio | 203.4k $8.4m | Reduced -2.7m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 194.5k $8.1m | Reduced -59.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 193.0k $8.0m | Added +108.2k |
| Quantinno Capital Management LP 0.01% of their portfolio | 176.1k $7.3m | Added +90.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 162.6k $6.7m | Reduced -179.9k |
| EFG International AG 0.14% of their portfolio | 155.5k $6.4m | Added +12.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 135.4k $5.6m | Added +119.6k |
| CWM, LLC 0.01% of their portfolio | 130.5k $5.4m | Added +16.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 129.4k $5.4m | Reduced -4.5k |
| Nuveen, LLC 0.00% of their portfolio | 124.2k $5.1m | Added +5.5k |
| MAPLELANE CAPITAL, LLC 0.40% of their portfolio | 114.6k $4.7m | Reduced -638.4k |
| Trexquant Investment LP 0.03% of their portfolio | 109.9k $4.5m | Added +76.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 107.4k $4.4m | Reduced -10.6k |
| Walleye Trading LLC 0.09% of their portfolio | 103.2k $4.3m | Added +74.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 100.6k $4.2m | First filing |
| Technology Crossover Management IX, Ltd. 0.55% of their portfolio | 100.0k $4.1m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 99.2k $4.1m | Reduced -71.6k |
| Garde Capital, Inc. 0.24% of their portfolio | 98.2k $4.1m | Reduced -9.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 95.7k $4.0m | Reduced -157.9k |
| Ninety One UK Ltd 0.01% of their portfolio | 87.3k $3.6m | Reduced -6.5k |
| CAMBIAR INVESTORS LLC 0.16% of their portfolio | 81.3k $3.4m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 80.8k $3.3m | Added +72.5k |
| Legal & General Group Plc 0.00% of their portfolio | 77.7k $3.2m | Reduced -2.8k |
| GSA CAPITAL PARTNERS LLP 0.16% of their portfolio | 63.7k $2.6m | Added +52.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 62.0k $2.6m | Reduced -340 |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 61.8k $2.6m | Added +46.2k |
| Creative Planning 0.00% of their portfolio | 59.7k $2.5m | Added +35.2k |
| US BANCORP \DE\ 0.00% of their portfolio | 56.5k $2.3m | Reduced -8.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 54.8k $2.3m | Reduced -35.0k |
| Invesco Ltd. 0.00% of their portfolio | 52.0k $2.2m | Reduced -10.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 49.6k $2.1m | Unchanged |
| Silvant Capital Management LLC 0.07% of their portfolio | 49.0k $2.0m | Added +790 |
| CREDIT INDUSTRIEL ET COMMERCIAL 0.32% of their portfolio | 47.9k $2.0m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 47.1k $2.0m | Added +3.7k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 46.1k $1.9m | Added +1.1k |
| BAILLIE GIFFORD & CO 0.00% of their portfolio | 45.8k $1.9m | Unchanged |
| HARTLINE INVESTMENT CORP/ 0.20% of their portfolio | 44.9k $1.9m | Reduced -21.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 44.1k $1.8m | Reduced -10.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.3k $1.8m | Added +34.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 40.7k $1.7m | New |
| CAXTON ASSOCIATES LLP 0.04% of their portfolio | 40.1k $1.7m | Added +25.4k |
| Sound View Wealth Advisors Group, LLC 0.11% of their portfolio | 39.3k $1.6m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 37.7k $1.5m | Added +15.1k |
| Polianta Ltd 0.20% of their portfolio | 36.1k $1.5m | New |
| Aberdeen Group plc 0.00% of their portfolio | 34.7k $1.4m | Added +706 |
| Lido Advisors, LLC 0.01% of their portfolio | 34.1k $1.4m | Reduced -16.8k |
| NIA IMPACT ADVISORS, LLC 0.57% of their portfolio | 31.2k $1.3m | Added +52 |
| Vontobel Holding Ltd. 0.00% of their portfolio | 31.2k $1.3m | Added +13.6k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 30.3k $1.3m | Added +22.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.00% of their portfolio | 30.1k $1.2m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 29.9k $1.2m | Reduced -4.7k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 28.1k $1.2m | First filing |
| XTX Topco Ltd 0.02% of their portfolio | 27.7k $1.1m | Reduced -89.7k |
| Mariner, LLC 0.00% of their portfolio | 27.5k $1.1m | Added +16.3k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 26.1k $1.1m | Reduced -241.4k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 24.4k $1.0m | Added +6.7k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 24.1k $997.1k | Added +17.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 22.6k $937.2k | Reduced -3.3k |
| Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio | 21.2k $875.6k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 21.1k $873.4k | New |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 20.6k $854.0k | Added +439 |
| Empire Financial Management Company, LLC 0.19% of their portfolio | 20.4k $844.4k | Reduced -42.9k |
| Amundi 0.00% of their portfolio | 19.8k $820.5k | Reduced -2.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 19.7k $816.6k | Added +17.9k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.00% of their portfolio | 19.6k $810.5k | Added +1.4k |
| Summit Trail Advisors, LLC 0.01% of their portfolio | 18.7k $772.8k | Added +8.2k |
| BARCLAYS PLC 0.00% of their portfolio | 17.8k $735.9k | Reduced -12.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 17.6k $727.3k | Reduced -14.2k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 16.8k $696.5k | New |
| Unified Investment Management 0.71% of their portfolio | 16.6k $688.1k | Added +3.0k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio | 16.5k $683.8k | Unchanged |
| Manchester Capital Management LLC 0.09% of their portfolio | 15.9k $658.9k | Added +10.7k |