ZILLOW GROUP INC Z
CL C CAP STK · Common Stock · CUSIP 98954M200 · ISIN US98954M2008
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 ($4.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.21. Options: 40 managers hold calls ($591.0m notional), 34 hold puts ($467.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 386 |
| Q4 2022 | 392 |
| Q1 2023 | 404 |
| Q2 2023 | 426 |
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 | 164 | 199 |
| Q1 2023 | 191 | 181 |
| Q2 2023 | 200 | 179 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $571.3m | $439.2m | 0.77 |
| Q4 2022 | $783.8m | $460.5m | 0.59 |
| Q1 2023 | $533.8m | $444.7m | 0.83 |
| Q2 2023 | $591.0m | $467.8m | 0.79 |
Biggest buyers
| CITIGROUP INC | Added | +896.3k |
| JPMORGAN CHASE & CO | Added | +876.4k |
| FMR LLC | Added | +784.2k |
| Contour Asset Management LLC | Added | +766.5k |
| PRUDENTIAL FINANCIAL INC | Added | +675.5k |
| JANE STREET GROUP, LLC | Added | +573.6k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +528.5k |
| BlackRock Inc. | Added | +515.7k |
| MOORE CAPITAL MANAGEMENT, LP | New | +499.3k |
| Capital World Investors | Added | +476.5k |
Biggest sellers
| Pacer Advisors, Inc. | Reduced | -4.8m |
| Southpoint Capital Advisors LP | Sold out | -1.0m |
| BANK OF AMERICA CORP /DE/ | Reduced | -805.3k |
| DEUTSCHE BANK AG\ | Reduced | -587.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -547.3k |
| EMINENCE CAPITAL, LP | Reduced | -413.5k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -389.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -376.4k |
| Greencape Capital Pty Ltd | Reduced | -331.4k |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -320.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $94.8m1.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $90.3m1.8m shares |
| JANE STREET GROUP, LLC | Added | $87.3m1.7m shares |
| Walleye Trading LLC | Reduced | $49.4m982.2k shares |
| D. E. Shaw & Co., Inc. | Reduced | $28.9m574.9k shares |
| CITIGROUP INC | Reduced | $27.5m547.1k shares |
| BARCLAYS PLC | Reduced | $27.1m540.0k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $25.1m500.0k shares |
| Twin Tree Management, LP | Reduced | $23.0m457.5k shares |
| SG Americas Securities, LLC | Added | $19.8m1.3m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $97.2m1.9m shares |
| CITADEL ADVISORS LLC | Added | $87.6m1.7m shares |
| JANE STREET GROUP, LLC | Added | $42.9m852.6k shares |
| SIMPLEX TRADING, LLC | Added | $27.3m545.7k shares |
| Walleye Trading LLC | Reduced | $27.1m539.1k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $24.9m495.6k shares |
| Squarepoint Ops LLC | Added | $20.6m409.3k shares |
| Twin Tree Management, LP | Reduced | $18.5m367.8k shares |
| Portman Square Capital LLP | Unchanged | $17.9m355.2k shares |
| Lombard Odier Asset Management (USA) Corp | Added | $17.6m350.0k 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 +6.3 pts · filed 2025-11-14 | 23.4% |
| Independent Franchise Partners LLP 13G · institution +2.0 pts · filed 2026-08-13 | 9.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
Fell to 5% or below in the last year: BlackRock, Inc. (4.3%, 2026-07-30), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), FMR LLC (4.8%, 2026-02-05)
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 40.09% of their portfolio | 36.4m $1.8bn | Unchanged |
| VANGUARD GROUP INC 0.03% of their portfolio | 22.8m $1.1bn | Added +189.5k |
| Independent Franchise Partners LLP 5.77% of their portfolio | 13.7m $689.5m | Added +42.9k |
| BlackRock Inc. 0.01% of their portfolio | 9.4m $471.6m | Added +515.7k |
| Capital World Investors 0.07% of their portfolio | 7.4m $372.2m | Added +476.5k |
| STATE STREET CORP 0.01% of their portfolio | 3.3m $164.1m | Added +38.7k |
| Technology Crossover Management IX, Ltd. 11.86% of their portfolio | 3.0m $153.2m | Unchanged |
| Contour Asset Management LLC 6.81% of their portfolio | 3.0m $151.2m | Added +766.5k |
| EMINENCE CAPITAL, LP 2.49% of their portfolio | 2.8m $138.5m | Reduced -413.5k |
| Technology Crossover Management VIII, Ltd. 10.74% of their portfolio | 2.7m $137.5m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.7m $135.0m | Added +2.6k |
| BAILLIE GIFFORD & CO 0.11% of their portfolio | 2.5m $124.0m | Reduced -6.2k |
| MORGAN STANLEY 0.01% of their portfolio | 2.3m $116.3m | Added +18.5k |
| CITIGROUP INC 0.15% of their portfolio | 2.3m $115.2m | Added +896.3k |
| BARCLAYS PLC 0.07% of their portfolio | 2.1m $104.3m | Reduced -81.4k |
| Dorsal Capital Management, LP 3.07% of their portfolio | 1.5m $76.6m | Reduced -145.0k |
| Pacer Advisors, Inc. 0.29% of their portfolio | 1.4m $72.4m | Reduced -4.8m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.4m $69.0m | Added +876.4k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.55% of their portfolio | 1.3m $65.0m | Reduced -53.9k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 1.2m $62.8m | Added +241.9k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.2m $62.7m | Reduced -164.0k |
| NATIONAL BANK OF CANADA /FI/ 0.13% of their portfolio | 1.2m $64.0m | Added +197.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.2m $60.8m | Added +83.0k |
| COATUE MANAGEMENT LLC 0.29% of their portfolio | 1.2m $59.3m | Unchanged |
| FMR LLC 0.00% of their portfolio | 1.1m $57.2m | Added +784.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.1m $56.7m | Added +15.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.0m $51.8m | Added +30.3k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 1.0m $50.8m | Added +675.5k |
| UBS Group AG 0.02% of their portfolio | 938.4k $47.2m | Added +51.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 914.5k $46.0m | Reduced -12.6k |
| Legal & General Group Plc 0.01% of their portfolio | 847.8k $42.6m | Added +152.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.20% of their portfolio | 797.0k $40.1m | Added +528.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 730.6k $32.5m | Unchanged |
| MINOT CAPITAL, LP 6.39% of their portfolio | 717.2k $36.0m | Unchanged |
| Valiant Capital Management, L.P. 4.85% of their portfolio | 677.3k $34.0m | Added +80.8k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 667.0k $33.5m | Added +573.6k |
| Invesco Ltd. 0.01% of their portfolio | 646.3k $32.5m | Added +126.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 628.6k $31.6m | Reduced -547.3k |
| NATIXIS 0.26% of their portfolio | 610.2k $30.7m | Added +216.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 605.2k $30.4m | Added +265.7k |
| Pertento Partners LLP 6.71% of their portfolio | 598.7k $30.1m | Added +60.8k |
| Fayez Sarofim & Co 0.10% of their portfolio | 575.5k $28.9m | Reduced -1.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 573.5k $28.8m | Reduced -242.4k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 573.4k $28.8m | Added +53.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 555.1k $27.9m | Reduced -587.9k |
| Swiss National Bank 0.02% of their portfolio | 552.2k $27.8m | Reduced -65.1k |
| MARSHALL WACE, LLP 0.06% of their portfolio | 548.6k $27.6m | Added +304.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 538.1k $27.0m | Reduced -376.4k |
| Assenagon Asset Management S.A. 0.10% of their portfolio | 533.3k $26.8m | Added +250.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 524.9k $26.4m | Added +105.4k |
| Half Sky Capital (UK) Ltd 12.89% of their portfolio | 518.7k $24.6m | Added +260.1k |
| Greencape Capital Pty Ltd 12.06% of their portfolio | 501.9k $25.2m | Reduced -331.4k |
| MOORE CAPITAL MANAGEMENT, LP 0.61% of their portfolio | 499.3k $25.1m | New |
| Akaris Global Partners, LP 6.38% of their portfolio | 484.4k $24.3m | Added +14.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 480.1k $24.1m | Reduced -389.2k |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 427.5k $21.5m | Added +88.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 399.4k $20.1m | Reduced -805.3k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 396.9k $19.9m | Added +58.4k |
| Wildcat Capital Management, LLC 7.49% of their portfolio | 391.7k $19.7m | Unchanged |
| Contrarius Investment Management Ltd 1.03% of their portfolio | 381.7k $19.2m | New |
| NORGES BANK 0.00% of their portfolio | 375.9k $18.9m | Reduced -2.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 358.9k $18.0m | Added +313.9k |
| Bridgewater Associates, LP 0.11% of their portfolio | 348.7k $17.5m | Reduced -240.8k |
| Yost Capital Management, LP 14.51% of their portfolio | 297.8k $15.0m | Added +40.0k |
| TB Alternative Assets Ltd. 3.71% of their portfolio | 296.8k $14.9m | Added +61.4k |
| TWINBEECH CAPITAL LP 0.29% of their portfolio | 291.1k $14.6m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 289.0k $14.5m | Added +7.4k |
| KBC Group NV 0.05% of their portfolio | 262.5k $13.2m | Added +216.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 257.6k $12.9m | Reduced -202.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 254.4k $12.8m | Reduced -22.5k |
| VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.29% of their portfolio | 253.7k $12.8m | New |
| Caisse de depot et placement du Quebec 0.03% of their portfolio | 251.8k $12.7m | New |
| APG Asset Management N.V. 0.02% of their portfolio | 234.4k $10.8m | Reduced -38.5k |
| Avory & Company, LLC 8.62% of their portfolio | 225.2k $11.3m | Reduced -22.1k |
| Coronation Fund Managers Ltd. 0.30% of their portfolio | 223.8k $11.2m | Reduced -6.3k |
| DEEPWATER ASSET MANAGEMENT, LLC 4.74% of their portfolio | 222.1k $11.2m | Reduced -13.4k |
| IVY LANE CAPITAL MANAGEMENT, LLC 8.23% of their portfolio | 222.0k $11.2m | Unchanged |
| NZS Capital, LLC 0.56% of their portfolio | 222.0k $11.2m | Added +9.7k |
| NewEdge Wealth, LLC 0.35% of their portfolio | 210.4k $10.6m | Reduced -42.3k |
| Garde Capital, Inc. 0.83% of their portfolio | 197.9k $9.9m | Added +568 |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 195.3k $9.8m | Added +22.1k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 193.2k $9.7m | Added +51.2k |
| JUPITER ASSET MANAGEMENT LTD 0.10% of their portfolio | 190.1k $9.5m | New |
| Swedbank AB 0.02% of their portfolio | 186.6k $9.4m | Unchanged |
| IRIDIAN ASSET MANAGEMENT LLC/CT 0.82% of their portfolio | 175.8k $8.8m | Reduced -22.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 168.6k $8.5m | Reduced -3.3k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 168.5k $8.5m | Added +9.2k |
| Amova Asset Management Americas, Inc. 0.09% of their portfolio | 163.5k $8.2m | Reduced -187.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 161.5k $8.1m | Reduced -1.3k |
| FORSTA AP-FONDEN 0.09% of their portfolio | 160.0k $8.0m | Added +21.3k |
| Achmea Investment Management B.V. 0.17% of their portfolio | 159.1k $8.0m | Added +14.2k |
| CANNELL CAPITAL LLC 1.57% of their portfolio | 156.1k $7.8m | Added +1.8k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 154.9k $7.8m | Reduced -88.8k |
| Laird Norton Wetherby Trust Company, LLC 0.90% of their portfolio | 152.5k $7.7m | Added +139 |
| HRT FINANCIAL LP 0.07% of their portfolio | 152.4k $7.7m | Added +136.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.03% of their portfolio | 149.6k $7.5m | Added +5.2k |
| Amundi 0.00% of their portfolio | 145.4k $7.5m | Added +9.7k |
| NOMURA HOLDINGS INC 0.07% of their portfolio | 143.3k $7.2m | Added +40.5k |
| SG Americas Securities, LLC 0.06% of their portfolio | 142.7k $7.2m | Reduced -253.5k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 139.1k $7.0m | Added +126.1k |