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 ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.76. Options: 46 managers hold calls ($1.7bn notional), 44 hold puts ($661.5m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 386 |
| Q4 2022 | 392 |
| Q1 2023 | 404 |
| Q2 2023 | 426 |
| Q3 2023 | 410 |
| Q4 2023 | 445 |
| Q1 2024 | 436 |
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 |
| Q3 2023 | 164 | 214 |
| Q4 2023 | 198 | 206 |
| Q1 2024 | 195 | 214 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $591.0m | $467.8m | 0.79 |
| Q3 2023 | $989.9m | $517.0m | 0.52 |
| Q4 2023 | $1.7bn | $667.3m | 0.40 |
| Q1 2024 | $1.7bn | $661.5m | 0.40 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +2.1m |
| EMINENCE CAPITAL, LP | Added | +1.7m |
| BARCLAYS PLC | Added | +1.3m |
| Assenagon Asset Management S.A. | Added | +1.1m |
| Davidson Kempner Capital Management LP | Added | +1.0m |
| Park West Asset Management LLC | New | +1.0m |
| NATIXIS | New | +843.2k |
| CITIGROUP INC | Added | +794.2k |
| Greencape Capital Pty Ltd | Added | +786.6k |
| BANK OF AMERICA CORP /DE/ | Added | +538.1k |
Biggest sellers
| BlackRock Inc. | Reduced | -1.5m |
| CITADEL ADVISORS LLC | Reduced | -1.0m |
| MORGAN STANLEY | Reduced | -907.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -685.9k |
| MARSHALL WACE, LLP | Reduced | -671.7k |
| Pertento Partners LLP | Sold out | -652.7k |
| D. E. Shaw & Co., Inc. | Reduced | -429.3k |
| Holocene Advisors, LP | Sold out | -337.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -332.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -321.3k |
Biggest calls
| EMINENCE CAPITAL, LP | Added | $366.5m7.5m shares |
| JANE STREET GROUP, LLC | Added | $266.6m5.5m shares |
| CITADEL ADVISORS LLC | Added | $210.2m4.3m shares |
| CITIGROUP INC | Reduced | $163.4m3.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $135.9m2.8m shares |
| SIMPLEX TRADING, LLC | Added | $53.4m1.1m shares |
| Walleye Trading LLC | Added | $44.0m902.2k shares |
| GOLDMAN SACHS GROUP INC | Added | $35.4m726.3k shares |
| Twin Tree Management, LP | Added | $32.4m664.3k shares |
| J. Goldman & Co LP | New | $26.3m540.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $127.8m2.6m shares |
| CITADEL ADVISORS LLC | Reduced | $62.9m1.3m shares |
| Dorsal Capital Management, LP | New | $46.8m960.0k shares |
| Walleye Trading LLC | Added | $45.7m936.1k shares |
| GOLDMAN SACHS GROUP INC | Added | $39.1m801.2k shares |
| UBS Group AG | Added | $35.9m735.8k shares |
| SIMPLEX TRADING, LLC | Added | $31.2m640.3k shares |
| Lombard Odier Asset Management (USA) Corp | Added | $24.4m500.0k shares |
| Caption Management, LLC | Added | $24.4m500.0k shares |
| IMC-Chicago, LLC | Added | $21.5m440.0k 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 Q1 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2023 | 0 | — | 8 | $4.9m | $747.1k |
| Q4 2023 | 0 | — | 9 | $3.8m | $493.3k |
| Q1 2024 | 0 | — | 10 | $14.4m | $7.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-26 | Samuelson Errol G Chief Industry Dev. Officer | Sold plan | $209.3k4.2k shares |
| 2024-03-15 | Hofmann Jeremy Chief Financial Officer | Sold plan | $427.8k7.8k shares |
| 2024-03-05 | BLACHFORD ERIK C Director | Sold | $3.6m67.4k shares |
| 2024-03-04 | Bohutinsky Amy Director | Sold plan | $5.3m93.8k shares |
| 2024-03-01 | Daimler Susan President of Zillow | Sold | $856.9k15.2k shares |
| 2024-03-01 | Daimler Susan President of Zillow | Sold | $539.5k9.6k shares |
| 2024-02-16 | Wacksman Jeremy Chief Operating Officer | Sold plan | $1.1m20.9k shares |
| 2024-02-16 | Spaulding Dan Chief People Officer | Sold | $283.6k5.1k shares |
| 2024-02-16 | Owens Bradley D. General Counsel | Sold plan | $161.8k2.9k shares |
| 2024-02-14 | Rock Jennifer Chief Accounting Officer | Sold | $421.2k7.4k shares |
| 2024-02-14 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $353.2k6.1k shares |
| 2024-02-14 | Hofmann Jeremy Chief Financial Officer | Sold | $268.9k4.6k shares |
| 2024-02-14 | Spaulding Dan Chief People Officer | Sold | $179.0k3.1k shares |
| 2024-02-14 | Wacksman Jeremy Chief Operating Officer | Sold plan | $156.8k2.7k shares |
| 2024-02-14 | Beitel David A. Chief Technology Officer | Sold | $156.8k2.7k shares |
| 2024-02-14 | Daimler Susan President of Zillow · By Spouse | Sold | $103.7k1.8k shares |
| 2024-02-14 | Daimler Susan President of Zillow | Sold | $101.2k1.8k shares |
| 2024-02-14 | Daimler Susan President of Zillow | Sold | $87.0k1.5k shares |
| 2024-02-14 | Owens Bradley D. General Counsel | Sold plan | $56.0k966 shares |
| 2024-02-14 | Daimler Susan President of Zillow | Sold | $14.8k250 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 2024
| Manager | Shares | Change |
|---|---|---|
| Caledonia (Private) Investments Pty Ltd 45.30% of their portfolio | 36.4m $1.8bn | Unchanged |
| VANGUARD GROUP INC 0.02% of their portfolio | 21.3m $1.0bn | Added +176.4k |
| Independent Franchise Partners LLP 5.13% of their portfolio | 12.7m $620.2m | Reduced -255.7k |
| BlackRock Inc. 0.01% of their portfolio | 9.6m $468.4m | Reduced -1.5m |
| Capital World Investors 0.07% of their portfolio | 8.8m $431.5m | Added +238.6k |
| MORGAN STANLEY 0.01% of their portfolio | 7.3m $355.6m | Reduced -907.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.8m $282.6m | Added +2.1m |
| BARCLAYS PLC 0.08% of their portfolio | 3.6m $173.9m | Added +1.3m |
| STATE STREET CORP 0.01% of their portfolio | 3.5m $173.1m | Added +62.3k |
| EMINENCE CAPITAL, LP 2.92% of their portfolio | 3.3m $159.4m | Added +1.7m |
| Technology Crossover Management IX, Ltd. 17.53% of their portfolio | 3.0m $148.7m | Unchanged |
| Dorsal Capital Management, LP 4.71% of their portfolio | 2.9m $141.5m | Reduced -150.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.9m $140.4m | Added +67.6k |
| Contour Asset Management LLC 5.48% of their portfolio | 2.9m $140.3m | Reduced -14.3k |
| Technology Crossover Management VIII, Ltd. 14.82% of their portfolio | 2.7m $133.4m | Unchanged |
| JANE STREET GROUP, LLC 0.15% of their portfolio | 2.3m $112.2m | Added +93.7k |
| FMR LLC 0.01% of their portfolio | 2.2m $108.6m | Reduced -198.9k |
| Ninety One UK Ltd 0.26% of their portfolio | 1.9m $92.0m | Reduced -12.6k |
| Greencape Capital Pty Ltd 31.94% of their portfolio | 1.6m $79.6m | Added +786.6k |
| BAILLIE GIFFORD & CO 0.06% of their portfolio | 1.6m $78.8m | Reduced -238.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.5m $73.2m | Added +25.4k |
| Davidson Kempner Capital Management LP 1.02% of their portfolio | 1.4m $68.7m | Added +1.0m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.3m $62.6m | Added +88.0k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.19% of their portfolio | 1.2m $56.2m | Reduced -43.5k |
| Assenagon Asset Management S.A. 0.15% of their portfolio | 1.1m $55.3m | Added +1.1m |
| CITIGROUP INC 0.06% of their portfolio | 1.1m $54.5m | Added +794.2k |
| Park West Asset Management LLC 3.67% of their portfolio | 1.0m $49.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 979.8k $47.8m | Added +538.1k |
| Invesco Ltd. 0.01% of their portfolio | 947.7k $46.2m | Added +101.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 935.1k $45.6m | Added +2.1k |
| NATIXIS 0.23% of their portfolio | 843.2k $41.1m | New |
| MINOT CAPITAL, LP 7.14% of their portfolio | 828.6k $40.4m | Unchanged |
| Bank of New York Mellon Corp 0.01% of their portfolio | 795.9k $38.8m | Reduced -73.8k |
| Legal & General Group Plc 0.01% of their portfolio | 782.2k $38.2m | Reduced -17.3k |
| TB Alternative Assets Ltd. 9.44% of their portfolio | 772.9k $37.7m | Added +172.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio | 730.0k $35.6m | Reduced -86.7k |
| HAP Trading, LLC 10.73% of their portfolio | 709.8k $34.6m | Added +177.3k |
| COATUE MANAGEMENT LLC 0.13% of their portfolio | 702.2k $34.3m | Added +112.5k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 698.8k $35.5m | Added +62.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.14% of their portfolio | 689.9k $33.7m | Reduced -113.5k |
| NORGES BANK 0.01% of their portfolio | 670.3k $32.7m | Added +70.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 669.9k $32.7m | Added +156.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 612.4k $29.9m | Added +46.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 605.1k $29.5m | Added +168.6k |
| Fayez Sarofim & Co 0.08% of their portfolio | 577.9k $28.2m | Unchanged |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 516.8k $25.2m | Reduced -148.3k |
| Valiant Capital Management, L.P. 2.95% of their portfolio | 514.1k $25.1m | Reduced -52.2k |
| Lombard Odier Asset Management (USA) Corp 3.52% of their portfolio | 500.0k $24.4m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 479.6k $23.4m | Added +136.0k |
| Candriam S.C.A. 0.15% of their portfolio | 469.8k $22.9m | Reduced -83.1k |
| Swiss National Bank 0.02% of their portfolio | 462.7k $22.6m | Reduced -15.8k |
| UBS Group AG 0.01% of their portfolio | 461.9k $22.5m | Added +387.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 431.5k $21.0m | Reduced -332.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 411.4k $20.1m | Reduced -951 |
| Caption Management, LLC 2.00% of their portfolio | 371.5k $18.1m | Added +26.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 365.0k $17.8m | Reduced -685.9k |
| Amundi 0.01% of their portfolio | 363.0k $15.2m | Added +216.8k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 336.6k $16.4m | Reduced -671.7k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 336.2k $16.4m | Reduced -50.0k |
| Walleye Capital LLC 0.18% of their portfolio | 330.2k $16.1m | New |
| Amova Asset Management Americas, Inc. 0.15% of their portfolio | 314.4k $15.3m | Added +168.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 287.2k $14.0m | Reduced -1.0m |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 276.3k $13.5m | Added +237.3k |
| CANNELL CAPITAL LLC 2.93% of their portfolio | 267.9k $13.1m | Added +163.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 266.6k $13.0m | Reduced -2.6k |
| Avory & Company, LLC 8.80% of their portfolio | 265.1k $12.9m | Added +59.8k |
| NewEdge Wealth, LLC 0.23% of their portfolio | 262.9k $10.5m | Added +91.1k |
| Coronation Fund Managers Ltd. 0.34% of their portfolio | 255.2k $12.4m | Added +105.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 246.4k $12.0m | Added +245.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 240.0k $11.7m | Reduced -10.7k |
| Squarepoint Ops LLC 0.05% of their portfolio | 234.5k $11.4m | New |
| TWINBEECH CAPITAL LP 0.23% of their portfolio | 229.1k $11.2m | Added +222.0k |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 220.1k $10.7m | Reduced -41.5k |
| ARK Investment Management LLC 0.07% of their portfolio | 198.5k $9.7m | Added +106.1k |
| Phase 2 Partners, LLC 4.95% of their portfolio | 194.1k $9.5m | Added +89.7k |
| Garde Capital, Inc. 0.66% of their portfolio | 193.9k $9.5m | Reduced -7.5k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 0.79% of their portfolio | 190.0k $9.3m | Reduced -41.7k |
| Swedbank AB 0.01% of their portfolio | 186.6k $9.1m | Unchanged |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 180.3k $8.8m | Reduced -12.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 171.9k $7.6m | Added +3.0k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 161.6k $7.9m | Added +13.5k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.24% of their portfolio | 153.0k $7.5m | Added +8.0k |
| IVY LANE CAPITAL MANAGEMENT, LLC 4.48% of their portfolio | 150.0k $7.3m | Reduced -85.0k |
| Tredje AP-fonden 0.08% of their portfolio | 149.4k $7.3m | Added +23.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 148.9k $7.3m | Added +105.1k |
| Laird Norton Wetherby Trust Company, LLC 0.97% of their portfolio | 146.7k $7.2m | Unchanged |
| EMG Holdings, L.P. 7.08% of their portfolio | 138.5k $6.8m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 137.1k $6.7m | Reduced -107.0k |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 133.4k $6.5m | Added +75.7k |
| CONTRAVISORY INVESTMENT MANAGEMENT, INC. 1.40% of their portfolio | 129.2k $6.3m | Added +6.3k |
| Yost Capital Management, LP 9.71% of their portfolio | 128.6k $6.3m | Reduced -50.0k |
| WOLVERINE TRADING, LLC 0.06% of their portfolio | 115.4k $5.6m | Added +18.4k |
| Cubist Systematic Strategies, LLC 0.06% of their portfolio | 112.6k $5.5m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 110.2k $5.4m | Reduced -14.8k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 109.4k $5.3m | Added +1.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.02% of their portfolio | 107.9k $5.3m | Reduced -65.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 106.0k $5.2m | Reduced -26.9k |
| Bridgewater Associates, LP 0.02% of their portfolio | 98.3k $4.8m | New |
| Engineers Gate Manager LP 0.12% of their portfolio | 95.0k $4.6m | New |
| SANDLER CAPITAL MANAGEMENT 0.56% of their portfolio | 94.8k $4.6m | Reduced -112.2k |