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 ($19.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.39. Options: 39 managers hold calls ($781.3m notional), 37 hold puts ($545.9m).
Trends to Q2 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 |
| Q2 2024 | 425 |
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 |
| Q2 2024 | 203 | 206 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $989.9m | $517.0m | 0.52 |
| Q4 2023 | $1.7bn | $667.3m | 0.40 |
| Q1 2024 | $1.7bn | $661.5m | 0.40 |
| Q2 2024 | $781.3m | $545.9m | 0.70 |
Biggest buyers
| CITIGROUP INC | Added | +2.5m |
| Technology Crossover Management XI, Ltd. | New | +2.3m |
| GOLDMAN SACHS GROUP INC | Added | +1.6m |
| EMINENCE CAPITAL, LP | Added | +1.1m |
| WELLS FARGO & COMPANY/MN | Added | +846.3k |
| NAN FUNG TRINITY (HK) LTD | New | +536.0k |
| NORGES BANK | Added | +480.4k |
| BARCLAYS PLC | Added | +418.4k |
| AMERIPRISE FINANCIAL INC | Added | +403.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +398.4k |
Biggest sellers
| MORGAN STANLEY | Reduced | -4.9m |
| Capital World Investors | Reduced | -4.1m |
| Assenagon Asset Management S.A. | Sold out | -1.1m |
| JPMORGAN CHASE & CO | Reduced | -1.0m |
| BlackRock Inc. | Reduced | -905.8k |
| MINOT CAPITAL, LP | Reduced | -732.9k |
| HAP Trading, LLC | Sold out | -709.8k |
| NATIXIS | Reduced | -702.4k |
| Independent Franchise Partners LLP | Reduced | -691.6k |
| JANE STREET GROUP, LLC | Reduced | -635.7k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $183.4m4.0m shares |
| CITADEL ADVISORS LLC | Reduced | $138.5m3.0m shares |
| BARCLAYS PLC | Added | $66.1m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $57.7m1.2m shares |
| GOLDMAN SACHS GROUP INC | Added | $36.8m793.5k shares |
| CITIGROUP INC | Reduced | $34.8m749.4k shares |
| Walleye Trading LLC | Reduced | $30.1m648.8k shares |
| IMC-Chicago, LLC | Added | $25.7m553.8k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $23.2m500.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $22.8m493.6k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Added | $98.5m2.1m shares |
| CITADEL ADVISORS LLC | Added | $61.4m1.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $57.7m1.2m shares |
| CITIGROUP INC | New | $37.1m799.4k shares |
| Walleye Trading LLC | Reduced | $35.2m758.0k shares |
| Jefferies Financial Group Inc. | Added | $32.1m691.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.7m577.9k shares |
| IMC-Chicago, LLC | Added | $26.0m560.4k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $23.2m500.0k shares |
| UBS Group AG | Reduced | $19.7m425.0k 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 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2024 | 1 | $100.0m | 9 | $3.7m | $1.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-12 | Daimler Susan President of Zillow | Sold | $282.0k5.9k shares |
| 2024-06-11 | Hoag Jay C Director · TCV XI, L.P. | Bought | $14.6m340.1k shares |
| 2024-06-11 | Hoag Jay C Director · TCV XI (A), L.P. | Bought | $4.6m107.9k shares |
| 2024-06-11 | Hoag Jay C Director · TCV XI (Lux), SCSp | Bought | $1.1m25.5k shares |
| 2024-06-11 | Hoag Jay C Director · TCV XI (B), L.P. | Bought | $1.0m24.1k shares |
| 2024-06-11 | Hoag Jay C Director · TCV XI Member Fund, L.P. | Bought | $1.0m23.6k shares |
| 2024-06-11 | BLACHFORD ERIK C Director | Sold plan | $61.2k1.4k shares |
| 2024-06-10 | Hoag Jay C Director · TCV XI, L.P. | Bought | $23.0m533.0k shares |
| 2024-06-10 | Hoag Jay C Director · TCV XI (A), L.P. | Bought | $7.3m169.2k shares |
| 2024-06-10 | Hoag Jay C Director · TCV XI (Lux), SCSp | Bought | $1.7m40.0k shares |
| 2024-06-10 | Hoag Jay C Director · TCV XI (B), L.P. | Bought | $1.6m37.7k shares |
| 2024-06-10 | Hoag Jay C Director · TCV XI Member Fund, L.P. | Bought | $1.6m36.9k shares |
| 2024-06-07 | Hoag Jay C Director · TCV XI, L.P. | Bought | $27.6m652.5k shares |
| 2024-06-07 | Hoag Jay C Director · TCV XI (A), L.P. | Bought | $8.8m207.1k shares |
| 2024-06-07 | Hoag Jay C Director · TCV XI (Lux), SCSp | Bought | $2.1m49.0k shares |
| 2024-06-07 | Hoag Jay C Director · TCV XI (B), L.P. | Bought | $2.0m46.2k shares |
| 2024-06-07 | Hoag Jay C Director · TCV XI Member Fund, L.P. | Bought | $1.9m45.2k shares |
| 2024-05-29 | Hofmann Jeremy Chief Financial Officer | Sold plan | $334.3k8.6k shares |
| 2024-05-17 | Wacksman Jeremy Chief Operating Officer | Sold plan | $438.8k9.8k shares |
| 2024-05-17 | Spaulding Dan Chief People Officer | Sold | $287.6k6.5k shares |
| 2024-05-17 | Daimler Susan President of Zillow | Sold | $218.4k4.9k shares |
| 2024-05-17 | Owens Bradley D. General Counsel | Sold plan | $187.4k4.2k shares |
| 2024-05-15 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $396.3k9.0k shares |
| 2024-05-15 | Wacksman Jeremy Chief Operating Officer | Sold plan | $287.7k6.5k shares |
| 2024-05-15 | Daimler Susan President of Zillow | Sold | $255.9k5.8k shares |
| 2024-05-15 | Hofmann Jeremy Chief Financial Officer | Sold | $250.4k5.7k shares |
| 2024-05-15 | Beitel David A. Chief Technology Officer | Sold | $205.5k4.7k shares |
| 2024-05-15 | Spaulding Dan Chief People Officer | Sold | $189.4k4.3k shares |
| 2024-05-15 | Daimler Susan President of Zillow · By Spouse | Sold | $125.3k2.8k shares |
| 2024-05-15 | Rock Jennifer Chief Accounting Officer | Sold | $116.6k2.6k shares |
The latest 30 of 31 trades.
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 2024
| Manager | Shares | Change |
|---|---|---|
| Caledonia (Private) Investments Pty Ltd 30.42% of their portfolio | 36.2m $1.7bn | Reduced -145.6k |
| VANGUARD GROUP INC 0.02% of their portfolio | 21.6m $1.0bn | Added +332.8k |
| Independent Franchise Partners LLP 5.14% of their portfolio | 12.0m $557.7m | Reduced -691.6k |
| BlackRock Inc. 0.01% of their portfolio | 8.7m $403.4m | Reduced -905.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.8m $221.8m | Reduced -1.0m |
| Capital World Investors 0.04% of their portfolio | 4.7m $218.4m | Reduced -4.1m |
| EMINENCE CAPITAL, LP 3.25% of their portfolio | 4.3m $201.3m | Added +1.1m |
| BARCLAYS PLC 0.08% of their portfolio | 4.0m $184.8m | Added +418.4k |
| CITIGROUP INC 0.16% of their portfolio | 3.6m $167.4m | Added +2.5m |
| STATE STREET CORP 0.01% of their portfolio | 3.4m $159.7m | Reduced -106.7k |
| Dorsal Capital Management, LP 4.95% of their portfolio | 3.1m $143.8m | Added +200.0k |
| Technology Crossover Management IX, Ltd. 19.70% of their portfolio | 3.0m $141.4m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.0m $137.1m | Added +78.0k |
| Contour Asset Management LLC 4.36% of their portfolio | 2.8m $129.2m | Reduced -90.7k |
| Technology Crossover Management VIII, Ltd. 14.23% of their portfolio | 2.7m $126.9m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 2.4m $109.6m | Reduced -4.9m |
| Technology Crossover Management XI, Ltd. 18.01% of their portfolio | 2.3m $108.5m | New |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.0m $92.4m | Added +1.6m |
| Ninety One UK Ltd 0.24% of their portfolio | 1.8m $85.7m | Reduced -39.8k |
| FMR LLC 0.01% of their portfolio | 1.8m $84.6m | Reduced -402.4k |
| Greencape Capital Pty Ltd 33.20% of their portfolio | 1.7m $80.0m | Added +90.8k |
| JANE STREET GROUP, LLC 0.08% of their portfolio | 1.7m $77.2m | Reduced -635.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.6m $72.3m | Added +57.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.4m $66.0m | Added +139.5k |
| BAILLIE GIFFORD & CO 0.05% of their portfolio | 1.3m $61.3m | Reduced -295.3k |
| NORGES BANK 0.01% of their portfolio | 1.2m $53.4m | Added +480.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.19% of their portfolio | 1.1m $52.3m | Added +398.4k |
| TB Alternative Assets Ltd. 11.52% of their portfolio | 1.1m $49.5m | Added +293.5k |
| Davidson Kempner Capital Management LP 0.80% of their portfolio | 1.0m $48.5m | Reduced -363.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $47.6m | Added +45.7k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.98% of their portfolio | 987.0k $45.8m | Reduced -165.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 914.9k $42.4m | Reduced -20.2k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 891.8k $41.4m | Added +846.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 826.0k $39.4m | Added +127.2k |
| Park West Asset Management LLC 2.97% of their portfolio | 820.0k $38.0m | Reduced -185.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 773.0k $35.9m | Added +160.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 758.3k $35.2m | Reduced -37.7k |
| Fayez Sarofim & Co 0.09% of their portfolio | 753.4k $34.9m | Added +175.4k |
| COATUE MANAGEMENT LLC 0.13% of their portfolio | 739.7k $34.3m | Added +37.5k |
| Legal & General Group Plc 0.01% of their portfolio | 691.0k $32.1m | Reduced -91.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 612.9k $28.4m | Reduced -57.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 608.5k $28.2m | Added +3.4k |
| Walleye Capital LLC 0.27% of their portfolio | 557.3k $25.9m | Added +227.1k |
| NAN FUNG TRINITY (HK) LTD 5.36% of their portfolio | 536.0k $24.9m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio | 523.6k $24.3m | Reduced -166.3k |
| Lombard Odier Asset Management (USA) Corp 8.77% of their portfolio | 500.0k $23.2m | Unchanged |
| Valiant Capital Management, L.P. 2.69% of their portfolio | 491.9k $22.8m | Reduced -22.2k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.52% of their portfolio | 466.7k $21.7m | Added +276.7k |
| Swiss National Bank 0.01% of their portfolio | 463.5k $21.5m | Added +800 |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 428.5k $19.9m | Added +403.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 411.8k $19.1m | Added +417 |
| UBS Group AG 0.01% of their portfolio | 379.4k $17.6m | Reduced -82.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 353.8k $16.4m | Reduced -125.8k |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 340.6k $15.8m | Added +231.2k |
| NOMURA HOLDINGS INC 0.10% of their portfolio | 338.3k $15.7m | Added +281.5k |
| NewEdge Wealth, LLC 0.33% of their portfolio | 327.6k $15.2m | Added +64.7k |
| Invesco Ltd. 0.00% of their portfolio | 319.0k $14.8m | Reduced -628.6k |
| Castle Hook Partners LP 0.50% of their portfolio | 314.0k $14.6m | New |
| Garde Capital, Inc. 1.00% of their portfolio | 310.2k $14.4m | Added +116.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 302.9k $14.1m | Added +36.3k |
| Amova Asset Management Americas, Inc. 0.16% of their portfolio | 293.1k $13.6m | Reduced -21.2k |
| Avory & Company, LLC 9.19% of their portfolio | 281.3k $13.0m | Added +16.1k |
| Coronation Fund Managers Ltd. 0.73% of their portfolio | 273.4k $12.7m | Added +18.2k |
| Amundi 0.00% of their portfolio | 264.8k $12.1m | Reduced -98.2k |
| NZS Capital, LLC 0.45% of their portfolio | 238.2k $11.0m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 229.4k $10.6m | Added +92.3k |
| Weiss Asset Management LP 0.51% of their portfolio | 227.5k $10.6m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 206.2k $9.6m | Reduced -81.0k |
| Erste Asset Management GmbH 0.12% of their portfolio | 200.0k $9.4m | Added +200.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 191.2k $8.9m | Added +42.3k |
| Alta Park Capital, LP 1.16% of their portfolio | 190.5k $8.8m | New |
| Swedbank AB 0.01% of their portfolio | 186.6k $8.7m | Unchanged |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 185.7k $8.6m | Added +5.4k |
| Jump Financial, LLC 0.17% of their portfolio | 182.0k $8.4m | Added +172.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 178.7k $8.3m | Reduced -61.3k |
| GATEWAY INVESTMENT ADVISERS LLC 0.09% of their portfolio | 178.2k $8.3m | Added +161.2k |
| Phase 2 Partners, LLC 4.95% of their portfolio | 177.5k $8.2m | Reduced -16.6k |
| Walleye Trading LLC 0.16% of their portfolio | 172.3k $8.0m | Added +129.2k |
| TWINBEECH CAPITAL LP 0.16% of their portfolio | 171.3k $7.9m | Reduced -57.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 168.6k $7.8m | Added +108.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 168.0k $7.8m | Reduced -3.9k |
| ARK Investment Management LLC 0.07% of their portfolio | 167.8k $7.8m | Reduced -30.8k |
| Verition Fund Management LLC 0.06% of their portfolio | 167.3k $7.8m | Added +155.2k |
| MOORE CAPITAL MANAGEMENT, LP 0.17% of their portfolio | 166.5k $7.7m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 160.0k $7.4m | Added +125.9k |
| Maytus Capital Management, LLC 2.57% of their portfolio | 155.0k $7.2m | Added +85.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 154.7k $7.2m | Reduced -6.9k |
| Korea Investment CORP 0.02% of their portfolio | 151.0k $7.0m | Added +70.2k |
| Andra AP-fonden 0.12% of their portfolio | 150.3k $7.0m | Added +66.2k |
| Tredje AP-fonden 0.07% of their portfolio | 148.6k $6.9m | Reduced -870 |
| SG Americas Securities, LLC 0.04% of their portfolio | 146.2k $6.8m | Added +106.5k |
| NATIXIS 0.04% of their portfolio | 140.8k $6.5m | Reduced -702.4k |
| Yost Capital Management, LP 9.94% of their portfolio | 128.6k $6.0m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio | 128.1k $5.9m | Added +73.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 120.8k $5.6m | Added +76.1k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.17% of their portfolio | 118.0k $5.5m | Reduced -35.0k |
| CenterBook Partners LP 0.34% of their portfolio | 116.3k $5.4m | Added +37.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 116.0k $5.4m | Added +5.8k |
| Twin Tree Management, LP 0.16% of their portfolio | 114.0k $5.3m | New |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 111.0k $5.2m | New |