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 ($24.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.07. Options: 40 managers hold calls ($1.0bn notional), 35 hold puts ($586.4m).
Trends to Q4 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 |
| Q3 2024 | 458 |
| Q4 2024 | 501 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 191 | 181 |
| Q2 2023 | 200 | 179 |
| Q3 2023 | 164 | 214 |
| Q4 2023 | 198 | 206 |
| Q1 2024 | 195 | 214 |
| Q2 2024 | 203 | 206 |
| Q3 2024 | 223 | 201 |
| Q4 2024 | 222 | 217 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $1.7bn | $661.5m | 0.40 |
| Q2 2024 | $781.3m | $545.9m | 0.70 |
| Q3 2024 | $899.7m | $483.1m | 0.54 |
| Q4 2024 | $1.0bn | $586.4m | 0.57 |
Biggest buyers
| FMR LLC | Added | +3.5m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.9m |
| NEUBERGER BERMAN GROUP LLC | Added | +1.1m |
| UBS Group AG | Added | +790.2k |
| CAXTON ASSOCIATES LP | New | +700.0k |
| Castle Hook Partners LP | New | +673.7k |
| Polar Capital Holdings Plc | New | +452.4k |
| Altimeter Capital Management, LP | Added | +445.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +375.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +369.6k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.9m |
| EMINENCE CAPITAL, LP | Reduced | -974.8k |
| JANE STREET GROUP, LLC | Reduced | -962.3k |
| Greencape Capital Pty Ltd | Reduced | -916.5k |
| Independent Franchise Partners LLP | Reduced | -851.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -566.1k |
| D. E. Shaw & Co., Inc. | Reduced | -495.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -448.0k |
| MANE GLOBAL CAPITAL MANAGEMENT LP | Reduced | -435.2k |
| GROUPAMA ASSET MANAGMENT | Reduced | -400.0k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $297.6m4.0m shares |
| CITADEL ADVISORS LLC | Added | $134.8m1.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $99.4m1.3m shares |
| Twin Tree Management, LP | Reduced | $48.3m651.8k shares |
| Walleye Trading LLC | Reduced | $45.1m608.4k shares |
| IMC-Chicago, LLC | Added | $39.9m539.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $39.0m527.4k shares |
| SG Americas Securities, LLC | Reduced | $35.9m1.2m shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $31.9m4.3k shares |
| WOLVERINE TRADING, LLC | Added | $27.3m365.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $122.5m1.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $88.8m1.2m shares |
| UBS Group AG | Reduced | $38.5m519.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $37.7m508.6k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $33.3m450.0k shares |
| IMC-Chicago, LLC | Added | $28.9m390.8k shares |
| D. E. Shaw & Co., Inc. | Added | $23.1m311.9k shares |
| Walleye Trading LLC | Reduced | $22.5m304.4k shares |
| Caption Management, LLC | Unchanged | $22.2m300.0k shares |
| Squarepoint Ops LLC | Added | $22.1m297.9k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2024 | 0 | — | 13 | $12.9m | $2.8m |
| Q4 2024 | 0 | — | 13 | $25.0m | $4.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-06 | Rock Jennifer Chief Accounting Officer | Sold | $251.1k3.0k shares |
| 2024-12-04 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold | $2.8m33.3k shares |
| 2024-12-04 | Hofmann Jeremy Chief Financial Officer | Sold plan | $2.1m25.0k shares |
| 2024-12-03 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold | $2.8m33.3k shares |
| 2024-12-03 | Cormier Thielke Claire Director | Sold plan | $118.0k1.4k shares |
| 2024-12-03 | Underwood April Director | Sold | $59.7k706 shares |
| 2024-12-02 | Frink Lloyd D Co -Exec. Chairman & President, director | Sold | $2.8m33.3k shares |
| 2024-12-02 | BLACHFORD ERIK C Director | Sold plan | $118.7k1.4k shares |
| 2024-11-29 | Spaulding Dan Chief People Officer | Sold plan | $393.6k4.6k shares |
| 2024-11-27 | Hofmann Jeremy Chief Financial Officer | Sold plan | $612.5k7.2k shares |
| 2024-11-25 | Choo Jun Chief Operating Officer | Sold | $494.1k5.8k shares |
| 2024-11-22 | Beitel David A. Chief Technology Officer | Sold | $994.3k11.9k shares |
| 2024-11-22 | Cormier Thielke Claire Director | Sold | $863.5k10.4k shares |
| 2024-11-22 | Choo Jun Chief Operating Officer | Sold | $485.9k5.8k shares |
| 2024-11-22 | Rock Jennifer Chief Accounting Officer | Sold | $100.3k1.2k shares |
| 2024-11-19 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $1.3m17.0k shares |
| 2024-11-19 | Choo Jun Chief Operating Officer | Sold | $751.0k10.0k shares |
| 2024-11-15 | Beitel David A. Chief Technology Officer | Sold | $4.1m56.8k shares |
| 2024-11-15 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $668.9k9.1k shares |
| 2024-11-15 | Rock Jennifer Chief Accounting Officer | Sold | $600.8k8.2k shares |
| 2024-11-15 | Owens Bradley D. General Counsel | Sold plan | $134.8k1.8k shares |
| 2024-11-13 | Samuelson Errol G Chief Industry Dev. Officer | Sold | $514.6k7.0k shares |
| 2024-11-13 | Wacksman Jeremy Chief Executive Officer, director | Sold plan | $442.7k6.0k shares |
| 2024-11-13 | Hofmann Jeremy Chief Financial Officer | Sold | $347.8k4.7k shares |
| 2024-11-13 | Daimler Susan President of Zillow | Sold | $273.3k3.7k shares |
| 2024-11-13 | Rock Jennifer Chief Accounting Officer | Sold | $235.9k3.2k shares |
| 2024-11-13 | Beitel David A. Chief Technology Officer | Sold | $235.2k3.2k shares |
| 2024-11-13 | Spaulding Dan Chief People Officer | Sold | $221.2k3.0k shares |
| 2024-11-13 | Daimler Susan President of Zillow | Sold | $200.0k2.7k shares |
| 2024-11-13 | Owens Bradley D. General Counsel | Sold plan | $89.7k1.2k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| Caledonia (Private) Investments Pty Ltd 35.40% of their portfolio | 35.8m $2.7bn | Reduced -339.1k |
| VANGUARD GROUP INC 0.03% of their portfolio | 21.0m $1.6bn | Reduced -255.0k |
| Independent Franchise Partners LLP 6.05% of their portfolio | 10.9m $805.9m | Reduced -851.8k |
| BlackRock, Inc. 0.01% of their portfolio | 8.7m $643.9m | Added +255.9k |
| FMR LLC 0.04% of their portfolio | 8.6m $633.9m | Added +3.5m |
| Capital World Investors 0.08% of their portfolio | 7.2m $531.8m | Reduced -210.1k |
| Ninety One UK Ltd 0.72% of their portfolio | 3.6m $267.9m | Added +111.2k |
| STATE STREET CORP 0.01% of their portfolio | 3.5m $257.8m | Added +31.5k |
| Dorsal Capital Management, LP 7.47% of their portfolio | 3.4m $248.1m | Added +150.0k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.2m $236.7m | Reduced -2.9m |
| Technology Crossover Management IX, Ltd. 22.29% of their portfolio | 3.0m $225.7m | Unchanged |
| EMINENCE CAPITAL, LP 3.30% of their portfolio | 2.9m $215.8m | Reduced -974.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.9m $212.7m | Added +28.7k |
| Technology Crossover Management VIII, Ltd. 34.85% of their portfolio | 2.7m $202.5m | Unchanged |
| Contour Asset Management LLC 5.29% of their portfolio | 2.5m $182.9m | Reduced -347.7k |
| Technology Crossover Management XI, Ltd. 20.01% of their portfolio | 2.3m $173.1m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 2.0m $150.9m | Added +1.9m |
| Greencape Capital Pty Ltd 37.93% of their portfolio | 1.7m $127.2m | Reduced -916.5k |
| MORGAN STANLEY 0.01% of their portfolio | 1.7m $123.1m | Added +122.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.5m $114.1m | Added +65.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.5m $113.9m | Added +11.7k |
| CITIGROUP INC 0.10% of their portfolio | 1.5m $108.3m | Reduced -29.5k |
| Altimeter Capital Management, LP 1.74% of their portfolio | 1.3m $96.3m | Added +445.2k |
| UBS Group AG 0.02% of their portfolio | 1.3m $94.0m | Added +790.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.3m $92.6m | Added +125.3k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 1.1m $79.4m | Added +1.1m |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.0m $76.7m | Added +266.4k |
| BAILLIE GIFFORD & CO 0.06% of their portfolio | 987.6k $73.1m | Reduced -261.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 970.5k $71.9m | Added +144.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 960.1k $71.1m | Added +176.1k |
| GROUPAMA ASSET MANAGMENT 0.02% of their portfolio | 900.0k $1.1m | Reduced -400.0k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.32% of their portfolio | 875.2k $64.8m | Reduced -84.5k |
| Park West Asset Management LLC 4.92% of their portfolio | 797.7k $59.1m | Reduced -289.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 790.9k $58.6m | Reduced -16.8k |
| Bridgewater Associates, LP 0.25% of their portfolio | 724.5k $53.7m | Added +200.8k |
| CAXTON ASSOCIATES LP 1.65% of their portfolio | 700.0k $51.8m | New |
| Fayez Sarofim & Co 0.13% of their portfolio | 698.3k $51.7m | Reduced -28.0k |
| Legal & General Group Plc 0.01% of their portfolio | 673.7k $49.9m | Reduced -44.3k |
| Castle Hook Partners LP 1.06% of their portfolio | 673.7k $49.9m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 586.9k $43.5m | Reduced -22.5k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 573.4k $42.5m | Reduced -962.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.41% of their portfolio | 556.9k $41.2m | Added +63.9k |
| Walleye Capital LLC 0.37% of their portfolio | 523.8k $38.8m | Added +224.1k |
| Polar Capital Holdings Plc 0.19% of their portfolio | 452.4k $33.5m | New |
| Swiss National Bank 0.02% of their portfolio | 434.1k $32.1m | Reduced -32.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 431.5k $32.0m | Added +47.1k |
| Valiant Capital Management, L.P. 4.09% of their portfolio | 413.1k $30.6m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 397.2k $29.4m | Added +369.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 392.4k $29.1m | Reduced -15.2k |
| TB Alternative Assets Ltd. 7.31% of their portfolio | 383.2k $28.4m | Reduced -45.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 375.0k $27.8m | New |
| COATUE MANAGEMENT LLC 0.09% of their portfolio | 369.9k $27.4m | Reduced -369.9k |
| Holocene Advisors, LP 0.09% of their portfolio | 368.4k $27.3m | Added +349.0k |
| HILLMAN CO 10.92% of their portfolio | 348.3k $25.8m | Added +163.1k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.14% of their portfolio | 336.9k $24.9m | Reduced -435.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 332.5k $24.6m | Added +3.6k |
| Amundi 0.01% of their portfolio | 325.6k $23.1m | Reduced -147.4k |
| GILDER GAGNON HOWE & CO LLC 0.25% of their portfolio | 317.1k $23.5m | Added +32.0k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 314.3k $23.3m | Reduced -495.3k |
| NAN FUNG TRINITY (HK) LTD 4.71% of their portfolio | 311.5k $23.1m | Reduced -120.3k |
| BARCLAYS PLC 0.01% of their portfolio | 300.7k $22.3m | Reduced -197.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 294.0k $21.8m | Reduced -71.7k |
| Invesco Ltd. 0.00% of their portfolio | 292.8k $21.7m | Reduced -16.4k |
| Avory & Company, LLC 12.15% of their portfolio | 292.7k $21.7m | Added +178 |
| Garde Capital, Inc. 1.40% of their portfolio | 287.3k $21.3m | Unchanged |
| NZS Capital, LLC 0.89% of their portfolio | 281.8k $20.9m | Reduced -62.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 260.3k $19.3m | Reduced -57.3k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 255.5k $18.9m | New |
| MacKay Shields LLC 0.52% of their portfolio | 236.3k $17.5m | New |
| Amova Asset Management Americas, Inc. 0.19% of their portfolio | 232.2k $17.2m | Reduced -40.6k |
| Coronation Fund Managers Ltd. 0.98% of their portfolio | 224.0k $16.6m | Added +3.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 219.1k $16.2m | Reduced -189.5k |
| NORGES BANK 0.00% of their portfolio | 215.0k $15.9m | Reduced -357.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 214.6k $15.9m | Added +23.4k |
| Verition Fund Management LLC 0.08% of their portfolio | 212.4k $15.7m | Reduced -129.5k |
| TYBOURNE CAPITAL MANAGEMENT (HK) LTD 3.84% of their portfolio | 206.7k $15.3m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 201.4k $14.9m | Added +18.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.07% of their portfolio | 200.5k $14.8m | Added +145.9k |
| Alta Park Capital, LP 1.93% of their portfolio | 199.3k $14.8m | Reduced -119.2k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 198.0k $14.7m | New |
| NewEdge Wealth, LLC 0.25% of their portfolio | 194.8k $14.4m | Added +29.1k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 194.3k $14.4m | Added +131.5k |
| Parallax Volatility Advisers, L.P. 0.30% of their portfolio | 181.8k $13.5m | Added +118.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 179.6k $13.3m | Reduced -5.0k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 165.0k $12.2m | Added +3.2k |
| Swedbank AB 0.01% of their portfolio | 156.6k $11.6m | Reduced -30.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 153.4k $11.4m | Reduced -4.7k |
| WOLVERINE ASSET MANAGEMENT LLC 0.20% of their portfolio | 152.7k $11.3m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 152.0k $11.3m | Reduced -448.0k |
| ARK Investment Management LLC 0.09% of their portfolio | 150.1k $11.1m | Reduced -2.3k |
| Squarepoint Ops LLC 0.03% of their portfolio | 150.0k $11.1m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 149.8k $11.1m | Reduced -125.8k |
| AGF MANAGEMENT LTD 0.05% of their portfolio | 145.3k $10.8m | Added +10.2k |
| Erste Asset Management GmbH 0.13% of their portfolio | 140.0k $10.4m | Reduced -60.0k |
| IVY LANE CAPITAL MANAGEMENT, LLC 5.40% of their portfolio | 135.0k $10.0m | Unchanged |
| GATEWAY INVESTMENT ADVISERS LLC 0.11% of their portfolio | 134.9k $10.0m | Reduced -3.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 131.5k $9.7m | Reduced -566.1k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 131.0k $9.7m | Added +113.6k |
| Davidson Kempner Capital Management LP 0.16% of their portfolio | 125.0k $9.3m | Reduced -125.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 115.9k $8.6m | Reduced -10.7k |