Vault-13

ZILLOW GROUP INC Z 2.75 05.15.25

NOTE 2.750% 5/1 · US DOMESTIC · CUSIP 98954MAH4

0 institutional holders -49 vs Q1 2025
—reported value*
0 new 0 added 0 reduced 48 sold out net sold ≈ $422.6m (-2.5m shares)

* 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. Holder counts are more reliable.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 53Q1 23: 52Q2 23: 50Q3 23: 57Q4 23: 59Q1 24: 56Q2 24: 46Q3 24: 47Q4 24: 55Q1 25: 49Q2 25: 00Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202252
Q4 202253
Q1 202352
Q2 202350
Q3 202357
Q4 202359
Q1 202456
Q2 202446
Q3 202447
Q4 202455
Q1 202549
Q2 20250

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 23: 26 bought or addedQ3 23: 24 cut or sold outQ4 23: 24 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 22 bought or addedQ1 24: 22 cut or sold outQ2 24: 13 bought or addedQ2 24: 36 cut or sold outQ2 24Q3 24: 15 bought or addedQ3 24: 22 cut or sold outQ4 24: 29 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 27 cut or sold outQ2 25: 0 bought or addedQ2 25: 48 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232624
Q4 20232420
Q1 20242222
Q2 20241336
Q3 20241522
Q4 20242923
Q1 20252227
Q2 2025048

Biggest buyers

None

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -116,270,000-116.3m
AQR Arbitrage LLC Sold out -56,460,000-56.5m
FRANKLIN RESOURCES INC Sold out -31,500,000-31.5m
D. E. Shaw & Co., Inc. Sold out -30,250,000-30.2m
TWO SIGMA INVESTMENTS, LP Sold out -23,640,000-23.6m
LAZARD ASSET MANAGEMENT LLC Sold out -22,311,000-22.3m
QVT Financial LP Sold out -15,000,000-15.0m
GOLDMAN SACHS GROUP INC Sold out -11,195,000-11.2m
BNP PARIBAS FINANCIAL MARKETS Sold out -10,173,000-10.2m
SUSQUEHANNA ADVISORS GROUP, INC. Sold out -9,500,000-9.5m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change