undamentalytics Newsletter

Zillow Group, Inc.: which funds bought and sold

Institutions that bought and sold Zillow Group shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 193 institutions that filed 13F reports for both quarters added to or opened positions in Zillow Group, and 295 cut or closed them. Together they sold a net 5.5M shares, −3.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 2.9M shares (−5.0%); index fund managers were net sellers of 3.7M shares (−8.7%). 61 opened a new position and 130 sold out entirely.

Bought, Q2 2026 193 institutions, 61 of them new holders Sold, Q2 2026 295 institutions, 130 of them sold out
Net change, all compared −5.5M shares (−3.2%)
Net change, active managers −2.9M shares (−5.0%), 31 bought, 36 sold

Buyers versus sellers

institutions compared, 538
Active managers and hedge funds 31 bought · 36 sold · −2.9M
Index fund managers 2 bought · 8 sold · −3.7M
Other institutions 160 bought · 251 sold · +1.1M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Qube Research & Technologies Ltd Hedge fund +3.5M +1664.9% 3.8M $119M
Independent Franchise Partners LLP Active manager +3.1M +23.5% 16.3M $514M
Arrowstreet Capital, Limited Partnership Hedge fund +2.2M New position 2.2M $68.3M
Ancient Art, L.P. +2.2M New position 2.2M $68.1M
D. E. Shaw & Co., Inc. Hedge fund +2.0M +431.0% 2.5M $78.1M
State Of Wisconsin Investment Board +1.5M +71.5% 3.5M $112M
Tudor Investment Corp Et Al Hedge fund +1.1M New position 1.1M $34.7M
Millennium Management LLC Hedge fund +1.0M +2331.2% 1.1M $33.4M
Jane Street Group, LLC +959K +56.7% 2.7M $83.5M
PAR Capital Management Inc Hedge fund +823K New position 823K $25.9M
Susquehanna International Group, LLP +737K +70.2% 1.8M $56.3M
Kahn Brothers Group Inc +637K +116.8% 1.2M $37.3M
Connor, Clark & Lunn Investment Management Ltd. +516K +65.9% 1.3M $40.9M
Point72 Asset Management, L.P. Hedge fund +510K +413.2% 634K $20M
Capital Fund Management S.A. Hedge fund +493K New position 493K $15.5M
Natixis +468K New position 468K $14.8M
Manchester Capital Management LLC +455K +554342.7% 455K $14.3M
Deutsche Bank Ag\ +386K +155.2% 635K $20M
Los Angeles Capital Management LLC Active manager +377K +49498.0% 377K $11.9M
Assenagon Asset Management S.A. +336K +123.9% 608K $19.2M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Tiger Global Management LLC Hedge fund −7.4M Sold out 0 —
Eminence Capital, LP Hedge fund −3.4M Sold out 0 —
Dorsal Capital Management, LP Hedge fund −2.5M Sold out 0 —
Blackrock, Inc. Index funds −1.8M −18.5% 8.2M $257M
Caledonia (Private) Investments Pty Ltd −1.8M −6.9% 24.1M $760M
Scge Management, L.P. Hedge fund −1.3M Sold out 0 —
State Street Corp Index funds −918K −23.7% 3.0M $93.2M
Glenview Capital Management, LLC Hedge fund −790K Sold out 0 —
Goldman Sachs Group Inc −774K −43.0% 1.0M $32.4M
L1 Capital Pty Ltd Active manager −770K −60.7% 499K $15.7M
Vanguard Portfolio Management LLC Index funds −682K −4.9% 13.3M $420M
Harvard Management Co Inc −562K Sold out 0 —
Jain Global LLC Hedge fund −544K −90.8% 55K $1.7M
Morgan Stanley −541K −21.0% 2.0M $64.1M
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC −534K −56.2% 416K $13.1M
Amundi −518K −45.2% 627K $19.8M
Balyasny Asset Management L.P. Hedge fund −516K −91.5% 48K $1.5M
Ninety One Uk Ltd −431K −11.0% 3.5M $109M
Wellington Management Group LLP Active manager −418K −57.8% 305K $9.6M
HSBC Holdings PLC −368K −83.9% 71K $2.2M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Arrowstreet Capital, Limited PartnershipHedge fund 2.2M $68.3M
Ancient Art, L.P. 2.2M $68.1M
Tudor Investment Corp Et AlHedge fund 1.1M $34.7M
PAR Capital Management IncHedge fund 823K $25.9M
Capital Fund Management S.A.Hedge fund 493K $15.5M
Natixis 468K $14.8M
Susquehanna Portfolio Strategies, LLC 295K $9.3M
Algert Global LLCHedge fund 226K $7.1M
HRT Financial LP 164K $5.2M
Engineers Gate Manager LPHedge fund 148K $4.7M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Tiger Global Management LLCHedge fund 7.4M $305M
Eminence Capital, LPHedge fund 3.4M $143M
Dorsal Capital Management, LPHedge fund 2.5M $101M
Scge Management, L.P.Hedge fund 1.3M $52.3M
Glenview Capital Management, LLCHedge fund 790K $32.7M
Harvard Management Co Inc 562K $23.3M
Woodson Capital Management, LP 335K $13.9M
Private Advisory Group LLC 278K $11.5M
Korea Investment Corp 176K $7.3M
Maytus Capital Management, LLC 166K $6.9M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
415
Ten largest holders
57.4%
of 13F-reported shares
Index fund managers
23.0%
of 13F-reported shares
Active managers and hedge funds
31.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 31 36 12 15 −2.9M −5.0%
Index fund managers 2 8 0 0 −3.7M −8.7%
Other institutions 160 251 49 115 +1.1M +1.4%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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