Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ZILLOW GROUP INC (Z)

551 + Investors. Track Smart Money conviction in Z. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — Z

Based on 506 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added Z than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
506 hedge funds hold Z right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+32 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

273 buying268 selling
Last quarter: 273 funds bought or added vs 268 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 81 → 56 → 105 → 90. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 18% new
320 out of 506 hedge funds have held Z for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

93 → 81 → 56 → 105 → 90 new funds/Q
New funds entering each quarter: 81 → 56 → 105 → 90. A growing number of institutions are discovering Z each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 9% 1-2yr ■ 22% new
Of 551 current holders: 380 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
42 of 506 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: Z

How many hedge funds hold Z — quarterly history vs. share price
Quarterly hedge fund ownership of Z vs. share price

Market Analysis: Z

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: Z

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

62 top-rated funds 6 high-conviction
Consensus
7.8
/ 10
breadth
×
Elite
5.1
/ 10
conviction
Hedge Fund Positioning: Z
2026 Q1 Stats Unlock in 20 days 551 + Investors

Track Smart Money conviction in Z. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 551 554 -0.54%
13F Shares 192M 195M -1.24%
Total Value $13.14B $15.02B -12.52%
New Positions 92 106 -14
Increased Positions 237 279 -42
Closed Positions 92 55 +37
Reduced Positions 262 203 +59
Total Calls 24 29 -17.24%
Total Puts 28 32 -12.5%
PUT/CALL Ratio 1.17 1.1 Neutral

Statistics: Z

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

551 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in Z. Verified SEC 13F-HR filings.

Top 25 institutional holders of Z — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HILLMAN CO 5.60% 348,301 $14.4M
2 Avory & Company, LLC 5.53% 103,272 $4.3M
3 Kessler Investment Group, LLC 2.58% 131,563 $5.4M
4 Garde Capital, Inc. 0.65% 261,824 $10.8M
5 Arlington Partners LLC 0.49% 5,908 $244K
6 Mirador Capital Partners LP 0.46% 78,479 $3.2M
7 Carmel Capital Partners, LLC 0.43% 29,006 $1.2M
8 Ninety One UK Ltd 0.37% 3,903,764 $161.5M
9 IRIDIAN ASSET MANAGEMENT LLC/CT 0.30% 18,040 $746K
10 True Vision MN LLC 0.22% 10,400 $430K
11 IFP Advisors, Inc 0.21% 241,924 $10.0M
12 Viewpoint Capital Management LLC 0.18% 9,384 $388K
13 Ninety One SA (PTY) Ltd 0.17% 96,864 $4.0M
14 Accurate Wealth Management, LLC 0.17% 34,892 $1.4M
15 ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.16% 130,374 $5.4M
16 GM Advisory Group, LLC 0.15% 92,725 $3.8M
17 MRA Advisory Group 0.14% 8,082 $334K
18 Ninety One North America, Inc. 0.10% 56,163 $2.3M
19 FIDUCIARY FINANCIAL GROUP, LLC 0.10% 17,366 $719K
20 DOLIVER ADVISORS, LP 0.09% 9,592 $397K
21 Optas, LLC 0.08% 12,129 $502K
22 Y-Intercept (Hong Kong) Ltd 0.07% 95,252 $3.9M
23 FNY Investment Advisers, LLC 0.07% 3,871 —
24 HB Wealth Management, LLC 0.05% 202,800 $8.4M
25 GATEWAY INVESTMENT ADVISERS LLC 0.05% 100,562 $4.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ZILLOW GROUP INC (Z)

What does the Smart Money Trend signal show for Z?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added Z than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for Z?

Slight buying edge — 50% buying: Last quarter: 273 funds bought or added vs 268 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for Z holders?

Strong quality — 39% AUM from major funds: 42 of 506 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held Z?

63% of holders stayed for 2+ years: 320 out of 506 hedge funds have held Z for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.