Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ZILLOW GROUP INC (ZG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — ZG

Based on 281 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their ZG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
281 hedge funds hold ZG 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding ZG is almost the same as a year ago (-8 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

149 buying146 selling
Last quarter: 149 funds bought or added vs 146 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 (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 42 → 35 → 60 → 54. 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.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 22% medium ■ 21% new
160 out of 281 hedge funds have held ZG 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

60 → 42 → 35 → 60 → 54 new funds/Q
New funds entering each quarter: 42 → 35 → 60 → 54. A growing number of institutions are discovering ZG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 12% 1-2yr ■ 23% new
Of 290 current holders: 186 (64%) 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.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
36 of 281 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ZG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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: ZG

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

Market Analysis: ZG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

47 top-rated funds 2 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: ZG
2026 Q1 Stats Unlock in 15 days 290 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 290 297 -2.36%
13F Shares 44M 41M 6.39%
Total Value $3.00B $3.08B -2.47%
New Positions 54 62 -8
Increased Positions 110 114 -4
Closed Positions 59 38 +21
Reduced Positions 101 99 +2
Total Calls 7 8 -12.5%
Total Puts 3 6 -50.0%
PUT/CALL Ratio 0.43 0.75 Bullish

Statistics: ZG

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

290 + investors

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

Top 25 institutional holders of ZG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Unified Investment Management 0.70% 16,625 $688K
2 Garde Capital, Inc. 0.24% 98,207 $4.1M
3 Garner Asset Management Corp 0.21% 12,740 $527K
4 HARTLINE INVESTMENT CORP/ 0.20% 44,946 $1.9M
5 Polianta Ltd 0.20% 36,100 $1K
6 CREDIT INDUSTRIEL ET COMMERCIAL 0.15% 47,873 $2.0M
7 HOHIMER WEALTH MANAGEMENT, LLC 0.07% 15,201 $629K
8 Oak Thistle LLC 0.05% 12,777 $529K
9 FIDUCIARY FINANCIAL GROUP, LLC 0.05% 8,377 $347K
10 Optas, LLC 0.04% 5,735 $237K
11 PayPay Securities Corp 0.03% 22 —
12 AlphaQuest LLC 0.03% 6,877 $469K
13 Aaron Wealth Advisors LLC 0.02% 8,627 $357K
14 PRAXIS INVESTMENT MANAGEMENT INC 0.02% 6,605 —
15 Versant Capital Management, Inc 0.01% 3,247 $134K
16 Ninety One SA (PTY) Ltd 0.01% 5,763 $232K
17 Ninety One UK Ltd 0.01% 87,274 $3.6M
18 Police & Firemen's Retirement System of New Jersey 0.01% 21,154 $876K
19 Leonteq Securities AG 0.01% 4,762 $197K
20 SBI Securities Co., Ltd. 0.00% 3,848 $159K
21 BI Asset Management Fondsmaeglerselskab A/S 0.00% 9,978 —
22 Avanza Fonder AB 0.00% 3,309 $137K
23 PINNACLE ASSOCIATES LTD 0.00% 6,910 $286K
24 GAMMA Investing LLC 0.00% 1,821 $75K
25 Ethic Inc. 0.00% 5,053 $209K
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 (ZG)

What does the Smart Money Trend signal show for ZG?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their ZG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for ZG?

Slight buying edge — 51% buying: Last quarter: 149 funds bought or added vs 146 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 ZG holders?

Elite ownership — 40% AUM from top-100 funds: 36 of 281 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ZG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ZG?

57% of holders stayed for 2+ years: 160 out of 281 hedge funds have held ZG 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.