13FPulse
ZG

ZG ZILLOW GROUP INC - A

2026Q2 · CUSIP 98954M101 · Sector: Other

Normal

Fund flows are within the usual range

Funds that own it
254
Institutions that reported holding it to the SEC
Net decrease in holders
11
Last quarter 265 → now 254
How unusual is that
Bottom 20%
Stronger than only 12% of US stocks
What the filings say, in one paragraph

254 funds held ZG at the end of 2026Q2, down 11 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $2.8B(YoY +17.7%), the P/E is 161.1x, return on equity is 1.3%. ZG has had 13 buying rushes in its history, and the price moved +3.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Other sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2015Q1: holders=223 2015Q2: holders=196 2015Q3: holders=173 2015Q4: holders=149 2016Q1: holders=137 2016Q2: holders=151 2016Q3: holders=149 2016Q4: holders=148 2017Q1: holders=134 2017Q2: holders=149 2017Q3: holders=138 2017Q4: holders=151 2018Q1: holders=163 2018Q2: holders=163 2018Q3: holders=165 2018Q4: holders=151 2019Q1: holders=161 2019Q2: holders=170 2019Q3: holders=148 2019Q4: holders=163 2020Q1: holders=179 2020Q2: holders=203 2020Q3: holders=249 2020Q4: holders=332 2021Q1: holders=372 2021Q2: holders=340 2021Q3: holders=315 2021Q4: holders=325 2022Q1: holders=302 2022Q2: holders=251 2022Q3: holders=245 2022Q4: holders=254 2023Q1: holders=257 2023Q2: holders=263 2023Q3: holders=260 2023Q4: holders=270 2024Q1: holders=255 2024Q2: holders=247 2024Q3: holders=274 2024Q4: holders=309 2025Q1: holders=280 2025Q2: holders=275 2025Q3: holders=302 2025Q4: holders=296 2026Q1: holders=265 2026Q2: holders=254 -221 -110.5 +0 +110.5 +221 120256391 15Q116Q217Q318Q420Q121Q222Q323Q425Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 13 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q3 Top 20% -2.2% -32.1%
2024Q4 Top 20% -11.5% -10.6%
2024Q3 Top 20% +0.8% +1.7%
2021Q1 Top 10% +9.7% -12.7%
2020Q4 Top 10% -23.2% -41.4%
2020Q3 Top 5% +32.9% +67.0%
2020Q2 Top 20% +34.8% +35.3%
2020Q1 Top 5% +20.1% +61.4%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
133
Change in large funds
+11
Total value they hold
$1.3B
Funds buying for the first time
61
Funds that sold out entirely
72
Price change that quarter
-5.8%
Funds holding puts (bearish)
6
Funds holding calls (bullish)
4

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
161.1
EPS (TTM)
$0.22
EPS YoY
Revenue (TTM)
$2.8B
Revenue YoY
+17.7%
Net margin
2.0%
ROE
1.3%
Debt ratio
18.8%
FCF (TTM)
$258M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS -1.24 2021-12-31: EPS -1.02 2022-03-31: EPS 0.06 2022-06-30: EPS 0.03 2022-09-30: EPS -0.22 2022-12-31: EPS -0.29 2023-03-31: EPS -0.09 2023-06-30: EPS -0.15 2023-09-30: EPS -0.12 2023-12-31: EPS -0.32 2024-03-31: EPS -0.10 2024-06-30: EPS -0.07 2024-09-30: EPS -0.08 2024-12-31: EPS -0.23 2025-03-31: EPS 0.03 2025-06-30: EPS 0.01 2025-09-30: EPS 0.04 2025-12-31: EPS 0.01 2026-03-31: EPS 0.19 2026-06-30: EPS -0.02 0B 0.7B 1.3B $B -1.36 -0.58 0.21 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
137 321 505 20252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-2.8B267M3.4B 20162017201820192020202120222023202420252026
Latest quarter $166M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.