Independent Franchise Partners
US Equity Fund
Independent Franchise Partners Zillow Group Inc, CL-C stake
total: 60
US Equity Fund Z trades
- Total transactions:
- 18
- New positions:
- 1
- Added:
- 8
- Reduced:
- 9
- Held since:
- 2021 Q4
- Held for:
- 19 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Independent Franchise Partners holds 1,132,333 Zillow Group Inc, CL-C (Z) shares with a market value of roughly $35.67M accounting for 2.69% of the overall portfolio. To date, the estimated cost basis is nearly $52.79 for "buy" trades and estimated average "sell" price is $66.21. US Equity Fund first purchased Z in 2021 Q4, initially acquiring about 1.29M shares. Since the initial investment in Zillow Group Inc, CL-C (Z), US Equity Fund has made 17 more transactions.
When did Independent Franchise Partners buy Zillow Group Inc, CL-C (Z)?
Independent Franchise Partners first invested in Zillow Group Inc, CL-C (Z) in 2021 Q4 at the reported quarter-end price of $63.62 per share.
What's the cost basis of US Equity Fund's Z stake?
The estimated cost basis for Zillow Group Inc, CL-C (Z) stake is around $52.79 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $52.79
- Weighted AVG sell price:
- $66.20
Independent Franchise Partners's historical trades in Zillow Group Inc, CL-C
18 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
2.69%
|
1,132,333
|
$31.50
|
$35,665,247
|
-5.01% (-59,777)
|
-0.13%
|
|
2026 Q1
|
3.34%
|
1,192,110
|
$41.38
|
$49,331,253
|
+18.55% (+186,561)
|
+0.52%
|
|
2025 Q4
|
4.37%
|
1,005,549
|
$68.22
|
$68,599,898
|
-8.53% (-93,756)
|
-0.39%
|
|
2025 Q3
|
5.14%
|
1,099,305
|
$76.70
|
$84,317,496
|
+5.22% (+54,551)
|
+0.26%
|
|
2025 Q2
|
5.03%
|
1,044,754
|
$69.84
|
$72,966,916
|
+0.18% (+1,901)
|
+0.01%
|
|
2025 Q1
|
5.11%
|
1,042,853
|
$68.33
|
$71,260,758
|
+24.28% (+203,746)
|
+1%
|
|
2024 Q4
|
5.62%
|
839,107
|
$73.62
|
$61,776,545
|
-53.91% (-981,503)
|
-3.68%
|
|
2024 Q3
|
5.91%
|
1,820,610
|
$63.61
|
$115,816,444
|
-4.26% (-81,064)
|
-0.27%
|
|
2024 Q2
|
4.68%
|
1,901,674
|
$46.22
|
$87,903,213
|
-6.44% (-130,794)
|
-0.31%
|
|
2024 Q1
|
5.08%
|
2,032,468
|
$48.67
|
$98,919,171
|
-0.31% (-6,365)
|
-0.02%
|
|
2023 Q4
|
6.36%
|
$57.72
|
-1.15% (-23,631)
|
|||
|
2023 Q2
|
5.54%
|
$50.13
|
+2.93% (+58,687)
|
|||
|
2023 Q1
|
5.27%
|
$44.38
|
-0.20% (-4,081)
|
|||
|
2022 Q4
|
4.12%
|
$32.09
|
-3.07% (-63,587)
|
|||
|
2022 Q3
|
4.01%
|
$28.61
|
+16.44% (+292,405)
|
|||
|
2022 Q2
|
3.56%
|
$31.76
|
+31.19% (+422,930)
|
|||
|
2022 Q1
|
3.56%
|
$49.16
|
+4.99% (+64,491)
|
|||
|
2021 Q4
|
3.95%
|
$63.62
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.