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Quincy Lee is back in ZG after about 3 years out, now 13.91% of the portfolio.

Re-entered with 2,160,359 shares worth $68.09M; the fund had sold out of the name in 2023 Q1.
Published · Based on SEC filings

High impact
Re-entry
2026 Q2

Quincy Lee's Ancient Art (Teton Capital) is back in Zillow Group Inc (ZG) in 2026 Q2, after about 3 years out, according to the 13F-HR filed with the SEC on August 14, 2026. The filing lists 2.16M shares worth about $68.1M at June 30, 2026, 13.91% of the reported portfolio. ZG enters the book as the 2nd largest of 16 stock positions.

What did the 2026 Q2 filing report for ZG?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Value
Shares 2.16M
Reported value $68.1M
Portfolio weight 13.91%
Rank in portfolio 2nd of 16
Sold out in 2023 Q1
Out for about 3 years

How big is the returning ZG position?

Quincy Lee opened 2 stock positions in 2026 Q2; ZG is the largest of them by weight. An average stock position in the Quincy Lee portfolio is 6% of the reported value, so the new name comes in above the fund's typical size.

Where does ZG sit in the Quincy Lee portfolio?

ZG ranks 2nd of 16 stock positions in the Quincy Lee portfolio at 13.91%, above the fund's average stock position of 6%. The largest stock position is IBKR at 22.86%. Next come ZG at 13.91% and UPWK at 12.35%. The three largest stocks together are 49.12% of the book. The ZG purchase was the 2nd largest of the quarter's 8 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Quincy Lee reported 16 stock positions, with 2 opened and 2 closed. The total portfolio value is about $489.4M, up 7% from the prior quarter.

Quincy Lee buys and sells, 2026 Q2

When did Quincy Lee hold ZG before?

Quincy Lee held ZG before. The fund first reported the name in the quarter ended September 30, 2017, sold out twice, most recently in 2023 Q1, and is back after about 3 years out. The weight peaked at 19.3% in 2019 Q4. Every reported trade is on the Quincy Lee ZG trade history page.

Quincy Lee shares of ZG by quarter

Did other funds buy or sell ZG in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 2 hold ZG. One other tracked fund sold out of it. The largest buyer of ZG this quarter was Kahn Brothers Group. The largest sellers were Chase Coleman III and Independent Franchise Partners. Every tracked holder of ZG is on the ZG ownership page.

FAQ

How many ZG shares does Quincy Lee hold?

Quincy Lee holds 2.16M shares of ZG as of June 30, 2026, worth about $68.1M.

What is ZG's weight in the Quincy Lee portfolio?

ZG is 13.91% of the Quincy Lee portfolio and ranks 2nd of 16 stocks by weight.

Has Quincy Lee owned ZG before?

Yes. Quincy Lee held ZG before. The fund first reported the name in the quarter ended September 30, 2017, sold out twice, most recently in 2023 Q1, and is back after about 3 years out.

How many other tracked funds hold ZG?

2 other tracked funds that had filed for 2026 Q2 hold ZG.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst