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Zillow Group, Inc. Message Board

  • surbiton99 surbiton99 Apr 9, 2013 5:33 PM Flag

    Caledonia Investments now holds 16.45% of Zillow stock

    So Australian investment fund Caledonia Investments increases it holding in Zillow to 16.45% as reported in todays Schedule 13G/A SEC filing. Makes you wonder what their strategy is, particularly as they have built a 13.7% holding in Zillow competitor Trulia, The Caledonia buying is they main reason behind the recent share price increase in both these companies so it begs the question if they know something about separate bids for both companies. Or maybe they just don't realize how massively over valued both Z and TRLA are.

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17.81-0.16(-0.89%)Feb 12 4:00 PMEST