FMR discloses 5.8% Zillow Group (Z) ownership on Schedule 13G
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
FMR LLC has reported a passive ownership stake in Zillow Group Inc. Class A common stock on a Schedule 13G. FMR and related reporting person Abigail P. Johnson beneficially own 2,871,447.04 shares, representing 5.8% of the Class A shares. FMR has sole voting power over 2,857,337.00 shares and sole dispositive power over 2,871,447.04 shares, while Johnson reports sole dispositive but no voting power. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Zillow Group.
Positive
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Negative
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FAQ
What ownership stake in Zillow Group (Z) does FMR LLC report?
FMR LLC reports beneficial ownership of 5.8% of Zillow Group’s Class A common stock. This corresponds to 2,871,447.04 shares, held on a passive basis and reported on a Schedule 13G as of the stated event date.
What is Abigail P. Johnson’s reported interest in Zillow Group (Z)?
Abigail P. Johnson is listed as beneficially owning 2,871,447.04 Zillow Group Class A shares. She reports no voting power over these shares but sole dispositive power, aligning her reported beneficial ownership with that of FMR LLC.
Is FMR LLC’s Zillow Group (Z) stake reported as passive or active?
The stake is reported as passive on Schedule 13G. The certification states the securities were acquired and are held in the ordinary course of business, not to change or influence control of Zillow Group’s management or policies.
Why did FMR LLC have to file this Schedule 13G on Zillow Group (Z)?
FMR LLC crossed the 5% beneficial ownership threshold in Zillow Group’s Class A shares. Holding more than five percent, at 5.8%, triggers a beneficial ownership reporting obligation under U.S. securities rules, which is satisfied here via Schedule 13G.