BlackRock (NYSE: BLK) discloses 7.8M-share Zillow Group (Z) Class C stake

Rhea-AI Filing Summary

BlackRock, Inc. filed an amended Schedule 13G reporting passive ownership of Class C stock of Zillow Group, Inc. As of June 30, 2026, BlackRock reported beneficial ownership of 7,776,087 Class C shares, representing 4.3% of that class.

BlackRock reported sole voting power over 7,339,333 shares and sole dispositive power over 7,776,087 shares, with no shared voting or dispositive power. The filing notes that various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Zillow’s outstanding common shares.

Key Figures

Beneficial ownership: 7,776,087 shares Ownership percentage: 4.3% Sole voting power: 7,339,333 shares +3 more

6 metrics

Beneficial ownership 7,776,087 shares Class C stock beneficially owned by BlackRock as of June 30, 2026

Ownership percentage 4.3% Percent of Zillow Group Class C stock held by BlackRock

Sole voting power 7,339,333 shares Shares over which BlackRock has sole power to vote or direct the vote

Shared voting power 0 shares Shares over which BlackRock has shared power to vote

Sole dispositive power 7,776,087 shares Shares over which BlackRock has sole power to dispose

Shared dispositive power 0 shares Shares over which BlackRock has shared power to dispose

Key Terms

beneficially owned, sole voting power, sole dispositive power, parent holding company

4 terms

beneficially owned financial

"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"5 | Sole Voting Power 7,339,333.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"7 | Sole Dispositive Power 7,776,087.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

parent holding company financial

"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What percentage of Zillow Group (Z) Class C stock does BlackRock report owning?

BlackRock reports beneficial ownership of 4.3% of Zillow Group’s Class C stock. This corresponds to 7,776,087 shares as of June 30, 2026, according to the Schedule 13G/A filing.

How many Zillow Group (Z) Class C shares does BlackRock beneficially own?

BlackRock reports beneficial ownership of 7,776,087 Zillow Group Class C shares. This holding represents 4.3% of the Class C stock outstanding as disclosed in the amended Schedule 13G.

What voting power does BlackRock have over its Zillow Group (Z) shares?

BlackRock has sole voting power over 7,339,333 Zillow Group Class C shares. It reports no shared voting power, meaning voting decisions for these shares are controlled solely by BlackRock’s reporting business units.

What dispositive power does BlackRock report over Zillow Group (Z) shares?

BlackRock reports sole dispositive power over 7,776,087 Class C shares of Zillow Group. It reports no shared dispositive power, indicating exclusive authority to decide whether to sell or otherwise dispose of these shares.

Are any individual BlackRock clients over 5% holders of Zillow Group (Z)?

The filing states that various persons may receive dividends or sale proceeds from the shares, but that no one person’s interest in Zillow Group common stock exceeds five percent of the total outstanding common shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

ZILLOW GROUP, INC.

(Name of Issuer)

Class C Stock

(Title of Class of Securities)

98954M200

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 98954M200

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 7,339,333.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 7,776,087.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,776,087.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.3 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ZILLOW GROUP, INC.
(b)	Address of issuer's principal executive offices: 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Class C Stock
(e)	CUSIP No.: 98954M200
Item 4.	Ownership
(a)	Amount beneficially owned: 7776087
(b)	Percent of class: 4.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 7339333
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 7776087
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of ZILLOW GROUP, INC.. No one person's interest in the common stock of ZILLOW GROUP, INC. is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/30/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7