SCHEDULE: FMR LLC Discloses 5.8% Stake in Zillow Group Class A Stock

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 5.8% of Zillow Group Inc.'s Class A Common Stock as of December 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 2,871,447.04 shares of Zillow Group Inc. Class A Common Stock.
• This ownership represents 5.8% of the total outstanding Class A Common Stock of Zillow Group Inc.
• The filing was made under Schedule 13G, indicating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Zillow Group Inc.
• FMR LLC holds sole voting power over 2,857,337.00 shares and sole dispositive power over 2,871,447.04 shares.
• Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, is deemed to beneficially own the same 2,871,447.04 shares with sole dispositive power.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities that beneficially own shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive disclosure, indicating continued significant institutional investment by FMR LLC in Zillow Group, which can be interpreted as a vote of confidence in the company's long-term prospects without providing new performance data.

Positives

• FMR LLC, a prominent institutional investor, maintains a significant 5.8% stake in Zillow Group Inc.'s Class A Common Stock, signaling continued institutional confidence.
• The filing explicitly states that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control, suggesting a passive, long-term investment intent.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Zillow Group Inc.'s future performance or operations.

Industry Context

StockSavvy.ai notes that significant institutional ownership by firms like FMR LLC can signal long-term confidence in a company's market position within the real estate technology sector, suggesting stability in its investor base.

Stakeholder Impact

• Shareholders may view the continued significant institutional ownership by FMR LLC as a positive signal of long-term confidence in Zillow Group Inc.'s value and strategic direction.

Key Dates

Recommendation

This Schedule 13G filing indicates a significant, stable institutional ownership stake by FMR LLC and Abigail P. Johnson in Zillow Group. While it doesn't provide new financial performance data, the continued presence of a major institutional investor suggests a 'hold' recommendation, as it implies ongoing confidence in the company's long-term value without presenting new catalysts for immediate buying or selling.

Keywords

Zillow Group, ZG, FMR LLC, Abigail P. Johnson, Schedule 13G, institutional ownership, Class A Common Stock, beneficial ownership, real estate technology