Caledonia (Private) Investments Pty Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Caledonia (Private) Investments Pty Ltd reported 16 stock positions worth $6.1 billion. Its top holding was Zillow Class C (Z) at 34.6% of the portfolio, followed by Flutter Entertainment PLC-Di (FLUT, 32.1%) and Zillow Class A (ZG, 14.1%). Compared with Q4 2024, it opened 3 new positions and reduced 10. The biggest buy was a new position in Cameco (CCJ) and the biggest sale Flutter Entertainment PLC-Di (FLUT, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- Sydney Nsw, C3
- CIK
- 0001352924
- Portfolio Value
- $6.1B (Q1 2025)
- SEC Filing
- 0001172661-25-002348 ↗ filed May 15, 2025
Holdings Value
Holdings 16 stocks · $6.1B
| Z Zillow Group Inc. Class C | 34.65% | 31,034,079 | $2.1B | Reduce -13.4% |
| FLUT Flutter Entertainment PLC-Di | 32.07% | 8,887,965 | $2.0B | Reduce -18.3% |
| ZG Zillow Group Inc. Class A | 14.07% | 12,921,635 | $863.9M | Reduce -9.6% |
| LNWO Light & Wonder Inc. | 3.66% | 2,591,796 | $224.5M | Reduce -5.3% |
| CCJ Cameco Corp. | 3.04% | 4,529,780 | $186.4M | New |
| FWONK Liberty Media Corp. Class C | 2.87% | 1,959,681 | $176.4M | Reduce -32.7% |
| RPRX Royalty Pharma PLC Class A | 2.59% | 5,114,567 | $159.2M | New |
| GENI Genius Sports Ltd. | 2.45% | 15,020,277 | $150.4M | Reduce -18.2% |
| UDMY Udemy Inc. | 1.41% | 11,179,565 | $86.8M | Reduce -3.4% |
| WMG Warner Music Group Corp. Class A | 1.10% | 2,147,678 | $67.3M | Reduce -33.0% |
| COUR Coursera Inc. | 0.86% | 7,924,641 | $52.8M | Reduce -1.3% |
| TRUE Truecar Inc. | 0.46% | 17,758,146 | $28.1M | No change |
| RKT Rocket Cos Inc. Class A | 0.39% | 2,004,152 | $24.2M | New |
| CME Cme Group Inc. | 0.29% | 66,160 | $17.6M | No change |
| AMWL American Well Corp. Class A | 0.10% | 810,268 | $6.4M | Reduce -3.7% |
| WFC Wells Fargo & Co. | 0.00% | 3,198 | $230K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| FLUT Flutter Entertainment PLC-Di | Reduce -18.3% | 32.07% | −5.47 |
| Z Zillow Group Inc. Class C | Reduce -13.4% | 34.65% | −0.75 |
| FWONK Liberty Media Corp. Class C | Reduce -32.7% | 2.87% | −0.73 |
| WMG Warner Music Group Corp. Class A | Reduce -33.0% | 1.10% | −0.23 |
| COUR Coursera Inc. | Reduce -1.3% | 0.86% | −0.05 |
| AMWL American Well Corp. Class A | Reduce -3.7% | 0.10% | +0.02 |
| UDMY Udemy Inc. | Reduce -3.4% | 1.41% | +0.14 |
| GENI Genius Sports Ltd. | Reduce -18.2% | 2.45% | +0.33 |
| LNWO Light & Wonder Inc. | Reduce -5.3% | 3.66% | +0.50 |
| ZG Zillow Group Inc. Class A | Reduce -9.6% | 14.07% | +0.56 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $2.9B | FLUT, Z, ZG, RPRX, CCJ |
| Q1 2026 | 16 | $3.4B | Z, FLUT, ZG, CCJ, RPRX |
| Q4 2025 | 16 | $5.2B | Z, FLUT, ZG, CCJ, RPRX |
| Q3 2025 | 16 | $6.2B | Z, FLUT, ZG, CCJ, RPRX |
| Q2 2025 | 15 | $6.3B | FLUT, Z, ZG, CCJ, RPRX |
| Q1 2025 | 16 | $6.1B | Z, FLUT, ZG, LNWO, CCJ |
| Q4 2024 | 13 | $7.5B | FLUT, Z, ZG, FWONK, LNWO |
| Q3 2024 | 11 | $6.9B | FLUT, Z, ZG, FWONK, LNWO |
| Q2 2024 | 11 | $5.5B | FLUT, Z, ZG, FWONK, LNWO |
| Q1 2024 | 11 | $3.9B | Z, ZG, FWONK, LNWO, WMG |