News Summary
PositiveCompass delivered record Q2 revenue of $4.3B and raised FY26 guidance, driving a 5%+ stock rally and a UBS price-target upgrade to $17. However, non-GAAP EPS missed consensus by 50%, and an intensifying Zillow lawsuit over listing practices poses regulatory and reputational risk.
Red flags
- •Non-GAAP EPS missed analyst estimate by 50% ($0.11 vs. $0.22 consensus)
- •Ongoing Zillow litigation alleging conspiracy to restrict competition and hide listings from buyers
- •CEO public commentary acknowledges housing market softness with elevated price-cut share among listings
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| D1 Capital | Dan Sundheim | 15.2M | +15.2M | $188M | 0.5% | — | NEW |
| Maverick Capital | Lee Ainslie | 5.9M | +740K | $73M | 0.7% | +14% | Existing |
| Point72 | Steve Cohen | 877K | +877K | $11M | <0.1% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where COMP ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
position #29 of this fund's book
- 26CAPITAL ONE FINL CORP$219M
- 27LINEAGE INC$205M
- 28MARTIN MARIETTA MATLS INC$199M
- 29COMPASS INC$188M
- 30COUPANG INC$179M
- 31LINDE PLC$177M
- 32TESLA INC$169M
position #40 of this fund's book
- 37MIRION TECHNOLOGIES INC$94M
- 38VAXCYTE INC$94M
- 39NOVO-NORDISK A S$79M
- 40COMPASS INC$73M
Values are quarter-end position sizes. Shown only for funds where COMP ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Insider Activity
Beneficial Ownership (13D/13G)
| Filer | Form | Shares | % of Class | Filed | Src |
|---|---|---|---|---|---|
| Vanguard Capital Management | SC 13G | 37.6M | 5.0% | 2026-07-31 | ↗ |
| BlackRock, Inc. | SC 13G/A | 52.5M | 7.0% | 2026-07-27 | ↗ |
| FMR LLC | SC 13G/A | 107.4M | 14.5% | 2026-05-06 | ↗ |
| Vanguard Portfolio Management | SC 13G | 60.5M | 8.2% | 2026-04-29 | ↗ |
SC 13D = active intent to influence control (10-day filing deadline after crossing 5%). SC 13G = passive accumulation, no intent to influence control.