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Arch Invest’s famed stock picker Cathy Wood recently sold nearly all remaining Zillow shares in her main fund, warning that the digital real estate platform’s recent struggles could be a sign of trouble ahead in the housing market.

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$60 billion (Asset) founder and CEO Arc Investments sold more than 31,000 shares of Zillow from its Arc Innovation ETF on Wednesday.

Just weeks after owning just over 7 million shares worth about $600 million at the start of the month, Zillow now has less than 1,000 shares in its flagship fund.

Wood initially bought down Zillow after the company’s weak quarterly earnings on November 3 — the day it reported the results, had added more than 200,000 shares to its core fund.

She has since been selling her major stake in the company, however, after announcing that it would be shutting down its home flipping business—known as ‘Offers’—due to the “unexpectations” of the housing market.

The innovation investor called Zillow’s decision to flip houses a “warning” on the housing market, and cited that caution as the main reason for its decision to sell the stock.

Shares of Zillow fell nearly 5% on Thursday to nearly $57 per share and are down more than 30% since the company’s quarterly earnings on Nov.

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