Ziff Davis
214 hedge funds and large institutions have $2.59B invested in Ziff Davis in 2013 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 72 increasing their positions, 88 reducing their positions, and 10 closing their positions.
200% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 10
14% more capital invested
Capital invested by funds: $2.28B → $2.59B (+$312M)
10% more funds holding
Funds holding: 195 → 214 (+19)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 88
47% less call options, than puts
Call options by funds: $8.66M | Put options by funds: $16.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$42.4M |
| 2 |
O
OppenheimerFunds
New York
|
+$12.9M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.7M |
| 4 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$7.63M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$7.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$25.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.4M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$19.1M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$12.6M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$10.8M |
ZD Hedge Fund Activity: Q3 2013 in Review
214 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Ziff Davis (ZD) for Q3 2013, worth a combined $2.59B — up 14% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ZD positions and 10 closed out — a net gain of 20 holders — while 72 added to existing stakes and 88 trimmed.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $42.4M. The largest seller was Century Capital Management, cutting an estimated $25.6M.
- 214 institutional investors held Ziff Davis (ZD) as of Q3 2013, up from 195 in Q2 2013.
- Funds reported $2.59B of Ziff Davis stock for Q3 2013, up 14% quarter-over-quarter.
- 30 funds opened new Ziff Davis positions in Q3 2013 and 10 closed out, a net change of +20 holders.
- The largest Ziff Davis buyer in Q3 2013 was Neuberger Berman Group, an estimated $42.4M added.
- The largest Ziff Davis seller in Q3 2013 was Century Capital Management, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2013.