Ziff Davis
194 hedge funds and large institutions have $2.6B invested in Ziff Davis in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 85 increasing their positions, 77 reducing their positions, and 33 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 77
1% more capital invested
Capital invested by funds: $2.59B → $2.6B (+$13.5M)
9% less funds holding
Funds holding: 214 → 194 (-20)
17% less call options, than puts
Call options by funds: $7.07M | Put options by funds: $8.48M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
55% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$59.5M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$38.7M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$19.4M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$14.4M |
| 5 |
Neuberger Berman Group
New York
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.5M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$21.4M |
| 3 |
O
OppenheimerFunds
New York
|
-$12.9M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$10.9M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$7.89M |
ZD Hedge Fund Activity: Q4 2013 in Review
194 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Ziff Davis (ZD) for Q4 2013, worth a combined $2.6B — up 0.52% from $2.59B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ZD and 15 opened new positions — a net loss of 18 holders — while 77 trimmed existing stakes and 85 added.
The largest buyer was TimesSquare Capital Management, adding an estimated $59.5M. The largest seller was Fidelity Investments, cutting an estimated $54.5M.
- 194 institutional investors held Ziff Davis (ZD) as of Q4 2013, down from 214 in Q3 2013.
- Funds reported $2.6B of Ziff Davis stock for Q4 2013, up 0.52% quarter-over-quarter.
- 15 funds opened new Ziff Davis positions in Q4 2013 and 33 closed out, a net change of -18 holders.
- The largest Ziff Davis buyer in Q4 2013 was TimesSquare Capital Management, an estimated $59.5M added.
- The largest Ziff Davis seller in Q4 2013 was Fidelity Investments, an estimated $54.5M sold.
Based on aggregated 13F filings for Q4 2013.