Ziff Davis
273 hedge funds and large institutions have $3.75B invested in Ziff Davis in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 115 increasing their positions, 91 reducing their positions, and 37 closing their positions.
760% more call options, than puts
Call options by funds: $46.3M | Put options by funds: $5.38M
26% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 91
1.11% more ownership
Funds ownership: 119.75% → 120.86% (+1.1%)
5% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 37
2% less funds holding
Funds holding: 279 → 273 (-6)
12% less capital invested
Capital invested by funds: $4.27B → $3.75B (-$516M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$37.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.5M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$18.1M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$60.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$33.6M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$12.5M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$9.95M |
| 5 |
Renaissance Technologies
New York
|
-$8.68M |
ZD Hedge Fund Activity: Q3 2017 in Review
273 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Ziff Davis (ZD) for Q3 2017, worth a combined $3.75B — down 12% from $4.27B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of ZD and 35 opened new positions — a net loss of 2 holders — while 91 trimmed existing stakes and 115 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $37.2M. The largest seller was Victory Capital Management, cutting an estimated $60.1M.
- 273 institutional investors held Ziff Davis (ZD) as of Q3 2017, down from 279 in Q2 2017.
- Funds reported $3.75B of Ziff Davis stock for Q3 2017, down 12% quarter-over-quarter.
- 35 funds opened new Ziff Davis positions in Q3 2017 and 37 closed out, a net change of -2 holders.
- The largest Ziff Davis buyer in Q3 2017 was Capital Research Global Investors, an estimated $37.2M added.
- The largest Ziff Davis seller in Q3 2017 was Victory Capital Management, an estimated $60.1M sold.
Based on aggregated 13F filings for Q3 2017.