Ziff Davis
306 hedge funds and large institutions have $3.71B invested in Ziff Davis in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 92 increasing their positions, 130 reducing their positions, and 45 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
5% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $12.2M
3% less funds holding
Funds holding: 316 → 306 (-10)
4.25% less ownership
Funds ownership: 120.94% → 116.69% (-4.3%)
16% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 45
23% less capital invested
Capital invested by funds: $4.8B → $3.71B (-$1.1B)
29% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$30M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.5M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$16.1M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$14.7M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$96.6M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$21M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$20.3M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$18.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$17.8M |
ZD Hedge Fund Activity: Q1 2020 in Review
306 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Ziff Davis (ZD) for Q1 2020, worth a combined $3.71B — down 23% from $4.8B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of ZD and 38 opened new positions — a net loss of 7 holders — while 130 trimmed existing stakes and 92 added.
The largest buyer was Nordea Investment Management, adding an estimated $30M. The largest seller was Fidelity Investments, cutting an estimated $96.6M.
- 306 institutional investors held Ziff Davis (ZD) as of Q1 2020, down from 316 in Q4 2019.
- Funds reported $3.71B of Ziff Davis stock for Q1 2020, down 23% quarter-over-quarter.
- 38 funds opened new Ziff Davis positions in Q1 2020 and 45 closed out, a net change of -7 holders.
- The largest Ziff Davis buyer in Q1 2020 was Nordea Investment Management, an estimated $30M added.
- The largest Ziff Davis seller in Q1 2020 was Fidelity Investments, an estimated $96.6M sold.
Based on aggregated 13F filings for Q1 2020.