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47 hedge funds and large institutions have $9.3M invested in Zedge in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 22 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.26% more ownership

Funds ownership: 30.68%30.94% (+0.26%)

25% less capital invested

Capital invested by funds: $12.3M → $9.3M (-$3.05M)

34% less funds holding

Funds holding: 7147 (-24)

59% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 22

86% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 28

Holders
47
Holders Change
-24
Holders Change %
-33.8%
% of All Funds
1.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
9
Reduced
22
Closed
28
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAM
26
Panagora Asset Management
Massachusetts
$39K +$16.4K +3,856 +50%
VRS
27
Virginia Retirement Systems
Virginia
$37K -$852 -200 -2%
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$34K -$3.83K -900 -8%
Citigroup
29
Citigroup
New York
$25K +$15.1K +3,536 +93%
LSV Asset Management
30
LSV Asset Management
Illinois
$23K -$179K -42,002 -86%
TRCT
31
Tower Research Capital (TRC)
New York
$23K -$4.19K -983 -13%
BG
32
BlackRock Group
United Kingdom
$16K -$2.2K -516 -10%
BA
33
BlackRock Advisors
Delaware
$14K +$13K +3,063 +309%
QI
34
QS Investors
New York
$6K -$93.7K -21,995 -93%
BIM
35
BlackRock Investment Management
Delaware
$5K +$1.86K +438 +49%
Deutsche Bank
36
Deutsche Bank
Germany
$4K -$55K -12,927 -90%
TDC
37
Thompson Davis & Co
Virginia
$3K +$4.26K +1,000 New
UBS Group
38
UBS Group
Switzerland
$2K -$494 -116 -14%
Bank of America
39
Bank of America
North Carolina
$1K -$38.2K -8,980 -96%
AG
40
Advisor Group
Arizona
$1K
Wells Fargo
41
Wells Fargo
California
$1K
American Century Companies
42
American Century Companies
Missouri
-$334K -72,834 Closed
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
-$249K -54,323 Closed
MCM
44
Matarin Capital Management
New York
-$141K -30,781 Closed
AQR Capital Management
45
AQR Capital Management
Connecticut
-$112K -24,408 Closed
AI
46
Analytic Investors
California
-$101K -21,981 Closed
PP
47
Paloma Partners
Connecticut
-$94K -20,560 Closed
CIA
48
Capital Impact Advisors
Massachusetts
-$91K -19,825 Closed
Wellington Management Group
49
Wellington Management Group
Massachusetts
-$90K -19,566 Closed
HW
50
Hancock Whitney
Mississippi
-$79K -17,237 Closed

ZDGE Hedge Fund Activity: Q3 2016 in Review

47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q3 2016, worth a combined $9.3M — down 25% from $12.3M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of ZDGE and 4 opened new positions — a net loss of 24 holders — while 22 trimmed existing stakes and 9 added.

The largest buyer was Laurel Wealth Advisors (California), opening a new position worth an estimated $1.45M. The largest seller was Renaissance Technologies, cutting an estimated $405K.

  • 47 institutional investors held Zedge (ZDGE) as of Q3 2016, down from 71 in Q2 2016.
  • Funds reported $9.3M of Zedge stock for Q3 2016, down 25% quarter-over-quarter.
  • 4 funds opened new Zedge positions in Q3 2016 and 28 closed out, a net change of -24 holders.
  • The largest Zedge buyer in Q3 2016 was Laurel Wealth Advisors (California), an estimated $1.45M added.
  • The largest Zedge seller in Q3 2016 was Renaissance Technologies, an estimated $405K sold.

Based on aggregated 13F filings for Q3 2016.