Zedge
ZDGE
39 hedge funds and large institutions have $9.07M invested in Zedge in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 5 closing their positions.
5% more capital invested
Capital invested by funds: $8.65M → $9.07M (+$424K)
2.22% less ownership
Funds ownership: 31.17% → 28.95% (-2.2%)
15% less funds holding
Funds holding: 46 → 39 (-7)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$997K |
| 2 |
BlackRock
New York
|
+$403K |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
+$229K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$41.9K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$27.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$626K |
| 2 |
Morgan Stanley
New York
|
-$411K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$171K |
| 4 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$133K |
| 5 |
Renaissance Technologies
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $30K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $13K | -$5.08K | -1,535 | -27% |
|
|
QI
28
QS Investors
New York
| $1K | -$4.86K | -1,468 | -86% |
|
29
Bank of America
Charlotte,
North Carolina
| $1K | -$497 | -150 | -27% |
|
30
Wells Fargo
San Francisco,
California
| $1K | -$219 | -66 | -15% |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
32
JP Morgan Chase
New York
| $1K | +$712 | +215 | New |
|
33
BNP Paribas Financial Markets
Paris,
France
| $286 | -$374 | -113 | -55% |
|
|
NRCM
34
Northern Right Capital Management
Darien,
Connecticut
| – | -$626K | -200,000 | Closed |
|
|
CL
35
CSS LLC
Chicago,
Illinois
| – | -$65K | -20,896 | Closed |
|
36
Invesco
Atlanta,
Georgia
| – | -$47K | -15,077 | Closed |
|
37
LSV Asset Management
Chicago,
Illinois
| – | -$16K | -5,367 | Closed |
|
|
AIM
38
Acrospire Investment Management
Chicago,
Illinois
| – | -$5K | -1,675 | Closed |
|
39
Creative Planning
Overland Park,
Kansas
| – | -$331 | -100 | -69% |
|
40
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$861 | +260 | +464% |
|
ZDGE Hedge Fund Activity: Q1 2017 in Review
39 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q1 2017, worth a combined $9.07M — up 4.9% from $8.65M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ZDGE and 4 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 8 added.
The largest buyer was Old West Investment Management, adding an estimated $997K. The largest seller was Northern Right Capital Management, exiting entirely with an estimated $626K sold.
- 39 institutional investors held Zedge (ZDGE) as of Q1 2017, down from 46 in Q4 2016.
- Funds reported $9.07M of Zedge stock for Q1 2017, up 4.9% quarter-over-quarter.
- 4 funds opened new Zedge positions in Q1 2017 and 5 closed out, a net change of -1 holder.
- The largest Zedge buyer in Q1 2017 was Old West Investment Management, an estimated $997K added.
- The largest Zedge seller in Q1 2017 was Northern Right Capital Management, an estimated $626K sold.
Based on aggregated 13F filings for Q1 2017.