Zedge
ZDGE
30 hedge funds and large institutions have $5.04M invested in Zedge in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 10 closing their positions.
3.92% less ownership
Funds ownership: 28.95% → 25.03% (-3.9%)
23% less funds holding
Funds holding: 39 → 30 (-9)
44% less capital invested
Capital invested by funds: $9.07M → $5.04M (-$4.03M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$166K |
| 2 |
AZA
Arthur Zaske & Associates
Bingham Farms,
Michigan
|
+$41.9K |
| 3 |
Renaissance Technologies
New York
|
+$5.06K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.88K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$1.18M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$354K |
| 3 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$163K |
| 4 |
Morgan Stanley
New York
|
-$115K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$66K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $1K | +$1.2K | +425 | +988% |
|
|
27
Acadian Asset Management
Boston,
Massachusetts
| – | -$354K | -115,297 | Closed |
|
|
28
Credit Agricole
Montrouge Cedex,
France
| – | -$1.18M | -69,253 | Closed |
|
|
PPA
29
Parametric Portfolio Associates
Seattle,
Washington
| – | -$66K | -21,536 | Closed |
|
30
Millennium Management
New York
| – | -$44K | -14,433 | Closed |
|
31
Russell Investments Group
London,
United Kingdom
| – | -$44K | -14,333 | Closed |
|
32
Citadel Advisors
Miami,
Florida
| – | -$39K | -12,666 | Closed |
|
|
PAM
33
Panagora Asset Management
Boston,
Massachusetts
| – | -$35K | -11,516 | Closed |
|
|
VRS
34
Virginia Retirement Systems
Richmond,
Virginia
| – | -$33K | -10,766 | Closed |
|
35
BNP Paribas Financial Markets
Paris,
France
| – | -$286 | -93 | Closed |
|
ZDGE Hedge Fund Activity: Q2 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q2 2017, worth a combined $5.04M — down 44% from $9.07M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ZDGE and 1 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 6 added.
The largest buyer was Old West Investment Management, adding an estimated $166K. The largest seller was Credit Agricole, exiting entirely with an estimated $1.18M sold.
- 30 institutional investors held Zedge (ZDGE) as of Q2 2017, down from 39 in Q1 2017.
- Funds reported $5.04M of Zedge stock for Q2 2017, down 44% quarter-over-quarter.
- 1 fund opened new Zedge positions in Q2 2017 and 10 closed out, a net change of -9 holders.
- The largest Zedge buyer in Q2 2017 was Old West Investment Management, an estimated $166K added.
- The largest Zedge seller in Q2 2017 was Credit Agricole, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2017.