Zedge
ZDGE
29 hedge funds and large institutions have $8.33M invested in Zedge in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
33% more capital invested
Capital invested by funds: $6.24M → $8.33M (+$2.09M)
7% more funds holding
Funds holding: 27 → 29 (+2)
3.27% more ownership
Funds ownership: 24.04% → 27.31% (+3.3%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$940K |
| 2 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$592K |
| 3 |
Bank of New York Mellon
New York
|
+$35.5K |
| 4 |
Renaissance Technologies
New York
|
+$15.5K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$305K |
| 2 |
Morgan Stanley
New York
|
-$37.8K |
| 3 |
BlackRock
New York
|
-$11.2K |
| 4 |
Citigroup
New York
|
-$6.32K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$4.88K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
26
QS Investors
New York
| – | -$1K | -233 | Closed |
|
|
GI
27
Gradient Investments
Arden Hills,
Minnesota
| – | +$104 | +33 | New |
|
28
Barclays
London,
United Kingdom
| – | +$145 | +46 | New |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$679 | +215 | +384% |
|
ZDGE Hedge Fund Activity: Q1 2018 in Review
29 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q1 2018, worth a combined $8.33M — up 33% from $6.24M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ZDGE positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Old West Investment Management, adding an estimated $940K. The largest seller was J. Goldman & Co, cutting an estimated $305K.
- 29 institutional investors held Zedge (ZDGE) as of Q1 2018, up from 27 in Q4 2017.
- Funds reported $8.33M of Zedge stock for Q1 2018, up 33% quarter-over-quarter.
- 4 funds opened new Zedge positions in Q1 2018 and 1 closed out, a net change of +3 holders.
- The largest Zedge buyer in Q1 2018 was Old West Investment Management, an estimated $940K added.
- The largest Zedge seller in Q1 2018 was J. Goldman & Co, an estimated $305K sold.
Based on aggregated 13F filings for Q1 2018.