Zedge
ZDGE
27 hedge funds and large institutions have $8.97M invested in Zedge in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
8% more capital invested
Capital invested by funds: $8.33M → $8.97M (+$639K)
2.82% less ownership
Funds ownership: 27.31% → 24.49% (-2.8%)
7% less funds holding
Funds holding: 29 → 27 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$307K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$77.5K |
| 3 |
BlackRock
New York
|
+$64.9K |
| 4 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$37.9K |
| 5 |
Renaissance Technologies
New York
|
+$16.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$1.11M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$268K |
| 3 |
Bank of New York Mellon
New York
|
-$36K |
| 4 |
KBG
Kahn Brothers Group
New York
|
-$2.26K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JGC
26
J. Goldman & Co
New York
| – | -$268K | -83,738 | Closed |
|
|
27
Bank of New York Mellon
New York
| – | -$36K | -11,233 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$1K | -206 | Closed |
|
ZDGE Hedge Fund Activity: Q2 2018 in Review
27 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q2 2018, worth a combined $8.97M — up 7.7% from $8.33M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ZDGE and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Old West Investment Management, adding an estimated $307K. The largest seller was Laurel Wealth Advisors (California), cutting an estimated $1.11M.
- 27 institutional investors held Zedge (ZDGE) as of Q2 2018, down from 29 in Q1 2018.
- Funds reported $8.97M of Zedge stock for Q2 2018, up 7.7% quarter-over-quarter.
- 2 funds opened new Zedge positions in Q2 2018 and 4 closed out, a net change of -2 holders.
- The largest Zedge buyer in Q2 2018 was Old West Investment Management, an estimated $307K added.
- The largest Zedge seller in Q2 2018 was Laurel Wealth Advisors (California), an estimated $1.11M sold.
Based on aggregated 13F filings for Q2 2018.