Zedge
ZDGE
33 hedge funds and large institutions have $20.5M invested in Zedge in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
419% more capital invested
Capital invested by funds: $3.95M → $20.5M (+$16.6M)
38% more funds holding
Funds holding: 24 → 33 (+9)
5.11% more ownership
Funds ownership: 23.18% → 28.29% (+5.1%)
42% less call options, than puts
Call options by funds: $190K | Put options by funds: $329K
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$882K |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$815K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$657K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$211K |
| 5 |
Two Sigma Investments
New York
|
+$92.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
-$635K |
| 2 |
KBG
Kahn Brothers Group
New York
|
-$71.3K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$43.9K |
| 4 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$29.6K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$17.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| $14K | +$8.09K | +2,354 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $12K | -$1.17K | -341 | -14% |
|
28
Morgan Stanley
New York
| $10K | -$2.65K | -772 | -33% |
|
29
UBS Group
Zurich,
Switzerland
| $3K | -$1.6K | -465 | -50% |
|
30
Wells Fargo
San Francisco,
California
| $2K | -$894 | -260 | -40% |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | – | – | – |
|
|
IRC
32
Investors Research Corp
Atlanta,
Georgia
| $1K | – | – | – |
|
33
Bank of New York Mellon
New York
| – | -$14K | -10,159 | Closed |
|
ZDGE Hedge Fund Activity: Q4 2020 in Review
33 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q4 2020, worth a combined $20.5M — up 419% from $3.95M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ZDGE positions and 2 closed out — a net gain of 9 holders — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $882K. The largest seller was Old West Investment Management, cutting an estimated $635K.
- 33 institutional investors held Zedge (ZDGE) as of Q4 2020, up from 24 in Q3 2020.
- Funds reported $20.5M of Zedge stock for Q4 2020, up 419% quarter-over-quarter.
- 11 funds opened new Zedge positions in Q4 2020 and 2 closed out, a net change of +9 holders.
- The largest Zedge buyer in Q4 2020 was Renaissance Technologies, an estimated $882K added.
- The largest Zedge seller in Q4 2020 was Old West Investment Management, an estimated $635K sold.
Based on aggregated 13F filings for Q4 2020.