Zedge
ZDGE
47 hedge funds and large institutions have $9.3M invested in Zedge in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 22 reducing their positions, and 28 closing their positions.
0.26% more ownership
Funds ownership: 30.68% → 30.94% (+0.26%)
25% less capital invested
Capital invested by funds: $12.3M → $9.3M (-$3.05M)
34% less funds holding
Funds holding: 71 → 47 (-24)
59% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 22
86% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$1.45M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$854K |
| 3 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$639K |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$102K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$16.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$405K |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$334K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$274K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$249K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$179K |
ZDGE Hedge Fund Activity: Q3 2016 in Review
47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q3 2016, worth a combined $9.3M — down 25% from $12.3M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ZDGE and 4 opened new positions — a net loss of 24 holders — while 22 trimmed existing stakes and 9 added.
The largest buyer was Laurel Wealth Advisors (California), opening a new position worth an estimated $1.45M. The largest seller was Renaissance Technologies, cutting an estimated $405K.
- 47 institutional investors held Zedge (ZDGE) as of Q3 2016, down from 71 in Q2 2016.
- Funds reported $9.3M of Zedge stock for Q3 2016, down 25% quarter-over-quarter.
- 4 funds opened new Zedge positions in Q3 2016 and 28 closed out, a net change of -24 holders.
- The largest Zedge buyer in Q3 2016 was Laurel Wealth Advisors (California), an estimated $1.45M added.
- The largest Zedge seller in Q3 2016 was Renaissance Technologies, an estimated $405K sold.
Based on aggregated 13F filings for Q3 2016.