Zedge
ZDGE
23 hedge funds and large institutions have $2.38M invested in Zedge in 2020 Q1 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
3.29% less ownership
Funds ownership: 26.5% → 23.21% (-3.3%)
8% less funds holding
Funds holding: 25 → 23 (-2)
41% less capital invested
Capital invested by funds: $4.03M → $2.38M (-$1.64M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$108K |
| 2 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$68.8K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$23.7K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$11.5K |
| 5 |
Renaissance Technologies
New York
|
+$10.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$46K |
| 2 |
GCM
Gunderson Capital Management
Mt. Pleasant,
South Carolina
|
-$25K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$24.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.19K |
| 5 |
KBG
Kahn Brothers Group
New York
|
-$1.88K |
ZDGE Hedge Fund Activity: Q1 2020 in Review
23 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Zedge (ZDGE) for Q1 2020, worth a combined $2.38M — down 41% from $4.03M 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 Coastal Bridge Advisors, opening a new position worth an estimated $108K. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $46K sold.
- 23 institutional investors held Zedge (ZDGE) as of Q1 2020, down from 25 in Q4 2019.
- Funds reported $2.38M of Zedge stock for Q1 2020, down 41% quarter-over-quarter.
- 2 funds opened new Zedge positions in Q1 2020 and 4 closed out, a net change of -2 holders.
- The largest Zedge buyer in Q1 2020 was Coastal Bridge Advisors, an estimated $108K added.
- The largest Zedge seller in Q1 2020 was Bank of New York Mellon, an estimated $46K sold.
Based on aggregated 13F filings for Q1 2020.