Zegna
59 hedge funds and large institutions have $439M invested in Zegna in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 15 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
4% more funds holding
Funds holding: 57 → 59 (+2)
0.41% more ownership
Funds ownership: 14.77% → 15.18% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less capital invested
Capital invested by funds: $513M → $439M (-$74.4M)
82% less call options, than puts
Call options by funds: $56K | Put options by funds: $314K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.1M |
| 2 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$7.52M |
| 3 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$4.29M |
| 4 |
Two Sigma Investments
New York
|
+$3.8M |
| 5 |
Two Sigma Advisers
New York
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$24.1M |
| 2 |
HMCP
Hook Mill Capital Partners
New York
|
-$3.44M |
| 3 |
Jane Street
New York
|
-$3.01M |
| 4 |
BlackRock
New York
|
-$2.66M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$1.48M |
ZGN Hedge Fund Activity: Q4 2023 in Review
59 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q4 2023, worth a combined $439M — down 15% from $513M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ZGN positions and 15 closed out — a net gain of 2 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.1M. The largest seller was Invesco, cutting an estimated $24.1M.
- 59 institutional investors held Zegna (ZGN) as of Q4 2023, up from 57 in Q3 2023.
- Funds reported $439M of Zegna stock for Q4 2023, down 15% quarter-over-quarter.
- 17 funds opened new Zegna positions in Q4 2023 and 15 closed out, a net change of +2 holders.
- The largest Zegna buyer in Q4 2023 was Morgan Stanley, an estimated $18.1M added.
- The largest Zegna seller in Q4 2023 was Invesco, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2023.