Zegna
57 hedge funds and large institutions have $376M invested in Zegna in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 7 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
45% more capital invested
Capital invested by funds: $260M → $376M (+$117M)
10% more funds holding
Funds holding: 52 → 57 (+5)
1.19% more ownership
Funds ownership: 10.2% → 11.39% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.1M |
| 2 |
HAM
Honeycomb Asset Management
New York
|
+$6.18M |
| 3 |
BlackRock
New York
|
+$4.21M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.04M |
| 5 |
Goldman Sachs
New York
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$1.49M |
| 2 |
Amundi
Paris,
France
|
-$1.02M |
| 3 |
D.E. Shaw & Co
New York
|
-$301K |
| 4 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
-$257K |
| 5 |
Millennium Management
New York
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $14.1K | +$7.72K | +625 | +152% |
|
|
EI
52
Ellevest Inc
New York
| $11.9K | -$13.5K | -1,096 | -56% |
|
53
Fidelity Investments
Boston,
Massachusetts
| $8.82K | +$4.93K | +399 | +161% |
|
54
Allspring Global Investments
Charlotte,
North Carolina
| $1.28K | +$1.16K | +94 | New |
|
55
Nisa Investment Advisors
St. Louis,
Missouri
| $1K | – | – | – |
|
|
DCM
56
Dupont Capital Management
Wilmington,
Delaware
| $14 | – | – | – |
|
|
OQS
57
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$257K | -24,499 | Closed |
|
|
58
Millennium Management
New York
| – | -$208K | -19,870 | Closed |
|
|
EGM
59
Engineers Gate Manager
New York
| – | -$170K | -16,259 | Closed |
|
|
SSA
60
Schonfeld Strategic Advisors
New York
| – | -$130K | -12,400 | Closed |
|
61
American Century Companies
Kansas City,
Missouri
| – | -$111K | -10,626 | Closed |
|
|
MLICM
62
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$40K | -3,820 | Closed |
|
|
CS
63
Credit Suisse
Zurich,
Switzerland
| – | -$21 | -2 | Closed |
|
ZGN Hedge Fund Activity: Q1 2023 in Review
57 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q1 2023, worth a combined $376M — up 45% from $260M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ZGN positions and 7 closed out — a net gain of 5 holders — while 24 added to existing stakes and 11 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $15.1M. The largest seller was State Street, cutting an estimated $1.49M.
- 57 institutional investors held Zegna (ZGN) as of Q1 2023, up from 52 in Q4 2022.
- Funds reported $376M of Zegna stock for Q1 2023, up 45% quarter-over-quarter.
- 12 funds opened new Zegna positions in Q1 2023 and 7 closed out, a net change of +5 holders.
- The largest Zegna buyer in Q1 2023 was T. Rowe Price Associates, an estimated $15.1M added.
- The largest Zegna seller in Q1 2023 was State Street, an estimated $1.49M sold.
Based on aggregated 13F filings for Q1 2023.