Zegna
59 hedge funds and large institutions have $541M invested in Zegna in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 21 closing their positions.
0.88% more ownership
Funds ownership: 17.38% → 18.26% (+0.88%)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
15% less capital invested
Capital invested by funds: $636M → $541M (-$94.9M)
16% less funds holding
Funds holding: 70 → 59 (-11)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
51% less call options, than puts
Call options by funds: $86K | Put options by funds: $175K
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$59.8M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$15M |
| 3 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$9.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.47M |
| 5 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.7M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11.9M |
| 3 |
Goldman Sachs
New York
|
-$11.2M |
| 4 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$11M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOW
76
State of Wyoming
Cheyenne,
Wyoming
| – | -$241K | -16,472 | Closed |
|
|
XT
77
XTX Topco
George Town,
Cayman Islands
| – | -$240K | -16,380 | Closed |
|
78
Verition Fund Management
Greenwich,
Connecticut
| – | -$167K | -11,372 | Closed |
|
79
Mariner
Overland Park,
Kansas
| – | -$166K | -11,310 | Closed |
|
80
Point72 Asset Management
Stamford,
Connecticut
| – | -$51.3K | -3,500 | Closed |
|
ZGN Hedge Fund Activity: Q2 2024 in Review
59 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q2 2024, worth a combined $541M — down 15% from $636M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ZGN and 10 opened new positions — a net loss of 11 holders — while 19 trimmed existing stakes and 17 added.
The largest buyer was Capital Research Global Investors, adding an estimated $59.8M. The largest seller was Millennium Management, exiting entirely with an estimated $12.7M sold.
- 59 institutional investors held Zegna (ZGN) as of Q2 2024, down from 70 in Q1 2024.
- Funds reported $541M of Zegna stock for Q2 2024, down 15% quarter-over-quarter.
- 10 funds opened new Zegna positions in Q2 2024 and 21 closed out, a net change of -11 holders.
- The largest Zegna buyer in Q2 2024 was Capital Research Global Investors, an estimated $59.8M added.
- The largest Zegna seller in Q2 2024 was Millennium Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2024.