Zegna
115 hedge funds and large institutions have $558M invested in Zegna in 2025 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 40 increasing their positions, 33 reducing their positions, and 12 closing their positions.
150% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 12
64% more capital invested
Capital invested by funds: $339M → $558M (+$218M)
21% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 33
19% more funds holding
Funds holding: 97 → 115 (+18)
7.6% more ownership
Funds ownership: 15.72% → 23.32% (+7.6%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Temasek Holdings
Singapore
|
+$126M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$30.9M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$20.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$4.66M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$8.13M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$7.4M |
| 3 |
AIM
Alpine Investment Management
Hong Kong
|
-$7.27M |
| 4 |
QM
QVIDTVM Management
The Woodlands,
Texas
|
-$3.74M |
| 5 |
Millennium Management
New York
|
-$3.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$940 | -110 | Closed |
|
|
NA
127
NewEdge Advisors
New Orleans,
Louisiana
| – | -$522 | -61 | Closed |
|
ZGN Hedge Fund Activity: Q3 2025 in Review
115 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q3 2025, worth a combined $558M — up 64% from $339M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ZGN positions and 12 closed out — a net gain of 18 holders — while 40 added to existing stakes and 33 trimmed.
The largest buyer was Temasek Holdings, adding an estimated $126M. The largest seller was Invesco, cutting an estimated $8.13M.
- 115 institutional investors held Zegna (ZGN) as of Q3 2025, up from 97 in Q2 2025.
- Funds reported $558M of Zegna stock for Q3 2025, up 64% quarter-over-quarter.
- 30 funds opened new Zegna positions in Q3 2025 and 12 closed out, a net change of +18 holders.
- The largest Zegna buyer in Q3 2025 was Temasek Holdings, an estimated $126M added.
- The largest Zegna seller in Q3 2025 was Invesco, an estimated $8.13M sold.
Based on aggregated 13F filings for Q3 2025.