Zegna
64 hedge funds and large institutions have $397M invested in Zegna in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 26 closing their positions.
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
12% more funds holding
Funds holding: 57 → 64 (+7)
6% more capital invested
Capital invested by funds: $376M → $397M (+$20.8M)
1.16% more ownership
Funds ownership: 11.39% → 12.54% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$32.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$25.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.8M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$9.58M |
| 5 |
Millennium Management
New York
|
+$7.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$34.8M |
| 2 |
State Street
Boston,
Massachusetts
|
-$17.1M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$7.61M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$5.15M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.71M |
ZGN Hedge Fund Activity: Q2 2023 in Review
64 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q2 2023, worth a combined $397M — up 5.5% from $376M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new ZGN positions and 26 closed out — a net gain of 7 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $32.3M. The largest seller was BlackRock, cutting an estimated $34.8M.
- 64 institutional investors held Zegna (ZGN) as of Q2 2023, up from 57 in Q1 2023.
- Funds reported $397M of Zegna stock for Q2 2023, up 5.5% quarter-over-quarter.
- 33 funds opened new Zegna positions in Q2 2023 and 26 closed out, a net change of +7 holders.
- The largest Zegna buyer in Q2 2023 was Artisan Partners, an estimated $32.3M added.
- The largest Zegna seller in Q2 2023 was BlackRock, an estimated $34.8M sold.
Based on aggregated 13F filings for Q2 2023.