Zegna
70 hedge funds and large institutions have $636M invested in Zegna in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 13 closing their positions.
465% more call options, than puts
Call options by funds: $271K | Put options by funds: $48K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
45% more capital invested
Capital invested by funds: $439M → $636M (+$197M)
19% more funds holding
Funds holding: 59 → 70 (+11)
2.2% more ownership
Funds ownership: 15.18% → 17.38% (+2.2%)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$47.8M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$17.3M |
| 3 |
Goldman Sachs
New York
|
+$11M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.5M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$23.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.19M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.12M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$1.86M |
ZGN Hedge Fund Activity: Q1 2024 in Review
70 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q1 2024, worth a combined $636M — up 45% from $439M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ZGN positions and 13 closed out — a net gain of 11 holders — while 15 added to existing stakes and 23 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $47.8M. The largest seller was Morgan Stanley, cutting an estimated $24.5M.
- 70 institutional investors held Zegna (ZGN) as of Q1 2024, up from 59 in Q4 2023.
- Funds reported $636M of Zegna stock for Q1 2024, up 45% quarter-over-quarter.
- 24 funds opened new Zegna positions in Q1 2024 and 13 closed out, a net change of +11 holders.
- The largest Zegna buyer in Q1 2024 was Capital Research Global Investors, an estimated $47.8M added.
- The largest Zegna seller in Q1 2024 was Morgan Stanley, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2024.