Zegna
125 hedge funds and large institutions have $685M invested in Zegna in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 20 closing their positions.
12% more capital invested
Capital invested by funds: $614M → $685M (+$71.2M)
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
0.8% more ownership
Funds ownership: 23.7% → 24.5% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
2% less funds holding
Funds holding: 128 → 125 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECSS
Eurizon Capital SGR SpA
Milan,
|
+$20.8M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$18.5M |
| 3 |
Amundi
Paris,
France
|
+$10.6M |
| 4 |
Walleye Capital
New York
|
+$6.54M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$6.92M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$3.12M |
| 4 |
M
MATAURO
New York
|
-$2.1M |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$1.16M |
ZGN Hedge Fund Activity: Q1 2026 in Review
125 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q1 2026, worth a combined $685M — up 12% from $614M a quarter earlier.
Fund positioning in ZGN was balanced in Q1 2026: 20 funds opened new positions, 20 closed out, 45 added to existing stakes and 41 trimmed.
The largest buyer was Eurizon Capital SGR SpA, opening a new position worth an estimated $20.8M. The largest seller was Millennium Management, cutting an estimated $12M.
- 125 institutional investors held Zegna (ZGN) as of Q1 2026, down from 128 in Q4 2025.
- Funds reported $685M of Zegna stock for Q1 2026, up 12% quarter-over-quarter.
- 20 funds opened new Zegna positions in Q1 2026 and 20 closed out, a net change of 0 holders.
- The largest Zegna buyer in Q1 2026 was Eurizon Capital SGR SpA, an estimated $20.8M added.
- The largest Zegna seller in Q1 2026 was Millennium Management, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2026.