ZALE CORPORATION
ZLC
ZLC was delisted on the 29th of May, 2014.
124 hedge funds and large institutions have $371M invested in ZALE CORPORATION in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 8 closing their positions.
300% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 8
158% more call options, than puts
Call options by funds: $7.1M | Put options by funds: $2.75M
87% more capital invested
Capital invested by funds: $198M → $371M (+$173M)
20% more funds holding
Funds holding: 103 → 124 (+21)
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$14.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.91M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.38M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.39M |
| 5 |
MCG
Meru Capital Group
New York
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.32M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.4M |
| 3 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
-$3.03M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$3.01M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$2.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KAM
126
Keeley Asset Management
Chicago,
Illinois
| – | -$637K | -70,000 | Closed |
|
|
HM
127
Harvest Management
New York
| – | -$455K | -50,000 | Closed |
|
128
D.E. Shaw & Co
New York
| – | -$440K | -48,309 | Closed |
|
|
BGIM
129
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$341K | -37,400 | Closed |
|
|
N
130
Natixis
Paris,
France
| – | -$147K | -16,200 | Closed |
|
131
BNP Paribas Financial Markets
Paris,
France
| – | -$123K | -13,485 | Closed |
|
132
KBC Group
Brussels,
Belgium
| – | -$9K | -1,029 | Closed |
|
ZLC Hedge Fund Activity: Q3 2013 in Review
124 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in ZALE CORPORATION (ZLC) for Q3 2013, worth a combined $371M — up 87% from $198M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ZLC positions and 8 closed out — a net gain of 24 holders — while 45 added to existing stakes and 38 trimmed.
The largest buyer was Ameriprise, adding an estimated $14.3M. The largest seller was Oxford Asset Management, exiting entirely with an estimated $4.32M sold.
- 124 institutional investors held ZALE CORPORATION (ZLC) as of Q3 2013, up from 103 in Q2 2013.
- Funds reported $371M of ZALE CORPORATION stock for Q3 2013, up 87% quarter-over-quarter.
- 32 funds opened new ZALE CORPORATION positions in Q3 2013 and 8 closed out, a net change of +24 holders.
- The largest ZALE CORPORATION buyer in Q3 2013 was Ameriprise, an estimated $14.3M added.
- The largest ZALE CORPORATION seller in Q3 2013 was Oxford Asset Management, an estimated $4.32M sold.
Based on aggregated 13F filings for Q3 2013.