ZALE CORPORATION
ZLC
ZLC was delisted on the 29th of May, 2014.
128 hedge funds and large institutions have $423M invested in ZALE CORPORATION in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 25 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
14% more capital invested
Capital invested by funds: $371M → $423M (+$51.8M)
3% more funds holding
Funds holding: 124 → 128 (+4)
27% less call options, than puts
Call options by funds: $4.12M | Put options by funds: $5.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$20.3M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$16M |
| 3 |
State Street
Boston,
Massachusetts
|
+$12M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$7.31M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$7.1M |
| 2 |
Neuberger Berman Group
New York
|
-$6.93M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$6.88M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.71M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWNA
151
Marshall Wace North America
New York
| – | -$106K | -6,980 | Closed |
|
152
Parallax Volatility Advisers
San Francisco,
California
| – | -$17K | -1,122 | Closed |
|
153
Wells Fargo
San Francisco,
California
| – | -$4K | -233 | Closed |
|
ZLC Hedge Fund Activity: Q4 2013 in Review
128 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in ZALE CORPORATION (ZLC) for Q4 2013, worth a combined $423M — up 14% from $371M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ZLC positions and 25 closed out — a net gain of 4 holders — while 50 added to existing stakes and 37 trimmed.
The largest buyer was Hodges Capital Management, adding an estimated $20.3M. The largest seller was Fuller & Thaler Asset Management, exiting entirely with an estimated $7.1M sold.
- 128 institutional investors held ZALE CORPORATION (ZLC) as of Q4 2013, up from 124 in Q3 2013.
- Funds reported $423M of ZALE CORPORATION stock for Q4 2013, up 14% quarter-over-quarter.
- 29 funds opened new ZALE CORPORATION positions in Q4 2013 and 25 closed out, a net change of +4 holders.
- The largest ZALE CORPORATION buyer in Q4 2013 was Hodges Capital Management, an estimated $20.3M added.
- The largest ZALE CORPORATION seller in Q4 2013 was Fuller & Thaler Asset Management, an estimated $7.1M sold.
Based on aggregated 13F filings for Q4 2013.