ZALE CORPORATION
ZLC
ZLC was delisted on the 29th of May, 2014.
127 hedge funds and large institutions have $716M invested in ZALE CORPORATION in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 33 increasing their positions, 42 reducing their positions, and 44 closing their positions.
69% more capital invested
Capital invested by funds: $423M → $716M (+$293M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less funds holding
Funds holding: 128 → 127 (-1)
2% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 44
21% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 42
70% less call options, than puts
Call options by funds: $9.22M | Put options by funds: $31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
+$56.5M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$35.4M |
| 3 |
Barclays
London,
United Kingdom
|
+$31.9M |
| 4 |
CM
Corvex Management
New York
|
+$28.5M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$29.5M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$21.4M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$16.7M |
| 4 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
-$15.9M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$15.5M |
ZLC Hedge Fund Activity: Q1 2014 in Review
127 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in ZALE CORPORATION (ZLC) for Q1 2014, worth a combined $716M — up 69% from $423M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of ZLC and 43 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 33 added.
The largest buyer was TIG Advisors LLC, opening a new position worth an estimated $56.5M. The largest seller was Ameriprise, cutting an estimated $29.5M.
- 127 institutional investors held ZALE CORPORATION (ZLC) as of Q1 2014, down from 128 in Q4 2013.
- Funds reported $716M of ZALE CORPORATION stock for Q1 2014, up 69% quarter-over-quarter.
- 43 funds opened new ZALE CORPORATION positions in Q1 2014 and 44 closed out, a net change of -1 holder.
- The largest ZALE CORPORATION buyer in Q1 2014 was TIG Advisors LLC, an estimated $56.5M added.
- The largest ZALE CORPORATION seller in Q1 2014 was Ameriprise, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2014.