Zoe's Kitchen, Inc.
ZOES
ZOES was delisted on the 20th of November, 2018.
89 hedge funds and large institutions have $274M invested in Zoe's Kitchen, Inc. in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 31 reducing their positions, and 15 closing their positions.
4% less funds holding
Funds holding: 93 → 89 (-4)
14% less capital invested
Capital invested by funds: $318M → $274M (-$43.7M)
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
34% less call options, than puts
Call options by funds: $3.63M | Put options by funds: $5.46M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$7.6M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$7.12M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$6.49M |
| 4 |
Renaissance Technologies
New York
|
+$2.3M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$13.7M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$9.59M |
| 3 |
Bank of New York Mellon
New York
|
-$4.5M |
| 4 |
Two Sigma Investments
New York
|
-$2.06M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -25 | Closed |
|
ZOES Hedge Fund Activity: Q1 2018 in Review
89 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Zoe's Kitchen, Inc. (ZOES) for Q1 2018, worth a combined $274M — down 14% from $318M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ZOES and 11 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 24 added.
The largest buyer was Emerald Advisers, opening a new position worth an estimated $7.6M. The largest seller was Legion Partners Asset Management, exiting entirely with an estimated $13.7M sold.
- 89 institutional investors held Zoe's Kitchen, Inc. (ZOES) as of Q1 2018, down from 93 in Q4 2017.
- Funds reported $274M of Zoe's Kitchen, Inc. stock for Q1 2018, down 14% quarter-over-quarter.
- 11 funds opened new Zoe's Kitchen, Inc. positions in Q1 2018 and 15 closed out, a net change of -4 holders.
- The largest Zoe's Kitchen, Inc. buyer in Q1 2018 was Emerald Advisers, an estimated $7.6M added.
- The largest Zoe's Kitchen, Inc. seller in Q1 2018 was Legion Partners Asset Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2018.