Zovio Inc. Common Stock
ZVO was delisted on the 9th of November, 2022.
43 hedge funds and large institutions have $31M invested in Zovio Inc. Common Stock in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 15 closing their positions.
12% less funds holding
Funds holding: 49 → 43 (-6)
25% less capital invested
Capital invested by funds: $41M → $31M (-$10.1M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$886K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$230K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$213K |
| 4 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$131K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$75.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1C
1060 Capital
Denver,
Colorado
|
-$1.21M |
| 2 |
PCM
Prelude Capital Management
New York
|
-$434K |
| 3 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$400K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$280K |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$278K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
51
Parallel Advisors
San Francisco,
California
| – | -$21K | -10,000 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$13K | -6,875 | Closed |
|
|
ASN
53
Advisory Services Network
Atlanta,
Georgia
| – | +$7 | +4 | New |
|
ZVO Hedge Fund Activity: Q1 2020 in Review
43 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Zovio Inc. Common Stock (ZVO) for Q1 2020, worth a combined $31M — down 25% from $41M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ZVO and 9 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 7 added.
The largest buyer was Heartland Advisors, adding an estimated $886K. The largest seller was 1060 Capital, exiting entirely with an estimated $1.21M sold.
- 43 institutional investors held Zovio Inc. Common Stock (ZVO) as of Q1 2020, down from 49 in Q4 2019.
- Funds reported $31M of Zovio Inc. Common Stock stock for Q1 2020, down 25% quarter-over-quarter.
- 9 funds opened new Zovio Inc. Common Stock positions in Q1 2020 and 15 closed out, a net change of -6 holders.
- The largest Zovio Inc. Common Stock buyer in Q1 2020 was Heartland Advisors, an estimated $886K added.
- The largest Zovio Inc. Common Stock seller in Q1 2020 was 1060 Capital, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2020.