Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ERMENEGILDO ZEGNA N V (ZGN)

121 + Investors. Track Smart Money conviction in ZGN. See who's accumulating, reducing, or initiating positions.

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
6Q ▲
Buyers last Q
54%

Smart Money Signals — ZGN

Based on 120 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added ZGN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
120 hedge funds hold ZGN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +60% more funds vs a year ago

fund count last 6Q
+45 new funds entered over the past year (+60% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 54% buying

64 buying55 selling
Last quarter: 64 funds bought or added vs 55 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~25 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 27 → 37 → 28 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 30% long-term, 33% new

30% conviction (2yr+) 37% medium 33% new
Of the 120 current holders: 36 (30%) held >2 years, 44 held 1–2 years, and 40 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📊

Peak discovery — momentum slowing

26 → 27 → 37 → 28 → 25 new funds/Q
New funds entering each quarter: 27 → 37 → 28 → 25. ZGN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 52% of holders stayed 2+ years

52% veterans 10% 1-2yr 38% new
Of 121 current holders: 63 (52%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
25 of 120 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: ZGN

How many hedge funds hold ZGN — quarterly history vs. share price
Quarterly hedge fund ownership of ZGN vs. share price

Market Analysis: ZGN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZGN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 0 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: ZGN
2026 Q1 Stats Unlock in 13 days 121 + Investors

Track Smart Money conviction in ZGN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 121 111 9.01%
13F Shares 60M 59M 1.69%
Total Value $573M $520M 10.27%
New Positions 25 28 -3
Increased Positions 39 42 -3
Closed Positions 16 12 +4
Reduced Positions 40 31 +9
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ZGN

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

121 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ZGN. Verified SEC 13F-HR filings.

Top 23 institutional holders of ZGN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.52% 942,458 $9.8M
2 FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. 0.13% 354,608 $3.7M
3 Central Pacific Bank - Trust Division 0.04% 33,810 $352K
4 UBS Group AG 0.00% 1,444,079 $15.0M
5 NEW YORK STATE COMMON RETIREMENT FUND 0.00% 150,599 $1.6M
6 Police & Firemen's Retirement System of New Jersey 0.00% 17,323 $181K
7 State of Alaska, Department of Revenue 0.00% 13,578
8 Bank Julius Baer & Co. Ltd, Zurich 0.00% 35,000 $365K
9 Handelsbanken Fonder AB 0.00% 31,000
10 SBI Securities Co., Ltd. 0.00% 3,713 $39K
11 Savant Capital, LLC 0.00% 14,597 $152K
12 GAMMA Investing LLC 0.00% 1,015 $11K
13 SG Americas Securities, LLC 0.00% 32,423
14 ENVESTNET ASSET MANAGEMENT INC 0.00% 108,213 $1.1M
15 DEUTSCHE BANK AG\ 0.00% 63,633 $663K
16 SIGNATUREFD, LLC 0.00% 789 $8K
17 Sterling Capital Management LLC 0.00% 401 $4K
18 True Wealth Design, LLC 0.00% 23
19 Root Financial Partners, LLC 0.00% 62
20 NISA INVESTMENT ADVISORS, LLC 0.00% 137 $1K
21 IFP Advisors, Inc 0.00% 15
22 Farther Finance Advisors, LLC 0.00% 25
23 DUPONT CAPITAL MANAGEMENT CORP 0.00% 1
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ERMENEGILDO ZEGNA N V (ZGN)

What does the Smart Money Trend signal show for ZGN?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added ZGN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ZGN?

Slight buying edge — 54% buying: Last quarter: 64 funds bought or added vs 55 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ZGN holders?

Smaller funds dominant — 10% AUM from top-100: 25 of 120 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ZGN?

Mixed — 30% long-term, 33% new: Of the 120 current holders: 36 (30%) held >2 years, 44 held 1–2 years, and 40 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.