Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ZOGENIX INC (ZGNX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
1Q ▲
Buyers last Q
47%

Smart Money Signals — ZGNX

Based on 137 hedge funds · latest filing: 2021 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ZGNX 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.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
137 funds currently hold this stock — 91% of the 3.0-year high of 151 funds (reached 2020 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding ZGNX is almost the same as a year ago (-4 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 47% buying

62 buying70 selling
Last quarter: 70 funds reduced or exited vs 62 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new ZGNX position: 17 → 16 → 14 → 24. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📈

Growing discovery — still being found

23 → 17 → 16 → 14 → 24 new funds/Q
New funds entering each quarter: 17 → 16 → 14 → 24. A growing number of institutions are discovering ZGNX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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: ZGNX

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

Market Analysis: ZGNX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZGNX

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: ZGNX
2026 Q1 Stats Unlock in 21 days 0 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 0 0 -
13F Shares 0 0 -
Total Value $0 $0 -
New Positions 0 0 -
Increased Positions 0 0 -
Closed Positions 0 0 -
Reduced Positions 0 0 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ZGNX

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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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)

0 + investors

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

Top 25 institutional holders of ZGNX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fairmount Funds Management LLC 13.40% 2,502,259 $40.7M
2 Atle Fund Management AB 4.47% 195,000 $3.2M
3 CADIAN CAPITAL MANAGEMENT, LP 3.65% 4,090,846 $66.5M
4 Prosight Management, LP 3.53% 362,909 $5.9M
5 SCOPIA CAPITAL MANAGEMENT LP 1.97% 1,284,705 $20.9M
6 Kynam Capital Management, LP 1.79% 205,800 $3.3M
7 Ikarian Capital, LLC 1.43% 590,400 $9.6M
8 Western Standard LLC 1.39% 160,656 $2.6M
9 RA CAPITAL MANAGEMENT, L.P. 0.96% 3,333,700 $54.2M
10 Knott David M Jr 0.74% 134,688 $2.2M
11 Eversept Partners, LP 0.66% 550,966 $9.0M
12 Logos Global Management LP 0.59% 350,000 $5.7M
13 RICE HALL JAMES & ASSOCIATES, LLC 0.45% 774,926 $12.6M
14 Redmile Group, LLC 0.37% 998,114 $16.2M
15 Novo Holdings A/S 0.34% 442,550 $7.2M
16 Soleus Capital Management, L.P. 0.28% 175,152 $2.8M
17 Nantahala Capital Management, LLC 0.28% 481,782 $7.8M
18 ING GROEP NV 0.25% 1,700,000 $27.6M
19 FARALLON CAPITAL MANAGEMENT LLC 0.24% 2,766,935 $45.0M
20 Nova R Wealth, Inc. 0.20% 15,076 $245K
21 Palo Alto Investors LP 0.19% 183,800 $3.0M
22 Woodline Partners LP 0.15% 642,465 $10.4M
23 Nantahala Capital Management, LLC 0.14% 236,400 $3.8M
24 AlphaCentric Advisors LLC 0.13% 15,500 $310K
25 Vivo Capital, LLC 0.10% 105,000 $1.7M
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 — ZOGENIX INC (ZGNX)

What does the Smart Money Trend signal show for ZGNX?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ZGNX 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 ZGNX?

More sellers than buyers — 47% buying: Last quarter: 70 funds reduced or exited vs 62 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down 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.