ZD ranks #2352 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
ZD is a top-conviction position for Varde Management, L.P. — at 47.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in ZD belongs to BlackRock, Inc., but the position matters far more to Varde Management, L.P., who has 47.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Chicago Capital, LLC has added to its ZD position for two straight quarters, increasing it by $392.5K to reach $1.5M today.
State of Alaska, Department of Revenue has trimmed its ZD position for two straight quarters, cutting it by $326.0K while still holding $1.1M.
ZD is down 2.2% today, but institutions show net buying of $200.7M this quarter — a divergence between today's price move and the underlying institutional flow.