Who owns ZONE
Which tracked institutional funds hold ZONE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ZONE company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
5 tracked funds added or opened ZONE while 6 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ZONE’s largest tracked holder by dollar value, ExodusPoint Capital Management, LP, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ZONE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 43 tracked filers holding ZONE, 16 increased or opened the position and 25 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ZONE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- VANGUARD CAPITAL MANAGEMENT LLC$4M
Full exits 4
- Hudson Bay Capital Management LP$9M
- Pantera Capital Partners LP$2M
- VANGUARD GROUP INC$840K
- Polar Asset Management Partners Inc.$780K
Largest adds
- MMCAP International Inc. SPC$1M
- MOZAYYX MANAGEMENT LLC$1M
- Ghisallo Capital Management LLC$305K
- STEADFAST CAPITAL MANAGEMENT LP$289K
Largest trims
- RENAISSANCE TECHNOLOGIES LLC$503K
- CITADEL ADVISORS LLC$378K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MMCAP International Inc. SPC trimmed | 16,867,613 | $6M | 10.6% | 2026-Q1 |
| MOZAYYX MANAGEMENT LLC | 12,000,000 | $4M | 7.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 10,800,257 | $4M | 6.8% | 2026-Q1 |
| Ghisallo Capital Management LLC trimmed | 3,775,112 | $1M | 2.4% | 2026-Q1 |
| STEADFAST CAPITAL MANAGEMENT LP | 3,000,000 | $1M | 1.9% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 2,557,895 | $911K | 1.6% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,155,799 | $768K | 1.4% | 2026-Q1 |
| Corient Private Wealth LLC | 1,642,716 | $585K | 1.0% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 976,683 | $348K | 0.6% | 2026-Q1 |
| Alpine Global Management, LLC trimmed | 830,655 | $296K | 0.5% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 786,993 | $283K | 0.5% | 2026-Q1 |
| BlackRock, Inc. | 660,657 | $235K | 0.4% | 2026-Q1 |
| HUB Investment Partners, LLC new | 510,569 | $182K | 0.3% | 2026-Q1 |
| NORTHERN TRUST CORP added | 441,597 | $157K | 0.3% | 2026-Q1 |
| Meridian Wealth Management, LLC | 355,138 | $127K | 0.2% | 2026-Q1 |
| STATE STREET CORP added | 294,914 | $105K | 0.2% | 2026-Q1 |
| LuminArx Capital Management LP | 200,000 | $71K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. new | 153,530 | $55K | 0.1% | 2026-Q1 |
| CWA Asset Management Group, LLC new | 150,000 | $53K | 0.1% | 2026-Q1 |
| Claro Advisors Inc. added | 123,275 | $44K | 0.1% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 120,690 | $43K | 0.1% | 2026-Q1 |
| SCS Capital Management LLC | 100,000 | $36K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC | 99,305 | $35K | 0.1% | 2026-Q1 |
| Quadrature Capital Ltd | 59,342 | $21K | 0.0% | 2026-Q1 |
| America First Investment Advisors, LLC | 57,471 | $20K | 0.0% | 2026-Q1 |
| XTX Topco Ltd trimmed | 54,323 | $19K | 0.0% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP new | 37,004 | $13K | 0.0% | 2026-Q1 |
| MB Generational Wealth, LLC | 29,000 | $10K | 0.0% | 2026-Q1 |
| All Terrain Financial Advisors, LLC added | 23,600 | $8K | 0.0% | 2026-Q1 |
| Cetera Investment Advisers | 20,645 | $7K | 0.0% | 2026-Q1 |
| Equitable Holdings, Inc. | 19,020 | $5K | 0.0% | 2026-Q1 |
| SCOTIA CAPITAL INC. new | 13,500 | $5K | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 12,605 | $4K | 0.0% | 2026-Q1 |
| D.A. DAVIDSON & CO. | 11,493 | $4K | 0.0% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 11,343 | $4K | 0.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. | 11,400 | $4K | 0.0% | 2026-Q1 |
| Fortitude Family Office, LLC | 10,261 | $4K | 0.0% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 9,164 | $3K | 0.0% | 2026-Q1 |
| Meramec Financial Planners, LLC | 9,222 | $3K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC | 4,167 | $1K | 0.0% | 2026-Q1 |
| GILPIN WEALTH MANAGEMENT, LLC | 1,500 | $535 | 0.0% | 2026-Q1 |
| IFP Advisors, Inc | 534 | $190 | 0.0% | 2026-Q1 |
| UBS Group AG trimmed | 402 | $143 | 0.0% | 2026-Q1 |
| ExodusPoint Capital Management, LP new | 7,500,000 | $11M | 19.8% | 2025-Q3 stale |
| Hudson Bay Capital Management LP | 5,000,000 | $9M | 16.4% | 2025-Q4 stale |
| Regal Partners Ltd new | 3,000,000 | $6M | 10.7% | 2025-Q3 stale |
| Sender Co & Partners, Inc. new | 2,000,000 | $4M | 7.1% | 2025-Q3 stale |
| Pantera Capital Partners LP | 7,500,000 | $2M | 3.4% | 2025-Q4 stale |
| VANGUARD GROUP INC added | 3,229,078 | $840K | 1.5% | 2025-Q4 stale |
| Polar Asset Management Partners Inc. trimmed | 3,000,000 | $780K | 1.4% | 2025-Q4 stale |
| Longaeva Partners L.P. new | 260,577 | $526K | 0.9% | 2025-Q3 stale |
| SABBY MANAGEMENT, LLC new | 1,448,598 | $377K | 0.7% | 2025-Q4 stale |
| ADAR1 Capital Management, LLC new | 521,980 | $136K | 0.2% | 2025-Q4 stale |
| MORGAN STANLEY new | 63,100 | $127K | 0.2% | 2025-Q3 stale |
| Wealthspire Advisors, LLC trimmed | 30,000 | $73K | 0.1% | 2025-Q2 stale |
| Haven Private, LLC new | 250,000 | $65K | 0.1% | 2025-Q4 stale |
| TWO SIGMA INVESTMENTS, LP new | 192,035 | $50K | 0.1% | 2025-Q4 stale |
| BARCLAYS PLC added | 22,637 | $46K | 0.1% | 2025-Q3 stale |
| Prime Capital Investment Advisors, LLC new | 20,000 | $40K | 0.1% | 2025-Q3 stale |
| Kingdom Financial Group LLC. new | 15,000 | $30K | 0.1% | 2025-Q3 stale |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 79,693 | $27K | 0.0% | 2025-Q4 stale |
| HRT FINANCIAL LP trimmed | 11,444 | $27K | 0.0% | 2025-Q2 stale |
| Squarepoint Ops LLC added | 81,484 | $21K | 0.0% | 2025-Q4 stale |
| Qube Research & Technologies Ltd new | 63,525 | $17K | 0.0% | 2025-Q4 stale |
| Virtu Financial LLC added | 50,914 | $13K | 0.0% | 2025-Q4 stale |
| TWO SIGMA SECURITIES, LLC added | 22,723 | $6K | 0.0% | 2025-Q4 stale |
| GOLDMAN SACHS GROUP INC new | 16,949 | $4K | 0.0% | 2025-Q4 stale |
| CITIGROUP INC new | 1,576 | $3K | 0.0% | 2025-Q3 stale |
| JANE STREET GROUP, LLC trimmed | 10,007 | $3K | 0.0% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC new | 10,000 | $3K | 0.0% | 2025-Q4 stale |
| Sound Income Strategies, LLC | 1,000 | $2K | 0.0% | 2025-Q3 stale |
| ROYAL BANK OF CANADA added | 603 | $1K | 0.0% | 2025-Q3 stale |
| Global Retirement Partners, LLC new | 400 | $808 | 0.0% | 2025-Q3 stale |
| BANK OF AMERICA CORP /DE/ added | 1,612 | $419 | 0.0% | 2025-Q4 stale |
| JPMORGAN CHASE & CO trimmed | 5 | $5 | 0.0% | 2025-Q1 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.