Vault-13

ZEDGE INC ZDGE

CL B · Common Stock · CUSIP 98923T104

Content distribution platform

44 institutional holders +3 vs Q1 2026
2,556,0682.6m shares reported held*
$7.9mreported value*
9 new 10 added 12 reduced 6 sold out net bought ≈ $1.1m (+343.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $3.10. Options: 2 managers hold calls ($10.5k notional), 4 hold puts ($319.9k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 38Q4 22: 39Q1 23: 34Q2 23: 33Q3 23: 34Q4 23: 36Q1 24: 43Q2 24: 41Q3 24: 37Q4 24: 42Q1 25: 37Q2 25: 42Q3 25: 41Q4 25: 40Q1 26: 41Q2 26: 4444Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202238
Q4 202239
Q1 202334
Q2 202333
Q3 202334
Q4 202336
Q1 202443
Q2 202441
Q3 202437
Q4 202442
Q1 202537
Q2 202542
Q3 202541
Q4 202540
Q1 202641
Q2 202644

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 12 bought or addedQ3 24: 17 cut or sold outQ4 24: 15 bought or addedQ4 24: 19 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 24 cut or sold outQ2 25: 23 bought or addedQ2 25: 12 cut or sold outQ2 25Q3 25: 14 bought or addedQ3 25: 21 cut or sold outQ4 25: 12 bought or addedQ4 25: 21 cut or sold outQ4 25Q1 26: 16 bought or addedQ1 26: 17 cut or sold outQ2 26: 19 bought or addedQ2 26: 18 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241217
Q4 20241519
Q1 20251324
Q2 20252312
Q3 20251421
Q4 20251221
Q1 20261617
Q2 20261918

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300k$400kQ3 25 calls: $118.1kQ3 25 puts: $247.5kQ3 25P/C 2.09Q4 25 calls: $86.6kQ4 25 puts: $292.6kQ4 25P/C 3.38Q1 26 calls: $10.8kQ1 26 puts: $266.6kQ1 26P/C 24.59Q2 26 calls: $10.5kQ2 26 puts: $319.9kQ2 26P/C 30.35
Numbers
QuarterCallsPutsP/C
Q3 2025$118.1k$247.5k2.09
Q4 2025$86.6k$292.6k3.38
Q1 2026$10.8k$266.6k24.59
Q2 2026$10.5k$319.9k30.35

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +188,743+188.7k
CITADEL ADVISORS LLC New +136,088+136.1k
JANE STREET GROUP, LLC New +56,700+56.7k
HRT FINANCIAL LP New +43,050+43.0k
XTX Topco Ltd New +25,800+25.8k
GSA CAPITAL PARTNERS LLP Added +19,238+19.2k
RENAISSANCE TECHNOLOGIES LLC Added +17,273+17.3k
TWO SIGMA INVESTMENTS, LP New +14,561+14.6k
VANGUARD FIDUCIARY TRUST CO Added +12,449+12.4k
PRUDENTIAL FINANCIAL INC New +12,433+12.4k

Biggest sellers

BAILARD, INC. Sold out -44,785-44.8k
VANGUARD CAPITAL MANAGEMENT LLC Reduced -37,054-37.1k
GEODE CAPITAL MANAGEMENT, LLC Reduced -34,429-34.4k
NewEdge Advisors, LLC Reduced -25,278-25.3k
Centiva Capital, LP Sold out -20,110-20.1k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -13,061-13.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -11,371-11.4k
ACADIAN ASSET MANAGEMENT LLC Reduced -4,912-4.9k
GROUP ONE TRADING LLC Reduced -4,033-4.0k
GOLDMAN SACHS GROUP INC Reduced -3,475-3.5k

Biggest calls

GROUP ONE TRADING LLC Reduced $7.4k2.4k shares
SIMPLEX TRADING, LLC Unchanged $3.1k1.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $230.3k74.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $48.7k15.7k shares
SIMPLEX TRADING, LLC Reduced $29.8k9.6k shares
GROUP ONE TRADING LLC Reduced $11.2k3.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
JONAS MICHAEL C 13D · may seek influence +0.2 pts · filed 2026-09-10
Stated purposeOn September 8, 2026, Mr. Jonas received 4,233 shares of Class B Common Stock upon the vesting of previously granted deferred stock units. On September 10, 2026, Mr. Jonas was granted options to purchase 386,244 shares of Class B Common Stock pursuant to the Stock Option Agreement described in Item 6. The shares underlying such options are not included in the number of shares beneficially owned by Mr. Jonas as the options are not exercisable until the later of: (a) the date that the adoption of the Company's 2026 Equity Incentive Plan (the "Plan") and an amendment to the Plan to increase the aggregate number of shares of Class B Common Stock available for issuance thereunder is approved ("Stockholder Approval Date") and (b) September 9, 2027, the earliest applicable annual vesting date. … Full filing
15.9% +0.2 pts 2.0m≈ $6.3m 2026-09-10
JONAS HOWARD S 13D · may seek influence new · filed 2026-10-02
Stated purposeOn September 10, 2026, Mr. Jonas entered into a Securities Purchase Agreement with the Company and the other purchasers named therein (the "Purchase Agreement") providing for his purchase of 2,218,430 shares of Class B Common Stock and warrants to purchase 1,996,587 shares of Class B Common Stock for an aggregate purchase price by Mr. Jonas of $6,500,000. The purchase price was $2.93 per share and accompanying warrant coverage, which was equal to the closing price of the Class B Common Stock on the NYSE American on the trading day immediately preceding the date on which Mr. Jonas executed the Purchase Agreement. Effective September 23, 2026, with the consent of the Company, Mr. Jonas assigned all of his rights and obligations as a purchaser under the Purchase Agreement to Chartwell pursua… Full filing
15.6% new 2.3m≈ $7.3m 2026-10-02

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 1 buyingQ2 25: 1 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 2 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20251$20.0k0——
Q2 20251$24.4k1$292.3k—
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20262—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-25 JONAS HOWARD S Director · By Chartwell Holding, LLC Bought 2,218,430 — —2.2m shares new
2026-09-11 GIBBER ELLIOT Director Bought 221,843 — —221.8k shares +92%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 532,222532.2k $1.6m $1.6m 0.00% Added +17.3k +17,273
2 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 519,339519.3k $1.6m $1.6m 0.00% Reduced -37.1k -37,054
3 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 260,968261.0k $808.0k $808.0k 0.00% Added +188.7k +188,743
4 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 136,088136.1k $421.9k $421.9k 0.00% New
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 116,616116.6k $361.6k $361.6k 0.00% Reduced -34.4k -34,429
6 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 101,532101.5k $314.7k $314.7k 0.00% Unchanged
7 KAHN BROTHERS GROUP INC 0.04% of their portfolio NEW YORK, NY 78,12678.1k $242.2k $242.2k 0.04% Added +198 +198
8 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 72,58872.6k $225.0k $225.0k 0.00% Added +12.4k +12,449
9 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 67,96168.0k $211.0k $211.0k 0.01% Added +19.2k +19,238
10 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 63,23963.2k $196.0k $196.0k 0.00% Unchanged
11 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 56,70056.7k $175.8k $175.8k 0.00% New
12 Hillsdale Investment Management Inc. 0.00% of their portfolio Toronto, A6 50,65350.7k $157.0k $157.0k 0.00% Unchanged
13 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 49,35949.4k $153.0k $153.0k 0.00% Unchanged
14 Welch Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 45,67145.7k $141.6k $141.6k 0.00% Unchanged
15 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 43,05043.0k $133.0k $133.0k 0.00% New
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 38,70538.7k $120.0k $120.0k 0.00% Reduced -3.5k -3,475
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 37,62137.6k $116.6k $116.6k 0.00% Added +9.4k +9,411
18 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 37,41437.4k $115.0k $115.0k 0.00% Reduced -4.9k -4,912
19 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 35,11035.1k $108.8k $108.8k 0.00% Unchanged
20 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 33,64033.6k $104.3k $104.3k 0.00% Reduced -25.3k -25,278
21 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 27,06427.1k $83.9k $83.9k 0.00% Reduced -472 -472
22 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 25,80025.8k $80.0k $80.0k 0.00% New
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 25,39425.4k $78.7k $78.7k 0.00% Added +503 +503
24 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 18,50018.5k $57.4k $57.4k 0.00% Reduced -250 -250
25 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 16,95016.9k $52.5k $52.5k 0.00% Reduced -13.1k -13,061
26 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 14,56114.6k $45.1k $45.1k 0.00% New
27 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 12,43312.4k $38.5k $38.5k 0.00% New
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 11,31911.3k $35.1k $35.1k 0.00% Unchanged
29 ANCHYRA PARTNERS LLC 0.01% of their portfolio ATLANTA, GA 10,00010.0k $31.0k $31.0k 0.01% New
30 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 3,9564.0k $12.3k $12.3k 0.00% Unchanged
31 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,8253.8k $11.9k $11.9k 0.00% Reduced -3.2k -3,175
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,6592.7k $8.2k $8.2k 0.00% Unchanged
33 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,6502.6k $8.2k $8.2k 0.00% Added +3 +3
34 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,2982.3k $7.1k $7.1k 0.00% Added +2.3k +2,287
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 569569 $1.8k $1.8k 0.00% Unchanged
36 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 399399 $1.2k $1.2k 0.00% Reduced -2 -2
37 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 366366 $1.1k $1.1k 0.00% Reduced -4.0k -4,033
38 Quent Capital, LLC 0.00% of their portfolio NEW YORK, NY 222222 $688 $688 0.00% Reduced -88 -88
39 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 216216 $670 $670 0.00% Unchanged
40 VISION FINANCIAL MARKETS LLC 0.00% of their portfolio STAMFORD, CT 103103 $336 $336 0.00% Added +1 +1
41 Covestor Ltd 0.00% of their portfolio LONDON, X0 9595 $0 $0 0.00% Unchanged
42 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3333 $102 $102 0.00% Unchanged
43 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 3333 $102 $102 0.00% New
44 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 2121 $65 $65 0.00% New