Zevia

ZVIA • NYSE

Zevia is a beverages - non-alcoholic company in the consumer defensive sector on NYSE, led by Amy Taylor, with a market cap of $176.6M. As of Q3 2025, 53% of shares are held by 99 institutional investors, with CAISSE DE DEPOT ET PLACEMENT DU QUEBEC as the largest holder at 22.75%.

CEOAmy Taylor

Market Cap$176.6M

Beverages - Non-Alcoholic

Consumer Defensive

Employees111.0

Websitezevia.com

Country

United States of America

Overview

Overview of institutional ownership in ZVIA as of Q3 2025 with a market cap of $203.9M

All Institutions

Institutions: 99
Value Held: $107.7M
Shares Held: 39.6M
Avg Position: $1.1M
Median Position: $85.0K

Hedge Funds

Hedge Funds: 15
Value Held: $29.2M
Shares Held: 10.7M
Avg Position: $1.9M
Median Position: $297.6K

Ownership Breakdown

Institutional (non-HF)

38.53%

$78.5M

Hedge Funds

14.31%

$29.2M

Retail & Other

47.16%

$96.1M

Based on market cap of $203.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ZVIA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	Neil David Blundell CIO	$46.4M 0.08% of portfolio	22.75% 17.1M shares	Q3 2021 Held for 4y 2m	$55.5B
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	William Zolezzi Managing Partner	$16.8M 0.78% of portfolio	8.22% 6.2M shares	Q2 2025 Held for 5 months	$2.1B
B BlackRock, Inc. Institution	-	$5.8M 0.00% of portfolio	2.82% 2.1M shares	Q3 2021 Held for 4y 2m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.3M 0.00% of portfolio	2.62% 2.0M shares	Q3 2021 Held for 4y 2m	$6.69T
SILVERCREST ASSET MANAGEMENT GROUP LLC RIA/Wealth	Richard Ralston Hough CEO	$4.6M 0.03% of portfolio	2.26% 1.7M shares	Q3 2021 Held for 4y 2m	$15.1B
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	David John Corkins Managing Partner	$3.3M 0.06% of portfolio	1.60% 1.2M shares	Q4 2024 Held for 11 months	$5.4B
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	Michael Walter Germino CEO	$3.0M 0.17% of portfolio	1.47% 1.1M shares	Q2 2025 Held for 5 months	$1.7B
Castle Hook Partners LP Hedge Fund•Global Macro	Sean Aloysius Rhatigan President	$2.7M 0.04% of portfolio	1.33% 997.5K shares	Q2 2025 Held for 5 months	$6.6B
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	Stacey Lynn Sears President	$2.5M 0.13% of portfolio	1.23% 924.1K shares	Q4 2024 Held for 11 months	$1.9B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$2.2M 0.00% of portfolio	1.06% 791.4K shares	Q3 2021 Held for 4y 2m	$1.57T

Net Capital Flow

Institutional buying and selling activity for ZVIA in Q3 2025

Traded: +$1.8M
Buyers: 48
Sellers: 45
Total Bought: +$19.0M
Total Sold: −$17.2M
Avg Position: $912.9K

Biggest Buyers

Institution	Net Bought	Current Position
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	+$8.0M +2.9M shares	$16.8M 6.2M shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	+$2.2M +798.7K shares	$3.0M 1.1M shares
Castle Hook Partners LP Hedge Fund•Global Macro	+$1.4M +497.5K shares	$2.7M 997.5K shares
SILVERCREST ASSET MANAGEMENT GROUP LLC RIA/Wealth	+$1.0M +380.8K shares	$4.6M 1.7M shares
Marshall Wace LLP Institution	+$633.3K +232.8K shares	$633.3K 232.8K shares
GOLDMAN SACHS GROUP INC Institution	+$496.4K +182.5K shares	$638.4K 234.7K shares
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	+$441.8K +162.4K shares	$2.5M 924.1K shares
C Colony Group, LLC Institution	+$388.8K +143.0K shares	$777.6K 285.9K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$334.0K +122.8K shares	$334.0K 122.8K shares
Q Qube Research & Technologies Ltd Institution	+$323.3K +118.9K shares	$323.3K 118.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	−$8.1M −3.0M shares	$46.4M 17.1M shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$1.3M −462.8K shares	$510.7K 187.8K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$962.9K −299.0K shares	Sold Off 0 shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$899.0K −330.5K shares	$297.6K 109.4K shares
Hodges Capital Management Inc. Long Only Manager	−$734.2K −228.0K shares	Sold Off 0 shares
BANK OF MONTREAL /CAN/ Institution	−$700.2K −257.4K shares	$96.2K 35.4K shares
R Russell Investments Group, Ltd. RIA/Wealth	−$576.4K −211.9K shares	$148.3K 54.5K shares
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro	−$483.0K −150.0K shares	Sold Off 0 shares
K Kapitalo Investimentos Ltda Institution	−$467.2K −145.1K shares	Sold Off 0 shares
Calamos Advisors LLC Long Only Manager	−$404.3K −125.6K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ZVIA in Q3 2025

New Positions: 4
New Value: $361.3K
Exited Positions: 18
Exited Value: $4.4M

New Positions

Institution	Position Value
1 1060 Capital, LLC Institution	$272.0K 100.0K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$85.0K 31.3K shares
A Advisory Services Network, LLC RIA/Wealth	$4.1K 1.5K shares
PNC FINANCIAL SERVICES GROUP, INC. Institution	$144.0 53.0 shares

Exited Positions

Institution	Previous Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$962.9K 299.0K shares
Hodges Capital Management Inc. Long Only Manager	$734.2K 228.0K shares
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro	$483.0K 150.0K shares
K Kapitalo Investimentos Ltda Institution	$467.2K 145.1K shares
Calamos Advisors LLC Long Only Manager	$404.3K 125.6K shares
T TECTONIC ADVISORS LLC RIA/Wealth	$314.8K 97.8K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$222.3K 69.0K shares
WEXFORD CAPITAL LP Hedge Fund•Multi-Strategy	$182.6K 56.7K shares
J JANE STREET GROUP, LLC Institution	$160.0K 49.7K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$143.8K 44.7K shares

Options Activity

Institutions with the largest Call and Put options positions in ZVIA as of Q3 2025

Call Positions: 2
Call Value: $218.7K
Put Positions: 2
Put Value: $140.6K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$218.7K 804.0 contracts
J JANE STREET GROUP, LLC Institution	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$94.9K 349.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$45.7K 168.0 contracts

Most Committed Institutions

Institutions with ZVIA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
1 1060 Capital, LLC Institution	-	0.92% $272.0K	0.13% 100.0K shares	Q3 2025 Held for 2 months	$29.4M
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	William Zolezzi Managing Partner	0.78% $16.8M	8.22% 6.2M shares	Q2 2025 Held for 5 months	$2.1B
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	Michael Walter Germino CEO	0.17% $3.0M	1.47% 1.1M shares	Q2 2025 Held for 5 months	$1.7B
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	Stacey Lynn Sears President	0.13% $2.5M	1.23% 924.1K shares	Q4 2024 Held for 11 months	$1.9B
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	Neil David Blundell CIO	0.08% $46.4M	22.75% 17.1M shares	Q3 2021 Held for 4y 2m	$55.5B
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	David John Corkins Managing Partner	0.06% $3.3M	1.60% 1.2M shares	Q4 2024 Held for 11 months	$5.4B
Castle Hook Partners LP Hedge Fund•Global Macro	Sean Aloysius Rhatigan President	0.04% $2.7M	1.33% 997.5K shares	Q2 2025 Held for 5 months	$6.6B
D DKM Wealth Management, Inc. RIA/Wealth	Daniel Miladinovich CEO	0.03% $35.4K	0.02% 13.0K shares	Q2 2025 Held for 5 months	$110.4M
SILVERCREST ASSET MANAGEMENT GROUP LLC RIA/Wealth	Richard Ralston Hough CEO	0.03% $4.6M	2.26% 1.7M shares	Q3 2021 Held for 4y 2m	$15.1B
Centiva Capital, LP Hedge Fund•Multi-Strategy	Timothy Michael Higgins CFO	0.02% $241.0K	0.12% 88.6K shares	Q3 2025 Held for 2 months	$1.1B

Hedge Fund Spotlight

Discover hedge funds investing in ZVIA

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Zevia

Market Value: $243.7K
Shares Held: 89.6K
Portfolio Weight: 0.00%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%