Fox Class B
363 hedge funds and large institutions have $5.29B invested in Fox Class B in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 119 increasing their positions, 111 reducing their positions, and 47 closing their positions.
47% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 47
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
12% more capital invested
Capital invested by funds: $4.71B → $5.29B (+$582M)
5% more funds holding
Funds holding: 347 → 363 (+16)
7% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 111
1.46% less ownership
Funds ownership: 56.09% → 54.63% (-1.5%)
17% less call options, than puts
Call options by funds: $2.02M | Put options by funds: $2.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBC
Tweedy, Browne Co
Stamford,
Connecticut
|
+$50M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$43.3M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$33M |
| 4 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$22.1M |
| 5 |
D.E. Shaw & Co
New York
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$126M |
| 2 |
Eagle Capital Management (New York)
New York
|
-$94.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$79.9M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$43.9M |
| 5 |
Barclays
London,
United Kingdom
|
-$30.4M |
FOX Hedge Fund Activity: Q4 2019 in Review
363 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Fox Class B (FOX) for Q4 2019, worth a combined $5.29B — up 12% from $4.71B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new FOX positions and 47 closed out — a net gain of 22 holders — while 119 added to existing stakes and 111 trimmed.
The largest buyer was Tweedy, Browne Co, opening a new position worth an estimated $50M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $126M sold.
- 363 institutional investors held Fox Class B (FOX) as of Q4 2019, up from 347 in Q3 2019.
- Funds reported $5.29B of Fox Class B stock for Q4 2019, up 12% quarter-over-quarter.
- 69 funds opened new Fox Class B positions in Q4 2019 and 47 closed out, a net change of +22 holders.
- The largest Fox Class B buyer in Q4 2019 was Tweedy, Browne Co, an estimated $50M added.
- The largest Fox Class B seller in Q4 2019 was Fiduciary Management Inc, an estimated $126M sold.
Based on aggregated 13F filings for Q4 2019.