We are live on ! Find out more
FOX icon

Fox Class B
FOX

331 hedge funds and large institutions have $4.05B invested in Fox Class B in 2023 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 106 increasing their positions, 136 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $3.96B → $4.05B (+$83.9M)

0.5% less ownership

Funds ownership: 54.38% → 53.88% (-0.5%)

5% less funds holding

Funds holding: 350 → 331 (-19)

22% less repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 136

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

37% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 49

45% less call options, than puts

Call options by funds: $7.54M | Put options by funds: $13.8M

Holders
331
Holders Change
-19
Holders Change %
-5.43%
% of All Funds
5.2%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
31
Increased
106
Reduced
136
Closed
49
Calls
$7.54M
Puts
$13.8M
Net Calls
-$6.22M
Net Calls Change
-$11.6M

Top Buyers

1
IFP
Independent Franchise Partners
United Kingdom
+$106M
2
BlackRock
BlackRock
New York
+$53.3M
3
Amundi
Amundi
France
+$18.2M
4
Aviva
Aviva
United Kingdom
+$15.6M
5
Citigroup
Citigroup
New York
+$13.4M

Top Sellers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$73.7M
2
CIM
Contrarius Investment Management
Jersey
-$52.2M
3
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
-$20.2M
4
JFG
Jefferies Financial Group
New York
-$20M
5
SA
Sycale Advisors
New York
-$19.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$515M -$5.89M -194,565 -1%
BlackRock
2
BlackRock
New York
$401M +$53.3M +1,758,998 +16%
Dodge & Cox
3
Dodge & Cox
California
$374M +$2.05M +67,667 +0.6%
YAM
4
Yacktman Asset Management
Texas
$279M +$840K +27,718 +0.3%
State Street
5
State Street
Massachusetts
$249M +$7.68M +253,490 +3%
Nomura Holdings
6
Nomura Holdings
Japan
$179M +$6.21M +204,986 +4%
State of Wisconsin Investment Board
7
State of Wisconsin Investment Board
Wisconsin
$178M +$5.26M +173,664 +3%
American Century Companies
8
American Century Companies
Missouri
$163M +$43.6K +1,438 +0%
IFP
9
Independent Franchise Partners
United Kingdom
$112M +$106M +3,496,885 New
Geode Capital Management
10
Geode Capital Management
Massachusetts
$93.1M +$1.24M +40,938 +1%
Norges Bank
11
Norges Bank
Norway
$82.9M -$2.92M -96,564 -4%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$68.1M -$2.14M -70,667 -3%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$60.6M -$1.2M -39,458 -2%
Amundi
14
Amundi
France
$50.7M +$18.2M +599,462 +62%
Bank of America
15
Bank of America
North Carolina
$49.9M -$12.5M -411,278 -21%
Invesco
16
Invesco
Georgia
$47.1M +$1.74M +57,540 +4%
CU
17
CQS (US)
New York
$46.5M -$15.9M -523,686 -26%
Northern Trust
18
Northern Trust
Illinois
$42.5M -$3.44M -113,664 -8%
ESCM
19
Echo Street Capital Management
New York
$42M +$2.16M +71,341 +6%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$39.3M -$1.49M -49,180 -4%
Legal & General Group
21
Legal & General Group
United Kingdom
$30.7M -$5.4M -178,220 -16%
Morgan Stanley
22
Morgan Stanley
New York
$30.1M +$1.93M +63,572 +7%
Deutsche Bank
23
Deutsche Bank
Germany
$29.6M +$8.63M +284,842 +44%
CAM
24
Cacti Asset Management
Georgia
$26.7M – – –
Bank of New York Mellon
25
Bank of New York Mellon
New York
$26.7M -$2M -66,162 -7%
1
2 3 4 5

FOX Hedge Fund Activity: Q2 2023 in Review

331 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fox Class B (FOX) for Q2 2023, worth a combined $4.05B — up 2.1% from $3.96B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of FOX and 31 opened new positions — a net loss of 18 holders — while 136 trimmed existing stakes and 106 added.

The largest buyer was Independent Franchise Partners, opening a new position worth an estimated $106M. The largest seller was Envestnet Asset Management, cutting an estimated $73.7M.

  • 331 institutional investors held Fox Class B (FOX) as of Q2 2023, down from 350 in Q1 2023.
  • Funds reported $4.05B of Fox Class B stock for Q2 2023, up 2.1% quarter-over-quarter.
  • 31 funds opened new Fox Class B positions in Q2 2023 and 49 closed out, a net change of -18 holders.
  • The largest Fox Class B buyer in Q2 2023 was Independent Franchise Partners, an estimated $106M added.
  • The largest Fox Class B seller in Q2 2023 was Envestnet Asset Management, an estimated $73.7M sold.

Based on aggregated 13F filings for Q2 2023.