iHeartMedia
IHRT
123 hedge funds and large institutions have $188M invested in iHeartMedia in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 48 reducing their positions, and 34 closing their positions.
2.63% less ownership
Funds ownership: 75.44% → 72.8% (-2.6%)
16% less funds holding
Funds holding: 147 → 123 (-24)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
24% less capital invested
Capital invested by funds: $248M → $188M (-$60.6M)
33% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 48
41% less call options, than puts
Call options by funds: $274K | Put options by funds: $467K
68% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.67M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$2.35M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.33M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.05M |
| 5 |
Goldman Sachs
New York
|
+$884K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.91M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.87M |
| 3 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$1.74M |
| 4 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$1.64M |
| 5 |
Renaissance Technologies
New York
|
-$1.53M |
IHRT Hedge Fund Activity: Q1 2024 in Review
123 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in iHeartMedia (IHRT) for Q1 2024, worth a combined $188M — down 24% from $248M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of IHRT and 11 opened new positions — a net loss of 23 holders — while 48 trimmed existing stakes and 32 added.
The largest buyer was Wells Fargo, adding an estimated $4.67M. The largest seller was Morgan Stanley, cutting an estimated $1.91M.
- 123 institutional investors held iHeartMedia (IHRT) as of Q1 2024, down from 147 in Q4 2023.
- Funds reported $188M of iHeartMedia stock for Q1 2024, down 24% quarter-over-quarter.
- 11 funds opened new iHeartMedia positions in Q1 2024 and 34 closed out, a net change of -23 holders.
- The largest iHeartMedia buyer in Q1 2024 was Wells Fargo, an estimated $4.67M added.
- The largest iHeartMedia seller in Q1 2024 was Morgan Stanley, an estimated $1.91M sold.
Based on aggregated 13F filings for Q1 2024.