iHeartMedia
IHRT
123 hedge funds and large institutions have $711M invested in iHeartMedia in 2020 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 14 closing their positions.
157% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 14
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
19% more funds holding
Funds holding: 103 → 123 (+20)
0.2% more ownership
Funds ownership: 167.54% → 167.74% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
21% less call options, than puts
Call options by funds: $15K | Put options by funds: $19K
56% less capital invested
Capital invested by funds: $1.63B → $711M (-$917M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$21.2M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$12.5M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$8.83M |
| 4 |
AC
Antara Capital
New York
|
+$5.24M |
| 5 |
Millennium Management
New York
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ISSM
Invesco Senior Secured Management
New York
|
-$29.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$4.72M |
| 4 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$2.94M |
| 5 |
SCC
Steel Canyon Capital
Phoenix,
Arizona
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LAM
126
Lapides Asset Management
Greenwich,
Connecticut
| – | -$1.21M | -71,500 | Closed |
|
|
CC
127
Clearline Capital
New York
| – | -$1.18M | -70,012 | Closed |
|
|
WA
128
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$1.14M | -67,350 | Closed |
|
|
NI
129
NYL Investors
New York
| – | -$898K | -53,152 | Closed |
|
|
YCMGA
130
York Capital Management Global Advisors
New York
| – | -$618K | -36,576 | Closed |
|
131
Adage Capital Partners
Boston,
Massachusetts
| – | -$505K | -29,859 | Closed |
|
|
EGM
132
Engineers Gate Manager
New York
| – | -$476K | -28,145 | Closed |
|
133
Balyasny Asset Management
Chicago,
Illinois
| – | -$312K | -18,444 | Closed |
|
|
AGM
134
Alpine Global Management
New York
| – | -$291K | -17,226 | Closed |
|
|
OAC
135
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$274K | -16,200 | Closed |
|
|
CC
136
Centiva Capital
New York
| – | -$251K | -14,839 | Closed |
|
|
WCM
137
Weld Capital Management
New York
| – | -$188K | -11,120 | Closed |
|
IHRT Hedge Fund Activity: Q1 2020 in Review
123 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in iHeartMedia (IHRT) for Q1 2020, worth a combined $711M — down 56% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new IHRT positions and 14 closed out — a net gain of 22 holders — while 37 added to existing stakes and 28 trimmed.
The largest buyer was Sculptor Capital, adding an estimated $21.2M. The largest seller was Invesco Senior Secured Management, cutting an estimated $29.5M.
- 123 institutional investors held iHeartMedia (IHRT) as of Q1 2020, up from 103 in Q4 2019.
- Funds reported $711M of iHeartMedia stock for Q1 2020, down 56% quarter-over-quarter.
- 36 funds opened new iHeartMedia positions in Q1 2020 and 14 closed out, a net change of +22 holders.
- The largest iHeartMedia buyer in Q1 2020 was Sculptor Capital, an estimated $21.2M added.
- The largest iHeartMedia seller in Q1 2020 was Invesco Senior Secured Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2020.