iHeartMedia
IHRT
151 hedge funds and large institutions have $369M invested in iHeartMedia in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 27 closing their positions.
1,021% more call options, than puts
Call options by funds: $3.4M | Put options by funds: $303K
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2.68% less ownership
Funds ownership: 80.32% → 77.64% (-2.7%)
6% less funds holding
Funds holding: 161 → 151 (-10)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
38% less capital invested
Capital invested by funds: $593M → $369M (-$225M)
Top Buyers
| 1 |
AMH
Apollo Management Holdings
New York
|
+$12.4M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.52M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.16M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.04M |
| 5 |
DLA
Douglas Lane & Associates
New York
|
+$1.97M |
Top Sellers
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$20.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.3M |
| 3 |
D.E. Shaw & Co
New York
|
-$4.39M |
| 4 |
Goldman Sachs
New York
|
-$4.06M |
| 5 |
Millennium Management
New York
|
-$2.36M |
IHRT Hedge Fund Activity: Q1 2023 in Review
151 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iHeartMedia (IHRT) for Q1 2023, worth a combined $369M — down 38% from $593M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of IHRT and 17 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 53 added.
The largest buyer was Apollo Management Holdings, opening a new position worth an estimated $12.4M. The largest seller was Silver Point Capital, cutting an estimated $20.8M.
- 151 institutional investors held iHeartMedia (IHRT) as of Q1 2023, down from 161 in Q4 2022.
- Funds reported $369M of iHeartMedia stock for Q1 2023, down 38% quarter-over-quarter.
- 17 funds opened new iHeartMedia positions in Q1 2023 and 27 closed out, a net change of -10 holders.
- The largest iHeartMedia buyer in Q1 2023 was Apollo Management Holdings, an estimated $12.4M added.
- The largest iHeartMedia seller in Q1 2023 was Silver Point Capital, an estimated $20.8M sold.
Based on aggregated 13F filings for Q1 2023.