Live Nation Entertainment
LYV
231 hedge funds and large institutions have $2.56B invested in Live Nation Entertainment in 2013 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 78 increasing their positions, 87 reducing their positions, and 11 closing their positions.
282% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 11
19% more capital invested
Capital invested by funds: $2.15B → $2.56B (+$409M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
14% more funds holding
Funds holding: 202 → 231 (+29)
1.99% less ownership
Funds ownership: 72.55% → 70.56% (-2%)
10% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 87
36% less call options, than puts
Call options by funds: $7.13M | Put options by funds: $11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$29.9M |
| 2 |
SPC
Standard Pacific Capital
San Francisco,
California
|
+$14.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$12.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12.6M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$34.9M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$33.5M |
| 3 |
FCP
Fine Capital Partners
New York
|
-$29.8M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$26.7M |
| 5 |
NMVA
New Mountain Vantage Advisers
New York
|
-$26.4M |
LYV Hedge Fund Activity: Q3 2013 in Review
231 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Live Nation Entertainment (LYV) for Q3 2013, worth a combined $2.56B — up 19% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LYV positions and 11 closed out — a net gain of 31 holders — while 78 added to existing stakes and 87 trimmed.
The largest buyer was Rainier Investment Management, opening a new position worth an estimated $29.9M. The largest seller was Shapiro Capital Management, cutting an estimated $34.9M.
- 231 institutional investors held Live Nation Entertainment (LYV) as of Q3 2013, up from 202 in Q2 2013.
- Funds reported $2.56B of Live Nation Entertainment stock for Q3 2013, up 19% quarter-over-quarter.
- 42 funds opened new Live Nation Entertainment positions in Q3 2013 and 11 closed out, a net change of +31 holders.
- The largest Live Nation Entertainment buyer in Q3 2013 was Rainier Investment Management, an estimated $29.9M added.
- The largest Live Nation Entertainment seller in Q3 2013 was Shapiro Capital Management, an estimated $34.9M sold.
Based on aggregated 13F filings for Q3 2013.