Media General, Inc
MEG
MEG was delisted on the 17th of January, 2017.
133 hedge funds and large institutions have $2.09B invested in Media General, Inc in 2015 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 55 increasing their positions, 27 reducing their positions, and 28 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 27
25% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 28
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
5% more funds holding
Funds holding: 127 → 133 (+6)
1% less capital invested
Capital invested by funds: $2.1B → $2.09B (-$11M)
9% less call options, than puts
Call options by funds: $1.4M | Put options by funds: $1.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWCA
Brenner West Capital Advisors
New York
|
+$28.8M |
| 2 |
PA
Pinnacle Associates
New York
|
+$26.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.6M |
| 4 |
Neuberger Berman Group
New York
|
+$19.3M |
| 5 |
Millennium Management
New York
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Standard General
New York
|
-$122M |
| 2 |
Morgan Stanley
New York
|
-$50.9M |
| 3 |
OC
Orange Capital
Manhasset,
New York
|
-$23.2M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$13.3M |
| 5 |
Bank of New York Mellon
New York
|
-$12.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
151
Wolverine Asset Management
Chicago,
Illinois
| – | -$243K | -14,574 | Closed |
|
|
HM
152
Harvest Management
New York
| – | -$226K | -13,520 | Closed |
|
|
VAM
153
Visium Asset Management
New York
| – | -$223K | -13,297 | Closed |
|
|
CL
154
CSS LLC
Chicago,
Illinois
| – | -$221K | -13,214 | Closed |
|
|
DC
155
Deere & Company
Moline,
Illinois
| – | -$192K | -11,501 | Closed |
|
|
KPF
156
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$185K | -11,045 | Closed |
|
|
CPA
157
Cowen Prime Advisors
New York
| – | -$165K | -9,837 | Closed |
|
|
WCMNY
158
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$88K | -5,245 | Closed |
|
|
QT
159
Quantbot Technologies
New York
| – | -$73K | -4,380 | Closed |
|
160
Parallax Volatility Advisers
San Francisco,
California
| – | -$33K | -1,967 | Closed |
|
|
WCM
161
Wealthcare Capital Management
Richmond,
Virginia
| – | +$59.7K | +3,828 | New |
|
MEG Hedge Fund Activity: Q1 2015 in Review
133 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Media General, Inc (MEG) for Q1 2015, worth a combined $2.09B — down 0.52% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MEG positions and 28 closed out — a net gain of 7 holders — while 55 added to existing stakes and 27 trimmed.
The largest buyer was Brenner West Capital Advisors, opening a new position worth an estimated $28.8M. The largest seller was Standard General, cutting an estimated $122M.
- 133 institutional investors held Media General, Inc (MEG) as of Q1 2015, up from 127 in Q4 2014.
- Funds reported $2.09B of Media General, Inc stock for Q1 2015, down 0.52% quarter-over-quarter.
- 35 funds opened new Media General, Inc positions in Q1 2015 and 28 closed out, a net change of +7 holders.
- The largest Media General, Inc buyer in Q1 2015 was Brenner West Capital Advisors, an estimated $28.8M added.
- The largest Media General, Inc seller in Q1 2015 was Standard General, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2015.