Media General, Inc
MEG
MEG was delisted on the 17th of January, 2017.
130 hedge funds and large institutions have $2.19B invested in Media General, Inc in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 25 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
5% more capital invested
Capital invested by funds: $2.09B → $2.19B (+$99.1M)
2% less funds holding
Funds holding: 133 → 130 (-3)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
67% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $3.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$43.4M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$43.2M |
| 3 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
+$38.1M |
| 4 |
GA
Glenhill Advisors
New York
|
+$34.8M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$57.7M |
| 2 |
BWCA
Brenner West Capital Advisors
New York
|
-$30.4M |
| 3 |
MP
MSD Partners
New York
|
-$25.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$19.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$17.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GMIM
151
General Motors Investment Management
New York
| – | -$298K | -18,045 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$180K | -10,839 | Closed |
|
153
Prudential Financial
Newark,
New Jersey
| – | -$175K | -10,600 | Closed |
|
|
TRCT
154
Tower Research Capital (TRC)
New York
| – | -$54.4K | -3,275 | -100% |
|
155
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -58 | Closed |
|
MEG Hedge Fund Activity: Q2 2015 in Review
130 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Media General, Inc (MEG) for Q2 2015, worth a combined $2.19B — up 4.7% from $2.09B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MEG and 22 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 52 added.
The largest buyer was JP Morgan Chase, adding an estimated $43.4M. The largest seller was Highland Capital Management (Texas), cutting an estimated $57.7M.
- 130 institutional investors held Media General, Inc (MEG) as of Q2 2015, down from 133 in Q1 2015.
- Funds reported $2.19B of Media General, Inc stock for Q2 2015, up 4.7% quarter-over-quarter.
- 22 funds opened new Media General, Inc positions in Q2 2015 and 25 closed out, a net change of -3 holders.
- The largest Media General, Inc buyer in Q2 2015 was JP Morgan Chase, an estimated $43.4M added.
- The largest Media General, Inc seller in Q2 2015 was Highland Capital Management (Texas), an estimated $57.7M sold.
Based on aggregated 13F filings for Q2 2015.