Media General, Inc
MEG
MEG was delisted on the 17th of January, 2017.
136 hedge funds and large institutions have $1.89B invested in Media General, Inc in 2015 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 22 closing their positions.
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
21% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $11.4M
18% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 39
5% more funds holding
Funds holding: 130 → 136 (+6)
13% less capital invested
Capital invested by funds: $2.19B → $1.89B (-$295M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$72.6M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$36.8M |
| 3 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
+$22.7M |
| 4 |
TAL
TIG Advisors LLC
New York
|
+$21.9M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDSL
M.D. Sass LLC
New York
|
-$46.7M |
| 2 |
GC
GW Capital
Bellevue,
Washington
|
-$23.4M |
| 3 |
RCM
Roystone Capital Management
New York
|
-$20.1M |
| 4 |
ICM
Ionic Capital Management
New York
|
-$19.5M |
| 5 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$15.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JMPWA
151
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$241K | -14,564 | Closed |
|
152
KeyBank National Association
Cleveland,
Ohio
| – | -$201K | -12,148 | Closed |
|
153
ProShare Advisors
Bethesda,
Maryland
| – | -$200K | -12,093 | Closed |
|
|
VKH
154
Virtu KCG Holdings
New York
| – | -$184K | -11,150 | Closed |
|
|
QT
155
Quantbot Technologies
New York
| – | -$172K | -10,451 | Closed |
|
|
PCM
156
Prelude Capital Management
New York
| – | -$162K | -9,800 | Closed |
|
157
Lazard Asset Management
New York
| – | -$60K | -3,685 | Closed |
|
|
PAM
158
Paradigm Asset Management
New York
| – | -$51.7K | -3,131 | Closed |
|
MEG Hedge Fund Activity: Q3 2015 in Review
136 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Media General, Inc (MEG) for Q3 2015, worth a combined $1.89B — down 13% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MEG positions and 22 closed out — a net gain of 8 holders — while 46 added to existing stakes and 39 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $72.6M. The largest seller was M.D. Sass LLC, cutting an estimated $46.7M.
- 136 institutional investors held Media General, Inc (MEG) as of Q3 2015, up from 130 in Q2 2015.
- Funds reported $1.89B of Media General, Inc stock for Q3 2015, down 13% quarter-over-quarter.
- 30 funds opened new Media General, Inc positions in Q3 2015 and 22 closed out, a net change of +8 holders.
- The largest Media General, Inc buyer in Q3 2015 was Starboard Value, an estimated $72.6M added.
- The largest Media General, Inc seller in Q3 2015 was M.D. Sass LLC, an estimated $46.7M sold.
Based on aggregated 13F filings for Q3 2015.