Media General, Inc
MEG
MEG was delisted on the 17th of January, 2017.
162 hedge funds and large institutions have $2.2B invested in Media General, Inc in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 62 increasing their positions, 46 reducing their positions, and 24 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 46
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
2% more capital invested
Capital invested by funds: $2.15B → $2.2B (+$43.5M)
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
2% less funds holding
Funds holding: 165 → 162 (-3)
79% less call options, than puts
Call options by funds: $686K | Put options by funds: $3.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
+$37M |
| 2 |
GP
GLG Partners
London,
United Kingdom
|
+$28.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$28.2M |
| 4 |
WIC
Water Island Capital
New York
|
+$16.5M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Standard General
New York
|
-$74.4M |
| 2 |
JRM
John R. Muse
|
-$32.5M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$19.1M |
| 4 |
Bank of New York Mellon
New York
|
-$16.1M |
| 5 |
CPM
Chesapeake Partners Management
Baltimore,
Maryland
|
-$13.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAS
176
Cue Advisory Services
Phoenix,
Arizona
| – | -$240K | -14,714 | Closed |
|
|
SEC
177
Seven Eight Capital
New York
| – | -$154K | -9,457 | Closed |
|
178
SG Americas Securities
New York
| – | -$141K | -8,654 | Closed |
|
|
ST
179
Spot Trading
Chicago,
Illinois
| – | -$118K | -7,252 | Closed |
|
|
FFC
180
First Financial Corp
Terre Haute,
Indiana
| – | -$50K | -3,089 | Closed |
|
|
LCM
181
Laurion Capital Management
New York
| – | -$20K | -1,236 | Closed |
|
|
TRCT
182
Tower Research Capital (TRC)
New York
| – | -$18K | -1,100 | Closed |
|
|
FAM
183
Formidable Asset Management
Cincinnati,
Ohio
| – | -$12K | -735 | Closed |
|
184
Group One Trading
Chicago,
Illinois
| – | -$10.3K | -597 | Closed |
|
|
AIM
185
Acrospire Investment Management
Chicago,
Illinois
| – | -$3K | -159 | Closed |
|
|
QCG
186
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -75 | Closed |
|
MEG Hedge Fund Activity: Q2 2016 in Review
162 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Media General, Inc (MEG) for Q2 2016, worth a combined $2.2B — up 2% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MEG and 22 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 62 added.
The largest buyer was Hound Partners, opening a new position worth an estimated $37M. The largest seller was Standard General, cutting an estimated $74.4M.
- 162 institutional investors held Media General, Inc (MEG) as of Q2 2016, down from 165 in Q1 2016.
- Funds reported $2.2B of Media General, Inc stock for Q2 2016, up 2% quarter-over-quarter.
- 22 funds opened new Media General, Inc positions in Q2 2016 and 24 closed out, a net change of -2 holders.
- The largest Media General, Inc buyer in Q2 2016 was Hound Partners, an estimated $37M added.
- The largest Media General, Inc seller in Q2 2016 was Standard General, an estimated $74.4M sold.
Based on aggregated 13F filings for Q2 2016.