Media General, Inc
MEG
MEG was delisted on the 17th of January, 2017.
165 hedge funds and large institutions have $2.15B invested in Media General, Inc in 2016 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 51 increasing their positions, 53 reducing their positions, and 32 closing their positions.
91% more call options, than puts
Call options by funds: $2.36M | Put options by funds: $1.24M
31% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 32
6% more funds holding
Funds holding: 156 → 165 (+9)
3% more capital invested
Capital invested by funds: $2.09B → $2.15B (+$59.9M)
4% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 53
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCI
Jet Capital Investors
New York
|
+$77.4M |
| 2 |
GA
Glenhill Advisors
New York
|
+$57.6M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$56.6M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$50.3M |
| 5 |
CC
Coastland Capital
Palo Alto,
California
|
+$43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Standard General
New York
|
-$113M |
| 2 |
SV
Starboard Value
New York
|
-$88.9M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$43.7M |
| 4 |
Neuberger Berman Group
New York
|
-$39.8M |
| 5 |
O
OppenheimerFunds
New York
|
-$37.9M |
MEG Hedge Fund Activity: Q1 2016 in Review
165 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Media General, Inc (MEG) for Q1 2016, worth a combined $2.15B — up 2.9% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MEG positions and 32 closed out — a net gain of 10 holders — while 51 added to existing stakes and 53 trimmed.
The largest buyer was Jet Capital Investors, opening a new position worth an estimated $77.4M. The largest seller was Standard General, cutting an estimated $113M.
- 165 institutional investors held Media General, Inc (MEG) as of Q1 2016, up from 156 in Q4 2015.
- Funds reported $2.15B of Media General, Inc stock for Q1 2016, up 2.9% quarter-over-quarter.
- 42 funds opened new Media General, Inc positions in Q1 2016 and 32 closed out, a net change of +10 holders.
- The largest Media General, Inc buyer in Q1 2016 was Jet Capital Investors, an estimated $77.4M added.
- The largest Media General, Inc seller in Q1 2016 was Standard General, an estimated $113M sold.
Based on aggregated 13F filings for Q1 2016.