Media General, Inc
MEG
MEG was delisted on the 17th of January, 2017.
152 hedge funds and large institutions have $2.34B invested in Media General, Inc in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 24 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
6% more capital invested
Capital invested by funds: $2.2B → $2.34B (+$140M)
6% less funds holding
Funds holding: 162 → 152 (-10)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
68% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $3.59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
+$117M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$45.3M |
| 3 |
MCM
Mason Capital Management
New York
|
+$36.6M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$26.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$59.7M |
| 2 |
SG
Standard General
New York
|
-$55.6M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$32.9M |
| 4 |
JRM
John R. Muse
|
-$27.8M |
| 5 |
Neuberger Berman Group
New York
|
-$19.5M |
MEG Hedge Fund Activity: Q3 2016 in Review
152 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Media General, Inc (MEG) for Q3 2016, worth a combined $2.34B — up 6.4% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MEG and 15 opened new positions — a net loss of 9 holders — while 48 trimmed existing stakes and 54 added.
The largest buyer was Hound Partners, adding an estimated $117M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $59.7M sold.
- 152 institutional investors held Media General, Inc (MEG) as of Q3 2016, down from 162 in Q2 2016.
- Funds reported $2.34B of Media General, Inc stock for Q3 2016, up 6.4% quarter-over-quarter.
- 15 funds opened new Media General, Inc positions in Q3 2016 and 24 closed out, a net change of -9 holders.
- The largest Media General, Inc buyer in Q3 2016 was Hound Partners, an estimated $117M added.
- The largest Media General, Inc seller in Q3 2016 was Berkshire Hathaway, an estimated $59.7M sold.
Based on aggregated 13F filings for Q3 2016.