Media General, Inc
MEG
MEG was delisted on the 17th of January, 2017.
154 hedge funds and large institutions have $2.33B invested in Media General, Inc in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 57 reducing their positions, and 18 closing their positions.
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
1% more funds holding
Funds holding: 152 → 154 (+2)
0% less capital invested
Capital invested by funds: $2.34B → $2.33B (-$2.19M)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
23% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 57
67% less call options, than puts
Call options by funds: $799K | Put options by funds: $2.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$34.2M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$31.3M |
| 3 |
MCM
Mason Capital Management
New York
|
+$20.1M |
| 4 |
Morgan Stanley
New York
|
+$14.9M |
| 5 |
JCI
Jet Capital Investors
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Glenhill Advisors
New York
|
-$28M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$22.5M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$17.6M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$17.6M |
| 5 |
CI
Cowen Inc
New York
|
-$16.5M |
MEG Hedge Fund Activity: Q4 2016 in Review
154 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Media General, Inc (MEG) for Q4 2016, worth a combined $2.33B — down 0.09% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MEG positions and 18 closed out — a net gain of 4 holders — while 44 added to existing stakes and 57 trimmed.
The largest buyer was Arrowgrass Capital Partners (US), opening a new position worth an estimated $34.2M. The largest seller was Glenhill Advisors, cutting an estimated $28M.
- 154 institutional investors held Media General, Inc (MEG) as of Q4 2016, up from 152 in Q3 2016.
- Funds reported $2.33B of Media General, Inc stock for Q4 2016, down 0.09% quarter-over-quarter.
- 22 funds opened new Media General, Inc positions in Q4 2016 and 18 closed out, a net change of +4 holders.
- The largest Media General, Inc buyer in Q4 2016 was Arrowgrass Capital Partners (US), an estimated $34.2M added.
- The largest Media General, Inc seller in Q4 2016 was Glenhill Advisors, an estimated $28M sold.
Based on aggregated 13F filings for Q4 2016.