News Corp Class B
133 hedge funds and large institutions have $1.42B invested in News Corp Class B in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 34 reducing their positions, and 27 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 34
13% more capital invested
Capital invested by funds: $1.25B → $1.42B (+$164M)
7% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $10.7M
8% less funds holding
Funds holding: 144 → 133 (-11)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
33% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 27
Top Buyers
| 1 |
Pzena Investment Management
New York
|
+$32.7M |
| 2 |
Alkeon Capital Management
New York
|
+$24.3M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$21.8M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$19M |
| 5 |
MP
Manikay Partners
New York
|
+$13.9M |
Top Sellers
| 1 |
D.E. Shaw & Co
New York
|
-$38.3M |
| 2 |
EM
Elliott Management
New York
|
-$30.4M |
| 3 |
Millennium Management
New York
|
-$9.01M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$8.49M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$6.55M |
NWS Hedge Fund Activity: Q4 2013 in Review
133 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q4 2013, worth a combined $1.42B — up 13% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of NWS and 18 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 49 added.
The largest buyer was Pzena Investment Management, adding an estimated $32.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $38.3M.
- 133 institutional investors held News Corp Class B (NWS) as of Q4 2013, down from 144 in Q3 2013.
- Funds reported $1.42B of News Corp Class B stock for Q4 2013, up 13% quarter-over-quarter.
- 18 funds opened new News Corp Class B positions in Q4 2013 and 27 closed out, a net change of -9 holders.
- The largest News Corp Class B buyer in Q4 2013 was Pzena Investment Management, an estimated $32.7M added.
- The largest News Corp Class B seller in Q4 2013 was D.E. Shaw & Co, an estimated $38.3M sold.
Based on aggregated 13F filings for Q4 2013.