News Corp Class B
191 hedge funds and large institutions have $774M invested in News Corp Class B in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 68 increasing their positions, 73 reducing their positions, and 36 closing their positions.
0.03% less ownership
Funds ownership: 28.53% → 28.5% (-0.03%)
7% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 73
11% less funds holding
Funds holding: 214 → 191 (-23)
14% less capital invested
Capital invested by funds: $903M → $774M (-$129M)
51% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $2.24M
53% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 36
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$26M |
| 2 |
Jane Street
New York
|
+$8M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.82M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.15M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.77M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$6.8M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$5.81M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$5.11M |
| 4 |
FQ
First Quadrant
Glendale,
California
|
-$4.59M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.31M |
NWS Hedge Fund Activity: Q3 2018 in Review
191 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q3 2018, worth a combined $774M — down 14% from $903M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of NWS and 17 opened new positions — a net loss of 19 holders — while 73 trimmed existing stakes and 68 added.
The largest buyer was Independent Franchise Partners, adding an estimated $26M. The largest seller was Millennium Management, exiting entirely with an estimated $6.8M sold.
- 191 institutional investors held News Corp Class B (NWS) as of Q3 2018, down from 214 in Q2 2018.
- Funds reported $774M of News Corp Class B stock for Q3 2018, down 14% quarter-over-quarter.
- 17 funds opened new News Corp Class B positions in Q3 2018 and 36 closed out, a net change of -19 holders.
- The largest News Corp Class B buyer in Q3 2018 was Independent Franchise Partners, an estimated $26M added.
- The largest News Corp Class B seller in Q3 2018 was Millennium Management, an estimated $6.8M sold.
Based on aggregated 13F filings for Q3 2018.