News Corp Class B
194 hedge funds and large institutions have $738M invested in News Corp Class B in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 72 increasing their positions, 60 reducing their positions, and 22 closing their positions.
55% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 22
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
31.31% more ownership
Funds ownership: 0% → 31.31% (+31%)
20% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 60
5% more funds holding
Funds holding: 184 → 194 (+10)
8% less capital invested
Capital invested by funds: $800M → $738M (-$62M)
15% less call options, than puts
Call options by funds: $273K | Put options by funds: $323K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$14.8M |
| 2 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$9.1M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.95M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.81M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
-$60.4M |
| 2 |
ACM
Altalis Capital Management
New York
|
-$4.55M |
| 3 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$4.11M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$4.09M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$3.66M |
NWS Hedge Fund Activity: Q4 2016 in Review
194 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q4 2016, worth a combined $738M — down 7.8% from $800M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NWS positions and 22 closed out — a net gain of 12 holders — while 72 added to existing stakes and 60 trimmed.
The largest buyer was Wells Fargo, adding an estimated $14.8M. The largest seller was International Value Advisers, cutting an estimated $60.4M.
- 194 institutional investors held News Corp Class B (NWS) as of Q4 2016, up from 184 in Q3 2016.
- Funds reported $738M of News Corp Class B stock for Q4 2016, down 7.8% quarter-over-quarter.
- 34 funds opened new News Corp Class B positions in Q4 2016 and 22 closed out, a net change of +12 holders.
- The largest News Corp Class B buyer in Q4 2016 was Wells Fargo, an estimated $14.8M added.
- The largest News Corp Class B seller in Q4 2016 was International Value Advisers, an estimated $60.4M sold.
Based on aggregated 13F filings for Q4 2016.