News Corp Class B
183 hedge funds and large institutions have $747M invested in News Corp Class B in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 68 increasing their positions, 61 reducing their positions, and 16 closing their positions.
3,600% more call options, than puts
Call options by funds: $333K | Put options by funds: $9K
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
11% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 61
3% more funds holding
Funds holding: 177 → 183 (+6)
16% less capital invested
Capital invested by funds: $884M → $747M (-$137M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$8.25M |
| 2 |
Renaissance Technologies
New York
|
+$4.17M |
| 3 |
MME
Meag Munich Ergo
Munich,
Germany
|
+$3.79M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$2.49M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$29.4M |
| 2 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
-$24.2M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$5.65M |
| 4 |
IVA
International Value Advisers
|
-$3.33M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.68M |
NWS Hedge Fund Activity: Q2 2016 in Review
183 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q2 2016, worth a combined $747M — down 16% from $884M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NWS positions and 16 closed out — a net gain of 8 holders — while 68 added to existing stakes and 61 trimmed.
The largest buyer was Macquarie Group, adding an estimated $8.25M. The largest seller was Pzena Investment Management, cutting an estimated $29.4M.
- 183 institutional investors held News Corp Class B (NWS) as of Q2 2016, up from 177 in Q1 2016.
- Funds reported $747M of News Corp Class B stock for Q2 2016, down 16% quarter-over-quarter.
- 24 funds opened new News Corp Class B positions in Q2 2016 and 16 closed out, a net change of +8 holders.
- The largest News Corp Class B buyer in Q2 2016 was Macquarie Group, an estimated $8.25M added.
- The largest News Corp Class B seller in Q2 2016 was Pzena Investment Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q2 2016.