News Corp Class B
225 hedge funds and large institutions have $2.18B invested in News Corp Class B in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 22 closing their positions.
82% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 22
28% more capital invested
Capital invested by funds: $1.7B → $2.18B (+$480M)
7% more funds holding
Funds holding: 211 → 225 (+14)
1.85% more ownership
Funds ownership: 42.38% → 44.22% (+1.8%)
11% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 79
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
66% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $3.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$198M |
| 2 |
Morgan Stanley
New York
|
+$26.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$21M |
| 4 |
5NCM
59 North Capital Management
Houston,
Texas
|
+$17.8M |
| 5 |
Bank of New York Mellon
New York
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$72.7M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$20.7M |
| 3 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
-$16.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$13.9M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$13M |
NWS Hedge Fund Activity: Q4 2023 in Review
225 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q4 2023, worth a combined $2.18B — up 28% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new NWS positions and 22 closed out — a net gain of 18 holders — while 70 added to existing stakes and 79 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $198M. The largest seller was Goldman Sachs, cutting an estimated $72.7M.
- 225 institutional investors held News Corp Class B (NWS) as of Q4 2023, up from 211 in Q3 2023.
- Funds reported $2.18B of News Corp Class B stock for Q4 2023, up 28% quarter-over-quarter.
- 40 funds opened new News Corp Class B positions in Q4 2023 and 22 closed out, a net change of +18 holders.
- The largest News Corp Class B buyer in Q4 2023 was Starboard Value, an estimated $198M added.
- The largest News Corp Class B seller in Q4 2023 was Goldman Sachs, an estimated $72.7M sold.
Based on aggregated 13F filings for Q4 2023.