News Corp Class B
193 hedge funds and large institutions have $771M invested in News Corp Class B in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 79 increasing their positions, 51 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
55% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 51
5% more funds holding
Funds holding: 183 → 193 (+10)
0.31% less ownership
Funds ownership: 28.61% → 28.3% (-0.31%)
5% less capital invested
Capital invested by funds: $808M → $771M (-$36.6M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.79M |
| 2 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$3.54M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.6M |
| 4 |
BlackRock
New York
|
+$1.53M |
| 5 |
Renaissance Technologies
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.43M |
| 2 |
MME
Meag Munich Ergo
Munich,
Germany
|
-$2.53M |
| 3 |
TCM
Tensile Capital Management
Larkspur,
California
|
-$2.32M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$2.27M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$2.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$125 | +9 | New |
|
|
PA
202
Parallel Advisors
San Francisco,
California
| – | +$167 | +12 | New |
|
203
Daiwa Securities Group
Tokyo,
Japan
| – | +$320 | +23 | New |
|
|
ZB
204
Zions Bancorporation
Salt Lake City,
Utah
| – | +$362 | +26 | New |
|
NWS Hedge Fund Activity: Q3 2017 in Review
193 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q3 2017, worth a combined $771M — down 4.5% from $808M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NWS positions and 14 closed out — a net gain of 13 holders — while 79 added to existing stakes and 51 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $3.79M. The largest seller was Wells Fargo, cutting an estimated $3.43M.
- 193 institutional investors held News Corp Class B (NWS) as of Q3 2017, up from 183 in Q2 2017.
- Funds reported $771M of News Corp Class B stock for Q3 2017, down 4.5% quarter-over-quarter.
- 27 funds opened new News Corp Class B positions in Q3 2017 and 14 closed out, a net change of +13 holders.
- The largest News Corp Class B buyer in Q3 2017 was Assenagon Asset Management, an estimated $3.79M added.
- The largest News Corp Class B seller in Q3 2017 was Wells Fargo, an estimated $3.43M sold.
Based on aggregated 13F filings for Q3 2017.