News Corp Class B
183 hedge funds and large institutions have $739M invested in News Corp Class B in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 67 increasing their positions, 62 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
3% more funds holding
Funds holding: 177 → 183 (+6)
8% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 62
18% less capital invested
Capital invested by funds: $896M → $739M (-$157M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.17M |
| 2 |
MME
Meag Munich Ergo
Munich,
Germany
|
+$3.79M |
| 3 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$2.49M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.26M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$1.83M |
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 3,756 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q2 2016, worth a combined $739M — down 18% from $896M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NWS positions and 16 closed out — a net gain of 8 holders — while 67 added to existing stakes and 62 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $4.17M. 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 $739M of News Corp Class B stock for Q2 2016, down 18% 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 Renaissance Technologies, an estimated $4.17M 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.