News Corp Class B
200 hedge funds and large institutions have $735M invested in News Corp Class B in 2019 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 83 increasing their positions, 59 reducing their positions, and 22 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 59
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
11% more capital invested
Capital invested by funds: $660M → $735M (+$75.5M)
2% more funds holding
Funds holding: 196 → 200 (+4)
1.31% more ownership
Funds ownership: 28.16% → 29.47% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $347K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$19.6M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$16.7M |
| 3 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$10M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.91M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
-$43.6M |
| 2 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
-$11.1M |
| 3 |
TCM
Tensile Capital Management
Larkspur,
California
|
-$4.79M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$3.55M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$3.15M |
NWS Hedge Fund Activity: Q1 2019 in Review
200 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q1 2019, worth a combined $735M — up 11% from $660M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NWS positions and 22 closed out — a net gain of 5 holders — while 83 added to existing stakes and 59 trimmed.
The largest buyer was Independent Franchise Partners, adding an estimated $19.6M. The largest seller was International Value Advisers, exiting entirely with an estimated $43.6M sold.
- 200 institutional investors held News Corp Class B (NWS) as of Q1 2019, up from 196 in Q4 2018.
- Funds reported $735M of News Corp Class B stock for Q1 2019, up 11% quarter-over-quarter.
- 27 funds opened new News Corp Class B positions in Q1 2019 and 22 closed out, a net change of +5 holders.
- The largest News Corp Class B buyer in Q1 2019 was Independent Franchise Partners, an estimated $19.6M added.
- The largest News Corp Class B seller in Q1 2019 was International Value Advisers, an estimated $43.6M sold.
Based on aggregated 13F filings for Q1 2019.