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News Corp Class B

186 hedge funds and large institutions have $873M invested in News Corp Class B in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 74 increasing their positions, 53 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 53

19% more capital invested

Capital invested by funds: $735M → $873M (+$138M)

1.89% more ownership

Funds ownership: 29.47%31.36% (+1.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less funds holding

Funds holding: 200186 (-14)

37% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 27

Holders
186
Holders Change
-14
Holders Change %
-7%
% of All Funds
4.04%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
74
Reduced
53
Closed
27
Calls
$17K
Puts
Net Calls
+$17K
Net Calls Change
+$364K
Name Holding Trade Value Shares
Change
Change in
Stake
SL
1
SOF Ltd
Cayman Islands
$137M
IFP
2
Independent Franchise Partners
United Kingdom
$128M +$46.1M +3,710,115 +68%
BlackRock
3
BlackRock
New York
$99.5M +$6.47M +520,465 +8%
State Street
4
State Street
Massachusetts
$58.5M +$1.19M +95,732 +2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$56.5M -$1.26M -101,034 -2%
SCM
6
Sterling Capital Management
North Carolina
$44.4M -$77K -6,195 -0.2%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$42.4M +$5.73M +460,587 +18%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$27.1M +$2.86M +230,056 +13%
Northern Trust
9
Northern Trust
Illinois
$16.8M +$424K +34,090 +3%
Norges Bank
10
Norges Bank
Norway
$16.5M
Invesco
11
Invesco
Georgia
$16.3M +$1.69M +135,790 +13%
Franklin Resources
12
Franklin Resources
California
$15.2M -$1.79K -144 -0%
State of Wisconsin Investment Board
13
State of Wisconsin Investment Board
Wisconsin
$12.1M -$5.73M -461,009 -35%
Renaissance Technologies
14
Renaissance Technologies
New York
$11.1M +$4.1M +329,460 +70%
Charles Schwab
15
Charles Schwab
California
$11.1M +$234K +18,819 +2%
TCM
16
Tensile Capital Management
California
$10.6M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$10.5M +$375K +30,199 +4%
Thrivent Financial for Lutherans
18
Thrivent Financial for Lutherans
Minnesota
$10.1M -$175K -14,094 -2%
Goldman Sachs
19
Goldman Sachs
New York
$7.49M +$577K +46,376 +9%
Legal & General Group
20
Legal & General Group
United Kingdom
$6.59M -$105K -8,408 -2%
N
21
Nuveen
North Carolina
$5.22M +$3.7M +297,930 +390%
Barclays
22
Barclays
United Kingdom
$5.06M -$2.43M -195,738 -35%
CC
23
CQS Cayman
Cayman Islands
$4.8M -$5.47M -440,182 -56%
Bank of America
24
Bank of America
North Carolina
$4.53M -$1.35M -108,257 -25%
GI
25
GAMCO Investors
Connecticut
$4.48M -$74.1K -5,963 -2%

NWS Hedge Fund Activity: Q2 2019 in Review

186 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in News Corp Class B (NWS) for Q2 2019, worth a combined $873M — up 19% from $735M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NWS and 17 opened new positions — a net loss of 10 holders — while 53 trimmed existing stakes and 74 added.

The largest buyer was Independent Franchise Partners, adding an estimated $46.1M. The largest seller was State of Wisconsin Investment Board, cutting an estimated $5.73M.

  • 186 institutional investors held News Corp Class B (NWS) as of Q2 2019, down from 200 in Q1 2019.
  • Funds reported $873M of News Corp Class B stock for Q2 2019, up 19% quarter-over-quarter.
  • 17 funds opened new News Corp Class B positions in Q2 2019 and 27 closed out, a net change of -10 holders.
  • The largest News Corp Class B buyer in Q2 2019 was Independent Franchise Partners, an estimated $46.1M added.
  • The largest News Corp Class B seller in Q2 2019 was State of Wisconsin Investment Board, an estimated $5.73M sold.

Based on aggregated 13F filings for Q2 2019.