Sinclair Inc
SBGI
223 hedge funds and large institutions have $2.6B invested in Sinclair Inc in 2018 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 68 reducing their positions, and 36 closing their positions.
46% more call options, than puts
Call options by funds: $97.6M | Put options by funds: $66.9M
3% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 68
0% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 36
1% less funds holding
Funds holding: 225 → 223 (-2)
5% less capital invested
Capital invested by funds: $2.74B → $2.6B (-$139M)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
9.64% less ownership
Funds ownership: 114.76% → 105.12% (-9.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$77M |
| 2 |
OA
Omega Advisors
New York
|
+$22.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$20.6M |
| 4 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$19M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$93.8M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$89.5M |
| 3 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$44.9M |
| 4 |
GA
Glenhill Advisors
New York
|
-$33.4M |
| 5 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
-$29.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
251
Clinton Group
New York
| – | -$211K | -6,739 | Closed |
|
|
KF
252
Krilogy Financial
St. Louis,
Missouri
| – | -$66K | -2,100 | Closed |
|
|
PCP
253
Proficio Capital Partners
Newton,
Massachusetts
| – | -$35K | -1,110 | Closed |
|
|
FPFS
254
First Personal Financial Services
Charlotte,
North Carolina
| – | -$20K | -648 | Closed |
|
|
HNB
255
Huntington National Bank
Columbus,
Ohio
| – | -$16K | -500 | Closed |
|
|
CIP
256
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$6K | -206 | Closed |
|
|
ML
257
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$2K | -60 | Closed |
|
|
GWS
258
Glassman Wealth Services
Vienna,
Virginia
| – | +$239 | +8 | New |
|
259
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$359 | +12 | New |
|
SBGI Hedge Fund Activity: Q2 2018 in Review
223 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Sinclair Inc (SBGI) for Q2 2018, worth a combined $2.6B — down 5.1% from $2.74B a quarter earlier.
Fund positioning in SBGI was balanced in Q2 2018: 36 funds opened new positions, 36 closed out, 70 added to existing stakes and 68 trimmed.
The largest buyer was Baupost Group, opening a new position worth an estimated $77M. The largest seller was Fidelity Investments, cutting an estimated $93.8M.
- 223 institutional investors held Sinclair Inc (SBGI) as of Q2 2018, down from 225 in Q1 2018.
- Funds reported $2.6B of Sinclair Inc stock for Q2 2018, down 5.1% quarter-over-quarter.
- 36 funds opened new Sinclair Inc positions in Q2 2018 and 36 closed out, a net change of 0 holders.
- The largest Sinclair Inc buyer in Q2 2018 was Baupost Group, an estimated $77M added.
- The largest Sinclair Inc seller in Q2 2018 was Fidelity Investments, an estimated $93.8M sold.
Based on aggregated 13F filings for Q2 2018.