Sinclair Inc
SBGI
234 hedge funds and large institutions have $2.77B invested in Sinclair Inc in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 91 increasing their positions, 74 reducing their positions, and 47 closing their positions.
44% more call options, than puts
Call options by funds: $124M | Put options by funds: $85.9M
23% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 74
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
5.05% more ownership
Funds ownership: 109.29% → 114.34% (+5%)
0% less capital invested
Capital invested by funds: $2.77B → $2.77B (-$6.35M)
6% less funds holding
Funds holding: 249 → 234 (-15)
26% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$70.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$29.4M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$24M |
| 5 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$49.8M |
| 2 |
JP Morgan Chase
New York
|
-$31M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$26.6M |
| 4 |
Two Sigma Investments
New York
|
-$24.7M |
| 5 |
MCM
Mason Capital Management
New York
|
-$19.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
276
Invictus RG
Hamilton,
Bermuda
| – | -$10K | -315 | Closed |
|
|
NFG
277
Next Financial Group
Houston,
Texas
| – | -$10K | -300 | Closed |
|
|
FMII
278
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$7K | -207 | Closed |
|
|
PFO
279
Pathstone Family Office
Englewood,
New Jersey
| – | -$7K | -200 | Closed |
|
280
AssetMark Inc
Concord,
California
| – | -$2K | -57 | Closed |
|
|
SMG
281
Spectrum Management Group
Indianapolis,
Indiana
| – | +$376 | +12 | New |
|
SBGI Hedge Fund Activity: Q3 2017 in Review
234 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Sinclair Inc (SBGI) for Q3 2017, worth a combined $2.77B — down 0.23% from $2.77B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of SBGI and 35 opened new positions — a net loss of 12 holders — while 74 trimmed existing stakes and 91 added.
The largest buyer was HG Vora Capital Management, adding an estimated $70.5M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $49.8M sold.
- 234 institutional investors held Sinclair Inc (SBGI) as of Q3 2017, down from 249 in Q2 2017.
- Funds reported $2.77B of Sinclair Inc stock for Q3 2017, down 0.23% quarter-over-quarter.
- 35 funds opened new Sinclair Inc positions in Q3 2017 and 47 closed out, a net change of -12 holders.
- The largest Sinclair Inc buyer in Q3 2017 was HG Vora Capital Management, an estimated $70.5M added.
- The largest Sinclair Inc seller in Q3 2017 was Renaissance Technologies, an estimated $49.8M sold.
Based on aggregated 13F filings for Q3 2017.