Sinclair Inc
SBGI
200 hedge funds and large institutions have $908M invested in Sinclair Inc in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 58 increasing their positions, 77 reducing their positions, and 79 closing their positions.
242% more call options, than puts
Call options by funds: $31.1M | Put options by funds: $9.11M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
6.46% less ownership
Funds ownership: 90.9% → 84.44% (-6.5%)
17% less funds holding
Funds holding: 242 → 200 (-42)
25% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 77
47% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 79
55% less capital invested
Capital invested by funds: $2.03B → $908M (-$1.12B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$95.8M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$45.5M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$44.9M |
| 4 |
CM
Conifer Management
New York
|
+$43M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$39.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$152M |
| 2 |
Renaissance Technologies
New York
|
-$56.4M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$47.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$38.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$33.7M |
SBGI Hedge Fund Activity: Q1 2020 in Review
200 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Sinclair Inc (SBGI) for Q1 2020, worth a combined $908M — down 55% from $2.03B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of SBGI and 42 opened new positions — a net loss of 37 holders — while 77 trimmed existing stakes and 58 added.
The largest buyer was Goldman Sachs, adding an estimated $95.8M. The largest seller was Fidelity Investments, cutting an estimated $152M.
- 200 institutional investors held Sinclair Inc (SBGI) as of Q1 2020, down from 242 in Q4 2019.
- Funds reported $908M of Sinclair Inc stock for Q1 2020, down 55% quarter-over-quarter.
- 42 funds opened new Sinclair Inc positions in Q1 2020 and 79 closed out, a net change of -37 holders.
- The largest Sinclair Inc buyer in Q1 2020 was Goldman Sachs, an estimated $95.8M added.
- The largest Sinclair Inc seller in Q1 2020 was Fidelity Investments, an estimated $152M sold.
Based on aggregated 13F filings for Q1 2020.