Sinclair Inc
SBGI
171 hedge funds and large institutions have $567M invested in Sinclair Inc in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 45 reducing their positions, and 26 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 45
51% more call options, than puts
Call options by funds: $4.7M | Put options by funds: $3.12M
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4% more funds holding
Funds holding: 165 → 171 (+6)
2% more capital invested
Capital invested by funds: $555M → $567M (+$11.1M)
8.26% less ownership
Funds ownership: 80.38% → 72.12% (-8.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$8.72M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$6.4M |
| 3 |
BlackRock
New York
|
+$5.24M |
| 4 |
CM
Capital Management
Glen Allen,
Virginia
|
+$5.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$34.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.2M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$9.57M |
| 4 |
Renaissance Technologies
New York
|
-$6.99M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$5.93M |
SBGI Hedge Fund Activity: Q1 2023 in Review
171 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sinclair Inc (SBGI) for Q1 2023, worth a combined $567M — up 2% from $555M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SBGI positions and 26 closed out — a net gain of 7 holders — while 69 added to existing stakes and 45 trimmed.
The largest buyer was GAMCO Investors, adding an estimated $8.72M. The largest seller was Millennium Management, cutting an estimated $34.9M.
- 171 institutional investors held Sinclair Inc (SBGI) as of Q1 2023, up from 165 in Q4 2022.
- Funds reported $567M of Sinclair Inc stock for Q1 2023, up 2% quarter-over-quarter.
- 33 funds opened new Sinclair Inc positions in Q1 2023 and 26 closed out, a net change of +7 holders.
- The largest Sinclair Inc buyer in Q1 2023 was GAMCO Investors, an estimated $8.72M added.
- The largest Sinclair Inc seller in Q1 2023 was Millennium Management, an estimated $34.9M sold.
Based on aggregated 13F filings for Q1 2023.