Sinclair Inc
SBGI
162 hedge funds and large institutions have $386M invested in Sinclair Inc in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 39 closing their positions.
0.94% less ownership
Funds ownership: 72.12% → 71.18% (-0.94%)
5% less funds holding
Funds holding: 171 → 162 (-9)
11% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 55
15% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 39
32% less capital invested
Capital invested by funds: $567M → $386M (-$181M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
83% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $61.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$8.71M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.09M |
| 3 |
Morgan Stanley
New York
|
+$3.55M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.46M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$65M |
| 2 |
BlackRock
New York
|
-$19.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19M |
| 4 |
HPCM
Hein Park Capital Management
New York
|
-$12.4M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$11.1M |
SBGI Hedge Fund Activity: Q2 2023 in Review
162 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Sinclair Inc (SBGI) for Q2 2023, worth a combined $386M — down 32% from $567M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SBGI and 33 opened new positions — a net loss of 6 holders — while 55 trimmed existing stakes and 49 added.
The largest buyer was GAMCO Investors, adding an estimated $8.71M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $65M sold.
- 162 institutional investors held Sinclair Inc (SBGI) as of Q2 2023, down from 171 in Q1 2023.
- Funds reported $386M of Sinclair Inc stock for Q2 2023, down 32% quarter-over-quarter.
- 33 funds opened new Sinclair Inc positions in Q2 2023 and 39 closed out, a net change of -6 holders.
- The largest Sinclair Inc buyer in Q2 2023 was GAMCO Investors, an estimated $8.71M added.
- The largest Sinclair Inc seller in Q2 2023 was Contrarius Investment Management, an estimated $65M sold.
Based on aggregated 13F filings for Q2 2023.