Spanish Broadcasting System Inc.
SBSA
SBSA was delisted on the 18th of January, 2017.
23 hedge funds and large institutions have $8.52M invested in Spanish Broadcasting System Inc. in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 4 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
69% more capital invested
Capital invested by funds: $5.05M → $8.52M (+$3.46M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 24 → 23 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kellner Capital
New York
|
+$347K |
| 2 |
TI
Telemetry Investments
New York
|
+$70.6K |
| 3 |
BP
BBR Partners
New York
|
+$32.7K |
| 4 |
CIG
Candlewood Investment Group
Rye,
New York
|
+$27.1K |
| 5 |
Renaissance Technologies
New York
|
+$8.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIA
Phoenix Investment Adviser
New York
|
-$107K |
| 2 |
WCM
Waterstone Capital Management
St. Louis Park,
Minnesota
|
-$45K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$11K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Creative Planning
Overland Park,
Kansas
| – | -$7K | -2,540 | Closed |
|
SBSA Hedge Fund Activity: Q1 2015 in Review
23 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Spanish Broadcasting System Inc. (SBSA) for Q1 2015, worth a combined $8.52M — up 69% from $5.05M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SBSA and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 5 added.
The largest buyer was Kellner Capital, opening a new position worth an estimated $347K. The largest seller was Phoenix Investment Adviser, exiting entirely with an estimated $107K sold.
- 23 institutional investors held Spanish Broadcasting System Inc. (SBSA) as of Q1 2015, down from 24 in Q4 2014.
- Funds reported $8.52M of Spanish Broadcasting System Inc. stock for Q1 2015, up 69% quarter-over-quarter.
- 3 funds opened new Spanish Broadcasting System Inc. positions in Q1 2015 and 4 closed out, a net change of -1 holder.
- The largest Spanish Broadcasting System Inc. buyer in Q1 2015 was Kellner Capital, an estimated $347K added.
- The largest Spanish Broadcasting System Inc. seller in Q1 2015 was Phoenix Investment Adviser, an estimated $107K sold.
Based on aggregated 13F filings for Q1 2015.