TRIBUNE MEDIA COMPANY CLASS A
TRCO
TRCO was delisted on the 18th of September, 2019.
207 hedge funds and large institutions have $3.21B invested in TRIBUNE MEDIA COMPANY CLASS A in 2018 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 69 increasing their positions, 66 reducing their positions, and 38 closing their positions.
63% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 38
12% more funds holding
Funds holding: 185 → 207 (+22)
5% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 66
3% less capital invested
Capital invested by funds: $3.32B → $3.21B (-$110M)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
31% less call options, than puts
Call options by funds: $66.7M | Put options by funds: $96.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$229M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$108M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$62.7M |
| 4 |
SFM
Soros Fund Management
New York
|
+$57.6M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$56.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$150M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$136M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$94.4M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$77.4M |
| 5 |
N
Natixis
Paris,
France
|
-$74M |
TRCO Hedge Fund Activity: Q3 2018 in Review
207 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in TRIBUNE MEDIA COMPANY CLASS A (TRCO) for Q3 2018, worth a combined $3.21B — down 3.3% from $3.32B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new TRCO positions and 38 closed out — a net gain of 24 holders — while 69 added to existing stakes and 66 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $229M. The largest seller was Pentwater Capital Management, cutting an estimated $150M.
- 207 institutional investors held TRIBUNE MEDIA COMPANY CLASS A (TRCO) as of Q3 2018, up from 185 in Q2 2018.
- Funds reported $3.21B of TRIBUNE MEDIA COMPANY CLASS A stock for Q3 2018, down 3.3% quarter-over-quarter.
- 62 funds opened new TRIBUNE MEDIA COMPANY CLASS A positions in Q3 2018 and 38 closed out, a net change of +24 holders.
- The largest TRIBUNE MEDIA COMPANY CLASS A buyer in Q3 2018 was HG Vora Capital Management, an estimated $229M added.
- The largest TRIBUNE MEDIA COMPANY CLASS A seller in Q3 2018 was Pentwater Capital Management, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2018.