Warner Music
153 hedge funds and large institutions have $3.09B invested in Warner Music in 2021 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 58 increasing their positions, 38 reducing their positions, and 36 closing their positions.
225% more call options, than puts
Call options by funds: $11M | Put options by funds: $3.38M
53% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 38
3% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 36
1% more funds holding
Funds holding: 152 → 153 (+1)
8% less capital invested
Capital invested by funds: $3.35B → $3.09B (-$258M)
18.64% less ownership
Funds ownership: 99.6% → 80.96% (-19%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$84.9M |
| 2 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
+$51.3M |
| 3 |
CCM
CAAS Capital Management
New York
|
+$40.5M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$32.1M |
| 5 |
JCM
Junto Capital Management
New York
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$72.8M |
| 2 |
SPC
Slate Path Capital
New York
|
-$48.5M |
| 3 |
DCP
Darsana Capital Partners
New York
|
-$46.7M |
| 4 |
Rockefeller Capital Management
New York
|
-$43.1M |
| 5 |
XEA
XN Exponent Advisors
New York
|
-$31.4M |
WMG Hedge Fund Activity: Q1 2021 in Review
153 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Warner Music (WMG) for Q1 2021, worth a combined $3.09B — down 7.7% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new WMG positions and 36 closed out — a net gain of 1 holder — while 58 added to existing stakes and 38 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $84.9M. The largest seller was Holocene Advisors, exiting entirely with an estimated $72.8M sold.
- 153 institutional investors held Warner Music (WMG) as of Q1 2021, up from 152 in Q4 2020.
- Funds reported $3.09B of Warner Music stock for Q1 2021, down 7.7% quarter-over-quarter.
- 37 funds opened new Warner Music positions in Q1 2021 and 36 closed out, a net change of +1 holder.
- The largest Warner Music buyer in Q1 2021 was Fidelity Investments, an estimated $84.9M added.
- The largest Warner Music seller in Q1 2021 was Holocene Advisors, an estimated $72.8M sold.
Based on aggregated 13F filings for Q1 2021.