Warner Music
120 hedge funds and large institutions have $2.35B invested in Warner Music in 2020 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 42 increasing their positions, 25 reducing their positions, and 35 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 25
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
2% more funds holding
Funds holding: 118 → 120 (+2)
6% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 35
2% more capital invested
Capital invested by funds: $2.3B → $2.35B (+$52.7M)
18.86% less ownership
Funds ownership: 111.18% → 92.32% (-19%)
71% less call options, than puts
Call options by funds: $12.3M | Put options by funds: $42.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$69.3M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$58.7M |
| 3 |
DCP
Darsana Capital Partners
New York
|
+$39.8M |
| 4 |
SEP
Soma Equity Partners
San Francisco,
California
|
+$32.1M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$40.2M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
-$30.8M |
| 3 |
BC
Brahman Capital
New York
|
-$29.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.3M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$19.2M |
WMG Hedge Fund Activity: Q3 2020 in Review
120 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Warner Music (WMG) for Q3 2020, worth a combined $2.35B — up 2.3% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new WMG positions and 35 closed out — a net gain of 2 holders — while 42 added to existing stakes and 25 trimmed.
The largest buyer was Sculptor Capital, adding an estimated $69.3M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $40.2M sold.
- 120 institutional investors held Warner Music (WMG) as of Q3 2020, up from 118 in Q2 2020.
- Funds reported $2.35B of Warner Music stock for Q3 2020, up 2.3% quarter-over-quarter.
- 37 funds opened new Warner Music positions in Q3 2020 and 35 closed out, a net change of +2 holders.
- The largest Warner Music buyer in Q3 2020 was Sculptor Capital, an estimated $69.3M added.
- The largest Warner Music seller in Q3 2020 was Jericho Capital Asset Management, an estimated $40.2M sold.
Based on aggregated 13F filings for Q3 2020.