Christian Leone‘s Luxor Capital Group has trimmed its position in Hemisphere Media Group Inc (NASDAQ:HMTV), according to a recent 13D filing with the US Securities and Exchange Commission. Luxor reported holding close to 4.05 million shares of Hemispher Media Group, which represent 25.9% of the company’s outstanding stock. The filing showed that Luxor unloaded a total of 1.0 million shares in two transactions at a price of $13.10 per unit.
Among the funds tracked by Insider Monkey, at the end of 2015, a total of seven investors were long the stock. Luxor held the largest position among these invetors, followed by Jonathan Lennon’s Pleasant Lake Partners, with a $33.3 million position reported in its last 13F filing. Other hedge funds and institutional investors that are bullish contain Debra Fine’s Fine Capital Partners, and Jim Simons’ Renaissance Technologies.
On the other hand, several investors unloaded their entire stakes in Hemisphere Media Group Inc (NASDAQ:HMTV) during the last three months of 2015. Among them, Charles Davidson’s Wexford Capital unloaded its entire position, valued at $8.2 million, while Anand Parekh’s fund, Alyeska Investment Group, also dumped its stock, about $3.9 million worth.
You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Luxor Capital Partners | 0 | 1,204,349 | 0 | 1,204,349 | 1,204,349 | 7.7% |
| Luxor Wavefront | 0 | 834,922 | 0 | 834,922 | 834,922 | 5.3% |
| Luxor Capital Partners Offshore Master Fund | 0 | 1,874,616 | 0 | 1,874,616 | 1,874,616 | 12.0% |
| Luxor Capital Partners Offshore, Ltd | 0 | 1,874,616 | 0 | 1,874,616 | 1,874,616 | 12.0% |
| Thebes Offshore Master Fund | 0 | 75,601 | 0 | 75,601 | 75,601 | Less than 1% |
| Thebes Partners Offshore, Ltd | 0 | 75,601 | 0 | 75,601 | 75,601 | Less than 1% |
| LCG Holdings | 0 | 3,989,488 | 0 | 3,989,488 | 3,989,488 | 25.5% |
| Luxor Capital Group | 0 | 4,045,179 | 0 | 4,045,179 | 4,045,179 | 25.9% |
| Luxor Management | 0 | 4,045,179 | 0 | 4,045,179 | 4,045,179 | 25.9% |
| Christian Leone | 0 | 4,045,179 | 0 | 4,045,179 | 4,045,179 | 25.9% |