News Corp Class B (NWS)

• Market cap: $17.4B
• 1 day: 0.79%
• 5 days: -2.51%
• 1 month: -3.12%
• 3 months: 10.91%
• 6 months: 11.60%
• Year to date: 19.88%
• 1 year: 25.46%
• 5 years: 114.54%
• 10 years: 108.14%
• Sector: Materials
• Industry: Newspapers

About: News Corporation is a diversified media conglomerate with significant presence in the us, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. The company also has a strong presence in the Australian subscription video market through 65%-owned Foxtel, and streaming platforms such as sport-focused Kayo and entertainment-focused Binge. Its 61%-owned REA Group is the dominant property listings business in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable us digital property advertising business, Move.

Employees: 23,900

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

563% more call options, than puts

Call options by funds: $53K | Put options by funds: $8K

33% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]

13% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 93

3% less capital invested

Capital invested by funds: $2.42B [Q2] → $2.35B (-$64M) [Q3]

2% less funds holding

Funds holding: 280 [Q2] → 275 (-5) [Q3]

8.3% less ownership

Funds ownership: 52.51% [Q2] → 44.21% (-8.3%) [Q3]

13% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 39