Hoplite Capital Discloses Sinclair Broadcast Group Stake ~ market folly

Tuesday, July 8, 2014

Hoplite Capital Discloses Sinclair Broadcast Group Stake

John Lykouretzos' hedge fund Hoplite Capital has filed a 13G with the SEC regarding shares of Sinclair Broadcast Group (SBGI).  Per the filing, Hoplite now owns 5.2% of the company with over 6 million shares.

This is a newly disclosed equity position for the hedge fund and the filing was made due to activity on June 25th.  You can view other portfolio activity from Hoplite here.

Per Google Finance, Sinclair Broadcast Group is a "diversified television broadcasting company. The Company owns or provides certain programming, operating or sales services to more television stations."


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