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."

SAC Capital Boosts Sinclair Broadcast Group Stake, Discloses LIN Media Position

Steve Cohen's hedge fund firm SAC Capital filed 2 separate 13G's with the SEC regarding two positions.


Sinclair Broadcast Group (SBGI)

Per a 13G, SAC has boosted its stake in Sinclair Broadcast Group (SBGI) by 159% since the end of the first quarter.  They now own 5.2% of the company with 3,850,741 shares.  The filing was required due to portfolio activity on August 9th.

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."

You will see a bit of a theme with SAC's recent portfolio activity with their other purchase below:


LIN Media (LIN)

SAC has disclosed a 5.1% ownership stake in LIN Media with 1,701,054 shares.  The filing was made due to portfolio activity on August 9th.

LIN Media recently completed its merger with LIN TV Corp.

According to the company, LIN Media is "a local multimedia company that operates or services 43 television stations and seven digital channels in 23 U.S. markets, and a diverse portfolio of websites, apps and mobile products that make it more convenient to access its unique and relevant content on multiple screens."

We've also highlighted some more of SAC Capital's recent portfolio activity here.