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9 Hedge Funds Lost $300 Million in News Corp Scandal

News Corp shares lost $2.78 during the past 5 trading days. Today, NWSA is up more than 5% so far. Despite this huge jump in price, News Corp shareholders lost nearly $2 per share. Here are the 9 hedge funds that lost $300 Million from the scandal:

Andreas Halvorsen

1. Mason Hawkins – Southeastern Asset Management: Lost around $120 Million.

2. Andreas Halvorsen – Viking Global: Lost $40 Million.

3. Seth Klarman – Baupost: Lost $38 Million

4. Boykin Curry – Eagle Capital: Lost $35 Million

5. Brookside Capital: Lost nearly $25 Million

6. Stephen Mandel – Lone Pine Capital: Lost $19 Million

7. David Stemerman – Conatus Capital: Lost $11.5 Million

8. Phill Gross – Adage Capital: Lost $10.5 Million

9. Scott Scher & Michael Prober – Clovis Capital: Lost $10 Million