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:
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
