Global Media & Entertainment Investments Ltd

Fundamental diversified ★Signal communications specialist (100%) CIK 1843670
Long book
$53.0M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+50.0%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Global Media & Entertainment Investments Ltd is a diversified fundamental manager, specialised in communications (100% of the long book), running a $53.0M US long book across 1 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: IHEARTMEDIA INC.

Over the last 9 quarters its long book ran on average 11.9pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-47.8%
Q2 2024
+69.7%
Q3 2024
+7.0%
Q4 2024
-16.7%
Q1 2025
+6.7%
Q2 2025
+63.1%
Q3 2025
+44.9%
Q4 2025
-29.8%
Q1 2026
+50.0%

Sector allocation

Communications
100%

Long book by quarter

$37.9M
Q1 2024
$19.8M
Q2 2024
$33.6M
Q3 2024
$35.9M
Q4 2024
$29.9M
Q1 2025
$31.9M
Q2 2025
$52.1M
Q3 2025
$75.5M
Q4 2025
$53.0M
Q1 2026

What does Global Media own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
IHRT IHEARTMEDIA INCCommunications18.1M$53.0M100.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261$53.0Mconfidential canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261$75.5Mconfidential canonicalSEC ↗
Q3 202513F-HRNov 14, 20251$52.1Mconfidential canonicalSEC ↗
Q2 202513F-HRAug 14, 20251$31.9Mconfidential canonicalSEC ↗
Q1 202513F-HRMay 15, 20251$29.9Mconfidential canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251$35.9M canonicalSEC ↗
Q3 202413F-HRNov 14, 20241$33.6M canonicalSEC ↗
Q2 202413F-HRAug 14, 20241$19.8M canonicalSEC ↗
Q1 202413F-HRMay 15, 20241$37.9M canonicalSEC ↗