Luxor Capital, a multi-billion dollar hedge fund owned by Christian Leone, recently bought the majority of Hawkeye Capital’s stake in Hemisphere Media Group Inc (NASDAQ:HMTV). Luxor Capital owned roughly 3.24M shares of HMTV as of 6/30/2011; as of today they own 4.55M shares. Hawkeye, which is a very eclectic hedge fund run by Richard Rubin, essentially has sold their entire stake in Hemisphere Media Group Inc (NASDAQ:HMTV . . .

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