Gannett Co., Inc
GCI was delisted on the 19th of November, 2019.
255 hedge funds and large institutions have $1B invested in Gannett Co., Inc in 2018 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 77 increasing their positions, 88 reducing their positions, and 48 closing their positions.
6% less funds holding
Funds holding: 271 → 255 (-16)
12% less capital invested
Capital invested by funds: $1.13B → $1B (-$133M)
13% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 88
29% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 48
70% less call options, than puts
Call options by funds: $601K | Put options by funds: $2.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$53.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$24.6M |
| 3 |
Citigroup
New York
|
+$4.59M |
| 4 |
BlackRock
New York
|
+$4.14M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Newport Trust Company
Washington,
District of Columbia
|
-$5.27M |
| 2 |
JG
Jefferies Group
New York
|
-$5.13M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.78M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.15M |
GCI Hedge Fund Activity: Q4 2018 in Review
255 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Gannett Co., Inc (GCI) for Q4 2018, worth a combined $1B — down 12% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of GCI and 34 opened new positions — a net loss of 14 holders — while 88 trimmed existing stakes and 77 added.
The largest buyer was Alden Global Capital, opening a new position worth an estimated $53.8M. The largest seller was Newport Trust Company, exiting entirely with an estimated $5.27M sold.
- 255 institutional investors held Gannett Co., Inc (GCI) as of Q4 2018, down from 271 in Q3 2018.
- Funds reported $1B of Gannett Co., Inc stock for Q4 2018, down 12% quarter-over-quarter.
- 34 funds opened new Gannett Co., Inc positions in Q4 2018 and 48 closed out, a net change of -14 holders.
- The largest Gannett Co., Inc buyer in Q4 2018 was Alden Global Capital, an estimated $53.8M added.
- The largest Gannett Co., Inc seller in Q4 2018 was Newport Trust Company, an estimated $5.27M sold.
Based on aggregated 13F filings for Q4 2018.