Gannett Co., Inc
GCI was delisted on the 19th of November, 2019.
210 hedge funds and large institutions have $917M invested in Gannett Co., Inc in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 79 reducing their positions, and 40 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
10% less funds holding
Funds holding: 233 → 210 (-23)
24% less capital invested
Capital invested by funds: $1.2B → $917M (-$282M)
28% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 79
50% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 40
52% less call options, than puts
Call options by funds: $1.29M | Put options by funds: $2.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$63.6M |
| 2 |
AFA
Alta Fundamental Advisers
New York
|
+$16.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.99M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$5.79M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$37.3M |
| 2 |
JP Morgan Chase
New York
|
-$13.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.77M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.26M |
| 5 |
SIM
Spark Investment Management
New York
|
-$5.95M |
GCI Hedge Fund Activity: Q2 2019 in Review
210 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Gannett Co., Inc (GCI) for Q2 2019, worth a combined $917M — down 24% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of GCI and 20 opened new positions — a net loss of 20 holders — while 79 trimmed existing stakes and 57 added.
The largest buyer was HG Vora Capital Management, adding an estimated $63.6M. The largest seller was Alden Global Capital, cutting an estimated $37.3M.
- 210 institutional investors held Gannett Co., Inc (GCI) as of Q2 2019, down from 233 in Q1 2019.
- Funds reported $917M of Gannett Co., Inc stock for Q2 2019, down 24% quarter-over-quarter.
- 20 funds opened new Gannett Co., Inc positions in Q2 2019 and 40 closed out, a net change of -20 holders.
- The largest Gannett Co., Inc buyer in Q2 2019 was HG Vora Capital Management, an estimated $63.6M added.
- The largest Gannett Co., Inc seller in Q2 2019 was Alden Global Capital, an estimated $37.3M sold.
Based on aggregated 13F filings for Q2 2019.