Gannett Co., Inc
GCI was delisted on the 19th of November, 2019.
216 hedge funds and large institutions have $1.29B invested in Gannett Co., Inc in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 54 increasing their positions, 67 reducing their positions, and 38 closing their positions.
41% more capital invested
Capital invested by funds: $917M → $1.29B (+$376M)
25% more call options, than puts
Call options by funds: $3.47M | Put options by funds: $2.77M
16% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 38
3% more funds holding
Funds holding: 210 → 216 (+6)
19% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 67
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$44.1M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$43.1M |
| 3 |
JP Morgan Chase
New York
|
+$27.9M |
| 4 |
VI
Versor Investments
New York
|
+$25.3M |
| 5 |
Goldman Sachs
New York
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$64.1M |
| 2 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$35.2M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$20.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$16M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$13.1M |
GCI Hedge Fund Activity: Q3 2019 in Review
216 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Gannett Co., Inc (GCI) for Q3 2019, worth a combined $1.29B — up 41% from $917M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GCI positions and 38 closed out — a net gain of 6 holders — while 54 added to existing stakes and 67 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $44.1M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $64.1M sold.
- 216 institutional investors held Gannett Co., Inc (GCI) as of Q3 2019, up from 210 in Q2 2019.
- Funds reported $1.29B of Gannett Co., Inc stock for Q3 2019, up 41% quarter-over-quarter.
- 44 funds opened new Gannett Co., Inc positions in Q3 2019 and 38 closed out, a net change of +6 holders.
- The largest Gannett Co., Inc buyer in Q3 2019 was Alpine Associates Management, an estimated $44.1M added.
- The largest Gannett Co., Inc seller in Q3 2019 was HG Vora Capital Management, an estimated $64.1M sold.
Based on aggregated 13F filings for Q3 2019.