E.W. Scripps
SSP
130 hedge funds and large institutions have $644M invested in E.W. Scripps in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 55 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
24% more capital invested
Capital invested by funds: $520M → $644M (+$124M)
3.04% more ownership
Funds ownership: 74.6% → 77.64% (+3%)
4% more call options, than puts
Call options by funds: $309K | Put options by funds: $297K
2% less funds holding
Funds holding: 132 → 130 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
35% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$15M |
| 2 |
Bank of New York Mellon
New York
|
+$11.2M |
| 3 |
JP Morgan Chase
New York
|
+$9.55M |
| 4 |
GCM
Gruss Capital Management
New York
|
+$5.74M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$5.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$13.5M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$3.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$2.78M |
| 4 |
RA
Royce & Associates
New York
|
-$2.46M |
| 5 |
Morgan Stanley
New York
|
-$2.3M |
SSP Hedge Fund Activity: Q2 2014 in Review
130 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q2 2014, worth a combined $644M — up 24% from $520M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SSP and 13 opened new positions — a net loss of 2 holders — while 55 trimmed existing stakes and 36 added.
The largest buyer was Luther King Capital Management (LKCM), adding an estimated $15M. The largest seller was Shannon River Fund Management, exiting entirely with an estimated $13.5M sold.
- 130 institutional investors held E.W. Scripps (SSP) as of Q2 2014, down from 132 in Q1 2014.
- Funds reported $644M of E.W. Scripps stock for Q2 2014, up 24% quarter-over-quarter.
- 13 funds opened new E.W. Scripps positions in Q2 2014 and 15 closed out, a net change of -2 holders.
- The largest E.W. Scripps buyer in Q2 2014 was Luther King Capital Management (LKCM), an estimated $15M added.
- The largest E.W. Scripps seller in Q2 2014 was Shannon River Fund Management, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2014.