E.W. Scripps
SSP
193 hedge funds and large institutions have $1.19B invested in E.W. Scripps in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 52 increasing their positions, 65 reducing their positions, and 13 closing their positions.
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
27% more capital invested
Capital invested by funds: $943M → $1.19B (+$251M)
13% more funds holding
Funds holding: 171 → 193 (+22)
4.48% less ownership
Funds ownership: 87.08% → 82.6% (-4.5%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
20% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 65
89% less call options, than puts
Call options by funds: $123K | Put options by funds: $1.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10.5M |
| 2 |
Goldman Sachs
New York
|
+$8.7M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$4.11M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.2M |
| 5 |
Two Sigma Investments
New York
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
-$20.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$16.7M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$15.9M |
| 4 |
JP Morgan Chase
New York
|
-$14M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$6.79M |
SSP Hedge Fund Activity: Q1 2019 in Review
193 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q1 2019, worth a combined $1.19B — up 27% from $943M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SSP positions and 13 closed out — a net gain of 23 holders — while 52 added to existing stakes and 65 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $10.5M. The largest seller was Cove Street Capital, cutting an estimated $20.3M.
- 193 institutional investors held E.W. Scripps (SSP) as of Q1 2019, up from 171 in Q4 2018.
- Funds reported $1.19B of E.W. Scripps stock for Q1 2019, up 27% quarter-over-quarter.
- 36 funds opened new E.W. Scripps positions in Q1 2019 and 13 closed out, a net change of +23 holders.
- The largest E.W. Scripps buyer in Q1 2019 was Renaissance Technologies, an estimated $10.5M added.
- The largest E.W. Scripps seller in Q1 2019 was Cove Street Capital, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2019.