E.W. Scripps
SSP
155 hedge funds and large institutions have $505M invested in E.W. Scripps in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 23 closing their positions.
265% more call options, than puts
Call options by funds: $219K | Put options by funds: $60K
9.96% more ownership
Funds ownership: 86.5% → 96.46% (+10%)
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
4% less funds holding
Funds holding: 161 → 155 (-6)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
46% less capital invested
Capital invested by funds: $937M → $505M (-$433M)
Top Buyers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$72.5M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.76M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.14M |
| 4 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$4.57M |
| 5 |
Millennium Management
New York
|
+$3.86M |
Top Sellers
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$3.65M |
| 2 |
BlackRock
New York
|
-$2.71M |
| 3 |
GAI
General American Investors
New York
|
-$2.39M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.99M |
| 5 |
Morgan Stanley
New York
|
-$1.55M |
SSP Hedge Fund Activity: Q1 2020 in Review
155 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q1 2020, worth a combined $505M — down 46% from $937M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SSP and 20 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 49 added.
The largest buyer was Victory Capital Management, adding an estimated $72.5M. The largest seller was HighTower Advisors, exiting entirely with an estimated $3.65M sold.
- 155 institutional investors held E.W. Scripps (SSP) as of Q1 2020, down from 161 in Q4 2019.
- Funds reported $505M of E.W. Scripps stock for Q1 2020, down 46% quarter-over-quarter.
- 20 funds opened new E.W. Scripps positions in Q1 2020 and 23 closed out, a net change of -3 holders.
- The largest E.W. Scripps buyer in Q1 2020 was Victory Capital Management, an estimated $72.5M added.
- The largest E.W. Scripps seller in Q1 2020 was HighTower Advisors, an estimated $3.65M sold.
Based on aggregated 13F filings for Q1 2020.