E.W. Scripps
SSP
136 hedge funds and large institutions have $563M invested in E.W. Scripps in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 47 reducing their positions, and 16 closing their positions.
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
10.02% more ownership
Funds ownership: 77.64% → 87.66% (+10%)
5% more funds holding
Funds holding: 130 → 136 (+6)
5% less call options, than puts
Call options by funds: $98K | Put options by funds: $103K
12% less capital invested
Capital invested by funds: $644M → $563M (-$80.4M)
15% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 47
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$39.6M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$20.9M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$17.5M |
| 4 |
LCM
LionEye Capital Management
New York
|
+$14.5M |
| 5 |
NM
Newtyn Management
New York
|
+$8.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$8.38M |
| 2 |
TVM
Tiger Veda Management
New York
|
-$6.32M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.78M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.88M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$3.53M |
SSP Hedge Fund Activity: Q3 2014 in Review
136 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q3 2014, worth a combined $563M — down 12% from $644M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SSP positions and 16 closed out — a net gain of 6 holders — while 40 added to existing stakes and 47 trimmed.
The largest buyer was Keeley Asset Management, opening a new position worth an estimated $39.6M. The largest seller was Teachers Advisors, cutting an estimated $8.38M.
- 136 institutional investors held E.W. Scripps (SSP) as of Q3 2014, up from 130 in Q2 2014.
- Funds reported $563M of E.W. Scripps stock for Q3 2014, down 12% quarter-over-quarter.
- 22 funds opened new E.W. Scripps positions in Q3 2014 and 16 closed out, a net change of +6 holders.
- The largest E.W. Scripps buyer in Q3 2014 was Keeley Asset Management, an estimated $39.6M added.
- The largest E.W. Scripps seller in Q3 2014 was Teachers Advisors, an estimated $8.38M sold.
Based on aggregated 13F filings for Q3 2014.