E.W. Scripps
SSP
171 hedge funds and large institutions have $943M invested in E.W. Scripps in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 60 reducing their positions, and 15 closing their positions.
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
10% more funds holding
Funds holding: 155 → 171 (+16)
1.67% less ownership
Funds ownership: 88.75% → 87.08% (-1.7%)
8% less capital invested
Capital invested by funds: $1.03B → $943M (-$84.2M)
25% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 60
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $863K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.49M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$4.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.33M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.21M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
-$19.4M |
| 2 |
JP Morgan Chase
New York
|
-$19.2M |
| 3 |
Bank of New York Mellon
New York
|
-$14.7M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$8.06M |
| 5 |
RA
Royce & Associates
New York
|
-$7.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
176
Assured Investment Management
New York
| – | -$343K | -20,779 | Closed |
|
177
Two Sigma Advisers
New York
| – | -$289K | -17,544 | Closed |
|
|
FRM
178
Fox Run Management
Greenwich,
Connecticut
| – | -$219K | -13,259 | Closed |
|
179
Walleye Trading
New York
| – | -$177K | -10,708 | Closed |
|
|
MWNA
180
Marshall Wace North America
New York
| – | -$174K | -10,516 | Closed |
|
|
PA
181
Profund Advisors
Bethesda,
Maryland
| – | -$166K | -10,065 | Closed |
|
182
KBC Group
Brussels,
Belgium
| – | -$52K | -3,123 | Closed |
|
183
Nomura Holdings
Tokyo,
Japan
| – | -$50K | -3,100 | Closed |
|
|
SWP
184
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$12K | -728 | Closed |
|
|
CAW
185
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$2K | -100 | Closed |
|
SSP Hedge Fund Activity: Q4 2018 in Review
171 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q4 2018, worth a combined $943M — down 8.2% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SSP positions and 15 closed out — a net gain of 16 holders — while 45 added to existing stakes and 60 trimmed.
The largest buyer was Millennium Management, adding an estimated $5.49M. The largest seller was Cove Street Capital, cutting an estimated $19.4M.
- 171 institutional investors held E.W. Scripps (SSP) as of Q4 2018, up from 155 in Q3 2018.
- Funds reported $943M of E.W. Scripps stock for Q4 2018, down 8.2% quarter-over-quarter.
- 31 funds opened new E.W. Scripps positions in Q4 2018 and 15 closed out, a net change of +16 holders.
- The largest E.W. Scripps buyer in Q4 2018 was Millennium Management, an estimated $5.49M added.
- The largest E.W. Scripps seller in Q4 2018 was Cove Street Capital, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2018.