E.W. Scripps
SSP
140 hedge funds and large institutions have $1.05B invested in E.W. Scripps in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 5 closing their positions.
400% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 5
172% more call options, than puts
Call options by funds: $1.54M | Put options by funds: $566K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
35% more capital invested
Capital invested by funds: $778M → $1.05B (+$270M)
24% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 41
14% more funds holding
Funds holding: 123 → 140 (+17)
3.9% more ownership
Funds ownership: 87.8% → 91.7% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$18.6M |
| 2 |
TA
Teachers Advisors
New York
|
+$9.7M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$8.45M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$7.38M |
| 5 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$8.86M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$5.42M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$4.52M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$4.38M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$3.92M |
SSP Hedge Fund Activity: Q1 2015 in Review
140 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q1 2015, worth a combined $1.05B — up 35% from $778M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SSP positions and 5 closed out — a net gain of 20 holders — while 51 added to existing stakes and 41 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $18.6M. The largest seller was Luther King Capital Management (LKCM), cutting an estimated $8.86M.
- 140 institutional investors held E.W. Scripps (SSP) as of Q1 2015, up from 123 in Q4 2014.
- Funds reported $1.05B of E.W. Scripps stock for Q1 2015, up 35% quarter-over-quarter.
- 25 funds opened new E.W. Scripps positions in Q1 2015 and 5 closed out, a net change of +20 holders.
- The largest E.W. Scripps buyer in Q1 2015 was BlackRock Fund Advisors, an estimated $18.6M added.
- The largest E.W. Scripps seller in Q1 2015 was Luther King Capital Management (LKCM), an estimated $8.86M sold.
Based on aggregated 13F filings for Q1 2015.