E.W. Scripps
SSP
145 hedge funds and large institutions have $1.04B invested in E.W. Scripps in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 55 increasing their positions, 47 reducing their positions, and 30 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 47
3.09% more ownership
Funds ownership: 78.26% → 81.35% (+3.1%)
9% less funds holding
Funds holding: 160 → 145 (-15)
19% less capital invested
Capital invested by funds: $1.29B → $1.04B (-$249M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
47% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$32.8M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$20.6M |
| 3 |
O
OppenheimerFunds
New York
|
+$19.6M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$6.29M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$5.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$21.7M |
| 2 |
JP Morgan Chase
New York
|
-$8.79M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.08M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$4.81M |
| 5 |
CC
Clearline Capital
New York
|
-$4.8M |
SSP Hedge Fund Activity: Q3 2015 in Review
145 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q3 2015, worth a combined $1.04B — down 19% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SSP and 16 opened new positions — a net loss of 14 holders — while 47 trimmed existing stakes and 55 added.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $32.8M. The largest seller was Contrarius Investment Management, cutting an estimated $21.7M.
- 145 institutional investors held E.W. Scripps (SSP) as of Q3 2015, down from 160 in Q2 2015.
- Funds reported $1.04B of E.W. Scripps stock for Q3 2015, down 19% quarter-over-quarter.
- 16 funds opened new E.W. Scripps positions in Q3 2015 and 30 closed out, a net change of -14 holders.
- The largest E.W. Scripps buyer in Q3 2015 was Victory Capital Management, an estimated $32.8M added.
- The largest E.W. Scripps seller in Q3 2015 was Contrarius Investment Management, an estimated $21.7M sold.
Based on aggregated 13F filings for Q3 2015.