E.W. Scripps
SSP
149 hedge funds and large institutions have $765M invested in E.W. Scripps in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 46 reducing their positions, and 21 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 46
1.84% more ownership
Funds ownership: 89.66% → 91.5% (+1.8%)
6% less funds holding
Funds holding: 158 → 149 (-9)
22% less capital invested
Capital invested by funds: $981M → $765M (-$216M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
36% less call options, than puts
Call options by funds: $301K | Put options by funds: $472K
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$8.19M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$4.39M |
| 3 |
LM
Litespeed Management
New York
|
+$3.5M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$3.13M |
| 5 |
DM
Delphi Management
Brookline,
Massachusetts
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.31M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$3.14M |
| 3 |
TAM
Tealwood Asset Management
Minneapolis,
Minnesota
|
-$2.11M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.3M |
SSP Hedge Fund Activity: Q1 2018 in Review
149 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in E.W. Scripps (SSP) for Q1 2018, worth a combined $765M — down 22% from $981M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SSP and 12 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 57 added.
The largest buyer was Cove Street Capital, adding an estimated $8.19M. The largest seller was JP Morgan Chase, cutting an estimated $4.31M.
- 149 institutional investors held E.W. Scripps (SSP) as of Q1 2018, down from 158 in Q4 2017.
- Funds reported $765M of E.W. Scripps stock for Q1 2018, down 22% quarter-over-quarter.
- 12 funds opened new E.W. Scripps positions in Q1 2018 and 21 closed out, a net change of -9 holders.
- The largest E.W. Scripps buyer in Q1 2018 was Cove Street Capital, an estimated $8.19M added.
- The largest E.W. Scripps seller in Q1 2018 was JP Morgan Chase, an estimated $4.31M sold.
Based on aggregated 13F filings for Q1 2018.