USA Today Co
TDAY
128 hedge funds and large institutions have $291M invested in USA Today Co in 2014 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 19 closing their positions.
84% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 19
14% more funds holding
Funds holding: 112 → 128 (+16)
9% more capital invested
Capital invested by funds: $268M → $291M (+$23M)
1.25% more ownership
Funds ownership: 7.84% → 9.09% (+1.3%)
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
80% less call options, than puts
Call options by funds: $47K | Put options by funds: $231K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$17.5M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.6M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$8M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$7.58M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$10.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.48M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$6.05M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.9M |
| 5 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$2.97M |
TDAY Hedge Fund Activity: Q2 2014 in Review
128 of the 3,483 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q2 2014, worth a combined $291M — up 8.6% from $268M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TDAY positions and 19 closed out — a net gain of 16 holders — while 32 added to existing stakes and 30 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $17.5M. The largest seller was Miller Value Partners, cutting an estimated $10.5M.
- 128 institutional investors held USA Today Co (TDAY) as of Q2 2014, up from 112 in Q1 2014.
- Funds reported $291M of USA Today Co stock for Q2 2014, up 8.6% quarter-over-quarter.
- 35 funds opened new USA Today Co positions in Q2 2014 and 19 closed out, a net change of +16 holders.
- The largest USA Today Co buyer in Q2 2014 was Franklin Resources, an estimated $17.5M added.
- The largest USA Today Co seller in Q2 2014 was Miller Value Partners, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2014.