USA Today Co
TDAY
134 hedge funds and large institutions have $431M invested in USA Today Co in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 19 closing their positions.
48% more capital invested
Capital invested by funds: $291M → $431M (+$140M)
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
5% more funds holding
Funds holding: 128 → 134 (+6)
2.4% more ownership
Funds ownership: 9.09% → 11.49% (+2.4%)
21% less call options, than puts
Call options by funds: $125K | Put options by funds: $158K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
+$31.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$20.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.81M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$6.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$9.11M |
| 2 |
HHC
Hutchin Hill Capital
New York
|
-$6.92M |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$4.18M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.43M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.35M |
TDAY Hedge Fund Activity: Q3 2014 in Review
134 of the 3,439 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q3 2014, worth a combined $431M — up 48% from $291M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TDAY positions and 19 closed out — a net gain of 7 holders — while 47 added to existing stakes and 34 trimmed.
The largest buyer was Shannon River Fund Management, opening a new position worth an estimated $31.6M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $9.11M sold.
- 134 institutional investors held USA Today Co (TDAY) as of Q3 2014, up from 128 in Q2 2014.
- Funds reported $431M of USA Today Co stock for Q3 2014, up 48% quarter-over-quarter.
- 26 funds opened new USA Today Co positions in Q3 2014 and 19 closed out, a net change of +7 holders.
- The largest USA Today Co buyer in Q3 2014 was Shannon River Fund Management, an estimated $31.6M added.
- The largest USA Today Co seller in Q3 2014 was Philadelphia Financial Management of San Francisco, an estimated $9.11M sold.
Based on aggregated 13F filings for Q3 2014.