USA Today Co
TDAY
151 hedge funds and large institutions have $631M invested in USA Today Co in 2015 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 39 reducing their positions, and 33 closing their positions.
87% more call options, than puts
Call options by funds: $957K | Put options by funds: $513K
64% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 39
11.02% more ownership
Funds ownership: 15.41% → 26.42% (+11%)
6% less funds holding
Funds holding: 160 → 151 (-9)
25% less capital invested
Capital invested by funds: $843M → $631M (-$212M)
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$29.7M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$10.5M |
| 3 |
OA
Omega Advisors
New York
|
+$7.65M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$7.52M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$18.9M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
-$13.9M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$12.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$11.7M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$11M |
TDAY Hedge Fund Activity: Q2 2015 in Review
151 of the 3,715 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q2 2015, worth a combined $631M — down 25% from $843M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TDAY and 24 opened new positions — a net loss of 9 holders — while 39 trimmed existing stakes and 64 added.
The largest buyer was Franklin Resources, adding an estimated $29.7M. The largest seller was Allianz Asset Management, cutting an estimated $18.9M.
- 151 institutional investors held USA Today Co (TDAY) as of Q2 2015, down from 160 in Q1 2015.
- Funds reported $631M of USA Today Co stock for Q2 2015, down 25% quarter-over-quarter.
- 24 funds opened new USA Today Co positions in Q2 2015 and 33 closed out, a net change of -9 holders.
- The largest USA Today Co buyer in Q2 2015 was Franklin Resources, an estimated $29.7M added.
- The largest USA Today Co seller in Q2 2015 was Allianz Asset Management, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2015.