USA Today Co
TDAY
163 hedge funds and large institutions have $642M invested in USA Today Co in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 42 increasing their positions, 56 reducing their positions, and 19 closing their positions.
174% more call options, than puts
Call options by funds: $961K | Put options by funds: $351K
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
9% more funds holding
Funds holding: 150 → 163 (+13)
8% more capital invested
Capital invested by funds: $595M → $642M (+$47M)
0.22% less ownership
Funds ownership: 30.71% → 30.49% (-0.22%)
25% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 56
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$11.1M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$10.6M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$4.72M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.67M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Trishield Capital Management
New York
|
-$13.9M |
| 2 |
Millennium Management
New York
|
-$7.4M |
| 3 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
-$6.75M |
| 4 |
Renaissance Technologies
New York
|
-$5.49M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.81M |
TDAY Hedge Fund Activity: Q2 2016 in Review
163 of the 3,731 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q2 2016, worth a combined $642M — up 7.9% from $595M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TDAY positions and 19 closed out — a net gain of 14 holders — while 42 added to existing stakes and 56 trimmed.
The largest buyer was Numeric Investors, opening a new position worth an estimated $11.1M. The largest seller was Trishield Capital Management, exiting entirely with an estimated $13.9M sold.
- 163 institutional investors held USA Today Co (TDAY) as of Q2 2016, up from 150 in Q1 2016.
- Funds reported $642M of USA Today Co stock for Q2 2016, up 7.9% quarter-over-quarter.
- 33 funds opened new USA Today Co positions in Q2 2016 and 19 closed out, a net change of +14 holders.
- The largest USA Today Co buyer in Q2 2016 was Numeric Investors, an estimated $11.1M added.
- The largest USA Today Co seller in Q2 2016 was Trishield Capital Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q2 2016.