USA Today Co
TDAY
174 hedge funds and large institutions have $679M invested in USA Today Co in 2016 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 72 increasing their positions, 38 reducing their positions, and 23 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 38
87% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 23
25% more capital invested
Capital invested by funds: $545M → $679M (+$134M)
12% more call options, than puts
Call options by funds: $1.12M | Put options by funds: $1M
11% more funds holding
Funds holding: 157 → 174 (+17)
6.2% more ownership
Funds ownership: 30.22% → 36.43% (+6.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$46.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.9M |
| 3 |
Bank of New York Mellon
New York
|
+$13.3M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.66M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$9.98M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.26M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$7.24M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.15M |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$5.03M |
TDAY Hedge Fund Activity: Q4 2016 in Review
174 of the 4,007 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q4 2016, worth a combined $679M — up 25% from $545M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new TDAY positions and 23 closed out — a net gain of 20 holders — while 72 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $46.3M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $9.98M sold.
- 174 institutional investors held USA Today Co (TDAY) as of Q4 2016, up from 157 in Q3 2016.
- Funds reported $679M of USA Today Co stock for Q4 2016, up 25% quarter-over-quarter.
- 43 funds opened new USA Today Co positions in Q4 2016 and 23 closed out, a net change of +20 holders.
- The largest USA Today Co buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $46.3M added.
- The largest USA Today Co seller in Q4 2016 was Loomis, Sayles & Company, an estimated $9.98M sold.
Based on aggregated 13F filings for Q4 2016.