USA Today Co
TDAY
178 hedge funds and large institutions have $574M invested in USA Today Co in 2019 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 74 increasing their positions, 43 reducing their positions, and 24 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 43
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
16% more capital invested
Capital invested by funds: $496M → $574M (+$78.4M)
10.99% more ownership
Funds ownership: 45.89% → 56.88% (+11%)
6% more funds holding
Funds holding: 168 → 178 (+10)
5% less call options, than puts
Call options by funds: $3.68M | Put options by funds: $3.89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$49.4M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$26M |
| 3 |
CLG
Cooperman Leon G
|
+$24M |
| 4 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
+$8.68M |
| 5 |
BlackRock
New York
|
+$7.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$3.77M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$3.11M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$2.96M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.07M |
TDAY Hedge Fund Activity: Q3 2019 in Review
178 of the 4,545 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q3 2019, worth a combined $574M — up 16% from $496M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TDAY positions and 24 closed out — a net gain of 10 holders — while 74 added to existing stakes and 43 trimmed.
The largest buyer was Alden Global Capital, opening a new position worth an estimated $49.4M. The largest seller was Invesco, cutting an estimated $12.9M.
- 178 institutional investors held USA Today Co (TDAY) as of Q3 2019, up from 168 in Q2 2019.
- Funds reported $574M of USA Today Co stock for Q3 2019, up 16% quarter-over-quarter.
- 34 funds opened new USA Today Co positions in Q3 2019 and 24 closed out, a net change of +10 holders.
- The largest USA Today Co buyer in Q3 2019 was Alden Global Capital, an estimated $49.4M added.
- The largest USA Today Co seller in Q3 2019 was Invesco, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2019.