USA Today Co
TDAY
192 hedge funds and large institutions have $165M invested in USA Today Co in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 58 increasing their positions, 58 reducing their positions, and 61 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 58
9% less call options, than puts
Call options by funds: $577K | Put options by funds: $635K
6.23% less ownership
Funds ownership: 91.42% → 85.2% (-6.2%)
12% less funds holding
Funds holding: 219 → 192 (-27)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 61
77% less capital invested
Capital invested by funds: $716M → $165M (-$551M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$13.4M |
| 2 |
AFA
Alta Fundamental Advisers
New York
|
+$6.18M |
| 3 |
Citigroup
New York
|
+$4.63M |
| 4 |
JP Morgan Chase
New York
|
+$4.29M |
| 5 |
Goldman Sachs
New York
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$17.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.9M |
| 3 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$6.72M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$3.17M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.99M |
TDAY Hedge Fund Activity: Q1 2020 in Review
192 of the 4,528 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q1 2020, worth a combined $165M — down 77% from $716M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TDAY and 38 opened new positions — a net loss of 23 holders — while 58 trimmed existing stakes and 58 added.
The largest buyer was Miller Value Partners, adding an estimated $13.4M. The largest seller was Franklin Resources, exiting entirely with an estimated $17.7M sold.
- 192 institutional investors held USA Today Co (TDAY) as of Q1 2020, down from 219 in Q4 2019.
- Funds reported $165M of USA Today Co stock for Q1 2020, down 77% quarter-over-quarter.
- 38 funds opened new USA Today Co positions in Q1 2020 and 61 closed out, a net change of -23 holders.
- The largest USA Today Co buyer in Q1 2020 was Miller Value Partners, an estimated $13.4M added.
- The largest USA Today Co seller in Q1 2020 was Franklin Resources, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2020.