USA Today Co
TDAY
173 hedge funds and large institutions have $118M invested in USA Today Co in 2020 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 62 reducing their positions, and 41 closing their positions.
52% more call options, than puts
Call options by funds: $559K | Put options by funds: $368K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% less funds holding
Funds holding: 192 → 173 (-19)
18% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 62
20.46% less ownership
Funds ownership: 85.2% → 64.74% (-20%)
28% less capital invested
Capital invested by funds: $165M → $118M (-$47M)
46% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
Alta Fundamental Advisers
New York
|
+$4.52M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.15M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$560K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$423K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLG
Cooperman Leon G
|
-$7.98M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$7M |
| 3 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$4.23M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.85M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.16M |
TDAY Hedge Fund Activity: Q2 2020 in Review
173 of the 4,887 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q2 2020, worth a combined $118M — down 28% from $165M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of TDAY and 22 opened new positions — a net loss of 19 holders — while 62 trimmed existing stakes and 51 added.
The largest buyer was Alta Fundamental Advisers, adding an estimated $4.52M. The largest seller was Cooperman Leon G, cutting an estimated $7.98M.
- 173 institutional investors held USA Today Co (TDAY) as of Q2 2020, down from 192 in Q1 2020.
- Funds reported $118M of USA Today Co stock for Q2 2020, down 28% quarter-over-quarter.
- 22 funds opened new USA Today Co positions in Q2 2020 and 41 closed out, a net change of -19 holders.
- The largest USA Today Co buyer in Q2 2020 was Alta Fundamental Advisers, an estimated $4.52M added.
- The largest USA Today Co seller in Q2 2020 was Cooperman Leon G, an estimated $7.98M sold.
Based on aggregated 13F filings for Q2 2020.