USA Today Co
TDAY
171 hedge funds and large institutions have $474M invested in USA Today Co in 2021 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 48 increasing their positions, 55 reducing their positions, and 22 closing their positions.
1,097% more call options, than puts
Call options by funds: $48.4M | Put options by funds: $4.04M
68% more capital invested
Capital invested by funds: $283M → $474M (+$191M)
50% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 22
6% more funds holding
Funds holding: 161 → 171 (+10)
2.31% more ownership
Funds ownership: 61.14% → 63.46% (+2.3%)
13% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 55
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$10.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.23M |
| 3 |
BlackRock
New York
|
+$6.21M |
| 4 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$5.44M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$8.42M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.58M |
| 3 |
Morgan Stanley
New York
|
-$4.43M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.54M |
| 5 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$1.69M |
TDAY Hedge Fund Activity: Q1 2021 in Review
171 of the 5,697 institutional investors tracked by Wall St. Rank reported a position in USA Today Co (TDAY) for Q1 2021, worth a combined $474M — up 68% from $283M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TDAY positions and 22 closed out — a net gain of 11 holders — while 48 added to existing stakes and 55 trimmed.
The largest buyer was Contrarius Investment Management, opening a new position worth an estimated $10.9M. The largest seller was Alden Global Capital, exiting entirely with an estimated $8.42M sold.
- 171 institutional investors held USA Today Co (TDAY) as of Q1 2021, up from 161 in Q4 2020.
- Funds reported $474M of USA Today Co stock for Q1 2021, up 68% quarter-over-quarter.
- 33 funds opened new USA Today Co positions in Q1 2021 and 22 closed out, a net change of +11 holders.
- The largest USA Today Co buyer in Q1 2021 was Contrarius Investment Management, an estimated $10.9M added.
- The largest USA Today Co seller in Q1 2021 was Alden Global Capital, an estimated $8.42M sold.
Based on aggregated 13F filings for Q1 2021.