USA Today Co
TDAY
170 hedge funds and large institutions have $502M invested in USA Today Co in 2024 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 55 increasing their positions, 41 reducing their positions, and 19 closing their positions.
269% more call options, than puts
Call options by funds: $8.29M | Put options by funds: $2.25M
126% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 19
101% more capital invested
Capital invested by funds: $250M → $502M (+$252M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
34% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 41
16% more funds holding
Funds holding: 147 → 170 (+23)
5% more ownership
Funds ownership: 68.84% → 73.83% (+5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$12.3M |
| 2 |
TCA
Troluce Capital Advisors
Dorado,
Puerto Rico
|
+$6.28M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.85M |
| 4 |
Morgan Stanley
New York
|
+$3.44M |
| 5 |
SC
Shay Capital
New York
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.42M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.12M |
| 3 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$3.16M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$2.06M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.5M |
TDAY Hedge Fund Activity: Q2 2024 in Review
170 institutional investors reported a position in USA Today Co (TDAY) for Q2 2024, worth a combined $502M — up 101% from $250M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new TDAY positions and 19 closed out — a net gain of 24 holders — while 55 added to existing stakes and 41 trimmed.
The largest buyer was Philosophy Capital Management, opening a new position worth an estimated $12.3M. The largest seller was Goldman Sachs, cutting an estimated $9.42M.
- 170 institutional investors held USA Today Co (TDAY) as of Q2 2024, up from 147 in Q1 2024.
- Funds reported $502M of USA Today Co stock for Q2 2024, up 101% quarter-over-quarter.
- 43 funds opened new USA Today Co positions in Q2 2024 and 19 closed out, a net change of +24 holders.
- The largest USA Today Co buyer in Q2 2024 was Philosophy Capital Management, an estimated $12.3M added.
- The largest USA Today Co seller in Q2 2024 was Goldman Sachs, an estimated $9.42M sold.
Based on aggregated 13F filings for Q2 2024.