TRIBUNE MEDIA COMPANY CLASS A
TRCO
TRCO was delisted on the 18th of September, 2019.
186 hedge funds and large institutions have $3.53B invested in TRIBUNE MEDIA COMPANY CLASS A in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 83 increasing their positions, 51 reducing their positions, and 34 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 51
3% less capital invested
Capital invested by funds: $3.64B → $3.53B (-$118M)
6% less funds holding
Funds holding: 197 → 186 (-11)
14% less funds holding in top 10
Funds holding in top 10: 21 → 18 (-3)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
61% less call options, than puts
Call options by funds: $276K | Put options by funds: $706K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
+$75.3M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$55.7M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$42.5M |
| 4 |
WIC
Water Island Capital
New York
|
+$32M |
| 5 |
BHMP
Bardin Hill Management Partners
New York
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$78.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$51.1M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$48.6M |
| 4 |
CI
Cowen Inc
New York
|
-$44.3M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$20.9M |
TRCO Hedge Fund Activity: Q1 2018 in Review
186 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in TRIBUNE MEDIA COMPANY CLASS A (TRCO) for Q1 2018, worth a combined $3.53B — down 3.2% from $3.64B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TRCO and 23 opened new positions — a net loss of 11 holders — while 51 trimmed existing stakes and 83 added.
The largest buyer was Natixis, adding an estimated $75.3M. The largest seller was Citadel Advisors, exiting entirely with an estimated $78.5M sold.
- 186 institutional investors held TRIBUNE MEDIA COMPANY CLASS A (TRCO) as of Q1 2018, down from 197 in Q4 2017.
- Funds reported $3.53B of TRIBUNE MEDIA COMPANY CLASS A stock for Q1 2018, down 3.2% quarter-over-quarter.
- 23 funds opened new TRIBUNE MEDIA COMPANY CLASS A positions in Q1 2018 and 34 closed out, a net change of -11 holders.
- The largest TRIBUNE MEDIA COMPANY CLASS A buyer in Q1 2018 was Natixis, an estimated $75.3M added.
- The largest TRIBUNE MEDIA COMPANY CLASS A seller in Q1 2018 was Citadel Advisors, an estimated $78.5M sold.
Based on aggregated 13F filings for Q1 2018.