Who owns USA TODAY Co. (TDAY)
Which tracked institutional funds hold TDAY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TDAY company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
68 tracked funds added or opened TDAY while 25 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TDAY’s largest tracked holder by dollar value, Two Seas Capital LP, sizes it at 4.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TDAY divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 210 tracked filers holding TDAY, 108 increased or opened the position and 98 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TDAY between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 10
- CenterBook Partners LP$14M
- HENNESSY ADVISORS INC$11M
- Empyrean Capital Partners, LP$4M
- PLUSTICK MANAGEMENT LLC$3M
- Round Rock Advisors LLC$2M
- HighVista Strategies LLC$2M
Full exits 15
- SG Americas Securities, LLC$36M
- STONEHILL CAPITAL MANAGEMENT LLC$21M
- Parkwood LLC$16M
- FOURSIXTHREE CAPITAL LP$16M
- SHAH CAPITAL MANAGEMENT$4M
- MIRABELLA FINANCIAL SERVICES LLP$4M
Largest adds
- BANK OF AMERICA CORP /DE/$27M
- Two Seas Capital LP$21M
- Apollo Management Holdings, L.P.$18M
- BlackRock, Inc.$18M
- Oasis Management Co Ltd.$17M
- Alta Fundamental Advisers LLC$16M
Largest trims
- GOLDMAN SACHS GROUP INC$8M
- Whitefort Capital Management, LP$5M
- Miller Value Partners, LLC$2M
- STATE OF WISCONSIN INVESTMENT BOARD$881K
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$797K
- FourWorld Capital Management LLC$795K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Two Seas Capital LP added | 14,070,311 | $120M | 10.7% | 2026-Q2 |
| Apollo Management Holdings, L.P. | 12,128,756 | $104M | 9.2% | 2026-Q2 |
| Alta Fundamental Advisers LLC | 10,748,543 | $92M | 8.1% | 2026-Q2 |
| BlackRock, Inc. added | 10,510,604 | $90M | 8.0% | 2026-Q2 |
| COOPERMAN LEON G | 6,271,961 | $54M | 4.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 6,043,885 | $52M | 4.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 4,988,952 | $43M | 3.8% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 4,475,879 | $38M | 3.4% | 2026-Q2 |
| Philosophy Capital Management LLC | 4,300,000 | $37M | 3.3% | 2026-Q2 |
| VR Advisory Services Ltd added | 3,698,460 | $32M | 2.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,697,254 | $32M | 2.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 3,523,489 | $30M | 2.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 3,494,905 | $30M | 2.6% | 2026-Q2 |
| STATE STREET CORP added | 3,189,119 | $27M | 2.4% | 2026-Q2 |
| Oasis Management Co Ltd. added | 3,078,562 | $26M | 2.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 2,461,676 | $21M | 1.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,453,490 | $21M | 1.9% | 2026-Q2 |
| Whitefort Capital Management, LP trimmed | 2,004,833 | $17M | 1.5% | 2026-Q2 |
| Jefferies Financial Group Inc. | 2,000,000 | $17M | 1.5% | 2026-Q2 |
| FMR LLC added | 1,876,767 | $16M | 1.4% | 2026-Q2 |
| CenterBook Partners LP new | 1,589,163 | $14M | 1.2% | 2026-Q2 |
| Miller Value Partners, LLC trimmed | 1,401,080 | $12M | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 1,356,890 | $12M | 1.0% | 2026-Q2 |
| Shay Capital LLC added | 1,349,983 | $12M | 1.0% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 1,318,216 | $11M | 1.0% | 2026-Q2 |
| MORGAN STANLEY added | 1,253,795 | $11M | 0.9% | 2026-Q2 |
| HENNESSY ADVISORS INC new | 1,237,254 | $11M | 0.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,030,845 | $9M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 928,538 | $8M | 0.7% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 833,619 | $7M | 0.6% | 2026-Q2 |
| Silverberg Bernstein Capital Management LLC trimmed | 793,028 | $7M | 0.6% | 2026-Q2 |
| P SCHOENFELD ASSET MANAGEMENT LP trimmed | 747,714 | $6M | 0.6% | 2026-Q2 |
| FourWorld Capital Management LLC trimmed | 631,491 | $5M | 0.5% | 2026-Q2 |
| Invesco Ltd. added | 503,812 | $4M | 0.4% | 2026-Q2 |
| Empyrean Capital Partners, LP new | 500,000 | $4M | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 498,634 | $4M | 0.4% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 488,963 | $4M | 0.4% | 2026-Q2 |
| Steamboat Capital Partners, LLC added | 487,213 | $4M | 0.4% | 2026-Q2 |
| Nuveen, LLC added | 463,737 | $4M | 0.4% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 426,483 | $4M | 0.3% | 2026-Q2 |
| UBS Group AG added | 424,377 | $4M | 0.3% | 2026-Q2 |
| PLUSTICK MANAGEMENT LLC new | 400,000 | $3M | 0.3% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 378,687 | $3M | 0.3% | 2026-Q2 |
| OP Asset Management Ltd added | 355,454 | $3M | 0.3% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 316,514 | $3M | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 312,844 | $3M | 0.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 310,166 | $3M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 280,500 | $2M | 0.2% | 2026-Q2 |
| Long Focus Capital Management, LLC | 268,863 | $2M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 268,362 | $2M | 0.2% | 2026-Q2 |
| Pingora Partners LLC trimmed | 252,663 | $2M | 0.2% | 2026-Q2 |
| BTG Pactual Asset Management US LLC | 250,000 | $2M | 0.2% | 2026-Q2 |
| Round Rock Advisors LLC new | 249,273 | $2M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 241,078 | $2M | 0.2% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 226,047 | $2M | 0.2% | 2026-Q2 |
| Engineers Gate Manager LP added | 208,538 | $2M | 0.2% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 206,661 | $2M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 205,661 | $2M | 0.2% | 2026-Q2 |
| Murchinson Ltd. trimmed | 200,000 | $2M | 0.2% | 2026-Q2 |
| HighVista Strategies LLC new | 188,500 | $2M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 170,637 | $1M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 170,208 | $1M | 0.1% | 2026-Q2 |
| Invst, LLC trimmed | 166,103 | $1M | 0.1% | 2026-Q2 |
| Creative Planning added | 154,289 | $1M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 152,386 | $1M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 142,707 | $1M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 141,612 | $1M | 0.1% | 2026-Q2 |
| Legal & General Group Plc added | 136,196 | $1M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 133,058 | $1M | 0.1% | 2026-Q2 |
| PEAK6 LLC added | 127,299 | $1M | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 114,055 | $975K | 0.1% | 2026-Q2 |
| Corient IA LP added | 110,000 | $940K | 0.1% | 2026-Q2 |
| ALGERT GLOBAL LLC | 104,270 | $892K | 0.1% | 2026-Q2 |
| Voleon Capital Management LP trimmed | 103,266 | $883K | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 101,832 | $871K | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 89,710 | $767K | 0.1% | 2026-Q2 |
| LEE DANNER & BASS INC | 84,552 | $723K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 83,606 | $715K | 0.1% | 2026-Q2 |
| OPTIMIZE FINANCIAL INC. trimmed | 81,810 | $699K | 0.1% | 2026-Q2 |
| Sound Capital Solutions LLC new | 81,810 | $699K | 0.1% | 2026-Q2 |
| HOWARD FINANCIAL SERVICES, LTD. | 80,000 | $684K | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 79,507 | $680K | 0.1% | 2026-Q2 |
| PFG Investments, LLC added | 72,829 | $623K | 0.1% | 2026-Q2 |
| VIRGINIA RETIREMENT SYSTEMS ET Al added | 67,000 | $573K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 66,853 | $578K | 0.1% | 2026-Q2 |
| State of Wyoming added | 66,311 | $567K | 0.1% | 2026-Q2 |
| Sandro Wealth Management LLC new | 65,712 | $562K | 0.0% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 62,935 | $538K | 0.0% | 2026-Q2 |
| TEACHER RETIREMENT SYSTEM OF TEXAS added | 61,171 | $523K | 0.0% | 2026-Q2 |
| Jupiter Topco LLC new | 59,500 | $509K | 0.0% | 2026-Q2 |
| STRS OHIO trimmed | 57,400 | $491K | 0.0% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 57,026 | $488K | 0.0% | 2026-Q2 |
| Range Financial Group LLC trimmed | 56,353 | $482K | 0.0% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 56,329 | $482K | 0.0% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 54,667 | $467K | 0.0% | 2026-Q2 |
| IFG Advisory, LLC new | 52,750 | $451K | 0.0% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 51,996 | $445K | 0.0% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT added | 49,444 | $423K | 0.0% | 2026-Q2 |
| Quantinno Capital Management LP added | 45,010 | $385K | 0.0% | 2026-Q2 |
| Gotham Asset Management, LLC added | 42,936 | $367K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.