Sunday, March 27, 2022

Large institutional investors dominate ownership of GANNETT, owner of incredible shrinking St. Augustine Record

Greedy, money-hungry corporations own GANNETT and are dumbing down the St. Augustine Record. It is little wonder that Columbia University Journalism School Dean Steve Coll resigned from GANNETT's Board, which is unadorned by any serious professional journalists. 

From CNN: 

Gannett Co Inc (NYSE:GCI)

Delayed Data
As of Mar 25
 +0.02 / +0.43%
Today’s Change
TODAY|||52-Week Range
Institutional investors purchased a net $2.8 million shares of GCI during the quarter ended June 2019 and now own 58.44% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Publishing: Newspapers industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders32.25%
Other institutional26.19%
Individual stakeholders2.67%

Largest Quarterly Institutional

Latest Institutional Activity

12/31/2021FIDELITY MANAGEMENT & RESEARCH C...  Bought 1.5 Million shares of Gannett Co Inc
12/31/2021DIMENSIONAL FUND ADVISORS LP  Bought 339.1 Thousand shares of Gannett Co Inc
12/31/2021MILLENNIUM MANAGEMENT LLC  Bought 262.4 Thousand shares of Gannett Co Inc

Top 10 Owners of Gannett Co Inc

Total value ($)Shares
bought / sold
BlackRock Fund Advisors15.04%21,470,055106,491,473+166,177+0.78%
The Vanguard Group, Inc.6.32%9,028,39444,780,834+128,891+1.45%
Alta Fundamental Advisers LLC4.69%6,697,58233,220,007-28,000-0.42%
SSgA Funds Management, Inc.4.11%5,860,52629,068,209+18,585+0.32%
Ophir Asset Management Pty Ltd.3.58%5,116,81225,379,388-2,181,059-29.89%
Dimensional Fund Advisors LP3.44%4,910,22124,354,696+339,100+7.42%
Goldman Sachs & Co. LLC (Private ...2.27%3,239,79116,069,363+154,735+5.02%
Contrarius Investment Management ...1.79%2,553,26912,664,214-176,077-6.45%
Geode Capital Management LLC1.59%2,276,14011,289,654+28,390+1.26%
Invesco Capital Management LLC1.43%2,036,28510,099,974-542,331-21.03%

Top 10 Mutual Funds Holding Gannett Co Inc

Mutual fundStakeShares
Total value ($)Shares
bought / sold
iShares Core S&P Small Cap ETF7.10%10,141,37550,301,220+83,464+0.83%
Vanguard Total Stock Market Index...3.39%4,842,58624,019,227+950,983+24.44%
iShares Russell 2000 ETF2.19%3,124,63215,498,175-49,104-1.55%
Contrarius ICAV - Global Equity F...1.82%2,595,08112,871,602+2,595,081--
Vanguard Extended Market Index Fu...1.34%1,919,0199,518,334+13,296+0.70%
iShares S&P Small Cap 600 Value E...1.07%1,525,4777,566,366-9,120-0.59%
iShares Russell 2000 Value ETF1.03%1,474,1027,311,546-7,930-0.54%
Xtrackers SICAV - MSCI USA Swap ...0.72%1,027,2235,095,026-74,416-6.76%
Fidelity Small Cap Index Fund0.70%1,000,5134,962,544+1,591+0.16%
Fidelity Advisor Multi Asset Inco...0.67%949,3094,708,573+949,309--

No comments: