| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Two Seas Capital LP | 9.6% | +24% | $58,565,965 | +$12,183,500 | 14,180,621 | +26% | Two Seas Capital LP | 30 Sep 2025 |
| Apollo Management Holdings GP, LLC | 8.2% | +1.2% | $62,463,093 | +$1,178,093 | 12,128,756 | +1.9% | Apollo Management Holdings GP, LLC | 31 Dec 2025 |
| Alta Fundamental Advisers LLC | 7.6% | $38,409,980 | 11,165,692 | Alta Fundamental Advisers LLC | 31 Mar 2025 |
As of 31 Dec 2025, 185 institutional investors reported holding 138,020,753 shares of USA TODAY Co., Inc. - Common Stock, par value $0.01 per share (TDAY). This represents 93% of the company’s total 147,911,659 outstanding shares.
The largest institutional shareholders of USA TODAY Co., Inc. - Common Stock, par value $0.01 per share (TDAY) together control 82% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Two Seas Capital LP | 9.8% | 14,552,621 | +2.6% | 4.4% | $74,945,998 |
| Apollo Management Holdings, L.P. | 8.2% | 12,128,756 | +1.9% | 0.62% | $62,463,093 |
| Alta Fundamental Advisers LLC | 7.7% | 11,329,268 | +1.5% | 27% | $58,345,730 |
| BlackRock, Inc. | 7% | 10,317,259 | +0.73% | 0% | $53,133,884 |
| VANGUARD GROUP INC | 5.8% | 8,572,585 | +0.43% | 0% | $44,148,813 |
| Philosophy Capital Management LLC | 4.4% | 6,453,919 | +2.6% | 3.9% | $33,237,683 |
| COOPERMAN LEON G | 4.2% | 6,164,811 | +5.1% | 1.1% | $31,748,777 |
| SG Americas Securities, LLC | 4% | 5,898,579 | +173% | 0.04% | $30,378,000 |
| GOLDMAN SACHS GROUP INC | 3.7% | 5,511,292 | +470% | 0% | $28,383,153 |
| D. E. Shaw & Co., Inc. | 3.5% | 5,124,041 | -17% | 0.02% | $26,388,812 |
| Whitefort Capital Management, LP | 3.2% | 4,774,833 | +33% | 7.4% | $24,590,390 |
| DIMENSIONAL FUND ADVISORS LP | 2.5% | 3,700,863 | -5.1% | 0% | $19,060,149 |
| Miller Value Partners, LLC | 2.3% | 3,403,345 | +0% | 6.2% | $17,527,227 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.1% | 3,091,623 | +0.25% | 0% | $15,924,955 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.1% | 3,072,657 | +19% | 0% | $15,824,184 |
| STATE STREET CORP | 2.1% | 3,059,197 | -2.6% | 0% | $15,754,865 |
| FOURSIXTHREE CAPITAL LP | 1.5% | 2,271,441 | 4.9% | $11,697,921 | |
| MILLENNIUM MANAGEMENT LLC | 1.3% | 1,857,280 | +600% | 0.01% | $9,564,992 |
| SHAH CAPITAL MANAGEMENT | 1.2% | 1,800,000 | 0% | 1.8% | $9,270,000 |
| Jefferies Financial Group Inc. | 1% | 1,500,000 | 0.06% | $7,725,000 | |
| STONEHILL CAPITAL MANAGEMENT LLC | 1% | 1,490,059 | 2.3% | $7,674,000 | |
| NORTHERN TRUST CORP | 0.97% | 1,438,000 | -5.9% | 0% | $7,405,701 |
| Pentwater Capital Management LP | 0.95% | 1,400,000 | 0.05% | $7,210,000 | |
| RENAISSANCE TECHNOLOGIES LLC | 0.76% | 1,119,419 | -38% | 0.01% | $5,765,008 |
| NOMURA HOLDINGS INC | 0.62% | 922,641 | -42% | 0.04% | $4,751,601 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 138,020,753 | $710,818,198 | +$71,215,831 | $5.15 | 185 |
| 2025 Q3 | 125,353,662 | $517,706,823 | +$4,609,254 | $4.13 | 195 |
| 2025 Q2 | 124,405,422 | $445,372,356 | +$19,516,727 | $3.58 | 182 |
| 2025 Q1 | 118,901,062 | $343,627,123 | -$4,329,460 | $2.89 | 181 |
| 2024 Q4 | 119,002,642 | $602,150,715 | +$15,400,232 | $5.06 | 203 |
| 2024 Q3 | 115,334,871 | $648,133,104 | +$35,030,692 | $5.62 | 189 |
| 2024 Q2 | 108,839,442 | $501,795,260 | +$30,749,533 | $4.61 | 169 |
| 2024 Q1 | 102,378,958 | $249,804,613 | +$132,041 | $2.44 | 144 |
| 2023 Q4 | 102,340,171 | $235,385,606 | -$3,884,813 | $2.30 | 148 |
| 2023 Q3 | 103,444,291 | $253,437,154 | +$4,161,111 | $2.45 | 151 |
| 2023 Q2 | 102,900,436 | $231,510,824 | -$1,848,483 | $2.25 | 152 |
| 2023 Q1 | 103,598,175 | $193,701,170 | +$4,193,757 | $1.87 | 167 |
| 2022 Q4 | 101,454,055 | $205,976,623 | +$6,659,237 | $2.03 | 169 |
| 2022 Q3 | 99,868,707 | $152,789,258 | -$5,333,441 | $1.53 | 152 |
| 2022 Q2 | 98,965,907 | $286,988,132 | -$2,100,582 | $2.90 | 155 |
| 2022 Q1 | 97,899,122 | $441,469,895 | +$10,023,337 | $4.51 | 175 |
| 2021 Q4 | 94,559,828 | $503,902,057 | -$25,472,474 | $5.33 | 170 |
| 2021 Q3 | 97,097,666 | $648,494,879 | +$49,107,234 | $6.68 | 171 |
| 2021 Q2 | 90,340,358 | $495,898,245 | +$11,548,907 | $5.49 | 156 |
| 2021 Q1 | 88,219,593 | $474,533,968 | +$27,710,339 | $5.38 | 158 |
| 2020 Q4 | 84,121,435 | $282,616,292 | +$14,544,695 | $3.36 | 142 |
| 2020 Q3 | 79,526,393 | $103,465,380 | -$8,059,348 | $1.30 | 135 |
| 2020 Q2 | 85,426,024 | $117,882,442 | -$36,956,417 | $1.38 | 144 |
| 2020 Q1 | 111,324,237 | $201,709,812 | -$44,194,125 | $1.48 | 160 |
| 2019 Q4 | 112,169,012 | $715,594,480 | +$715,388,549 | $6.38 | 199 |
| 2019 Q3 | 1,477 | $13,012 | +$13,012 | $8.81 | 1 |
| 2019 Q2 | 0 | $0 | -$21,179 | $5.15 | 0 |
| 2019 Q1 | 2,017 | $21,179 | $10.50 | 1 | |
| 2018 Q4 | 2,017 | $23,337 | $11.57 | 1 | |
| 2018 Q3 | 2,017 | $31,647 | -$24,649 | $15.69 | 1 |
| 2018 Q2 | 3,588 | $54,084 | $15.07 | 1 | |
| 2018 Q1 | 3,588 | $50,250 | $14.00 | 1 | |
| 2017 Q4 | 3,588 | $52,053 | $14.51 | 1 | |
| 2017 Q3 | 3,588 | $43,970 | +$43,970 | $12.25 | 1 |
| 2017 Q2 | 0 | $0 | -$15,948 | $5.15 | 0 |
| 2017 Q1 | 1,126 | $15,948 | -$10,736 | $14.16 | 1 |
| 2016 Q4 | 1,884 | $18,294 | +$2,952 | $9.71 | 1 |
| 2016 Q3 | 1,580 | $18,391 | +$14,864 | $11.64 | 1 |
| 2016 Q2 | 303 | $4,184 | -$21,679 | $13.81 | 1 |
| 2016 Q1 | 1,873 | $28,357 | $15.14 | 1 |