SecurityTRCO / Tribune Media Company
InstitutionFNY Partners Fund LP
Shares115,118
Value $ 4,663,000
Related TRBAB / Tribune Media Company
TRBNW / Tribune Media Company
896047AG2 / Tribune Media Company Bond
896047AH0 / Tribune Media Company Bond

FNY Partners Fund LP reports 27.40% increase in ownership of TRCO / Tribune Media Company

April 18, 2018 - FNY Partners Fund LP has filed a 13F-HR/A form disclosing ownership of 115,118 shares of Tribune Media Company (NYSE:TRCO) with total holdings valued at $4,663,000 USD as of March 31, 2018. FNY Partners Fund LP had filed a previous 13F-HR on January 24, 2018 disclosing 90,357 shares of Tribune Media Company at a value of $3,837,000 USD. This represents a change in shares of 27.40 percent and a change in value of 21.53 percent during the quarter.

FNY Partners Fund LP has a history of taking positions in derivatives of the underlying security (TRCO) in the form of stock options.

Other investors with positions similar to FNY Partners Fund LP include UBS Group AG, Henderson Group Plc, Athos Capital Ltd, Yakira Capital Management, Inc., GAM Holding AG, and Kellner Capital, LLC.

Tribune Media Company has declared a standard industrial code (sic) of 4833 which is the "Television Broadcasting Stations" industry. FNY Partners Fund LP's top industries are "Construction Special Trade Contractors" (sic 17), "Miscellaneous Manufacturing Industries" (sic 39), and "Furniture And Fixtures" (sic 25).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR/A-1 TRIBUNE MEDIA CL A ORD COM 896047503 41.49 115,118 27.40 4,663 21.53 1,027 -201 -5.24
2018-03-31 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 115,118 4,663
2017-12-31 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 41.65 90,357 298.05 3,837 313.92 2,818 92 9.93
2017-09-30 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 22,700 927
2017-06-30 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 0 -100.00 0 -100.00
2017-03-31 13F-HR/A-2 TRIBUNE MEDIA CL A ORD COM 896047503 37.24 29,160 0.00 1,086 0.00 0 0 0.00
2017-03-31 13F-HR/A-1 TRIBUNE MEDIA CL A ORD COM 896047503 37.24 29,160 0.00 1,086 0.00 0 0 0.00
2017-03-31 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 29,160 1,086

Put Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2017-12-31 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 Put 0 -100.00 0 -100.00
2017-09-30 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 Put 40.00 200 0.00 8 0.00 0 0 0.00
2017-06-30 13F-HR TRIBUNE MEDIA CL A ORD COM 896047503 Put 200 8


CUSIP: 896047503