Gray Television
GTN
175 hedge funds and large institutions have $658M invested in Gray Television in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 82 increasing their positions, 50 reducing their positions, and 29 closing their positions.
79% more call options, than puts
Call options by funds: $3.15M | Put options by funds: $1.76M
64% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 50
0.34% more ownership
Funds ownership: 86.58% → 86.93% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less funds holding
Funds holding: 176 → 175 (-1)
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
29% less capital invested
Capital invested by funds: $926M → $658M (-$268M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$14.6M |
| 2 |
CGI
Calixto Global Investors
Coral Gables,
Florida
|
+$13.2M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$8.36M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
+$8.04M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.5M |
| 2 |
Millennium Management
New York
|
-$11.1M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$9.44M |
| 4 |
NM
Nokota Management
New York
|
-$8.89M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$5.87M |
GTN Hedge Fund Activity: Q1 2016 in Review
175 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q1 2016, worth a combined $658M — down 29% from $926M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of GTN and 28 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 82 added.
The largest buyer was Neuberger Berman Group, adding an estimated $14.6M. The largest seller was Fidelity Investments, cutting an estimated $57.5M.
- 175 institutional investors held Gray Television (GTN) as of Q1 2016, down from 176 in Q4 2015.
- Funds reported $658M of Gray Television stock for Q1 2016, down 29% quarter-over-quarter.
- 28 funds opened new Gray Television positions in Q1 2016 and 29 closed out, a net change of -1 holder.
- The largest Gray Television buyer in Q1 2016 was Neuberger Berman Group, an estimated $14.6M added.
- The largest Gray Television seller in Q1 2016 was Fidelity Investments, an estimated $57.5M sold.
Based on aggregated 13F filings for Q1 2016.