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Gray Television

120 hedge funds and large institutions have $597M invested in Gray Television in 2013 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 38 increasing their positions, 45 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

333% more call options, than puts

Call options by funds: $8.27M | Put options by funds: $1.91M

93% more capital invested

Capital invested by funds: $310M → $597M (+$288M)

48% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 21

9% more funds holding

Funds holding: 110120 (+10)

1.7% more ownership

Funds ownership: 75.56%77.26% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

16% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 45

Holders
120
Holders Change
+10
Holders Change %
+9.09%
% of All Funds
3.48%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
31
Increased
38
Reduced
45
Closed
21
Calls
$8.27M
Puts
$1.91M
Net Calls
+$6.37M
Net Calls Change
+$5.05M
Name Holding Trade Value Shares
Change
Change in
Stake
JCM
76
JS Capital Management
New York
$595K +$423K +40,000 New
LPL Financial
77
LPL Financial
California
$580K +$412K +38,991 New
First Trust Advisors
78
First Trust Advisors
Illinois
$579K -$269K -25,406 -40%
AIG
79
American International Group
New York
$562K -$6.29K -595 -2%
VOYA Investment Management
80
VOYA Investment Management
Georgia
$550K
Citigroup
81
Citigroup
New York
$550K +$221K +20,867 +130%
ACM
82
Ativo Capital Management
Illinois
$540K -$320K -30,273 -45%
TC
83
TFS Capital
Pennsylvania
$514K -$254K -24,053 -41%
BA
84
BlackRock Advisors
Delaware
$500K +$36.1K +3,411 +11%
SCA
85
Secor Capital Advisors
New York
$458K +$325K +30,779 New
Fidelity International
86
Fidelity International
Bermuda
$385K -$50.7K -4,800 -16%
VKH
87
Virtu KCG Holdings
New York
$372K +$264K +24,994 New
Group One Trading
88
Group One Trading
Illinois
$368K +$39.9K +3,775 +18%
Tudor Investment Corp
89
Tudor Investment Corp
Connecticut
$362K +$257K +24,300 New
T. Rowe Price Associates
90
T. Rowe Price Associates
Maryland
$360K
EMG
91
Ellington Management Group
Connecticut
$299K +$212K +20,100 New
GC
92
Guggenheim Capital
Illinois
$297K +$5.9K +558 +3%
SCA
93
SAC Capital Advisors
Connecticut
$285K +$203K +19,185 New
Arrowstreet Capital
94
Arrowstreet Capital
Massachusetts
$282K +$201K +18,970 New
RI
95
Redwood Investments
Massachusetts
$270K -$150K -14,170 -44%
Bank of America
96
Bank of America
North Carolina
$244K +$159K +15,081 +1,157%
Capital Fund Management (CFM)
97
Capital Fund Management (CFM)
France
$225K +$160K +15,128 New
Principal Financial Group
98
Principal Financial Group
Iowa
$194K -$76.9K -7,277 -36%
Barclays
99
Barclays
United Kingdom
$192K -$157K -14,837 -52%
Susquehanna International Group
100
Susquehanna International Group
Pennsylvania
$190K +$135K +12,801 New

GTN Hedge Fund Activity: Q4 2013 in Review

120 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q4 2013, worth a combined $597M — up 93% from $310M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new GTN positions and 21 closed out — a net gain of 10 holders — while 38 added to existing stakes and 45 trimmed.

The largest buyer was Invesco, adding an estimated $11.7M. The largest seller was Contrarius Investment Management, cutting an estimated $18.1M.

  • 120 institutional investors held Gray Television (GTN) as of Q4 2013, up from 110 in Q3 2013.
  • Funds reported $597M of Gray Television stock for Q4 2013, up 93% quarter-over-quarter.
  • 31 funds opened new Gray Television positions in Q4 2013 and 21 closed out, a net change of +10 holders.
  • The largest Gray Television buyer in Q4 2013 was Invesco, an estimated $11.7M added.
  • The largest Gray Television seller in Q4 2013 was Contrarius Investment Management, an estimated $18.1M sold.

Based on aggregated 13F filings for Q4 2013.