Gray Television
GTN
215 hedge funds and large institutions have $1.14B invested in Gray Television in 2018 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 57 increasing their positions, 66 reducing their positions, and 18 closing their positions.
355% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $540K
272% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 18
29% more funds holding
Funds holding: 167 → 215 (+48)
0.6% more ownership
Funds ownership: 93.92% → 94.52% (+0.6%)
14% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 66
16% less capital invested
Capital invested by funds: $1.35B → $1.14B (-$210M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.6M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$14.4M |
| 3 |
BlackRock
New York
|
+$13.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$11.2M |
| 5 |
Renaissance Technologies
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23.1M |
| 2 |
NMVA
New Mountain Vantage Advisers
New York
|
-$17.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$16.2M |
| 4 |
SPCM
Sound Point Capital Management
New York
|
-$11.9M |
| 5 |
Bank of New York Mellon
New York
|
-$8.81M |
GTN Hedge Fund Activity: Q4 2018 in Review
215 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q4 2018, worth a combined $1.14B — down 16% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new GTN positions and 18 closed out — a net gain of 49 holders — while 57 added to existing stakes and 66 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $58.6M. The largest seller was Royal Bank of Canada, cutting an estimated $23.1M.
- 215 institutional investors held Gray Television (GTN) as of Q4 2018, up from 167 in Q3 2018.
- Funds reported $1.14B of Gray Television stock for Q4 2018, down 16% quarter-over-quarter.
- 67 funds opened new Gray Television positions in Q4 2018 and 18 closed out, a net change of +49 holders.
- The largest Gray Television buyer in Q4 2018 was Fidelity Investments, an estimated $58.6M added.
- The largest Gray Television seller in Q4 2018 was Royal Bank of Canada, an estimated $23.1M sold.
Based on aggregated 13F filings for Q4 2018.