Gray Television
GTN
194 hedge funds and large institutions have $1.4B invested in Gray Television in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 80 increasing their positions, 60 reducing their positions, and 46 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 60
33% more call options, than puts
Call options by funds: $3.44M | Put options by funds: $2.59M
0.48% more ownership
Funds ownership: 90.38% → 90.86% (+0.48%)
11% less funds holding
Funds holding: 219 → 194 (-25)
23% less capital invested
Capital invested by funds: $1.82B → $1.4B (-$413M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
41% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.6M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$24M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$23M |
| 4 |
DCP
Darsana Capital Partners
New York
|
+$19.8M |
| 5 |
BlackRock
New York
|
+$9.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$19.6M |
| 2 |
Two Sigma Investments
New York
|
-$12.2M |
| 3 |
D.E. Shaw & Co
New York
|
-$10.5M |
| 4 |
Renaissance Technologies
New York
|
-$9.12M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$7.57M |
GTN Hedge Fund Activity: Q2 2019 in Review
194 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q2 2019, worth a combined $1.4B — down 23% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of GTN and 27 opened new positions — a net loss of 19 holders — while 60 trimmed existing stakes and 80 added.
The largest buyer was Fidelity Investments, adding an estimated $31.6M. The largest seller was Neuberger Berman Group, cutting an estimated $19.6M.
- 194 institutional investors held Gray Television (GTN) as of Q2 2019, down from 219 in Q1 2019.
- Funds reported $1.4B of Gray Television stock for Q2 2019, down 23% quarter-over-quarter.
- 27 funds opened new Gray Television positions in Q2 2019 and 46 closed out, a net change of -19 holders.
- The largest Gray Television buyer in Q2 2019 was Fidelity Investments, an estimated $31.6M added.
- The largest Gray Television seller in Q2 2019 was Neuberger Berman Group, an estimated $19.6M sold.
Based on aggregated 13F filings for Q2 2019.