Gray Television
GTN
112 hedge funds and large institutions have $525M invested in Gray Television in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 34 reducing their positions, and 23 closing their positions.
1,337% more call options, than puts
Call options by funds: $3.55M | Put options by funds: $247K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more capital invested
Capital invested by funds: $367M → $525M (+$159M)
12% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 34
0.89% more ownership
Funds ownership: 88.51% → 89.39% (+0.89%)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
3% less funds holding
Funds holding: 115 → 112 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$13.4M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$8.11M |
| 3 |
TCM
TCS Capital Management
New York
|
+$4.26M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.86M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$7.13M |
| 2 |
Goldman Sachs
New York
|
-$2.82M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.62M |
| 4 |
GA
Glenhill Advisors
New York
|
-$2.32M |
| 5 |
Millennium Management
New York
|
-$2.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
126
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$103K | -13,067 | Closed |
|
|
HHC
127
Hutchin Hill Capital
New York
| – | -$95K | -12,000 | Closed |
|
|
PAM
128
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$89K | -11,251 | Closed |
|
|
CI
129
Cowen Inc
New York
| – | -$80K | -10,200 | Closed |
|
|
FNYS
130
First New York Securities
New York
| – | -$67.8K | -8,598 | Closed |
|
|
NFG
131
Next Financial Group
Houston,
Texas
| – | -$39K | -5,000 | Closed |
|
|
HIM
132
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$31K | -3,900 | Closed |
|
133
BNP Paribas Financial Markets
Paris,
France
| – | -$22.8K | -2,897 | Closed |
|
|
WA
134
WFG Advisors
Dallas,
Texas
| – | -$3K | -400 | Closed |
|
135
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1K | -137 | Closed |
|
GTN Hedge Fund Activity: Q4 2014 in Review
112 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q4 2014, worth a combined $525M — up 43% from $367M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of GTN and 21 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 38 added.
The largest buyer was Silver Point Capital, adding an estimated $13.4M. The largest seller was Covalent Partners, exiting entirely with an estimated $7.13M sold.
- 112 institutional investors held Gray Television (GTN) as of Q4 2014, down from 115 in Q3 2014.
- Funds reported $525M of Gray Television stock for Q4 2014, up 43% quarter-over-quarter.
- 21 funds opened new Gray Television positions in Q4 2014 and 23 closed out, a net change of -2 holders.
- The largest Gray Television buyer in Q4 2014 was Silver Point Capital, an estimated $13.4M added.
- The largest Gray Television seller in Q4 2014 was Covalent Partners, an estimated $7.13M sold.
Based on aggregated 13F filings for Q4 2014.