Gray Television
GTN
164 hedge funds and large institutions have $624M invested in Gray Television in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 31 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 58
0.15% less ownership
Funds ownership: 86.93% → 86.78% (-0.15%)
5% less capital invested
Capital invested by funds: $658M → $624M (-$34.2M)
6% less funds holding
Funds holding: 175 → 164 (-11)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
32% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 31
67% less call options, than puts
Call options by funds: $701K | Put options by funds: $2.11M
Top Buyers
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$13.6M |
| 2 |
Neuberger Berman Group
New York
|
+$8.05M |
| 3 |
Bank of New York Mellon
New York
|
+$7.87M |
| 4 |
CGI
Calixto Global Investors
Coral Gables,
Florida
|
+$6.77M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$6.59M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$12.7M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$6.78M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$5.05M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.93M |
| 5 |
Millennium Management
New York
|
-$4.86M |
GTN Hedge Fund Activity: Q2 2016 in Review
164 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q2 2016, worth a combined $624M — down 5.2% from $658M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GTN and 21 opened new positions — a net loss of 10 holders — while 58 trimmed existing stakes and 61 added.
The largest buyer was American Century Companies, opening a new position worth an estimated $13.6M. The largest seller was Citadel Advisors, cutting an estimated $12.7M.
- 164 institutional investors held Gray Television (GTN) as of Q2 2016, down from 175 in Q1 2016.
- Funds reported $624M of Gray Television stock for Q2 2016, down 5.2% quarter-over-quarter.
- 21 funds opened new Gray Television positions in Q2 2016 and 31 closed out, a net change of -10 holders.
- The largest Gray Television buyer in Q2 2016 was American Century Companies, an estimated $13.6M added.
- The largest Gray Television seller in Q2 2016 was Citadel Advisors, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2016.