Gray Television
GTN
150 hedge funds and large institutions have $613M invested in Gray Television in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 58 reducing their positions, and 29 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
34% more call options, than puts
Call options by funds: $2.57M | Put options by funds: $1.92M
8% more capital invested
Capital invested by funds: $567M → $613M (+$45.9M)
1.86% more ownership
Funds ownership: 82.88% → 84.75% (+1.9%)
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
3% less funds holding
Funds holding: 155 → 150 (-5)
24% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$22.4M |
| 2 |
CGI
Calixto Global Investors
Coral Gables,
Florida
|
+$11.4M |
| 3 |
CCM
Corsair Capital Management
New York
|
+$7.24M |
| 4 |
Millennium Management
New York
|
+$6.65M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$22.5M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$12.4M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$5.97M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.02M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$3.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Creative Planning
Overland Park,
Kansas
| – | -$22K | -2,100 | Closed |
|
|
GWM
177
Geneos Wealth Management
Englewood,
Colorado
| – | -$2K | -275 | Closed |
|
|
MWP
178
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$2K | -150 | Closed |
|
|
MFS
179
MSI Financial Services
Springfield,
Massachusetts
| – | -$1K | -88 | Closed |
|
GTN Hedge Fund Activity: Q4 2016 in Review
150 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q4 2016, worth a combined $613M — up 8.1% from $567M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of GTN and 27 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 44 added.
The largest buyer was Bank of New York Mellon, adding an estimated $22.4M. The largest seller was Citadel Advisors, cutting an estimated $22.5M.
- 150 institutional investors held Gray Television (GTN) as of Q4 2016, down from 155 in Q3 2016.
- Funds reported $613M of Gray Television stock for Q4 2016, up 8.1% quarter-over-quarter.
- 27 funds opened new Gray Television positions in Q4 2016 and 29 closed out, a net change of -2 holders.
- The largest Gray Television buyer in Q4 2016 was Bank of New York Mellon, an estimated $22.4M added.
- The largest Gray Television seller in Q4 2016 was Citadel Advisors, an estimated $22.5M sold.
Based on aggregated 13F filings for Q4 2016.