Gray Television
GTN
148 hedge funds and large institutions have $820M invested in Gray Television in 2017 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 52 reducing their positions, and 32 closing their positions.
586% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $1.47M
3.03% more ownership
Funds ownership: 87.17% → 90.2% (+3%)
0% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 52
3% less capital invested
Capital invested by funds: $842M → $820M (-$22.4M)
6% less funds holding
Funds holding: 157 → 148 (-9)
25% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 32
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.1M |
| 2 |
DCP
Darsana Capital Partners
New York
|
+$25.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.51M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$6.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$20.9M |
| 2 |
Millennium Management
New York
|
-$9.8M |
| 3 |
Two Sigma Investments
New York
|
-$7.86M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$7.46M |
| 5 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
-$6.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
176
Spot Trading
Chicago,
Illinois
| – | -$90.1K | -6,676 | Closed |
|
|
QT
177
Quantbot Technologies
New York
| – | -$61K | -4,228 | Closed |
|
178
Creative Planning
Overland Park,
Kansas
| – | -$10K | -662 | Closed |
|
|
TDC
179
Thompson Davis & Co
Richmond,
Virginia
| – | -$7K | -500 | Closed |
|
|
HMS
180
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$2K | -112 | Closed |
|
GTN Hedge Fund Activity: Q2 2017 in Review
148 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q2 2017, worth a combined $820M — down 2.7% from $842M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of GTN and 24 opened new positions — a net loss of 8 holders — while 52 trimmed existing stakes and 52 added.
The largest buyer was Fidelity Investments, adding an estimated $27.1M. The largest seller was Bank of New York Mellon, cutting an estimated $20.9M.
- 148 institutional investors held Gray Television (GTN) as of Q2 2017, down from 157 in Q1 2017.
- Funds reported $820M of Gray Television stock for Q2 2017, down 2.7% quarter-over-quarter.
- 24 funds opened new Gray Television positions in Q2 2017 and 32 closed out, a net change of -8 holders.
- The largest Gray Television buyer in Q2 2017 was Fidelity Investments, an estimated $27.1M added.
- The largest Gray Television seller in Q2 2017 was Bank of New York Mellon, an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2017.