Gray Television
GTN
158 hedge funds and large institutions have $964M invested in Gray Television in 2017 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 59 increasing their positions, 35 reducing their positions, and 24 closing their positions.
168% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $7.52M
69% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 35
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
18% more capital invested
Capital invested by funds: $820M → $964M (+$144M)
7% more funds holding
Funds holding: 148 → 158 (+10)
2.81% more ownership
Funds ownership: 90.2% → 93.01% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Darsana Capital Partners
New York
|
+$19.9M |
| 2 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$15.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.4M |
| 4 |
HAM
Hillcrest Asset Management
Plano,
Texas
|
+$7.95M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prelude Capital Management
New York
|
-$14.3M |
| 2 |
Bank of New York Mellon
New York
|
-$10.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$9.6M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$8.22M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
176
PEAK6 Group
Chicago,
Illinois
| – | -$229K | -16,750 | Closed |
|
|
GC
177
Guggenheim Capital
Chicago,
Illinois
| – | -$166K | -12,117 | Closed |
|
178
Millennium Management
New York
| – | -$141K | -10,259 | Closed |
|
179
Jane Street
New York
| – | -$137K | -10,013 | Closed |
|
|
AIM
180
Acrospire Investment Management
Chicago,
Illinois
| – | -$35K | -2,560 | Closed |
|
|
DADC
181
D.A. Davidson & Co
Great Falls,
Montana
| – | -$22K | -1,624 | Closed |
|
|
PHK
182
Point72 Hong Kong
Hong Kong
| – | -$15K | -1,102 | Closed |
|
GTN Hedge Fund Activity: Q3 2017 in Review
158 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q3 2017, worth a combined $964M — up 18% from $820M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GTN positions and 24 closed out — a net gain of 12 holders — while 59 added to existing stakes and 35 trimmed.
The largest buyer was Darsana Capital Partners, adding an estimated $19.9M. The largest seller was Prelude Capital Management, cutting an estimated $14.3M.
- 158 institutional investors held Gray Television (GTN) as of Q3 2017, up from 148 in Q2 2017.
- Funds reported $964M of Gray Television stock for Q3 2017, up 18% quarter-over-quarter.
- 36 funds opened new Gray Television positions in Q3 2017 and 24 closed out, a net change of +12 holders.
- The largest Gray Television buyer in Q3 2017 was Darsana Capital Partners, an estimated $19.9M added.
- The largest Gray Television seller in Q3 2017 was Prelude Capital Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q3 2017.