Gray Television
GTN
197 hedge funds and large institutions have $1.29B invested in Gray Television in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 80 increasing their positions, 43 reducing their positions, and 13 closing their positions.
4,547% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $499K
308% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 13
86% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 43
34% more capital invested
Capital invested by funds: $964M → $1.29B (+$329M)
25% more funds holding
Funds holding: 158 → 197 (+39)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.33% less ownership
Funds ownership: 93.01% → 92.67% (-0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Darsana Capital Partners
New York
|
+$42.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$31.8M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$20M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$18.4M |
| 5 |
Goldman Sachs
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
Calixto Global Investors
Coral Gables,
Florida
|
-$15.1M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.66M |
| 3 |
QF
QVT Financial
New York
|
-$5.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.3M |
| 5 |
Neuberger Berman Group
New York
|
-$3.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$3.17M | -203,029 | Closed |
|
|
PI
202
Putnam Investments
Boston,
Massachusetts
| – | -$3.01M | -191,900 | Closed |
|
|
NFA
203
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$1.8M | -114,553 | Closed |
|
|
MAM
204
Martingale Asset Management
Boston,
Massachusetts
| – | -$1.55M | -98,755 | Closed |
|
|
OAM
205
Oxford Asset Management
Oxford,
United Kingdom
| – | -$612K | -40,020 | Closed |
|
|
FRM
206
Fox Run Management
Greenwich,
Connecticut
| – | -$447K | -28,500 | Closed |
|
|
JG
207
Jefferies Group
New York
| – | -$338K | -21,525 | Closed |
|
|
HI
208
HBK Investments
Dallas,
Texas
| – | -$179K | -11,382 | Closed |
|
|
EMFAT
209
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$175K | -11,127 | Closed |
|
|
ZIM
210
Zacks Investment Management
Chicago,
Illinois
| – | -$173K | -10,995 | Closed |
|
|
LWA
211
Lenox Wealth Advisors
New York
| – | -$5K | -292 | Closed |
|
GTN Hedge Fund Activity: Q4 2017 in Review
197 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q4 2017, worth a combined $1.29B — up 34% from $964M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new GTN positions and 13 closed out — a net gain of 40 holders — while 80 added to existing stakes and 43 trimmed.
The largest buyer was Darsana Capital Partners, adding an estimated $42.2M. The largest seller was Calixto Global Investors, exiting entirely with an estimated $15.1M sold.
- 197 institutional investors held Gray Television (GTN) as of Q4 2017, up from 158 in Q3 2017.
- Funds reported $1.29B of Gray Television stock for Q4 2017, up 34% quarter-over-quarter.
- 53 funds opened new Gray Television positions in Q4 2017 and 13 closed out, a net change of +40 holders.
- The largest Gray Television buyer in Q4 2017 was Darsana Capital Partners, an estimated $42.2M added.
- The largest Gray Television seller in Q4 2017 was Calixto Global Investors, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2017.