Gray Television
GTN
190 hedge funds and large institutions have $1.83B invested in Gray Television in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 71 reducing their positions, and 22 closing their positions.
152% more call options, than puts
Call options by funds: $5.33M | Put options by funds: $2.11M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
28% more capital invested
Capital invested by funds: $1.43B → $1.83B (+$397M)
3% more funds holding
Funds holding: 184 → 190 (+6)
1.81% less ownership
Funds ownership: 92.88% → 91.06% (-1.8%)
30% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$31.9M |
| 2 |
Millennium Management
New York
|
+$9.36M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$8.62M |
| 4 |
ClearBridge Investments
New York
|
+$6.79M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.5M |
| 2 |
DCP
Darsana Capital Partners
New York
|
-$18.6M |
| 3 |
Goldman Sachs
New York
|
-$10.7M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$6.67M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$303K | -18,557 | Closed |
|
|
HIS
202
Horizon Investment Services
Hammond,
Indiana
| – | -$170K | -10,400 | Closed |
|
|
GH
203
GAM Holding
Zurich,
Switzerland
| – | -$163K | -10,000 | Closed |
|
204
Simplex Trading
Chicago,
Illinois
| – | -$139K | -7,460 | Closed |
|
205
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$114K | -7,000 | Closed |
|
|
NIT
206
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$91K | -5,600 | Closed |
|
207
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$72K | -4,414 | Closed |
|
|
SIA
208
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$16K | -1,000 | Closed |
|
|
GWAG
209
Garrett Wealth Advisory Group
Weatherford,
Texas
| – | -$3.33K | -204 | Closed |
|
|
BCA
210
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1.15K | -62 | -59% |
|
|
PHK
211
Point72 Hong Kong
Hong Kong
| – | -$1K | -48 | Closed |
|
GTN Hedge Fund Activity: Q4 2019 in Review
190 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q4 2019, worth a combined $1.83B — up 28% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new GTN positions and 22 closed out — a net gain of 8 holders — while 50 added to existing stakes and 71 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $31.9M. The largest seller was Fidelity Investments, cutting an estimated $29.5M.
- 190 institutional investors held Gray Television (GTN) as of Q4 2019, up from 184 in Q3 2019.
- Funds reported $1.83B of Gray Television stock for Q4 2019, up 28% quarter-over-quarter.
- 30 funds opened new Gray Television positions in Q4 2019 and 22 closed out, a net change of +8 holders.
- The largest Gray Television buyer in Q4 2019 was Channing Capital Management, an estimated $31.9M added.
- The largest Gray Television seller in Q4 2019 was Fidelity Investments, an estimated $29.5M sold.
Based on aggregated 13F filings for Q4 2019.