Gray Television
GTN
110 hedge funds and large institutions have $310M invested in Gray Television in 2013 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 16 closing their positions.
2,118% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $62K
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
13% more capital invested
Capital invested by funds: $275M → $310M (+$34.8M)
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
8% more funds holding
Funds holding: 102 → 110 (+8)
2.43% more ownership
Funds ownership: 73.13% → 75.56% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$29.9M |
| 2 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$6.14M |
| 3 |
KCM
Kingdon Capital Management
New York
|
+$3.37M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.95M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Litespeed Management
New York
|
-$13M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$5.15M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$4.57M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.29M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$3.25M |
GTN Hedge Fund Activity: Q3 2013 in Review
110 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q3 2013, worth a combined $310M — up 13% from $275M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GTN positions and 16 closed out — a net gain of 8 holders — while 41 added to existing stakes and 37 trimmed.
The largest buyer was Contrarius Investment Management, opening a new position worth an estimated $29.9M. The largest seller was Litespeed Management, exiting entirely with an estimated $13M sold.
- 110 institutional investors held Gray Television (GTN) as of Q3 2013, up from 102 in Q2 2013.
- Funds reported $310M of Gray Television stock for Q3 2013, up 13% quarter-over-quarter.
- 24 funds opened new Gray Television positions in Q3 2013 and 16 closed out, a net change of +8 holders.
- The largest Gray Television buyer in Q3 2013 was Contrarius Investment Management, an estimated $29.9M added.
- The largest Gray Television seller in Q3 2013 was Litespeed Management, an estimated $13M sold.
Based on aggregated 13F filings for Q3 2013.