Gray Television
GTN
115 hedge funds and large institutions have $367M invested in Gray Television in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 32 closing their positions.
685% more call options, than puts
Call options by funds: $1.73M | Put options by funds: $221K
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
0.64% less ownership
Funds ownership: 89.14% → 88.51% (-0.64%)
10% less funds holding
Funds holding: 128 → 115 (-13)
34% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 32
40% less capital invested
Capital invested by funds: $614M → $367M (-$247M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$7.42M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$5.92M |
| 3 |
CP
Covalent Partners
Concord,
Massachusetts
|
+$4.53M |
| 4 |
GA
Glenhill Advisors
New York
|
+$3.85M |
| 5 |
NM
Nokota Management
New York
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$10.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.25M |
| 3 |
TCM
TCS Capital Management
New York
|
-$6.37M |
| 4 |
EC
EMS Capital
New York
|
-$3.15M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.14M |
GTN Hedge Fund Activity: Q3 2014 in Review
115 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q3 2014, worth a combined $367M — down 40% from $614M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of GTN and 21 opened new positions — a net loss of 11 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Silver Point Capital, adding an estimated $7.42M. The largest seller was Columbia Partners Investment Management, exiting entirely with an estimated $10.2M sold.
- 115 institutional investors held Gray Television (GTN) as of Q3 2014, down from 128 in Q2 2014.
- Funds reported $367M of Gray Television stock for Q3 2014, down 40% quarter-over-quarter.
- 21 funds opened new Gray Television positions in Q3 2014 and 32 closed out, a net change of -11 holders.
- The largest Gray Television buyer in Q3 2014 was Silver Point Capital, an estimated $7.42M added.
- The largest Gray Television seller in Q3 2014 was Columbia Partners Investment Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2014.