Gray Television
GTN
176 hedge funds and large institutions have $926M invested in Gray Television in 2015 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 49 increasing their positions, 70 reducing their positions, and 19 closing their positions.
184% more call options, than puts
Call options by funds: $4.07M | Put options by funds: $1.43M
95% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 19
30% more capital invested
Capital invested by funds: $712M → $926M (+$214M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more funds holding
Funds holding: 159 → 176 (+17)
1.23% more ownership
Funds ownership: 85.36% → 86.58% (+1.2%)
30% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$21.7M |
| 2 |
Millennium Management
New York
|
+$13M |
| 3 |
TA
Teachers Advisors
New York
|
+$11.3M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$10.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Nokota Management
New York
|
-$36.2M |
| 2 |
ICM
Ionic Capital Management
New York
|
-$11.2M |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$10M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$8.68M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$8.15M |
GTN Hedge Fund Activity: Q4 2015 in Review
176 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q4 2015, worth a combined $926M — up 30% from $712M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GTN positions and 19 closed out — a net gain of 18 holders — while 49 added to existing stakes and 70 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $21.7M. The largest seller was Nokota Management, cutting an estimated $36.2M.
- 176 institutional investors held Gray Television (GTN) as of Q4 2015, up from 159 in Q3 2015.
- Funds reported $926M of Gray Television stock for Q4 2015, up 30% quarter-over-quarter.
- 37 funds opened new Gray Television positions in Q4 2015 and 19 closed out, a net change of +18 holders.
- The largest Gray Television buyer in Q4 2015 was Channing Capital Management, an estimated $21.7M added.
- The largest Gray Television seller in Q4 2015 was Nokota Management, an estimated $36.2M sold.
Based on aggregated 13F filings for Q4 2015.