Gray Television
GTN
155 hedge funds and large institutions have $569M invested in Gray Television in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 68 increasing their positions, 44 reducing their positions, and 31 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 44
3.89% less ownership
Funds ownership: 86.78% → 82.88% (-3.9%)
5% less funds holding
Funds holding: 164 → 155 (-9)
21% less capital inflows, than outflows
Capital inflows: $105M | Capital outflows: $133M
29% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 31
32% less call options, than puts
Call options by funds: $2.36M | Put options by funds: $3.46M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS O'Connor
Chicago,
Illinois
|
+$27.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$17M |
| 3 |
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$7.61M |
| 4 |
Brigade Capital Management
New York
|
+$4.96M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calixto Global Investors
Coral Gables,
Florida
|
-$26.3M |
| 2 |
Channing Capital Management
Chicago,
Illinois
|
-$15M |
| 3 |
Systematic Financial Management
Teaneck,
New Jersey
|
-$10.4M |
| 4 |
Teachers Advisors
New York
|
-$9.06M |
| 5 |
Columbus Circle Investors
|
-$8.26M |
GTN Hedge Fund Activity: Q3 2016 in Review
155 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q3 2016, worth a combined $569M — down 8.8% from $624M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GTN and 22 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 68 added.
The largest buyer was UBS O'Connor, adding an estimated $27.7M. The largest seller was Calixto Global Investors, exiting entirely with an estimated $26.3M sold.
- 155 institutional investors held Gray Television (GTN) as of Q3 2016, down from 164 in Q2 2016.
- Funds reported $569M of Gray Television stock for Q3 2016, down 8.8% quarter-over-quarter.
- 22 funds opened new Gray Television positions in Q3 2016 and 31 closed out, a net change of -9 holders.
- The largest Gray Television buyer in Q3 2016 was UBS O'Connor, an estimated $27.7M added.
- The largest Gray Television seller in Q3 2016 was Calixto Global Investors, an estimated $26.3M sold.
Based on aggregated 13F filings for Q3 2016.