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Gray Television

180 hedge funds and large institutions have $1.2B invested in Gray Television in 2018 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 59 increasing their positions, 61 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

635% more call options, than puts

Call options by funds: $17.6M | Put options by funds: $2.4M

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

21% more capital invested

Capital invested by funds: $996M → $1.2B (+$209M)

2.07% more ownership

Funds ownership: 93.84%95.91% (+2.1%)

3% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 61

2% less funds holding

Funds holding: 184180 (-4)

11% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 38

Holders
180
Holders Change
-4
Holders Change %
-2.17%
% of All Funds
4.12%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.09%
New
34
Increased
59
Reduced
61
Closed
38
Calls
$17.6M
Puts
$2.4M
Net Calls
+$15.2M
Net Calls Change
+$16.4M
Name Holding Trade Value Shares
Change
Change in
Stake
DCP
1
Darsana Capital Partners
New York
$126M +$4.98M +415,000 +5%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$106M +$7.59M +631,966 +10%
BlackRock
3
BlackRock
New York
$87.5M +$3.7M +308,617 +6%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$77M -$2.52M -210,300 -4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$64M -$2.82M -234,971 -5%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$57.9M -$22.7M -1,891,217 -34%
Vanguard Group
7
Vanguard Group
Pennsylvania
$55.9M -$4.79M -399,127 -10%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$47.7M +$21.3M +1,773,153 +142%
Victory Capital Management
9
Victory Capital Management
Texas
$39.3M -$114K -9,513 -0.4%
PCM
10
Penn Capital Management
Pennsylvania
$27.2M +$2.18M +181,532 +12%
NMVA
11
New Mountain Vantage Advisers
New York
$23.7M +$18M +1,502,393 New
State Street
12
State Street
Massachusetts
$23.7M -$299K -24,879 -2%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$20.6M +$186K +15,486 +1%
TBC
14
Three Bays Capital
Massachusetts
$18M -$1.92M -160,000 -12%
SPCM
15
Sound Point Capital Management
New York
$16.5M +$4.27M +355,827 +52%
Loomis, Sayles & Company
16
Loomis, Sayles & Company
Massachusetts
$16.1M -$8.41M -700,856 -41%
Northern Trust
17
Northern Trust
Illinois
$16.1M -$311K -25,940 -2%
VOYA Investment Management
18
VOYA Investment Management
Georgia
$15.1M -$7.05M -587,290 -38%
Allianz Asset Management
19
Allianz Asset Management
Germany
$13.9M +$19.7K +1,639 +0.2%
SAM
20
Scopus Asset Management
New York
$13.4M +$10.2M +850,000 New
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$13M +$814K +67,815 +9%
MP
22
Meghalaya Partners
Connecticut
$12.2M +$9.3M +775,000 New
Geode Capital Management
23
Geode Capital Management
Massachusetts
$11.6M +$1M +83,647 +13%
Federated Hermes
24
Federated Hermes
Pennsylvania
$10.8M +$157K +13,110 +2%
MC
25
Maverick Capital
Texas
$10.1M -$115K -9,553 -1%

GTN Hedge Fund Activity: Q2 2018 in Review

180 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q2 2018, worth a combined $1.2B — up 21% from $996M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of GTN and 34 opened new positions — a net loss of 4 holders — while 61 trimmed existing stakes and 59 added.

The largest buyer was Bank of New York Mellon, adding an estimated $21.3M. The largest seller was Fidelity Investments, cutting an estimated $22.7M.

  • 180 institutional investors held Gray Television (GTN) as of Q2 2018, down from 184 in Q1 2018.
  • Funds reported $1.2B of Gray Television stock for Q2 2018, up 21% quarter-over-quarter.
  • 34 funds opened new Gray Television positions in Q2 2018 and 38 closed out, a net change of -4 holders.
  • The largest Gray Television buyer in Q2 2018 was Bank of New York Mellon, an estimated $21.3M added.
  • The largest Gray Television seller in Q2 2018 was Fidelity Investments, an estimated $22.7M sold.

Based on aggregated 13F filings for Q2 2018.