Gray Television
GTN
167 hedge funds and large institutions have $1.35B invested in Gray Television in 2018 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 52 increasing their positions, 60 reducing their positions, and 36 closing their positions.
1,112% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $971K
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
12% more capital invested
Capital invested by funds: $1.2B → $1.35B (+$147M)
1.99% less ownership
Funds ownership: 95.91% → 93.92% (-2%)
7% less funds holding
Funds holding: 180 → 167 (-13)
13% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 60
31% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$40.2M |
| 2 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
+$17.9M |
| 3 |
NMVA
New Mountain Vantage Advisers
New York
|
+$14.4M |
| 4 |
Millennium Management
New York
|
+$9.77M |
| 5 |
NAP
New Amsterdam Partners
New York
|
+$6.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.2M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$13.4M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$9.35M |
| 4 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$8.14M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$6.22M |
GTN Hedge Fund Activity: Q3 2018 in Review
167 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q3 2018, worth a combined $1.35B — up 12% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of GTN and 25 opened new positions — a net loss of 11 holders — while 60 trimmed existing stakes and 52 added.
The largest buyer was ClearBridge Investments, adding an estimated $40.2M. The largest seller was Fidelity Investments, cutting an estimated $19.2M.
- 167 institutional investors held Gray Television (GTN) as of Q3 2018, down from 180 in Q2 2018.
- Funds reported $1.35B of Gray Television stock for Q3 2018, up 12% quarter-over-quarter.
- 25 funds opened new Gray Television positions in Q3 2018 and 36 closed out, a net change of -11 holders.
- The largest Gray Television buyer in Q3 2018 was ClearBridge Investments, an estimated $40.2M added.
- The largest Gray Television seller in Q3 2018 was Fidelity Investments, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2018.