Gray Television
GTN
204 hedge funds and large institutions have $449M invested in Gray Television in 2025 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 74 increasing their positions, 54 reducing their positions, and 40 closing their positions.
205% more call options, than puts
Call options by funds: $9.28M | Put options by funds: $3.04M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more capital invested
Capital invested by funds: $328M → $449M (+$122M)
37% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 54
5.69% more ownership
Funds ownership: 78.36% → 84.06% (+5.7%)
5% less funds holding
Funds holding: 214 → 204 (-10)
18% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.9M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$6.95M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$5.34M |
| 4 |
DMC
DSC Meridian Capital
New York
|
+$5.1M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
-$4.24M |
| 2 |
Goldman Sachs
New York
|
-$3.91M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.19M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$2.71M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.21M |
GTN Hedge Fund Activity: Q3 2025 in Review
204 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q3 2025, worth a combined $449M — up 37% from $328M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of GTN and 33 opened new positions — a net loss of 7 holders — while 54 trimmed existing stakes and 74 added.
The largest buyer was Fidelity Investments, adding an estimated $16.9M. The largest seller was Capital Management, cutting an estimated $4.24M.
- 204 institutional investors held Gray Television (GTN) as of Q3 2025, down from 214 in Q2 2025.
- Funds reported $449M of Gray Television stock for Q3 2025, up 37% quarter-over-quarter.
- 33 funds opened new Gray Television positions in Q3 2025 and 40 closed out, a net change of -7 holders.
- The largest Gray Television buyer in Q3 2025 was Fidelity Investments, an estimated $16.9M added.
- The largest Gray Television seller in Q3 2025 was Capital Management, an estimated $4.24M sold.
Based on aggregated 13F filings for Q3 2025.