Gray Television
GTN
196 hedge funds and large institutions have $336M invested in Gray Television in 2026 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 69 increasing their positions, 57 reducing their positions, and 29 closing their positions.
24% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 29
21% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 57
1% more funds holding
Funds holding: 194 → 196 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.96% less ownership
Funds ownership: 85.35% → 83.39% (-2%)
12% less capital invested
Capital invested by funds: $382M → $336M (-$45.8M)
18% less call options, than puts
Call options by funds: $1.13M | Put options by funds: $1.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$6.49M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.67M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.38M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.2M |
| 5 |
Jane Street
New York
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.3M |
| 2 |
Morgan Stanley
New York
|
-$5.79M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$4.2M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$3.15M |
| 5 |
JP Morgan Chase
New York
|
-$2.9M |
GTN Hedge Fund Activity: Q1 2026 in Review
196 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q1 2026, worth a combined $336M — down 12% from $382M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GTN positions and 29 closed out — a net gain of 7 holders — while 69 added to existing stakes and 57 trimmed.
The largest buyer was Miller Value Partners, adding an estimated $6.49M. The largest seller was Fidelity Investments, cutting an estimated $14.3M.
- 196 institutional investors held Gray Television (GTN) as of Q1 2026, up from 194 in Q4 2025.
- Funds reported $336M of Gray Television stock for Q1 2026, down 12% quarter-over-quarter.
- 36 funds opened new Gray Television positions in Q1 2026 and 29 closed out, a net change of +7 holders.
- The largest Gray Television buyer in Q1 2026 was Miller Value Partners, an estimated $6.49M added.
- The largest Gray Television seller in Q1 2026 was Fidelity Investments, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2026.