Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Gray Media Inc (GTN)

173 + Investors. Track Smart Money conviction in GTN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -17
Streak
4Q ▼
Buyers last Q
41%

Smart Money Signals — GTN

Based on 176 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their GTN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 80% of 3.0Y peak

80% of all-time peak
176 funds currently hold this stock — 80% of the 3.0-year high of 219 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 16% fewer funds vs a year ago

fund count last 6Q
33 fewer hedge funds hold GTN compared to a year ago (-16% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 41% buying

76 buying108 selling
Last quarter: 108 funds reduced or exited vs 76 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 36 → 25 → 32 → 20. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 19% medium ■ 13% new
120 out of 176 hedge funds have held GTN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~20 new funds/quarter

29 → 36 → 25 → 32 → 20 new funds/Q
New funds entering each quarter: 36 → 25 → 32 → 20. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 72% veterans vs 14% newcomers

■ 72% veterans ■ 14% 1-2yr ■ 14% new
Entry-cohort mix of 185 holders: 134 (72%) are 2+ year veterans, 26 entered 1–2 years ago, and 25 (14%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
40 of 175 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in GTN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — GTN

In 2026 Q2, 76 hedge funds were net buyers of GTN (20 opened a new position, 56 added to an existing one), while 108 reduced or exited (71 trimmed, 37 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. This extends a 4-quarter selling streak, suggesting sustained institutional caution. 42% of total institutional value in GTN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -17 funds (more exits than new entries). Total institutional holders: 176.

Hedge Fund Ownership: GTN

How many hedge funds hold GTN — quarterly history vs. share price
Quarterly hedge fund ownership of GTN vs. share price

Market Analysis: GTN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GTN

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: GTN
173 + Investors

Track Smart Money conviction in GTN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 173 193 -10.36%
13F Shares 75M 77M -2.5%
Total Value $297M $333M -10.82%
New Positions 20 32 -12
Increased Positions 54 72 -18
Closed Positions 39 34 +5
Reduced Positions 67 56 +11
Total Calls 5 5 -
Total Puts 5 3 66.67%
PUT/CALL Ratio 1.0 0.6 Neutral

Statistics: GTN

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Institutional Holders (2026 Q2)

173 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in GTN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 GTN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Miller Value Partners, LLC 6.80% 7,243,390 $28.8M
2 Capital Management Corp /Va 4.21% 7,070,669 $28.1M
3 Penn Capital Management Company, LLC 0.88% 3,503,974 $13.9M
4 DSC Meridian Capital LP 0.87% 939,714 $3.7M
5 American Financial Group Inc 0.76% 540,202 $2.1M
6 Teton Advisors, LLC 0.54% 236,740 $940K
7 Invst, LLC 0.23% 589,000 $2.3M
8 Commons Capital, LLC 0.13% 47,864 $190K
9 Counterpoint Mutual Funds LLC 0.08% 193,684 $769K
10 QVT Financial LP 0.07% 291,452 $1.2M
11 Marble Wealth, LLC 0.06% 94,775 $376K
12 Retirement Systems of Alabama 0.05% 4,126,750 $16.4M
13 Bridgeway Capital Management, LLC 0.05% 657,792 $2.6M
14 Advyzon Investment Management, LLC 0.04% 154,352 $613K
15 Indivisible Partners 0.04% 160,915 $639K
16 Campbell & CO Investment Adviser LLC 0.04% 170,054 $675K
17 Odyssean, LLC 0.03% 51,961 $206K
18 Numerai GP LLC 0.02% 75,264 $299K
19 Innealta Capital, LLC 0.02% 11,366 $45K
20 Wolverine Asset Management LLC 0.02% 637,222 $2.5M
21 Schonfeld Strategic Advisors LLC 0.01% 1,000,000 $4.0M
22 Gamco Investors, INC. Et Al 0.01% 359,655 $1.4M
23 New York State Common Retirement Fund 0.01% 2,115,710 $8.4M
24 Empowered Funds, LLC 0.01% 462,801 $1.8M
25 Secure Asset Management, LLC 0.01% 17,000 $67K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Gray Media Inc (GTN)

What does the Smart Money Trend signal show for GTN?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their GTN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for GTN?

More sellers than buyers — 41% buying: Last quarter: 108 funds reduced or exited vs 76 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for GTN holders?

Elite ownership — 42% AUM from top-100 funds: 40 of 175 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in GTN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held GTN?

68% of holders stayed for 2+ years: 120 out of 176 hedge funds have held GTN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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