Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

GRAY MEDIA INC (GTN)

189 + 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
↓ -12
Streak
2Q ▼
Buyers last Q
52%

Smart Money Signals — GTN

Based on 186 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 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 — 89% of 3.0Y peak

89% of all-time peak
186 funds currently hold this stock — 89% of the 3.0-year high of 209 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding GTN is almost the same as a year ago (-3 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 52% buying

99 buying91 selling
Last quarter: 99 funds bought or added vs 91 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 46 → 29 → 35 → 22. 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+) ■ 20% medium ■ 12% new
126 out of 186 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.
💎

Buying through price weakness — shares -0%, value -16%

Value
-16%
Shares
0%
Last quarter: funds added -0% more shares while total portfolio value only changed -16%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

39 → 46 → 29 → 35 → 22 new funds/Q
New funds entering each quarter: 46 → 29 → 35 → 22. GTN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 76% of holders stayed 2+ years

■ 76% veterans ■ 11% 1-2yr ■ 14% new
Of 189 current holders: 143 (76%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
29 of 186 holders are among the 100 largest funds by AUM, controlling 47% 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.

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

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

33 top-rated funds 0 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: GTN
2026 Q1 Stats Unlock in 11 days 189 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 189 214 -11.68%
13F Shares 75M 75M -0.28%
Total Value $364M $435M -16.31%
New Positions 22 35 -13
Increased Positions 81 93 -12
Closed Positions 39 41 -2
Reduced Positions 70 72 -2
Total Calls 3 9 -66.67%
Total Puts 2 7 -71.43%
PUT/CALL Ratio 0.67 0.78 Bullish

Statistics: GTN

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Valuation Measures Data as of: --

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Enterprise Value --
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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

189 + investors

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

Top 25 institutional holders of GTN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CAPITAL MANAGEMENT CORP /VA 4.60% 6,197,518 $26.9M
2 Penn Capital Management Company, LLC 1.22% 3,616,210 $15.7M
3 COMMONS CAPITAL, LLC 0.17% 47,864 $208K
4 Counterpoint Mutual Funds LLC 0.08% 120,944 $525K
5 Retirement Systems of Alabama 0.06% 4,126,750 $17.9M
6 Indivisible Partners 0.05% 141,457 $614K
7 INNEALTA CAPITAL, LLC 0.03% 11,366 $49K
8 FNY Investment Advisers, LLC 0.02% 13,000 —
9 WOLVERINE ASSET MANAGEMENT LLC 0.02% 572,322 $2.5M
10 Brooklyn Investment Group 0.02% 138,226 $600K
11 NEW YORK STATE COMMON RETIREMENT FUND 0.01% 2,115,710 $9.2M
12 WOLVERINE ASSET MANAGEMENT LLC 0.01% 266,200 $1.2M
13 Commonwealth Financial Services, LLC 0.01% 15,359 $67K
14 Abel Hall, LLC 0.01% 11,234 $49K
15 Russell Investments Group, Ltd. 0.01% 1,388,435 $6.0M
16 Pekin Hardy Strauss, Inc. 0.01% 13,000 $56K
17 Abacus Wealth Partners, LLC 0.01% 14,304 $62K
18 Atria Investments, Inc 0.00% 82,974 $360K
19 HARBOR CAPITAL ADVISORS, INC. 0.00% 8,199 —
20 Metis Global Partners, LLC 0.00% 23,041 $100K
21 HighTower Advisors, LLC 0.00% 519,783 $2.3M
22 Prospera Financial Services Inc 0.00% 30,370 $132K
23 Pallas Capital Advisors LLC 0.00% 12,868 $56K
24 Welch Group, LLC 0.00% 12,369 $54K
25 Janney Montgomery Scott LLC 0.00% 156,270 —
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 — 2 quarters in a row: For 2 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?

Slight buying edge — 52% buying: Last quarter: 99 funds bought or added vs 91 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for GTN holders?

Elite ownership — 47% AUM from top-100 funds: 29 of 186 holders are among the 100 largest funds by AUM, controlling 47% 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: 126 out of 186 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.