It’s an investment firm that owned 212,937 shares of the company’s stock after purchasing an additional 6,652 shares during the first quarter of 2024.
What’s this financial house that believes in Gray Television?
Introducing Russell Investments Group Ltd., which increased its stake in Gray by 3.2% in Q1.
Russell owned approximately 0.22% of Gray Television worth $1,346,000 as of its most recent SEC filing.
They aren’t the only hedge fund to recently made changes to their positions in Gray, the owner of broadcast TV stations across the U.S.
CWM LLC raised its stake in shares of Gray Television by 61.5% during the fourth quarter. That said, CWM LLC now owns 3,017 shares of the company’s stock valued at $27,000 after purchasing an additional 1,149 shares during the period — a much smaller stake than that of Russell.
At the same time, M&T Bank Corp grew its position in shares of Gray Television by 10.4% during the fourth quarter. M&T Bank Corp now owns 17,485 shares of the company’s stock worth $157,000 after buying an additional 1,644 shares in the last quarter.
Additionally, Oak Thistle LLC grew its position in shares of Gray Television by 33.1% during the fourth quarter. Oak Thistle LLC now owns 14,293 shares of the company’s stock worth $128,000 after buying an additional 3,551 shares in the last quarter.
Allspring Global Investments Holdings LLC acquired a new stake in shares of Gray Television during the first quarter worth approximately $25,000, while Jennison Associates LLC grew its position in shares of Gray Television by 5.1% during the fourth quarter. Jennison Associates LLC now owns 95,871 shares of the company’s stock worth $859,000 after buying an additional 4,639 shares in the last quarter. Hedge funds and other institutional investors own 78.64% of the company’s stock.
