Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in GTN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | MILLER VALUE PARTNERS, LLC | 7.2M | $28.8M | +34.9% | 7.417% | 6.80% |
| 2 | CAPITAL MANAGEMENT CORP /VA | 7.1M | $28.1M | +14.1% | 7.240% | 4.21% |
| 3 | BlackRock, Inc. | 7.0M | $27.8M | +1.5% | 7.167% | 0.00% |
| 4 | DIMENSIONAL FUND ADVISORS LP | 4.7M | $18.5M | -11.7% | 4.775% | 0.00% |
| 5 | Retirement Systems of Alabama | 4.1M | $16.4M | 0.0% | 4.226% | 0.05% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 3.7M | $14.8M | +0.9% | 3.825% | 0.00% |
| 7 | Penn Capital Management Company, LLC | 3.5M | $13.9M | -3.1% | 3.588% | 0.88% |
| 8 | GOLDMAN SACHS GROUP INC | 3.3M | $13.1M | +16.7% | 3.372% | 0.00% |
| 9 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3.1M | $12.1M | -28.9% | 3.126% | 0.00% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.2M | $8.7M | +4.4% | 2.235% | 0.00% |
| 11 | NEW YORK STATE COMMON RETIREMENT FUND | 2.1M | $8.4M | 0.0% | 2.166% | 0.01% |
| 12 | STATE STREET CORP | 1.8M | $7.2M | -0.3% | 1.858% | 0.00% |
| 13 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.5M | $5.9M | +12.4% | 1.513% | 0.00% |
| 14 | Russell Investments Group, Ltd. | 1.3M | $5.1M | -8.2% | 1.304% | 0.00% |
| 15 | AQR CAPITAL MANAGEMENT LLC | 1.3M | $5.0M | -13.4% | 1.290% | 0.00% |
| 16 | Bank of New York Mellon Corp | 1.2M | $4.6M | -0.8% | 1.187% | 0.00% |
| 17 | Allianz Asset Management GmbH | 1.1M | $4.6M | +32.3% | 1.177% | 0.00% |
| 18 | MORGAN STANLEY | 1.1M | $4.2M | -4.8% | 1.077% | 0.00% |
| 19 | Schonfeld Strategic Advisors LLC | 1.0M | $4.0M | -20.0% | 1.024% | 0.01% |
| 20 | DSC Meridian Capital LP | 940K | $3.7M | 0.0% | 0.962% | 0.87% |
| 21 | WOLVERINE ASSET MANAGEMENT LLC | 905K | $3.6M | +7.7% | 0.927% | 0.03% |
| 22 | Qube Research & Technologies Ltd | 799K | $3.2M | -5.2% | 0.818% | 0.00% |
| 23 | NORTHERN TRUST CORP | 762K | $3.0M | -21.9% | 0.780% | 0.00% |
| 24 | PANAGORA ASSET MANAGEMENT INC | 709K | $2.8M | +50.8% | 0.726% | 0.01% |
| 25 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 658K | $2.6M | -16.6% | 0.673% | 0.05% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in GTN — a direct measure of their conviction.
Filings activity in GTN during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new GTN position in Q2 2026
Institutions that fully closed their GTN position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 177 | 11% | 77.44% | 4.90 pp | $299M | 11% |
| Q1 2026 | 198 | +0.5% | 82.34% | 1.96 pp | $337M | 12% |
| Q4 2025 | 197 | 2.0% | 84.30% | +0.04 pp | $384M | 16% |
| Q3 2025 | 201 | 3.4% | 84.26% | +10.14 pp | $457M | +49% |
| Q2 2025 | 208 | +3.0% | 74.12% | +3.49 pp | $306M | +11% |
| Q1 2025 | 202 | +1.5% | 70.63% | +2.34 pp | $275M | +40% |
| Q4 2024 | 199 | 2.5% | 68.29% | +5.40 pp | $196M | 35% |
| Q3 2024 | 204 | — | 62.89% | — | $303M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying GTN stock.
Based on Q2 2026 13F filings, institutional ownership of Gray Media, Inc. stands at 77.4%, held across 177 reporting institutions.
MILLER VALUE PARTNERS, LLC is the largest reported institutional holder of GTN, with approximately 7,243,390 shares worth $0.03B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of GTN.
Our composite Smart Money Score for GTN is 17 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
15 institutions opened new positions in GTN during Q2 2026, while 34 fully exited. 29 added to existing positions and 129 trimmed.
GTN institutional ownership fell by 4.90 percentage points quarter-over-quarter, with a net change of -21 holders.
The top 10 institutions account for 61.0% of all reported 13F value in GTN, and the top 25 account for 83.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.