GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.6,982,072$33,793
CAPITAL MANAGEMENT CORP /VA6,149,022$29,761
VANGUARD GROUP INC5,974,948$28,919
CHARLES SCHWAB INVESTMENT MANAGEMENT INC5,188,712$25,113
DIMENSIONAL FUND ADVISORS LP5,117,665$24,770
Retirement Systems of Alabama4,126,750$19,973
MILLER VALUE PARTNERS, LLC3,988,495$19,304
FMR LLC3,342,405$16,177
Penn Capital Management Company, LLC3,147,855$15,276
GOLDMAN SACHS GROUP INC2,878,508$13,932
MORGAN STANLEY2,338,308$11,317
GEODE CAPITAL MANAGEMENT, LLC2,011,648$9,738
NEW YORK STATE COMMON RETIREMENT FUND1,881,087$9,104
STATE STREET CORP1,802,011$8,722
Russell Investments Group, Ltd.1,169,118$5,659
AQR CAPITAL MANAGEMENT LLC1,161,583$5,622
Bank of New York Mellon Corp1,152,158$5,576
Schonfeld Strategic Advisors LLC1,000,000$4,840
NORTHERN TRUST CORP948,929$4,593
DSC Meridian Capital LP939,714$4,548
PRUDENTIAL FINANCIAL INC919,157$4,449
JPMORGAN CHASE & CO910,133$4,405
CITIGROUP INC770,065$3,727
Verition Fund Management LLC695,044$3,364
BRIDGEWAY CAPITAL MANAGEMENT, LLC682,532$3,303
ExodusPoint Capital Management, LP650,055$3,146
Allianz Asset Management GmbH544,755$2,637
AMERICAN FINANCIAL GROUP INC540,202$2,615
Invst, LLC478,478$2,316
STATE OF WISCONSIN INVESTMENT BOARD435,999$2,110
Trexquant Investment LP424,160$2,053
MACKENZIE FINANCIAL CORP397,750$1,933
Invesco Ltd.368,897$1,785
GAMCO INVESTORS, INC. ET AL360,655$1,746
HighTower Advisors, LLC335,851$1,626
WOLVERINE ASSET MANAGEMENT LLC331,073$1,602
PANAGORA ASSET MANAGEMENT INC328,584$1,590
ENVESTNET ASSET MANAGEMENT INC317,359$1,536
O'SHAUGHNESSY ASSET MANAGEMENT, LLC299,747$1,451
BANK OF AMERICA CORP /DE/292,213$1,414
QVT Financial LP291,452$1,411
TWO SIGMA INVESTMENTS, LP286,914$1,389
Qube Research & Technologies Ltd273,102$1,322
FIRST TRUST ADVISORS LP263,058$1,273
Teton Advisors, LLC236,740$1,146
UBS Group AG229,831$1,112
TUDOR INVESTMENT CORP ET AL220,881$1,069
VICTORY CAPITAL MANAGEMENT INC216,404$1,047
AMERICAN CENTURY COMPANIES INC204,387$989
WINTON GROUP Ltd196,842$953
SEI INVESTMENTS CO194,456$941
Nuveen, LLC190,235$921
Quantinno Capital Management LP177,271$858
BARCLAYS PLC165,457$801
ARISTEIA CAPITAL, L.L.C.156,508$757
Creative Planning145,773$706
Janney Montgomery Scott LLC142,880$1
PRINCIPAL FINANCIAL GROUP INC140,738$681
RHUMBLINE ADVISERS135,028$654
Versor Investments LP127,300$616
Diametric Capital, LP123,331$597
Indivisible Partners115,123$557
WELLS FARGO & COMPANY/MN104,456$506
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND102,800$498
Advyzon Investment Management, LLC100,700$487
Atria Investments, Inc99,121$480
IEQ CAPITAL, LLC96,583$467
SG Americas Securities, LLC94,570$0
Marble Wealth, LLC93,895$454
BALYASNY ASSET MANAGEMENT L.P.93,767$454
Gallagher Fiduciary Advisors, LLC87,034$421
Campbell & CO Investment Adviser LLC86,567$419
MARTINGALE ASSET MANAGEMENT L P85,100$412
COMMONWEALTH EQUITY SERVICES, LLC84,201$408
KLP KAPITALFORVALTNING AS79,600$385
MARSHALL WACE, LLP77,200$374
PRICE T ROWE ASSOCIATES INC /MD/75,336$0
State of Tennessee, Department of Treasury74,225$335
BNP PARIBAS ARBITRAGE, SA71,004$344
ALLIANCEBERNSTEIN L.P.69,650$337
Cetera Investment Advisers66,915$324
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC57,624$275
DEUTSCHE BANK AG\54,507$264
FRANKLIN RESOURCES INC53,813$260
CAXTON ASSOCIATES LLP48,044$233
CWM, LLC44,170$0
CANADA PENSION PLAN INVESTMENT BOARD43,600$211
Jump Financial, LLC42,907$208
Abacus Wealth Partners, LLC42,199$204
GABELLI FUNDS LLC41,000$198
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.40,858$198
MetLife Investment Management, LLC40,650$197
CHOREO, LLC39,982$198
Metis Global Partners, LLC39,407$191
Cerity Partners LLC39,156$190
State of Wyoming37,551$182
INTECH INVESTMENT MANAGEMENT LLC36,472$177
Mariner, LLC31,693$154
Cambria Investment Management, L.P.31,611$153
PRELUDE CAPITAL MANAGEMENT, LLC30,686$149
93 other institutions891,729$3,827
Total (193 institutions)78,947,791$379,920