5 Cheap Value Stocks To Buy According To Seth Klarman

2. Gray Television, Inc. (NYSE:GTN)

Baupost Group’s Q1 2023 Investment: $32 million

Gray Television, Inc. (NYSE:GTN) is a television company that owns its own channels and broadcasts others as well. The firm renewed its CBS affiliations in June 2023. Baupost Group had a $32 million stake in the firm by the end of March 2023, with the shares having a sizeable upside of 48%.

27 of the 943 hedge funds part of Insider Monkey’s database had bought and owned Gray Television, Inc. (NYSE:GTN)’s shares during Q1 2023, out of which the largest shareholder was Anand Desai’s Darsana Capital Partners with an investment of $40 million.

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