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66 hedge funds and large institutions have $129M invested in NextNav in 2022 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 5

133% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 15

43% more funds holding

Funds holding: 46 → 66 (+20)

33% more funds holding in top 10

Funds holding in top 10: 3 → 4 (+1)

0.86% more ownership

Funds ownership: 58.05% → 58.91% (+0.86%)

68% less capital invested

Capital invested by funds: $409M → $129M (-$280M)

Holders
66
Holders Change
+20
Holders Change %
+43.48%
% of All Funds
1.11%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.07%
New
35
Increased
17
Reduced
5
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BRF
B. Riley Financial
California
+$13.1M
2
BlackRock
BlackRock
New York
+$10.9M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$6.58M
4
PCM
Pathway Capital Management
California
+$3.06M
5
State Street
State Street
Massachusetts
+$2.58M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$67.1M
2
ECM
ExodusPoint Capital Management
New York
-$1.28M
3
Millennium Management
Millennium Management
New York
-$936K
4
Citadel Advisors
Citadel Advisors
Florida
-$721K
5
KC
Kepos Capital
New York
-$375K
Name Holding Trade Value Shares
Change 		Change in
Stake
Swiss National Bank
26
Swiss National Bank
Switzerland
$181K +$383K +79,600 New
N
27
Nuveen
North Carolina
$158K +$334K +69,413 New
BFM
28
Boothbay Fund Management
New York
$136K +$288K +60,000 New
RhumbLine Advisers
29
RhumbLine Advisers
Massachusetts
$126K +$268K +55,672 New
California State Teachers Retirement System (CalSTRS)
30
California State Teachers Retirement System (CalSTRS)
California
$112K +$237K +49,329 New
Two Sigma Advisers
31
Two Sigma Advisers
New York
$111K +$236K +49,100 New
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$104K +$220K +45,700 New
XT
33
XTX Topco
Cayman Islands
$100K +$213K +44,214 New
OWP
34
Obermeyer Wealth Partners
Colorado
$79K +$168K +35,000 New
Deutsche Bank
35
Deutsche Bank
Germany
$78K +$166K +34,513 New
CS
36
Credit Suisse
Switzerland
$76K +$163K +33,849 New
JMPWA
37
JP Morgan Private Wealth Advisors
California
$74K +$17.5K +3,642 +13%
Invesco
38
Invesco
Georgia
$62K +$130K +27,111 New
VOYA Investment Management
39
VOYA Investment Management
Georgia
$62K +$132K +27,513 New
JP Morgan Chase
40
JP Morgan Chase
New York
$59K +$126K +26,235 New
WAM
41
Warberg Asset Management
Illinois
$57K +$120K +25,000 New
WCM
42
Whitefort Capital Management
New York
$54K – – –
BOTOTLSJU
43
Board of Trustees of The Leland Stanford Junior University
California
$53K – – –
AIG
44
American International Group
New York
$52K +$110K +22,835 New
LCS
45
Levin Capital Strategies
New York
$45K +$96.1K +20,000 New
CIBC Asset Management
46
CIBC Asset Management
Ontario, Canada
$37K – – –
Legal & General Group
47
Legal & General Group
United Kingdom
$27K +$57.6K +11,990 New
PAG
48
Private Advisor Group
New Jersey
$27K +$57.7K +12,000 New
AllianceBernstein
49
AllianceBernstein
Tennessee
$25K +$52.9K +11,000 New
Verition Fund Management
50
Verition Fund Management
Connecticut
$25K +$53.6K +11,148 New
1
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NN Hedge Fund Activity: Q2 2022 in Review

66 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in NextNav (NN) for Q2 2022, worth a combined $129M — down 68% from $409M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new NN positions and 15 closed out — a net gain of 20 holders — while 17 added to existing stakes and 5 trimmed.

The largest buyer was B. Riley Financial, adding an estimated $13.1M. The largest seller was Goldman Sachs, exiting entirely with an estimated $67.1M sold.

  • 66 institutional investors held NextNav (NN) as of Q2 2022, up from 46 in Q1 2022.
  • Funds reported $129M of NextNav stock for Q2 2022, down 68% quarter-over-quarter.
  • 35 funds opened new NextNav positions in Q2 2022 and 15 closed out, a net change of +20 holders.
  • The largest NextNav buyer in Q2 2022 was B. Riley Financial, an estimated $13.1M added.
  • The largest NextNav seller in Q2 2022 was Goldman Sachs, an estimated $67.1M sold.

Based on aggregated 13F filings for Q2 2022.