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154 hedge funds and large institutions have $1.08B invested in NextNav in 2024 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 61 increasing their positions, 28 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 15

139% more call options, than puts

Call options by funds: $59.2M | Put options by funds: $24.8M

136% more capital invested

Capital invested by funds: $459M → $1.08B (+$625M)

118% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 28

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

22% more funds holding

Funds holding: 126154 (+28)

4.84% more ownership

Funds ownership: 48.49%53.33% (+4.8%)

Holders
154
Holders Change
+28
Holders Change %
+22.22%
% of All Funds
2.03%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.11%
New
44
Increased
61
Reduced
28
Closed
15
Calls
$59.2M
Puts
$24.8M
Net Calls
+$34.4M
Net Calls Change
+$14M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$3.89M +$2.76M +207,387 +484%
Federated Hermes
27
Federated Hermes
Pennsylvania
$3.74M +$3.2M +240,484 New
Millennium Management
28
Millennium Management
New York
$3.67M +$953K +71,559 +44%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$3.37M +$2.71M +203,734 +1,580%
N
30
Nuveen
North Carolina
$3.25M -$10.2K -769 -0.4%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$3.23M +$352K +26,412 +15%
RA
32
Royce & Associates
New York
$3.08M -$2.77M -208,000 -51%
LPL Financial
33
LPL Financial
California
$2.48M +$434K +32,564 +26%
CS
34
Cannell & Spears
New York
$2.44M +$120K +9,000 +6%
Squarepoint
35
Squarepoint
New York
$2.32M +$1.98M +148,823 New
EIP
36
Epoch Investment Partners
New York
$2.18M -$432K -32,454 -19%
Simplex Trading
37
Simplex Trading
Illinois
$2.17M -$158K -11,888 -8%
Barclays
38
Barclays
United Kingdom
$2.07M -$2.11M -158,674 -54%
Jane Street
39
Jane Street
New York
$2M +$1.08M +81,340 +173%
BFO
40
Boston Family Office
Massachusetts
$1.95M
DG
41
DigitalBridge Group
Florida
$1.81M -$1.07M -79,995 -41%
UBS AM
42
UBS AM
Illinois
$1.67M +$522K +39,222 +58%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$1.55M +$41K +3,075 +3%
Swiss National Bank
44
Swiss National Bank
Switzerland
$1.55M +$209K +15,700 +19%
CP
45
CenterBook Partners
Connecticut
$1.53M -$3.01M -226,199 -70%
Wolverine Trading
46
Wolverine Trading
Illinois
$1.46M +$819K +61,497 +233%
Bank of America
47
Bank of America
North Carolina
$1.43M -$4.86M -364,787 -80%
AllianceBernstein
48
AllianceBernstein
Tennessee
$1.37M +$26.8K +2,010 +2%
Rockefeller Capital Management
49
Rockefeller Capital Management
New York
$1.36M +$585K +43,935 +101%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$1.28M +$1.1M +82,319 New

NN Hedge Fund Activity: Q4 2024 in Review

154 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in NextNav (NN) for Q4 2024, worth a combined $1.08B — up 136% from $459M a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new NN positions and 15 closed out — a net gain of 29 holders — while 61 added to existing stakes and 28 trimmed.

The largest buyer was BlackRock, adding an estimated $12.9M. The largest seller was Susquehanna International Group, cutting an estimated $46.5M.

  • 154 institutional investors held NextNav (NN) as of Q4 2024, up from 126 in Q3 2024.
  • Funds reported $1.08B of NextNav stock for Q4 2024, up 136% quarter-over-quarter.
  • 44 funds opened new NextNav positions in Q4 2024 and 15 closed out, a net change of +29 holders.
  • The largest NextNav buyer in Q4 2024 was BlackRock, an estimated $12.9M added.
  • The largest NextNav seller in Q4 2024 was Susquehanna International Group, an estimated $46.5M sold.

Based on aggregated 13F filings for Q4 2024.