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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
SO
51
STRS Ohio
Ohio
$25K +$54.8K +11,400 New
SCA
52
Snowden Capital Advisors
New York
$22K +$48.1K +10,000 New
AB
53
Amalgamated Bank
New York
$21K +$45.5K +9,467 New
Citigroup
54
Citigroup
New York
$8K +$106 +22 +0.6%
TRCT
55
Tower Research Capital (TRC)
New York
$8K +$17K +3,534 +1,997%
AIP
56
Ameritas Investment Partners
Nebraska
$8K +$17.6K +3,659 New
Rockefeller Capital Management
57
Rockefeller Capital Management
New York
$7K +$15.8K +3,283 New
WAM
58
Wolverine Asset Management
Illinois
$6K -$5.09K -1,060 -27%
PCM
59
Penserra Capital Management
California
$5K -$1.81K -377 -14%
UBS Group
60
UBS Group
Switzerland
$4K -$13.9K -2,890 -62%
AAP
61
Arax Advisory Partners
Colorado
$4K +$9.03K +1,878 New
Wells Fargo
62
Wells Fargo
California
$3K +$5.18K +1,077 +869%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$1K -$6.1K -1,270 -82%
PCH
64
Polar Capital Holdings
United Kingdom
$23 – – –
Goldman Sachs
65
Goldman Sachs
New York
– -$67.1M -8,964,966 Closed
SCC
66
Spring Creek Capital
Kansas
– -$37.5M -5,000,000 Closed
ECM
67
ExodusPoint Capital Management
New York
– -$1.28M -170,416 Closed
Millennium Management
68
Millennium Management
New York
– -$936K -125,005 Closed
Citadel Advisors
69
Citadel Advisors
Florida
– -$721K -96,135 Closed
KC
70
Kepos Capital
New York
– -$375K -50,000 Closed
HF
71
HRT Financial
New York
– -$216K -28,861 Closed
SM
72
Sciencast Management
New Jersey
– -$208K -27,216 Closed
YIH
73
Y-Intercept (HK)
Hong Kong
– -$187K -25,005 Closed
Tudor Investment Corp
74
Tudor Investment Corp
Connecticut
– -$144K -19,233 Closed
FLC
75
Fifth Lane Capital
Texas
– -$135K -17,992 Closed
1 2
3
4

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.