NextNav
180 hedge funds and large institutions have $1.12B invested in NextNav in 2025 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 83 increasing their positions, 36 reducing their positions, and 21 closing their positions.
131% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 36
105% more call options, than puts
Call options by funds: $89M | Put options by funds: $43.4M
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
28% more capital invested
Capital invested by funds: $872M → $1.12B (+$244M)
4% more funds holding
Funds holding: 173 → 180 (+7)
0.93% more ownership
Funds ownership: 54.53% → 55.46% (+0.93%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.4M |
| 2 |
Goldman Sachs
New York
|
+$8.09M |
| 3 |
Millennium Management
New York
|
+$6.52M |
| 4 |
IP
Interval Partners
New York
|
+$4.47M |
| 5 |
Jane Street
New York
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JBFJ
James B. Fleming Jr
|
-$14.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$11.5M |
| 3 |
TCA
Troluce Capital Advisors
Dorado,
Puerto Rico
|
-$5.13M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.05M |
| 5 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
-$4.66M |
NN Hedge Fund Activity: Q2 2025 in Review
180 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in NextNav (NN) for Q2 2025, worth a combined $1.12B — up 28% from $872M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NN positions and 21 closed out — a net gain of 8 holders — while 83 added to existing stakes and 36 trimmed.
The largest buyer was Vanguard Group, adding an estimated $20.4M. The largest seller was James B. Fleming Jr, cutting an estimated $14.7M.
- 180 institutional investors held NextNav (NN) as of Q2 2025, up from 173 in Q1 2025.
- Funds reported $1.12B of NextNav stock for Q2 2025, up 28% quarter-over-quarter.
- 29 funds opened new NextNav positions in Q2 2025 and 21 closed out, a net change of +8 holders.
- The largest NextNav buyer in Q2 2025 was Vanguard Group, an estimated $20.4M added.
- The largest NextNav seller in Q2 2025 was James B. Fleming Jr, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2025.