183 hedge funds and large institutions have $1.35B invested in NextNav in 2025 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 75 increasing their positions, 49 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
183
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$128M
Puts
$38.2M
Net Calls
Net Calls Change

Top Buyers

1 +$22.3M
2 +$8.68M
3 +$8.14M
4
UBS Group
UBS Group
Switzerland
+$7.33M
5
Walleye Capital
Walleye Capital
New York
+$5.63M

Top Sellers

1 -$11.2M
2 -$5.5M
3 -$4.07M
4
Morgan Stanley
Morgan Stanley
New York
-$3.12M
5
SAMU
SONA Asset Management (US)
New York
-$2.8M
Name Holding Trade Value Shares
Change
Change in
Stake
HCA
101
Harbor Capital Advisors
Illinois
$402K
AQR Capital Management
102
AQR Capital Management
Connecticut
$380K
KeyBank National Association
103
KeyBank National Association
Ohio
$378K
SGCA
104
Steel Grove Capital Advisors
Tennessee
$372K
KK
105
KLP Kapitalforvaltning
Norway
$368K
PCM
106
Potomac Capital Management
New York
$366K
ASRS
107
Arizona State Retirement System
Arizona
$339K
LS
108
Leelyn Smith
Illinois
$339K
FRM
109
Fox Run Management
Connecticut
$338K
BNP Paribas Financial Markets
110
BNP Paribas Financial Markets
France
$335K
Citigroup
111
Citigroup
New York
$324K
SC
112
SummitTX Capital
Texas
$310K
WAM
113
Wallington Asset Management
Indiana
$299K
Zurich Cantonal Bank
114
Zurich Cantonal Bank
Switzerland
$290K
ProShare Advisors
115
ProShare Advisors
Maryland
$288K
Nisa Investment Advisors
116
Nisa Investment Advisors
Missouri
$286K
PEA
117
Park Edge Advisors
Ohio
$282K
Marshall Wace
118
Marshall Wace
United Kingdom
$275K
VOYA Investment Management
119
VOYA Investment Management
Georgia
$274K
DP
120
DDD Partners
Washington
$265K
State Board of Administration of Florida Retirement System
121
State Board of Administration of Florida Retirement System
Florida
$261K
GCP
122
GSA Capital Partners
United Kingdom
$254K
BFG
123
Bleakley Financial Group
New Jersey
$245K
FIA
124
FNY Investment Advisers
New York
$228K
SWM
125
Spire Wealth Management
Virginia
$216K