NextNav
46 hedge funds and large institutions have $409M invested in NextNav in 2022 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 3 closing their positions.
500% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 3
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
48% more funds holding
Funds holding: 31 → 46 (+15)
1.18% more ownership
Funds ownership: 56.88% → 58.05% (+1.2%)
14% less capital invested
Capital invested by funds: $476M → $409M (-$66.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$4.39M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.18M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$959K |
| 4 |
Millennium Management
New York
|
+$917K |
| 5 |
State Street
Boston,
Massachusetts
|
+$476K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$1.09M |
| 2 |
KC
Kepos Capital
New York
|
-$367K |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$193K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$190K |
| 5 |
WCM
Whitefort Capital Management
New York
|
-$124K |
NN Hedge Fund Activity: Q1 2022 in Review
46 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in NextNav (NN) for Q1 2022, worth a combined $409M — down 14% from $476M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NN positions and 3 closed out — a net gain of 15 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was B. Riley Financial, adding an estimated $4.39M. The largest seller was D.E. Shaw & Co, cutting an estimated $1.09M.
- 46 institutional investors held NextNav (NN) as of Q1 2022, up from 31 in Q4 2021.
- Funds reported $409M of NextNav stock for Q1 2022, down 14% quarter-over-quarter.
- 18 funds opened new NextNav positions in Q1 2022 and 3 closed out, a net change of +15 holders.
- The largest NextNav buyer in Q1 2022 was B. Riley Financial, an estimated $4.39M added.
- The largest NextNav seller in Q1 2022 was D.E. Shaw & Co, an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2022.