NextNav
90 hedge funds and large institutions have $199M invested in NextNav in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 8 reducing their positions, and 5 closing their positions.
1,897% more call options, than puts
Call options by funds: $7.07M | Put options by funds: $354K
400% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 8
380% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 5
27% more funds holding
Funds holding: 71 → 90 (+19)
3.26% more ownership
Funds ownership: 37.34% → 40.6% (+3.3%)
4% less capital invested
Capital invested by funds: $208M → $199M (-$8.68M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.99M |
| 2 |
Morgan Stanley
New York
|
+$2.47M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.03M |
| 4 |
GAI
General American Investors
New York
|
+$1.88M |
| 5 |
BlackRock
New York
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.08M |
| 2 |
Jane Street
New York
|
-$1.1M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$156K |
| 4 |
SC
Shay Capital
New York
|
-$129K |
| 5 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
-$26.6K |
NN Hedge Fund Activity: Q4 2023 in Review
90 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NextNav (NN) for Q4 2023, worth a combined $199M — down 4.2% from $208M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NN positions and 5 closed out — a net gain of 19 holders — while 40 added to existing stakes and 8 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $4.99M. The largest seller was Invesco, cutting an estimated $2.08M.
- 90 institutional investors held NextNav (NN) as of Q4 2023, up from 71 in Q3 2023.
- Funds reported $199M of NextNav stock for Q4 2023, down 4.2% quarter-over-quarter.
- 24 funds opened new NextNav positions in Q4 2023 and 5 closed out, a net change of +19 holders.
- The largest NextNav buyer in Q4 2023 was Susquehanna International Group, an estimated $4.99M added.
- The largest NextNav seller in Q4 2023 was Invesco, an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2023.