NextNav
114 hedge funds and large institutions have $445M invested in NextNav in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 53 increasing their positions, 15 reducing their positions, and 10 closing their positions.
253% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 15
230% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 10
218% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $5.01M
43% more capital invested
Capital invested by funds: $312M → $445M (+$133M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
24% more funds holding
Funds holding: 92 → 114 (+22)
2.15% more ownership
Funds ownership: 42.64% → 44.79% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$10.6M |
| 2 |
BlackRock
New York
|
+$10.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$6.92M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$3.34M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.36M |
| 2 |
Millennium Management
New York
|
-$2.32M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$955K |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$844K |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$502K |
NN Hedge Fund Activity: Q2 2024 in Review
114 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in NextNav (NN) for Q2 2024, worth a combined $445M — up 43% from $312M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NN positions and 10 closed out — a net gain of 23 holders — while 53 added to existing stakes and 15 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $10.6M. The largest seller was Vanguard Group, cutting an estimated $2.36M.
- 114 institutional investors held NextNav (NN) as of Q2 2024, up from 92 in Q1 2024.
- Funds reported $445M of NextNav stock for Q2 2024, up 43% quarter-over-quarter.
- 33 funds opened new NextNav positions in Q2 2024 and 10 closed out, a net change of +23 holders.
- The largest NextNav buyer in Q2 2024 was Ancora Advisors, an estimated $10.6M added.
- The largest NextNav seller in Q2 2024 was Vanguard Group, an estimated $2.36M sold.
Based on aggregated 13F filings for Q2 2024.