NextNav
126 hedge funds and large institutions have $459M invested in NextNav in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 48 increasing their positions, 22 reducing their positions, and 15 closing their positions.
300% more call options, than puts
Call options by funds: $27.2M | Put options by funds: $6.79M
118% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 22
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
11% more funds holding
Funds holding: 114 → 126 (+12)
3.7% more ownership
Funds ownership: 44.79% → 48.49% (+3.7%)
3% more capital invested
Capital invested by funds: $445M → $459M (+$14.1M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$23.3M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$6.18M |
| 3 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$4.04M |
| 4 |
BlackRock
New York
|
+$3.22M |
| 5 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Whitefort Capital Management
New York
|
-$1.91M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.47M |
| 3 |
TC
Torno Capital
Cohasset,
Massachusetts
|
-$1.36M |
| 4 |
Jane Street
New York
|
-$853K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$652K |
NN Hedge Fund Activity: Q3 2024 in Review
126 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in NextNav (NN) for Q3 2024, worth a combined $459M — up 3.2% from $445M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NN positions and 15 closed out — a net gain of 13 holders — while 48 added to existing stakes and 22 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $23.3M. The largest seller was Whitefort Capital Management, cutting an estimated $1.91M.
- 126 institutional investors held NextNav (NN) as of Q3 2024, up from 114 in Q2 2024.
- Funds reported $459M of NextNav stock for Q3 2024, up 3.2% quarter-over-quarter.
- 28 funds opened new NextNav positions in Q3 2024 and 15 closed out, a net change of +13 holders.
- The largest NextNav buyer in Q3 2024 was Susquehanna International Group, an estimated $23.3M added.
- The largest NextNav seller in Q3 2024 was Whitefort Capital Management, an estimated $1.91M sold.
Based on aggregated 13F filings for Q3 2024.