Nexstar Media Group
NXST
246 hedge funds and large institutions have $3.46B invested in Nexstar Media Group in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 84 increasing their positions, 96 reducing their positions, and 45 closing their positions.
111% more call options, than puts
Call options by funds: $28.4M | Put options by funds: $13.4M
3% less funds holding
Funds holding: 254 → 246 (-8)
3.56% less ownership
Funds ownership: 116.33% → 112.77% (-3.6%)
13% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 96
14% less capital invested
Capital invested by funds: $4.05B → $3.46B (-$582M)
18% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 45
20% less funds holding in top 10
Funds holding in top 10: 25 → 20 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$77.8M |
| 2 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$56.3M |
| 3 |
PCP
P2 Capital Partners
New York
|
+$50.9M |
| 4 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
+$46.5M |
| 5 |
BWCA
Brenner West Capital Advisors
New York
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$59.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$36.8M |
| 3 |
HP
Hound Partners
New York
|
-$35.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$24.9M |
| 5 |
Goldman Sachs
New York
|
-$24.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWCI
276
Alpine Woods Capital Investors
Purchase,
New York
| – | -$308K | -3,935 | Closed |
|
|
PTC
277
Petrus Trust Company
Dallas,
Texas
| – | -$283K | -3,616 | Closed |
|
|
CHAM
278
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$266K | -3,400 | Closed |
|
279
Victory Capital Management
San Antonio,
Texas
| – | -$236K | -3,020 | Closed |
|
|
LBC
280
Lowe Brockenbrough & Co
Richmond,
Virginia
| – | -$227K | -2,909 | Closed |
|
|
ZCA
281
Zeke Capital Advisors
Berwyn,
Pennsylvania
| – | -$225K | -2,873 | Closed |
|
282
HSBC Holdings
London,
United Kingdom
| – | -$221K | -2,823 | Closed |
|
|
II
283
Inspire Investing
Meridian,
Idaho
| – | -$59K | -756 | Closed |
|
|
SWM
284
SeaCrest Wealth Management
Purchase,
New York
| – | -$18.4K | -250 | -98% |
|
|
TRCT
285
Tower Research Capital (TRC)
New York
| – | -$13K | -170 | Closed |
|
286
AssetMark Inc
Concord,
California
| – | -$6K | -78 | Closed |
|
|
SPI
287
Santori & Peters Inc
Canonsburg,
Pennsylvania
| – | -$4K | -68 | Closed |
|
288
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -30 | Closed |
|
NXST Hedge Fund Activity: Q1 2018 in Review
246 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q1 2018, worth a combined $3.46B — down 14% from $4.05B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of NXST and 37 opened new positions — a net loss of 8 holders — while 96 trimmed existing stakes and 84 added.
The largest buyer was Park West Asset Management, adding an estimated $77.8M. The largest seller was Bank of New York Mellon, cutting an estimated $59.6M.
- 246 institutional investors held Nexstar Media Group (NXST) as of Q1 2018, down from 254 in Q4 2017.
- Funds reported $3.46B of Nexstar Media Group stock for Q1 2018, down 14% quarter-over-quarter.
- 37 funds opened new Nexstar Media Group positions in Q1 2018 and 45 closed out, a net change of -8 holders.
- The largest Nexstar Media Group buyer in Q1 2018 was Park West Asset Management, an estimated $77.8M added.
- The largest Nexstar Media Group seller in Q1 2018 was Bank of New York Mellon, an estimated $59.6M sold.
Based on aggregated 13F filings for Q1 2018.