Nexstar Media Group
NXST
137 hedge funds and large institutions have $1.26B invested in Nexstar Media Group in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 65 reducing their positions, and 29 closing their positions.
161% more call options, than puts
Call options by funds: $37.8M | Put options by funds: $14.5M
38% more capital invested
Capital invested by funds: $913M → $1.26B (+$351M)
2% less funds holding
Funds holding: 140 → 137 (-3)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
45% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 65
Top Buyers
| 1 |
Neuberger Berman Group
New York
|
+$73M |
| 2 |
MP
MSD Partners
New York
|
+$51.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.4M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$42.9M |
| 5 |
CM
Corvex Management
New York
|
+$41.8M |
Top Sellers
| 1 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$41.5M |
| 2 |
Renaissance Technologies
New York
|
-$33.8M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$20.3M |
| 4 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$17.5M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$15.2M |
NXST Hedge Fund Activity: Q3 2013 in Review
137 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2013, worth a combined $1.26B — up 38% from $913M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NXST and 26 opened new positions — a net loss of 3 holders — while 65 trimmed existing stakes and 36 added.
The largest buyer was Neuberger Berman Group, adding an estimated $73M. The largest seller was SAC Capital Advisors, cutting an estimated $41.5M.
- 137 institutional investors held Nexstar Media Group (NXST) as of Q3 2013, down from 140 in Q2 2013.
- Funds reported $1.26B of Nexstar Media Group stock for Q3 2013, up 38% quarter-over-quarter.
- 26 funds opened new Nexstar Media Group positions in Q3 2013 and 29 closed out, a net change of -3 holders.
- The largest Nexstar Media Group buyer in Q3 2013 was Neuberger Berman Group, an estimated $73M added.
- The largest Nexstar Media Group seller in Q3 2013 was SAC Capital Advisors, an estimated $41.5M sold.
Based on aggregated 13F filings for Q3 2013.