Nexstar Media Group
NXST
122 hedge funds and large institutions have $1.46B invested in Nexstar Media Group in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 43 reducing their positions, and 37 closing their positions.
102% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $12.7M
2% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 43
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less funds holding
Funds holding: 149 → 122 (-27)
21% less capital invested
Capital invested by funds: $1.85B → $1.46B (-$392M)
65% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$68.3M |
| 2 |
NM
Naya Management
London,
United Kingdom
|
+$24.5M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$19.4M |
| 4 |
OC
Orange Capital
Manhasset,
New York
|
+$12.8M |
| 5 |
Morgan Stanley
New York
|
+$8.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$16.6M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$16.3M |
| 3 |
KSCM
King Street Capital Management
New York
|
-$15.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.8M |
NXST Hedge Fund Activity: Q3 2014 in Review
122 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2014, worth a combined $1.46B — down 21% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of NXST and 13 opened new positions — a net loss of 24 holders — while 43 trimmed existing stakes and 42 added.
The largest buyer was Luxor Capital Group, adding an estimated $68.3M. The largest seller was Columbia Partners Investment Management, exiting entirely with an estimated $16.6M sold.
- 122 institutional investors held Nexstar Media Group (NXST) as of Q3 2014, down from 149 in Q2 2014.
- Funds reported $1.46B of Nexstar Media Group stock for Q3 2014, down 21% quarter-over-quarter.
- 13 funds opened new Nexstar Media Group positions in Q3 2014 and 37 closed out, a net change of -24 holders.
- The largest Nexstar Media Group buyer in Q3 2014 was Luxor Capital Group, an estimated $68.3M added.
- The largest Nexstar Media Group seller in Q3 2014 was Columbia Partners Investment Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q3 2014.