Nexstar Media Group
NXST
179 hedge funds and large institutions have $1.66B invested in Nexstar Media Group in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 73 increasing their positions, 42 reducing their positions, and 24 closing their positions.
113% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 24
74% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 42
64% more funds holding in top 10
Funds holding in top 10: 11 → 18 (+7)
18% more funds holding
Funds holding: 152 → 179 (+27)
15% less capital invested
Capital invested by funds: $1.94B → $1.66B (-$283M)
46% less call options, than puts
Call options by funds: $6.74M | Put options by funds: $12.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWCA
Brenner West Capital Advisors
New York
|
+$46.2M |
| 2 |
JP Morgan Chase
New York
|
+$30.3M |
| 3 |
KCM
Kingdon Capital Management
New York
|
+$29.8M |
| 4 |
O
OppenheimerFunds
New York
|
+$26.3M |
| 5 |
TLCM
Tiger Legatus Capital Management
New York
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Orange Capital
Manhasset,
New York
|
-$70.3M |
| 2 |
GA
Glenhill Advisors
New York
|
-$35.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.8M |
| 4 |
Goldman Sachs
New York
|
-$19M |
| 5 |
Morgan Stanley
New York
|
-$13.2M |
NXST Hedge Fund Activity: Q1 2016 in Review
179 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q1 2016, worth a combined $1.66B — down 15% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new NXST positions and 24 closed out — a net gain of 27 holders — while 73 added to existing stakes and 42 trimmed.
The largest buyer was Brenner West Capital Advisors, opening a new position worth an estimated $46.2M. The largest seller was Orange Capital, exiting entirely with an estimated $70.3M sold.
- 179 institutional investors held Nexstar Media Group (NXST) as of Q1 2016, up from 152 in Q4 2015.
- Funds reported $1.66B of Nexstar Media Group stock for Q1 2016, down 15% quarter-over-quarter.
- 51 funds opened new Nexstar Media Group positions in Q1 2016 and 24 closed out, a net change of +27 holders.
- The largest Nexstar Media Group buyer in Q1 2016 was Brenner West Capital Advisors, an estimated $46.2M added.
- The largest Nexstar Media Group seller in Q1 2016 was Orange Capital, an estimated $70.3M sold.
Based on aggregated 13F filings for Q1 2016.