Nexstar Media Group
NXST
185 hedge funds and large institutions have $1.8B invested in Nexstar Media Group in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 69 increasing their positions, 65 reducing their positions, and 17 closing their positions.
53% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 17
9% more capital invested
Capital invested by funds: $1.66B → $1.8B (+$144M)
3% more funds holding
Funds holding: 179 → 185 (+6)
6% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 65
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
22% less call options, than puts
Call options by funds: $19.3M | Put options by funds: $24.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$40.1M |
| 2 |
YCM
Yost Capital Management
Houston,
Texas
|
+$23.4M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$22.9M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$16.1M |
| 5 |
TLCM
Tiger Legatus Capital Management
New York
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$18.3M |
| 2 |
RCM
Roystone Capital Management
New York
|
-$17.4M |
| 3 |
Morgan Stanley
New York
|
-$15.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$15.1M |
| 5 |
Renaissance Technologies
New York
|
-$10.6M |
NXST Hedge Fund Activity: Q2 2016 in Review
185 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q2 2016, worth a combined $1.8B — up 8.7% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NXST positions and 17 closed out — a net gain of 9 holders — while 69 added to existing stakes and 65 trimmed.
The largest buyer was Keeley Asset Management, opening a new position worth an estimated $40.1M. The largest seller was Luxor Capital Group, cutting an estimated $18.3M.
- 185 institutional investors held Nexstar Media Group (NXST) as of Q2 2016, up from 179 in Q1 2016.
- Funds reported $1.8B of Nexstar Media Group stock for Q2 2016, up 8.7% quarter-over-quarter.
- 26 funds opened new Nexstar Media Group positions in Q2 2016 and 17 closed out, a net change of +9 holders.
- The largest Nexstar Media Group buyer in Q2 2016 was Keeley Asset Management, an estimated $40.1M added.
- The largest Nexstar Media Group seller in Q2 2016 was Luxor Capital Group, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2016.