Nexstar Media Group
NXST
182 hedge funds and large institutions have $2.29B invested in Nexstar Media Group in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 65 reducing their positions, and 24 closing their positions.
502% more call options, than puts
Call options by funds: $63.9M | Put options by funds: $10.6M
29% more funds holding in top 10
Funds holding in top 10: 17 → 22 (+5)
27% more capital invested
Capital invested by funds: $1.8B → $2.29B (+$489M)
14% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 65
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
2% less funds holding
Funds holding: 185 → 182 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$41.4M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$33.2M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
+$26.3M |
| 4 |
AIM
Assured Investment Management
New York
|
+$18.3M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$24.8M |
| 2 |
Morgan Stanley
New York
|
-$20.3M |
| 3 |
TLCM
Tiger Legatus Capital Management
New York
|
-$11.3M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$9.67M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.41M |
NXST Hedge Fund Activity: Q3 2016 in Review
182 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2016, worth a combined $2.29B — up 27% from $1.8B a quarter earlier.
Fund positioning in NXST was balanced in Q3 2016: 24 funds opened new positions, 24 closed out, 74 added to existing stakes and 65 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $41.4M. The largest seller was Luxor Capital Group, cutting an estimated $24.8M.
- 182 institutional investors held Nexstar Media Group (NXST) as of Q3 2016, down from 185 in Q2 2016.
- Funds reported $2.29B of Nexstar Media Group stock for Q3 2016, up 27% quarter-over-quarter.
- 24 funds opened new Nexstar Media Group positions in Q3 2016 and 24 closed out, a net change of 0 holders.
- The largest Nexstar Media Group buyer in Q3 2016 was Park West Asset Management, an estimated $41.4M added.
- The largest Nexstar Media Group seller in Q3 2016 was Luxor Capital Group, an estimated $24.8M sold.
Based on aggregated 13F filings for Q3 2016.