Nexstar Media Group
NXST
199 hedge funds and large institutions have $2.51B invested in Nexstar Media Group in 2016 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 68 increasing their positions, 70 reducing their positions, and 20 closing their positions.
683% more call options, than puts
Call options by funds: $69M | Put options by funds: $8.82M
128.65% more ownership
Funds ownership: 0% → 128.65% (+129%)
95% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 20
9% more capital invested
Capital invested by funds: $2.29B → $2.51B (+$216M)
9% more funds holding
Funds holding: 182 → 199 (+17)
3% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 70
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$39.1M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$22.3M |
| 3 |
JP Morgan Chase
New York
|
+$20.4M |
| 4 |
AIM
Assured Investment Management
New York
|
+$15M |
| 5 |
Neuberger Berman Group
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWCA
Brenner West Capital Advisors
New York
|
-$60.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$32.6M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
-$28.9M |
| 4 |
GC
Gratia Capital
Los Angeles,
California
|
-$26.7M |
| 5 |
FWCM
Fort Warren Capital Management
Boston,
Massachusetts
|
-$16.1M |
NXST Hedge Fund Activity: Q4 2016 in Review
199 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q4 2016, worth a combined $2.51B — up 9.4% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new NXST positions and 20 closed out — a net gain of 19 holders — while 68 added to existing stakes and 70 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $39.1M. The largest seller was Brenner West Capital Advisors, exiting entirely with an estimated $60.2M sold.
- 199 institutional investors held Nexstar Media Group (NXST) as of Q4 2016, up from 182 in Q3 2016.
- Funds reported $2.51B of Nexstar Media Group stock for Q4 2016, up 9.4% quarter-over-quarter.
- 39 funds opened new Nexstar Media Group positions in Q4 2016 and 20 closed out, a net change of +19 holders.
- The largest Nexstar Media Group buyer in Q4 2016 was Bank of New York Mellon, an estimated $39.1M added.
- The largest Nexstar Media Group seller in Q4 2016 was Brenner West Capital Advisors, an estimated $60.2M sold.
Based on aggregated 13F filings for Q4 2016.