Nexstar Media Group
NXST
247 hedge funds and large institutions have $3.43B invested in Nexstar Media Group in 2017 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 104 increasing their positions, 57 reducing their positions, and 19 closing their positions.
300% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 19
204% more call options, than puts
Call options by funds: $62.5M | Put options by funds: $20.6M
82% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 57
37% more capital invested
Capital invested by funds: $2.51B → $3.43B (+$924M)
24% more funds holding
Funds holding: 199 → 247 (+48)
24% more funds holding in top 10
Funds holding in top 10: 21 → 26 (+5)
24.96% less ownership
Funds ownership: 128.65% → 103.69% (-25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$199M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$81M |
| 3 |
JRM
John R. Muse
|
+$67M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.6M |
| 5 |
FPF
FNY Partners Fund
New York
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.6M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$17.5M |
| 3 |
Citigroup
New York
|
-$15.2M |
| 4 |
TLCM
Tiger Legatus Capital Management
New York
|
-$13.4M |
| 5 |
KCM
Kingdon Capital Management
New York
|
-$11.8M |
NXST Hedge Fund Activity: Q1 2017 in Review
247 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q1 2017, worth a combined $3.43B — up 37% from $2.51B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new NXST positions and 19 closed out — a net gain of 57 holders — while 104 added to existing stakes and 57 trimmed.
The largest buyer was BlackRock, adding an estimated $199M. The largest seller was Millennium Management, cutting an estimated $18.6M.
- 247 institutional investors held Nexstar Media Group (NXST) as of Q1 2017, up from 199 in Q4 2016.
- Funds reported $3.43B of Nexstar Media Group stock for Q1 2017, up 37% quarter-over-quarter.
- 76 funds opened new Nexstar Media Group positions in Q1 2017 and 19 closed out, a net change of +57 holders.
- The largest Nexstar Media Group buyer in Q1 2017 was BlackRock, an estimated $199M added.
- The largest Nexstar Media Group seller in Q1 2017 was Millennium Management, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2017.