Nexstar Media Group
NXST
219 hedge funds and large institutions have $3.1B invested in Nexstar Media Group in 2017 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 95 increasing their positions, 70 reducing their positions, and 58 closing their positions.
150% more call options, than puts
Call options by funds: $51.3M | Put options by funds: $20.5M
36% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 70
6.11% more ownership
Funds ownership: 103.69% → 109.8% (+6.1%)
10% less capital invested
Capital invested by funds: $3.43B → $3.1B (-$326M)
11% less funds holding
Funds holding: 247 → 219 (-28)
12% less funds holding in top 10
Funds holding in top 10: 26 → 23 (-3)
47% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$77.2M |
| 2 |
Millennium Management
New York
|
+$35.9M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$34.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25.7M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPF
FNY Partners Fund
New York
|
-$46.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$27M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$24.6M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$19M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$18.2M |
NXST Hedge Fund Activity: Q2 2017 in Review
219 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q2 2017, worth a combined $3.1B — down 9.5% from $3.43B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of NXST and 31 opened new positions — a net loss of 27 holders — while 70 trimmed existing stakes and 95 added.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $77.2M. The largest seller was FNY Partners Fund, exiting entirely with an estimated $46.1M sold.
- 219 institutional investors held Nexstar Media Group (NXST) as of Q2 2017, down from 247 in Q1 2017.
- Funds reported $3.1B of Nexstar Media Group stock for Q2 2017, down 9.5% quarter-over-quarter.
- 31 funds opened new Nexstar Media Group positions in Q2 2017 and 58 closed out, a net change of -27 holders.
- The largest Nexstar Media Group buyer in Q2 2017 was Vaughan Nelson Investment Management, an estimated $77.2M added.
- The largest Nexstar Media Group seller in Q2 2017 was FNY Partners Fund, an estimated $46.1M sold.
Based on aggregated 13F filings for Q2 2017.