Nexstar Media Group
NXST
237 hedge funds and large institutions have $3.19B invested in Nexstar Media Group in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 92 increasing their positions, 77 reducing their positions, and 22 closing their positions.
215% more call options, than puts
Call options by funds: $114M | Put options by funds: $36.2M
86% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 22
19% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 77
8% more funds holding
Funds holding: 219 → 237 (+18)
3% more capital invested
Capital invested by funds: $3.1B → $3.19B (+$83.1M)
0.89% more ownership
Funds ownership: 109.8% → 110.69% (+0.89%)
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$43.5M |
| 2 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
+$28.3M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$21.9M |
| 4 |
PCP
P2 Capital Partners
New York
|
+$19.8M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$74.7M |
| 2 |
Millennium Management
New York
|
-$25.5M |
| 3 |
O
OppenheimerFunds
New York
|
-$23.3M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$19.3M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$17.5M |
NXST Hedge Fund Activity: Q3 2017 in Review
237 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2017, worth a combined $3.19B — up 2.7% from $3.1B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new NXST positions and 22 closed out — a net gain of 19 holders — while 92 added to existing stakes and 77 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), opening a new position worth an estimated $43.5M. The largest seller was MSD Partners, cutting an estimated $74.7M.
- 237 institutional investors held Nexstar Media Group (NXST) as of Q3 2017, up from 219 in Q2 2017.
- Funds reported $3.19B of Nexstar Media Group stock for Q3 2017, up 2.7% quarter-over-quarter.
- 41 funds opened new Nexstar Media Group positions in Q3 2017 and 22 closed out, a net change of +19 holders.
- The largest Nexstar Media Group buyer in Q3 2017 was Cardinal Capital Management LLC (Connecticut), an estimated $43.5M added.
- The largest Nexstar Media Group seller in Q3 2017 was MSD Partners, an estimated $74.7M sold.
Based on aggregated 13F filings for Q3 2017.