Nexstar Media Group
NXST
254 hedge funds and large institutions have $4.06B invested in Nexstar Media Group in 2017 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 82 increasing their positions, 91 reducing their positions, and 45 closing their positions.
1,070% more call options, than puts
Call options by funds: $237M | Put options by funds: $20.3M
42% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 45
27% more capital invested
Capital invested by funds: $3.19B → $4.06B (+$868M)
14% more funds holding in top 10
Funds holding in top 10: 22 → 25 (+3)
7% more funds holding
Funds holding: 237 → 254 (+17)
5.64% more ownership
Funds ownership: 110.69% → 116.33% (+5.6%)
10% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
+$245M |
| 2 |
FMA
FNY Managed Accounts
New York
|
+$67.3M |
| 3 |
PCP
P2 Capital Partners
New York
|
+$57.2M |
| 4 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$50.3M |
| 5 |
NMVA
New Mountain Vantage Advisers
New York
|
+$45.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$87M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$37.7M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$33.2M |
| 4 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
-$31.6M |
| 5 |
RCM
Roystone Capital Management
New York
|
-$28.7M |
NXST Hedge Fund Activity: Q4 2017 in Review
254 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q4 2017, worth a combined $4.06B — up 27% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new NXST positions and 45 closed out — a net gain of 19 holders — while 82 added to existing stakes and 91 trimmed.
The largest buyer was Hound Partners, opening a new position worth an estimated $245M. The largest seller was MSD Partners, exiting entirely with an estimated $87M sold.
- 254 institutional investors held Nexstar Media Group (NXST) as of Q4 2017, up from 237 in Q3 2017.
- Funds reported $4.06B of Nexstar Media Group stock for Q4 2017, up 27% quarter-over-quarter.
- 64 funds opened new Nexstar Media Group positions in Q4 2017 and 45 closed out, a net change of +19 holders.
- The largest Nexstar Media Group buyer in Q4 2017 was Hound Partners, an estimated $245M added.
- The largest Nexstar Media Group seller in Q4 2017 was MSD Partners, an estimated $87M sold.
Based on aggregated 13F filings for Q4 2017.