Nexstar Media Group
NXST
255 hedge funds and large institutions have $3.85B invested in Nexstar Media Group in 2018 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 106 increasing their positions, 68 reducing their positions, and 37 closing their positions.
236% more call options, than puts
Call options by funds: $249M | Put options by funds: $74.1M
56% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 68
27% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 37
11% more capital invested
Capital invested by funds: $3.46B → $3.85B (+$385M)
5% more funds holding in top 10
Funds holding in top 10: 20 → 21 (+1)
4% more funds holding
Funds holding: 246 → 255 (+9)
1.88% more ownership
Funds ownership: 112.77% → 114.65% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$38.4M |
| 2 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$31.5M |
| 3 |
PCP
P2 Capital Partners
New York
|
+$27.7M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$19.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$56.5M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$37M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$35.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$21.9M |
| 5 |
CGI
Calixto Global Investors
Coral Gables,
Florida
|
-$21.2M |
NXST Hedge Fund Activity: Q2 2018 in Review
255 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q2 2018, worth a combined $3.85B — up 11% from $3.46B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NXST positions and 37 closed out — a net gain of 10 holders — while 106 added to existing stakes and 68 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $38.4M. The largest seller was Park West Asset Management, cutting an estimated $56.5M.
- 255 institutional investors held Nexstar Media Group (NXST) as of Q2 2018, up from 246 in Q1 2018.
- Funds reported $3.85B of Nexstar Media Group stock for Q2 2018, up 11% quarter-over-quarter.
- 47 funds opened new Nexstar Media Group positions in Q2 2018 and 37 closed out, a net change of +10 holders.
- The largest Nexstar Media Group buyer in Q2 2018 was Goldman Sachs, an estimated $38.4M added.
- The largest Nexstar Media Group seller in Q2 2018 was Park West Asset Management, an estimated $56.5M sold.
Based on aggregated 13F filings for Q2 2018.