Nexstar Media Group
NXST
272 hedge funds and large institutions have $4.12B invested in Nexstar Media Group in 2018 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 82 increasing their positions, 96 reducing their positions, and 32 closing their positions.
176% more call options, than puts
Call options by funds: $288M | Put options by funds: $104M
56% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 32
7% more capital invested
Capital invested by funds: $3.85B → $4.12B (+$271M)
7% more funds holding
Funds holding: 255 → 272 (+17)
0% more funds holding in top 10
Funds holding in top 10: 21 → 21 (0)
3.68% less ownership
Funds ownership: 114.65% → 110.97% (-3.7%)
15% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$43.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$27.1M |
| 3 |
HP
Hound Partners
New York
|
+$24.4M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$15.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
-$53.3M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$36M |
| 3 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$34.2M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$30.4M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$27.4M |
NXST Hedge Fund Activity: Q3 2018 in Review
272 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2018, worth a combined $4.12B — up 7% from $3.85B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new NXST positions and 32 closed out — a net gain of 18 holders — while 82 added to existing stakes and 96 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $43.6M. The largest seller was Three Bays Capital, exiting entirely with an estimated $53.3M sold.
- 272 institutional investors held Nexstar Media Group (NXST) as of Q3 2018, up from 255 in Q2 2018.
- Funds reported $4.12B of Nexstar Media Group stock for Q3 2018, up 7% quarter-over-quarter.
- 50 funds opened new Nexstar Media Group positions in Q3 2018 and 32 closed out, a net change of +18 holders.
- The largest Nexstar Media Group buyer in Q3 2018 was Fidelity Investments, an estimated $43.6M added.
- The largest Nexstar Media Group seller in Q3 2018 was Three Bays Capital, an estimated $53.3M sold.
Based on aggregated 13F filings for Q3 2018.