Nexstar Media Group
NXST
283 hedge funds and large institutions have $5.1B invested in Nexstar Media Group in 2019 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 94 increasing their positions, 97 reducing their positions, and 46 closing their positions.
477% more call options, than puts
Call options by funds: $65.2M | Put options by funds: $11.3M
37% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 46
28% more capital invested
Capital invested by funds: $3.99B → $5.1B (+$1.11B)
5% more funds holding
Funds holding: 269 → 283 (+14)
0% more funds holding in top 10
Funds holding in top 10: 27 → 27 (0)
3% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 97
7.93% less ownership
Funds ownership: 111.14% → 103.2% (-7.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$60.4M |
| 2 |
Renaissance Technologies
New York
|
+$42.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$25M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$122M |
| 2 |
HP
Hound Partners
New York
|
-$93.2M |
| 3 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$74.2M |
| 4 |
JP Morgan Chase
New York
|
-$48.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$48.2M |
NXST Hedge Fund Activity: Q1 2019 in Review
283 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q1 2019, worth a combined $5.1B — up 28% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new NXST positions and 46 closed out — a net gain of 17 holders — while 94 added to existing stakes and 97 trimmed.
The largest buyer was Park West Asset Management, adding an estimated $60.4M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $122M sold.
- 283 institutional investors held Nexstar Media Group (NXST) as of Q1 2019, up from 269 in Q4 2018.
- Funds reported $5.1B of Nexstar Media Group stock for Q1 2019, up 28% quarter-over-quarter.
- 63 funds opened new Nexstar Media Group positions in Q1 2019 and 46 closed out, a net change of +17 holders.
- The largest Nexstar Media Group buyer in Q1 2019 was Park West Asset Management, an estimated $60.4M added.
- The largest Nexstar Media Group seller in Q1 2019 was HG Vora Capital Management, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2019.