Nexstar Media Group
NXST
301 hedge funds and large institutions have $4.72B invested in Nexstar Media Group in 2019 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 86 increasing their positions, 120 reducing their positions, and 40 closing their positions.
139% more call options, than puts
Call options by funds: $108M | Put options by funds: $45M
50% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 40
6% more funds holding
Funds holding: 283 → 301 (+18)
1.82% less ownership
Funds ownership: 103.2% → 101.38% (-1.8%)
8% less capital invested
Capital invested by funds: $5.1B → $4.72B (-$383M)
19% less funds holding in top 10
Funds holding in top 10: 27 → 22 (-5)
28% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$57.1M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$42.7M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$37.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$21.7M |
| 5 |
Millennium Management
New York
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$116M |
| 2 |
Neuberger Berman Group
New York
|
-$48.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$33.5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$30.7M |
| 5 |
Bank of New York Mellon
New York
|
-$22.5M |
NXST Hedge Fund Activity: Q2 2019 in Review
301 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q2 2019, worth a combined $4.72B — down 7.5% from $5.1B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new NXST positions and 40 closed out — a net gain of 20 holders — while 86 added to existing stakes and 120 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $57.1M. The largest seller was BlackRock, cutting an estimated $116M.
- 301 institutional investors held Nexstar Media Group (NXST) as of Q2 2019, up from 283 in Q1 2019.
- Funds reported $4.72B of Nexstar Media Group stock for Q2 2019, down 7.5% quarter-over-quarter.
- 60 funds opened new Nexstar Media Group positions in Q2 2019 and 40 closed out, a net change of +20 holders.
- The largest Nexstar Media Group buyer in Q2 2019 was JP Morgan Chase, an estimated $57.1M added.
- The largest Nexstar Media Group seller in Q2 2019 was BlackRock, an estimated $116M sold.
Based on aggregated 13F filings for Q2 2019.