Nexstar Media Group
NXST
282 hedge funds and large institutions have $4.87B invested in Nexstar Media Group in 2019 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 112 increasing their positions, 89 reducing their positions, and 62 closing their positions.
173% more call options, than puts
Call options by funds: $259M | Put options by funds: $94.8M
26% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 89
1.94% more ownership
Funds ownership: 101.38% → 103.32% (+1.9%)
3% more capital invested
Capital invested by funds: $4.72B → $4.87B (+$155M)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
6% less funds holding
Funds holding: 301 → 282 (-19)
31% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$60.9M |
| 2 |
PCP
P2 Capital Partners
New York
|
+$53.5M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$36.1M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$33.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$56.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.1M |
| 3 |
Goldman Sachs
New York
|
-$45.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$43.5M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$23.7M |
NXST Hedge Fund Activity: Q3 2019 in Review
282 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2019, worth a combined $4.87B — up 3.3% from $4.72B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of NXST and 43 opened new positions — a net loss of 19 holders — while 89 trimmed existing stakes and 112 added.
The largest buyer was Baupost Group, adding an estimated $60.9M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $56.4M sold.
- 282 institutional investors held Nexstar Media Group (NXST) as of Q3 2019, down from 301 in Q2 2019.
- Funds reported $4.87B of Nexstar Media Group stock for Q3 2019, up 3.3% quarter-over-quarter.
- 43 funds opened new Nexstar Media Group positions in Q3 2019 and 62 closed out, a net change of -19 holders.
- The largest Nexstar Media Group buyer in Q3 2019 was Baupost Group, an estimated $60.9M added.
- The largest Nexstar Media Group seller in Q3 2019 was Renaissance Technologies, an estimated $56.4M sold.
Based on aggregated 13F filings for Q3 2019.