Nexstar Media Group
NXST
280 hedge funds and large institutions have $2.76B invested in Nexstar Media Group in 2020 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 104 increasing their positions, 101 reducing their positions, and 77 closing their positions.
20% more call options, than puts
Call options by funds: $35.1M | Put options by funds: $29.3M
3% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 101
2.48% less ownership
Funds ownership: 105.77% → 103.29% (-2.5%)
11% less funds holding
Funds holding: 314 → 280 (-34)
34% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 77
40% less funds holding in top 10
Funds holding in top 10: 25 → 15 (-10)
52% less capital invested
Capital invested by funds: $5.74B → $2.76B (-$2.98B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$57.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$42.5M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$33.4M |
| 4 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$31.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$156M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$71.4M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$62.4M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$45.7M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$40M |
NXST Hedge Fund Activity: Q1 2020 in Review
280 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q1 2020, worth a combined $2.76B — down 52% from $5.74B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of NXST and 51 opened new positions — a net loss of 26 holders — while 101 trimmed existing stakes and 104 added.
The largest buyer was Epoch Investment Partners, adding an estimated $57.9M. The largest seller was WINDACRE PARTNERSHIP LLC, exiting entirely with an estimated $156M sold.
- 280 institutional investors held Nexstar Media Group (NXST) as of Q1 2020, down from 314 in Q4 2019.
- Funds reported $2.76B of Nexstar Media Group stock for Q1 2020, down 52% quarter-over-quarter.
- 51 funds opened new Nexstar Media Group positions in Q1 2020 and 77 closed out, a net change of -26 holders.
- The largest Nexstar Media Group buyer in Q1 2020 was Epoch Investment Partners, an estimated $57.9M added.
- The largest Nexstar Media Group seller in Q1 2020 was WINDACRE PARTNERSHIP LLC, an estimated $156M sold.
Based on aggregated 13F filings for Q1 2020.