Nexstar Media Group
NXST
282 hedge funds and large institutions have $3.93B invested in Nexstar Media Group in 2020 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 90 increasing their positions, 111 reducing their positions, and 42 closing their positions.
135% more call options, than puts
Call options by funds: $54.7M | Put options by funds: $23.3M
42% more capital invested
Capital invested by funds: $2.76B → $3.93B (+$1.17B)
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
12% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 42
1% more funds holding
Funds holding: 280 → 282 (+2)
0.4% more ownership
Funds ownership: 103.29% → 103.68% (+0.4%)
19% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 111
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$78.6M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$36.8M |
| 3 |
Morgan Stanley
New York
|
+$30.5M |
| 4 |
SCM
Simcoe Capital Management
New York
|
+$21.7M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$60.8M |
| 2 |
IP
Isomer Partners
New York
|
-$33.9M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$30.1M |
| 4 |
PCP
P2 Capital Partners
New York
|
-$28.6M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$27.3M |
NXST Hedge Fund Activity: Q2 2020 in Review
282 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q2 2020, worth a combined $3.93B — up 42% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NXST positions and 42 closed out — a net gain of 5 holders — while 90 added to existing stakes and 111 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $78.6M. The largest seller was Hound Partners, cutting an estimated $60.8M.
- 282 institutional investors held Nexstar Media Group (NXST) as of Q2 2020, up from 280 in Q1 2020.
- Funds reported $3.93B of Nexstar Media Group stock for Q2 2020, up 42% quarter-over-quarter.
- 47 funds opened new Nexstar Media Group positions in Q2 2020 and 42 closed out, a net change of +5 holders.
- The largest Nexstar Media Group buyer in Q2 2020 was Fidelity Investments, an estimated $78.6M added.
- The largest Nexstar Media Group seller in Q2 2020 was Hound Partners, an estimated $60.8M sold.
Based on aggregated 13F filings for Q2 2020.