Nexstar Media Group
NXST
321 hedge funds and large institutions have $4.76B invested in Nexstar Media Group in 2020 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 121 increasing their positions, 100 reducing their positions, and 39 closing their positions.
97% more call options, than puts
Call options by funds: $44.5M | Put options by funds: $22.6M
64% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 39
21% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 100
18% more capital invested
Capital invested by funds: $4.04B → $4.76B (+$722M)
8% more funds holding
Funds holding: 298 → 321 (+23)
0.31% less ownership
Funds ownership: 99.17% → 98.86% (-0.31%)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$47.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$46.7M |
| 3 |
Morgan Stanley
New York
|
+$29.6M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$15.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$67.1M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$39.4M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$32.9M |
| 4 |
PCP
P2 Capital Partners
New York
|
-$32.5M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$29.2M |
NXST Hedge Fund Activity: Q4 2020 in Review
321 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q4 2020, worth a combined $4.76B — up 18% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new NXST positions and 39 closed out — a net gain of 25 holders — while 121 added to existing stakes and 100 trimmed.
The largest buyer was LSV Asset Management, opening a new position worth an estimated $47.6M. The largest seller was Fidelity Investments, cutting an estimated $67.1M.
- 321 institutional investors held Nexstar Media Group (NXST) as of Q4 2020, up from 298 in Q3 2020.
- Funds reported $4.76B of Nexstar Media Group stock for Q4 2020, up 18% quarter-over-quarter.
- 64 funds opened new Nexstar Media Group positions in Q4 2020 and 39 closed out, a net change of +25 holders.
- The largest Nexstar Media Group buyer in Q4 2020 was LSV Asset Management, an estimated $47.6M added.
- The largest Nexstar Media Group seller in Q4 2020 was Fidelity Investments, an estimated $67.1M sold.
Based on aggregated 13F filings for Q4 2020.