Nexstar Media Group
NXST
435 hedge funds and large institutions have $6.02B invested in Nexstar Media Group in 2022 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 146 increasing their positions, 166 reducing their positions, and 40 closing their positions.
48% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 40
4% more funds holding
Funds holding: 420 → 435 (+15)
0.72% more ownership
Funds ownership: 92.2% → 92.92% (+0.72%)
0% more funds holding in top 10
Funds holding in top 10: 16 → 16 (0)
1% less capital invested
Capital invested by funds: $6.08B → $6.02B (-$62.6M)
12% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 166
46% less call options, than puts
Call options by funds: $18.2M | Put options by funds: $34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
ExodusPoint Capital Management
New York
|
+$36.3M |
| 2 |
HF
HRT Financial
New York
|
+$33.5M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$21.6M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$17.9M |
| 5 |
JVBC
J.V. Bruni & Co
Colorado Springs,
Colorado
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$48M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
-$45.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.2M |
| 4 |
GAM
Goldentree Asset Management
New York
|
-$39M |
| 5 |
Goldman Sachs
New York
|
-$33.7M |
NXST Hedge Fund Activity: Q3 2022 in Review
435 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2022, worth a combined $6.02B — down 1% from $6.08B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new NXST positions and 40 closed out — a net gain of 19 holders — while 146 added to existing stakes and 166 trimmed.
The largest buyer was ExodusPoint Capital Management, adding an estimated $36.3M. The largest seller was Park West Asset Management, cutting an estimated $48M.
- 435 institutional investors held Nexstar Media Group (NXST) as of Q3 2022, up from 420 in Q2 2022.
- Funds reported $6.02B of Nexstar Media Group stock for Q3 2022, down 1% quarter-over-quarter.
- 59 funds opened new Nexstar Media Group positions in Q3 2022 and 40 closed out, a net change of +19 holders.
- The largest Nexstar Media Group buyer in Q3 2022 was ExodusPoint Capital Management, an estimated $36.3M added.
- The largest Nexstar Media Group seller in Q3 2022 was Park West Asset Management, an estimated $48M sold.
Based on aggregated 13F filings for Q3 2022.