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Nexstar Media Group

443 hedge funds and large institutions have $5.62B invested in Nexstar Media Group in 2023 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 130 increasing their positions, 188 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more call options, than puts

Call options by funds: $30M | Put options by funds: $16.7M

23% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 53

2% more funds holding

Funds holding: 433443 (+10)

2.11% less ownership

Funds ownership: 96.23%94.12% (-2.1%)

6% less capital invested

Capital invested by funds: $5.97B → $5.62B (-$350M)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

31% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 188

Holders
443
Holders Change
+10
Holders Change %
+2.31%
% of All Funds
6.94%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.13%
New
65
Increased
130
Reduced
188
Closed
53
Calls
$30M
Puts
$16.7M
Net Calls
+$13.4M
Net Calls Change
+$29.8M

NXST Hedge Fund Activity: Q2 2023 in Review

443 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q2 2023, worth a combined $5.62B — down 5.9% from $5.97B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new NXST positions and 53 closed out — a net gain of 12 holders — while 130 added to existing stakes and 188 trimmed.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $28M. The largest seller was Envestnet Asset Management, cutting an estimated $138M.

  • 443 institutional investors held Nexstar Media Group (NXST) as of Q2 2023, up from 433 in Q1 2023.
  • Funds reported $5.62B of Nexstar Media Group stock for Q2 2023, down 5.9% quarter-over-quarter.
  • 65 funds opened new Nexstar Media Group positions in Q2 2023 and 53 closed out, a net change of +12 holders.
  • The largest Nexstar Media Group buyer in Q2 2023 was Citadel Advisors, an estimated $28M added.
  • The largest Nexstar Media Group seller in Q2 2023 was Envestnet Asset Management, an estimated $138M sold.

Based on aggregated 13F filings for Q2 2023.