Nexstar Media Group
NXST
416 hedge funds and large institutions have $4.69B invested in Nexstar Media Group in 2023 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 126 increasing their positions, 180 reducing their positions, and 81 closing their positions.
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
23% more call options, than puts
Call options by funds: $78.2M | Put options by funds: $63.7M
0.96% less ownership
Funds ownership: 94.12% → 93.16% (-0.96%)
6% less funds holding
Funds holding: 443 → 416 (-27)
17% less capital invested
Capital invested by funds: $5.62B → $4.69B (-$934M)
28% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 81
30% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 180
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$91.1M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$72.4M |
| 3 |
JP Morgan Chase
New York
|
+$30.3M |
| 4 |
ECM
Engine Capital Management
New York
|
+$28.1M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$147M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.7M |
| 3 |
BlackRock
New York
|
-$34.3M |
| 4 |
AssetMark Inc
Concord,
California
|
-$30.1M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$29.8M |
NXST Hedge Fund Activity: Q3 2023 in Review
416 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2023, worth a combined $4.69B — down 17% from $5.62B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of NXST and 58 opened new positions — a net loss of 23 holders — while 180 trimmed existing stakes and 126 added.
The largest buyer was AllianceBernstein, adding an estimated $91.1M. The largest seller was Boston Partners, cutting an estimated $147M.
- 416 institutional investors held Nexstar Media Group (NXST) as of Q3 2023, down from 443 in Q2 2023.
- Funds reported $4.69B of Nexstar Media Group stock for Q3 2023, down 17% quarter-over-quarter.
- 58 funds opened new Nexstar Media Group positions in Q3 2023 and 81 closed out, a net change of -23 holders.
- The largest Nexstar Media Group buyer in Q3 2023 was AllianceBernstein, an estimated $91.1M added.
- The largest Nexstar Media Group seller in Q3 2023 was Boston Partners, an estimated $147M sold.
Based on aggregated 13F filings for Q3 2023.