Nexstar Media Group
NXST
435 hedge funds and large institutions have $5.33B invested in Nexstar Media Group in 2023 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 143 increasing their positions, 171 reducing their positions, and 42 closing their positions.
64% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 42
14% more capital invested
Capital invested by funds: $4.69B → $5.33B (+$637M)
6.92% more ownership
Funds ownership: 93.16% → 100.08% (+6.9%)
5% more funds holding
Funds holding: 416 → 435 (+19)
3% less call options, than puts
Call options by funds: $64.6M | Put options by funds: $66.7M
16% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 171
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$228M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$52.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$47M |
| 4 |
Jane Street
New York
|
+$14.5M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$49.4M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$31.9M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$16.8M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$16.7M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$12.4M |
NXST Hedge Fund Activity: Q4 2023 in Review
435 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q4 2023, worth a combined $5.33B — up 14% from $4.69B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new NXST positions and 42 closed out — a net gain of 27 holders — while 143 added to existing stakes and 171 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $228M. The largest seller was Boston Partners, cutting an estimated $49.4M.
- 435 institutional investors held Nexstar Media Group (NXST) as of Q4 2023, up from 416 in Q3 2023.
- Funds reported $5.33B of Nexstar Media Group stock for Q4 2023, up 14% quarter-over-quarter.
- 69 funds opened new Nexstar Media Group positions in Q4 2023 and 42 closed out, a net change of +27 holders.
- The largest Nexstar Media Group buyer in Q4 2023 was Neuberger Berman Group, an estimated $228M added.
- The largest Nexstar Media Group seller in Q4 2023 was Boston Partners, an estimated $49.4M sold.
Based on aggregated 13F filings for Q4 2023.