Nexstar Media Group
NXST
437 hedge funds and large institutions have $5.06B invested in Nexstar Media Group in 2024 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 153 increasing their positions, 173 reducing their positions, and 45 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 45
0% more funds holding
Funds holding: 435 → 437 (+2)
3.92% less ownership
Funds ownership: 96.74% → 92.82% (-3.9%)
9% less capital invested
Capital invested by funds: $5.57B → $5.06B (-$512M)
12% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 173
22% less call options, than puts
Call options by funds: $26.6M | Put options by funds: $34.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$21.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$19.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.6M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$13.3M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$120M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$70.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$28.8M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$26.6M |
NXST Hedge Fund Activity: Q2 2024 in Review
437 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q2 2024, worth a combined $5.06B — down 9.2% from $5.57B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new NXST positions and 45 closed out — a net gain of 4 holders — while 153 added to existing stakes and 173 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $21.8M. The largest seller was Pacer Advisors, cutting an estimated $120M.
- 437 institutional investors held Nexstar Media Group (NXST) as of Q2 2024, up from 435 in Q1 2024.
- Funds reported $5.06B of Nexstar Media Group stock for Q2 2024, down 9.2% quarter-over-quarter.
- 49 funds opened new Nexstar Media Group positions in Q2 2024 and 45 closed out, a net change of +4 holders.
- The largest Nexstar Media Group buyer in Q2 2024 was HRT Financial, an estimated $21.8M added.
- The largest Nexstar Media Group seller in Q2 2024 was Pacer Advisors, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2024.