Nexstar Media Group
NXST
454 hedge funds and large institutions have $4.85B invested in Nexstar Media Group in 2024 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 140 increasing their positions, 189 reducing their positions, and 46 closing their positions.
43% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 46
18% more call options, than puts
Call options by funds: $38.9M | Put options by funds: $33M
4% more funds holding
Funds holding: 437 → 454 (+17)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
4% less capital invested
Capital invested by funds: $5.06B → $4.85B (-$206M)
1.83% less ownership
Funds ownership: 92.82% → 90.99% (-1.8%)
26% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 189
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$28.3M |
| 2 |
Man Group
London,
United Kingdom
|
+$22.4M |
| 3 |
Millennium Management
New York
|
+$20.6M |
| 4 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$14.2M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$107M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$26.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.1M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
-$18.9M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$18.7M |
NXST Hedge Fund Activity: Q3 2024 in Review
454 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Nexstar Media Group (NXST) for Q3 2024, worth a combined $4.85B — down 4.1% from $5.06B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new NXST positions and 46 closed out — a net gain of 20 holders — while 140 added to existing stakes and 189 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $28.3M. The largest seller was Citadel Advisors, cutting an estimated $107M.
- 454 institutional investors held Nexstar Media Group (NXST) as of Q3 2024, up from 437 in Q2 2024.
- Funds reported $4.85B of Nexstar Media Group stock for Q3 2024, down 4.1% quarter-over-quarter.
- 66 funds opened new Nexstar Media Group positions in Q3 2024 and 46 closed out, a net change of +20 holders.
- The largest Nexstar Media Group buyer in Q3 2024 was AQR Capital Management, an estimated $28.3M added.
- The largest Nexstar Media Group seller in Q3 2024 was Citadel Advisors, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2024.