NEXSTAR MEDIA GROUP INC NXST
COMMON STOCK · Common Stock · CUSIP 65336K103 · ISIN US65336K1034
American media company
- SectorCommunication
- IndustryTelevision Broadcasting Stations
- HeadquartersIrving, TX
- Founded1996
- Websitenexstar.tv
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($15.1m this quarter). Holder counts are more reliable. Shares outstanding: 37.7m as of 2022-11-08, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $174.07. Options: 10 managers hold calls ($15.5m notional), 11 hold puts ($72.7m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 436 |
| Q4 2022 | 456 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $18.2m | $34.0m | 1.87 |
| Q4 2022 | $15.5m | $72.7m | 4.70 |
Biggest buyers
| BlackRock Inc. | Added | +1.7m |
| STATE STREET CORP | Added | +399.5k |
| Boston Partners | Added | +398.4k |
| CIBC Private Wealth Group LLC | New | +273.6k |
| Bank of New York Mellon Corp | Added | +187.5k |
| ABRAMS BISON INVESTMENTS, LLC | Added | +187.2k |
| Pacer Advisors, Inc. | Added | +175.6k |
| Fiera Capital Corp | New | +165.1k |
| Invesco Ltd. | Added | +146.1k |
| WASATCH ADVISORS LP | New | +144.3k |
Biggest sellers
| FMR LLC | Reduced | -641.3k |
| Park West Asset Management LLC | Reduced | -411.9k |
| Simcoe Capital Management, LLC | Sold out | -367.3k |
| MACQUARIE GROUP LTD | Reduced | -344.2k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -301.2k |
| ExodusPoint Capital Management, LP | Sold out | -251.4k |
| Driehaus Capital Management LLC | Sold out | -232.5k |
| HRT FINANCIAL LP | Sold out | -180.8k |
| Provident Investment Management, Inc. | Sold out | -154.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -138.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.7m32.5k shares |
| CITADEL ADVISORS LLC | Reduced | $5.4m31.0k shares |
| Walleye Trading LLC | Added | $1.6m8.9k shares |
| PEAK6 Investments LLC | Reduced | $1.2m6.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $683.0k3.9k shares |
| Squarepoint Ops LLC | Added | $490.1k2.8k shares |
| JANE STREET GROUP, LLC | Reduced | $367.6k2.1k shares |
| SIMPLEX TRADING, LLC | Added | $52.0k300 shares |
| GROUP ONE TRADING LLC | Reduced | $17.5k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $26.8m153.0k shares |
| Point72 Asset Management, L.P. | New | $13.1m75.0k shares |
| PEAK6 Investments LLC | Reduced | $10.4m59.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m38.2k shares |
| CITADEL ADVISORS LLC | Reduced | $6.1m35.0k shares |
| Squarepoint Ops LLC | Added | $5.6m31.9k shares |
| GROUP ONE TRADING LLC | New | $1.5m8.5k shares |
| Walleye Trading LLC | Added | $1.2m7.1k shares |
| WOLVERINE TRADING, LLC | Added | $875.0k5.0k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $315.1k1.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-03 | 10.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $65.7m | — |
| Q1 2022 | 0 | — | 10 | $113.4m | — |
| Q2 2022 | 0 | — | 9 | $3.0m | — |
| Q3 2022 | 0 | — | 5 | $4.2m | — |
| Q4 2022 | 0 | — | 6 | $9.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-23 | FITZSIMONS DENNIS J Director | Sold | $176.2k1.0k shares |
| 2022-12-21 | McMillen Charles Thomas Director | Sold | $87.5k500 shares |
| 2022-12-20 | McMillen Charles Thomas Director | Sold | $170.1k1.0k shares |
| 2022-12-09 | Carter Thomas President and COO | Sold | $1.8m10.0k shares |
| 2022-11-30 | Jenkins Brett EVP, Chief Technology Officer | Sold | $608.0k3.2k shares |
| 2022-11-29 | Carter Thomas President and COO | Sold | $2.8m15.0k shares |
| 2022-11-29 | ALFORD ANDREW President, Broadcasting | Sold | $937.9k5.0k shares |
| 2022-11-29 | ZIMMER DANA President, Distribution | Sold | $250.2k1.3k shares |
| 2022-11-21 | Carter Thomas President and COO | Sold | $474.3k2.8k shares |
| 2022-11-15 | Carter Thomas President and COO | Sold | $2.2m12.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 3.5m $605.4m | Reduced -13.6k |
| BlackRock Inc. 0.02% of their portfolio | 3.4m $589.8m | Added +1.7m |
| FMR LLC 0.03% of their portfolio | 1.9m $327.5m | Reduced -641.3k |
| Boston Partners 0.44% of their portfolio | 1.8m $323.4m | Added +398.4k |
| NEUBERGER BERMAN GROUP LLC 0.29% of their portfolio | 1.7m $296.4m | Reduced -301.2k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 1.5m $266.6m | Reduced -116.5k |
| LSV ASSET MANAGEMENT 0.51% of their portfolio | 1.3m $229.2m | Added +112.9k |
| STATE STREET CORP 0.01% of their portfolio | 1.0m $180.9m | Added +399.5k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT 5.33% of their portfolio | 943.6k $165.2m | Reduced -22.4k |
| MORGAN STANLEY 0.02% of their portfolio | 909.4k $159.2m | Reduced -20.5k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 715.7k $125.3m | Reduced -344.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 680.4k $120.2m | Added +4.6k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 643.8k $112.7m | Added +97.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.71% of their portfolio | 642.7k $112.5m | Added +741 |
| Bank of New York Mellon Corp 0.02% of their portfolio | 452.8k $79.3m | Added +187.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 429.1k $75.1m | Added +2.3k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 418.4k $73.2m | Added +94.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 394.9k $69.1m | Added +7.0k |
| ABRAMS BISON INVESTMENTS, LLC 7.20% of their portfolio | 386.0k $67.6m | Added +187.2k |
| Copeland Capital Management, LLC 1.77% of their portfolio | 382.9k $67.0m | Added +2.8k |
| BROWN ADVISORY INC 0.12% of their portfolio | 377.2k $66.0m | Reduced -124.8k |
| Pacer Advisors, Inc. 0.33% of their portfolio | 368.6k $64.5m | Added +175.6k |
| NORGES BANK 0.02% of their portfolio | 367.6k $64.3m | Reduced -27.8k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 352.6k $61.7m | Reduced -21.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 340.5k $59.6m | Added +2.9k |
| Clark Capital Management Group, Inc. 0.53% of their portfolio | 331.4k $58.0m | Reduced -8.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 308.4k $54.0m | Added +90.9k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.66% of their portfolio | 291.3k $51.0m | Reduced -138.6k |
| CIBC Private Wealth Group LLC 0.02% of their portfolio | 273.6k $5.0m | New |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.72% of their portfolio | 256.8k $44.9m | Reduced -5.6k |
| GLENMEDE TRUST CO NA 0.26% of their portfolio | 254.5k $44.5m | Reduced -6.7k |
| HighTower Advisors, LLC 0.10% of their portfolio | 253.5k $44.4m | Added +145 |
| AMERICAN FINANCIAL GROUP INC 14.18% of their portfolio | 242.5k $42.4m | Unchanged |
| Park West Asset Management LLC 4.15% of their portfolio | 236.4k $41.4m | Reduced -411.9k |
| Invesco Ltd. 0.01% of their portfolio | 230.2k $40.3m | Added +146.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 220.6k $38.6m | Added +20.9k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 208.7k $36.5m | Added +79.0k |
| CAPTRUST FINANCIAL ADVISORS 0.17% of their portfolio | 197.8k $34.6m | Added +27.7k |
| PRIVATE MANAGEMENT GROUP INC 1.50% of their portfolio | 193.2k $33.8m | Added +13.1k |
| Epoch Investment Partners, Inc. 0.20% of their portfolio | 192.8k $33.8m | Added +29.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 190.9k $33.4m | Added +4.5k |
| GOLDENTREE ASSET MANAGEMENT LP 2.52% of their portfolio | 179.3k $31.4m | Reduced -113.9k |
| LORD, ABBETT & CO. LLC 0.05% of their portfolio | 172.7k $30.2m | Added +71.9k |
| QVT Financial LP 1.73% of their portfolio | 165.7k $29.0m | Unchanged |
| Fiera Capital Corp 0.09% of their portfolio | 165.1k $28.9m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 158.9k $27.8m | Reduced -24.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 154.3k $27.0m | Added +42.2k |
| BRUNI J V & CO /CO 3.75% of their portfolio | 152.7k $26.7m | Added +61.7k |
| PNC Financial Services Group, Inc. 0.03% of their portfolio | 151.1k $26.4m | Added +102 |
| STRS OHIO 0.12% of their portfolio | 145.9k $25.5m | Reduced -116.1k |
| WASATCH ADVISORS LP 0.17% of their portfolio | 144.3k $25.3m | New |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.70% of their portfolio | 138.1k $24.2m | Added +12.8k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 131.7k $23.0m | Reduced -1.5k |
| GAMCO INVESTORS, INC. ET AL 0.24% of their portfolio | 128.2k $22.4m | Reduced -1.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 120.4k $21.1m | Reduced -4.3k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 110.3k $19.3m | Added +69.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 106.7k $18.7m | Added +6.6k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 103.0k $18.0m | New |
| BRAUN STACEY ASSOCIATES INC 1.02% of their portfolio | 101.8k $17.8m | Reduced -2.5k |
| COMMERCE BANK 0.14% of their portfolio | 99.9k $17.5m | Added +22.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 96.4k $16.9m | Added +13.3k |
| Swiss National Bank 0.01% of their portfolio | 93.7k $16.4m | Reduced -2.2k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 93.6k $16.4m | Reduced -4.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 92.6k $16.2m | Added +5.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 91.1k $16.0m | Added +1.6k |
| BOSTON FINANCIAL MANGEMENT LLC 0.64% of their portfolio | 90.6k $15.9m | Reduced -5.1k |
| Penn Capital Management Company, LLC 1.55% of their portfolio | 86.6k $15.2m | Reduced -6.2k |
| PAYDEN & RYGEL 0.78% of their portfolio | 83.9k $14.7m | New |
| TD Asset Management Inc 0.02% of their portfolio | 83.0k $14.5m | Reduced -837 |
| Phocas Financial Corp. 2.09% of their portfolio | 82.9k $14.5m | Added +10.7k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 80.2k $14.0m | Unchanged |
| Brandywine Global Investment Management, LLC 0.11% of their portfolio | 79.7k $13.9m | Added +27.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 78.6k $13.8m | Added +40.0k |
| Bahl & Gaynor LLC 0.09% of their portfolio | 78.3k $13.7m | Added +6.1k |
| Channing Capital Management, LLC 0.43% of their portfolio | 76.6k $13.4m | Added +7.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 74.6k $13.0m | Reduced -271 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 66.8k $11.7m | Reduced -422 |
| Amundi 0.01% of their portfolio | 66.1k $12.2m | Reduced -23.8k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 65.3k $11.4m | Added +22.4k |
| GABELLI FUNDS LLC 0.09% of their portfolio | 65.0k $11.4m | Added +1.1k |
| Crossmark Global Holdings, Inc. 0.28% of their portfolio | 63.3k $11.1m | Added +6.2k |
| Ziegler Capital Management, LLC 0.46% of their portfolio | 63.2k $11.1m | Reduced -1.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 60.5k $10.6m | Reduced -94.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 59.9k $10.5m | Reduced -2.7k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio | 58.7k $10.3m | Added +58.3k |
| BESSEMER GROUP INC 0.02% of their portfolio | 57.8k $10.1m | Added +2.5k |
| Man Group plc 0.04% of their portfolio | 57.2k $10.0m | Reduced -12.4k |
| Keeley-Teton Advisors, LLC 1.24% of their portfolio | 56.8k $9.9m | Reduced -2.9k |
| Legal & General Group Plc 0.00% of their portfolio | 56.2k $9.8m | Added +22.2k |
| CAPITAL MANAGEMENT CORP /VA 2.28% of their portfolio | 53.0k $9.3m | New |
| Mesirow Institutional Investment Management, Inc. 1.17% of their portfolio | 51.0k $8.9m | Reduced -15.7k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 50.4k $8.8m | Reduced -7 |
| Retirement Systems of Alabama 0.04% of their portfolio | 49.7k $8.7m | New |
| Fairbanks Capital Management, Inc. 7.69% of their portfolio | 49.4k $8.7m | Reduced -175 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 48.5k $8.5m | Reduced -1.3k |
| COLONY GROUP LLC 0.12% of their portfolio | 47.8k $8.4m | Reduced -1.4k |
| Cubist Systematic Strategies, LLC 0.07% of their portfolio | 46.8k $8.2m | Added +34.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 46.3k $8.1m | Reduced -4.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 46.1k $8.1m | Reduced -10.4k |
| COMERICA BANK 0.06% of their portfolio | 43.9k $8.1m | Added +17.0k |