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 ($25.2m this quarter). Holder counts are more reliable. Shares outstanding: 32.3m as of 2024-08-07, 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 ≈ $167.18. Options: 10 managers hold calls ($26.6m notional), 12 hold puts ($34.1m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 436 |
| Q4 2022 | 456 |
| Q1 2023 | 435 |
| Q2 2023 | 446 |
| Q3 2023 | 420 |
| Q4 2023 | 436 |
| Q1 2024 | 437 |
| Q2 2024 | 439 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 233 | 210 |
| Q1 2023 | 199 | 233 |
| Q2 2023 | 187 | 245 |
| Q3 2023 | 179 | 263 |
| Q4 2023 | 189 | 214 |
| Q1 2024 | 182 | 222 |
| Q2 2024 | 200 | 220 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $78.2m | $63.7m | 0.81 |
| Q4 2023 | $64.6m | $66.7m | 1.03 |
| Q1 2024 | $42.9m | $50.6m | 1.18 |
| Q2 2024 | $26.6m | $34.1m | 1.28 |
Biggest buyers
| HRT FINANCIAL LP | New | +134.3k |
| CITADEL ADVISORS LLC | Added | +119.1k |
| AQR CAPITAL MANAGEMENT LLC | Added | +83.6k |
| Qube Research & Technologies Ltd | Added | +82.1k |
| Channing Capital Management, LLC | Added | +66.5k |
| JANE STREET GROUP, LLC | Added | +64.9k |
| Capital Research Global Investors | Added | +63.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +62.3k |
| GOLDMAN SACHS GROUP INC | Added | +59.1k |
| ExodusPoint Capital Management, LP | New | +56.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.1m |
| Pacer Advisors, Inc. | Reduced | -740.2k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Reduced | -434.3k |
| FMR LLC | Reduced | -191.9k |
| Point72 Asset Management, L.P. | Reduced | -177.1k |
| Fiera Capital Corp | Sold out | -154.4k |
| VANGUARD GROUP INC | Reduced | -129.2k |
| AMERIPRISE FINANCIAL INC | Reduced | -97.9k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -94.1k |
| JPMORGAN CHASE & CO | Reduced | -92.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.1m55.1k shares |
| CITADEL ADVISORS LLC | Reduced | $7.7m46.1k shares |
| WOLVERINE TRADING, LLC | Added | $2.8m17.0k shares |
| JANE STREET GROUP, LLC | Added | $2.4m14.3k shares |
| PEAK6 Investments LLC | Added | $2.2m13.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.6m9.9k shares |
| Walleye Trading LLC | Reduced | $365.2k2.2k shares |
| GROUP ONE TRADING LLC | Reduced | $298.8k1.8k shares |
| Advanced Portfolio Management, LLC | New | $113.4k2.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $12.8m77.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.5m45.3k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $4.5m27.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.2m25.3k shares |
| Walleye Capital LLC | Reduced | $1.2m7.5k shares |
| Walleye Trading LLC | Reduced | $1.1m6.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m6.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $913.1k5.5k shares |
| PEAK6 Investments LLC | Reduced | $481.4k2.9k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $215.8k1.3k 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 Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 5 | $4.2m | — |
| Q4 2022 | 0 | — | 6 | $9.5m | — |
| Q1 2023 | 0 | — | 7 | $1.4m | — |
| Q2 2023 | 0 | — | 10 | $6.2m | — |
| Q3 2023 | 0 | — | 2 | $973.1k | — |
| Q4 2023 | 0 | — | 4 | $6.1m | — |
| Q1 2024 | 0 | — | 7 | $8.8m | — |
| Q2 2024 | 0 | — | 10 | $3.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-17 | ZIMMER DANA Officer | Sold | $131.0k879 shares |
| 2024-06-17 | COMPTON SEAN President, Networks | Sold | $125.2k840 shares |
| 2024-06-17 | Gliha Lee Ann EVP, Chief Financial Officer | Sold | $111.4k747 shares |
| 2024-06-17 | ALFORD ANDREW President, Broadcasting | Sold | $111.2k746 shares |
| 2024-06-17 | Jenkins Brett Officer | Sold | $89.9k603 shares |
| 2024-06-17 | Russell Blake EVP, Operations | Sold | $78.0k523 shares |
| 2024-06-17 | WEITMAN GARY Officer | Sold | $77.8k522 shares |
| 2024-06-17 | Morgan Rachel EVP General Counsel | Sold | $48.3k324 shares |
| 2024-06-13 | McMillen Charles Thomas Director | Sold | $228.6k1.5k shares |
| 2024-06-05 | McMillen Charles Thomas Director | Sold | $231.4k1.5k shares |
| 2024-06-04 | ZIMMER DANA Officer | Sold | $141.9k887 shares |
| 2024-06-04 | COMPTON SEAN President, Networks | Sold | $135.8k849 shares |
| 2024-06-04 | ALFORD ANDREW President, Broadcasting | Sold | $120.8k755 shares |
| 2024-06-04 | Jenkins Brett Officer | Sold | $97.3k608 shares |
| 2024-06-04 | Russell Blake EVP, Operations | Sold | $84.5k528 shares |
| 2024-06-04 | WEITMAN GARY Officer | Sold | $84.5k528 shares |
| 2024-06-04 | MUSE JOHN R Director | Sold | $58.4k365 shares |
| 2024-06-04 | Gliha Lee Ann EVP, Chief Financial Officer | Sold | $52.2k326 shares |
| 2024-05-21 | McMillen Charles Thomas Director | Sold | $245.0k1.5k shares |
| 2024-05-20 | ZIMMER DANA President, Distribution | Sold | $196.4k1.2k shares |
| 2024-05-20 | COMPTON SEAN President, Networks | Sold | $188.0k1.1k shares |
| 2024-05-20 | ALFORD ANDREW President, Broadcasting | Sold | $167.1k998 shares |
| 2024-05-20 | Jenkins Brett Officer | Sold | $90.1k538 shares |
| 2024-05-20 | Russell Blake EVP, Operations | Sold | $72.5k433 shares |
| 2024-05-20 | WEITMAN GARY Officer | Sold | $72.3k432 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 3.2m $538.1m | Reduced -129.2k |
| BlackRock Inc. 0.01% of their portfolio | 2.9m $481.0m | Reduced -69.8k |
| NEUBERGER BERMAN GROUP LLC 0.20% of their portfolio | 1.5m $249.7m | Reduced -28.4k |
| LSV ASSET MANAGEMENT 0.49% of their portfolio | 1.3m $221.8m | Reduced -34.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.3m $220.2m | Added +62.3k |
| FMR LLC 0.01% of their portfolio | 1.3m $215.0m | Reduced -191.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.1m $178.7m | Added +5.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.0m $173.4m | Reduced -92.2k |
| STATE STREET CORP 0.01% of their portfolio | 962.8k $159.8m | Reduced -25.9k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 912.7k $151.5m | Reduced -94.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 743.3k $123.7m | Added +22.9k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 683.9k $113.5m | Added +119.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.43% of their portfolio | 611.1k $101.4m | Reduced -75 |
| Capital Research Global Investors 0.02% of their portfolio | 599.6k $99.5m | Added +63.8k |
| MORGAN STANLEY 0.01% of their portfolio | 529.0k $87.8m | Reduced -1.1m |
| Channing Capital Management, LLC 2.29% of their portfolio | 502.3k $83.4m | Added +66.5k |
| Copeland Capital Management, LLC 1.44% of their portfolio | 463.9k $77.0m | Added +3.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 418.8k $69.5m | Added +2.1k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 406.7k $67.5m | Reduced -97.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 405.1k $67.2m | Reduced -16.5k |
| BROWN ADVISORY INC 0.08% of their portfolio | 369.3k $61.3m | Added +1.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 336.6k $55.9m | Reduced -77.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 319.9k $53.1m | Added +59.1k |
| Boston Partners 0.06% of their portfolio | 310.3k $51.9m | Reduced -25.7k |
| NORGES BANK 0.01% of their portfolio | 246.0k $40.8m | Reduced -25.9k |
| BOSTON FINANCIAL MANGEMENT LLC 1.23% of their portfolio | 232.2k $38.6m | Reduced -3.9k |
| AMERICAN FINANCIAL GROUP INC 16.21% of their portfolio | 227.5k $37.8m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 220.8k $36.7m | Added +5.1k |
| CAPTRUST FINANCIAL ADVISORS 0.11% of their portfolio | 202.1k $33.5m | Reduced -7.8k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.38% of their portfolio | 201.9k $33.5m | Added +9.1k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 199.8k $32.8m | Added +83.6k |
| BRUNI J V & CO /CO 4.02% of their portfolio | 194.4k $32.3m | Reduced -229 |
| Engine Capital Management, LP 5.78% of their portfolio | 185.7k $30.8m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 178.7k $29.7m | Reduced -29.3k |
| LORD, ABBETT & CO. LLC 0.05% of their portfolio | 171.9k $28.5m | Reduced -780 |
| QVT Financial LP 2.59% of their portfolio | 165.7k $27.5m | Unchanged |
| Invesco Ltd. 0.01% of their portfolio | 162.7k $27.0m | Reduced -43.0k |
| CAPITAL MANAGEMENT CORP /VA 5.26% of their portfolio | 158.0k $26.2m | Added +1.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 156.5k $26.0m | Added +40.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 152.8k $25.4m | Added +6.5k |
| PNC Financial Services Group, Inc. 0.02% of their portfolio | 136.7k $22.7m | Reduced -6.0k |
| HRT FINANCIAL LP 0.13% of their portfolio | 134.3k $22.3m | New |
| HighTower Advisors, LLC 0.03% of their portfolio | 122.0k $20.2m | Reduced -67.8k |
| Long Focus Capital Management, LLC 2.08% of their portfolio | 121.0k $20.1m | Added +56.0k |
| PRIVATE MANAGEMENT GROUP INC 0.75% of their portfolio | 117.4k $19.5m | Reduced -46.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 115.1k $19.1m | Added +45.6k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 114.7k $19.0m | Added +82.1k |
| BESSEMER GROUP INC 0.03% of their portfolio | 113.2k $18.8m | Added +31.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 105.8k $17.6m | Added +7.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 104.0k $17.3m | Reduced -17.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 100.5k $16.7m | Reduced -7.4k |
| Bahl & Gaynor LLC 0.09% of their portfolio | 99.8k $16.6m | Added +1.1k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT 4.49% of their portfolio | 98.8k $16.4m | Reduced -434.3k |
| Penn Capital Management Company, LLC 1.43% of their portfolio | 90.2k $15.0m | Reduced -5.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 89.5k $14.9m | Reduced -4.6k |
| COMMERCE BANK 0.09% of their portfolio | 87.9k $14.6m | Added +21.1k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 85.3k $14.2m | Added +308 |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 84.1k $14.0m | Reduced -2.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 79.4k $13.2m | Added +64.9k |
| PAYDEN & RYGEL INVESTMENT GROUP 1.05% of their portfolio | 78.5k $13.0m | Reduced -9.4k |
| PAYDEN & RYGEL 1.05% of their portfolio | 78.5k $13.0m | Reduced -9.4k |
| Mesirow Institutional Investment Management, Inc. 1.13% of their portfolio | 77.6k $12.9m | Added +611 |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 73.7k $12.2m | Reduced -412 |
| GAMCO INVESTORS, INC. ET AL 0.13% of their portfolio | 71.9k $11.9m | Reduced -8.4k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 71.8k $11.9m | Added +18.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 67.0k $11.1m | Added +167 |
| Swiss National Bank 0.01% of their portfolio | 65.8k $10.9m | Reduced -1.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 61.0k $10.1m | Reduced -945 |
| Brandywine Global Investment Management, LLC 0.07% of their portfolio | 60.4k $10.0m | Added +2.9k |
| UBS Group AG 0.00% of their portfolio | 59.9k $9.9m | Added +2.3k |
| ExodusPoint Capital Management, LP 0.10% of their portfolio | 56.8k $9.4m | New |
| ASSETMARK, INC 0.03% of their portfolio | 55.3k $9.2m | Reduced -8.0k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 53.0k $8.8m | Reduced -177.1k |
| Phocas Financial Corp. 5.06% of their portfolio | 52.5k $44.4m | Added +10.0k |
| Legal & General Group Plc 0.00% of their portfolio | 52.4k $8.7m | Added +68 |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 52.1k $8.6m | Reduced -81.2k |
| Fairbanks Capital Management, Inc. 5.60% of their portfolio | 51.4k $8.5m | Added +304 |
| GABELLI FUNDS LLC 0.06% of their portfolio | 50.0k $8.3m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 49.5k $8.2m | Added +4.1k |
| Kingsview Wealth Management, LLC 0.19% of their portfolio | 48.2k $8.0m | Added +1.4k |
| Gotham Asset Management, LLC 0.10% of their portfolio | 47.3k $7.9m | Added +34.7k |
| Keeley-Teton Advisors, LLC 0.88% of their portfolio | 41.5k $6.9m | Reduced -908 |
| PINNACLE ASSOCIATES LTD 0.10% of their portfolio | 39.7k $6.6m | Reduced -341 |
| Corebridge Financial, Inc. 0.04% of their portfolio | 39.6k $6.6m | First filing |
| BARCLAYS PLC 0.00% of their portfolio | 38.6k $6.4m | Reduced -33.8k |
| Crawford Fund Management, LLC 5.07% of their portfolio | 38.6k $6.4m | Unchanged |
| Retirement Systems of Alabama 0.02% of their portfolio | 38.5k $6.4m | Reduced -2.0k |
| FOSTER & MOTLEY INC 0.44% of their portfolio | 38.3k $6.4m | Added +169 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 37.4k $6.2m | Added +426 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 36.6k $6.1m | Added +903 |
| Edgestream Partners, L.P. 0.29% of their portfolio | 36.4k $6.0m | Added +30.5k |
| SIT INVESTMENT ASSOCIATES INC 0.14% of their portfolio | 36.1k $6.0m | Reduced -60 |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.03% of their portfolio | 34.3k $5.7m | Added +944 |
| Bridgewater Associates, LP 0.03% of their portfolio | 34.3k $5.7m | Reduced -25.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 32.9k $5.5m | Reduced -1.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 31.5k $5.2m | Added +29.6k |
| Redwood Investment Management, LLC 0.47% of their portfolio | 31.4k $5.4m | Reduced -108 |
| DAVENPORT & Co LLC 0.03% of their portfolio | 31.2k $5.2m | Reduced -968 |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 31.1k $5.2m | Added +1.9k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 30.8k $5.1m | Reduced -1.4k |