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 ($19.9m this quarter). Holder counts are more reliable. Shares outstanding: 31.0m as of 2024-11-07, 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 ≈ $153.95. Options: 9 managers hold calls ($29.3m notional), 10 hold puts ($14.7m).
Trends to Q4 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 |
| Q3 2024 | 456 |
| Q4 2024 | 467 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 199 | 233 |
| Q2 2023 | 187 | 245 |
| Q3 2023 | 179 | 263 |
| Q4 2023 | 189 | 214 |
| Q1 2024 | 182 | 222 |
| Q2 2024 | 200 | 220 |
| Q3 2024 | 195 | 236 |
| Q4 2024 | 194 | 234 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $42.9m | $50.6m | 1.18 |
| Q2 2024 | $26.6m | $34.1m | 1.28 |
| Q3 2024 | $38.9m | $33.0m | 0.85 |
| Q4 2024 | $29.3m | $14.7m | 0.50 |
Biggest buyers
| Pacer Advisors, Inc. | Added | +1.2m |
| Demars Financial Group, LLC | Added | +768.9k |
| UBS Group AG | Added | +453.7k |
| Invesco Ltd. | Added | +142.5k |
| NORTHERN TRUST CORP | Added | +84.4k |
| CITADEL ADVISORS LLC | Added | +60.7k |
| AQR CAPITAL MANAGEMENT LLC | Added | +56.9k |
| FIRST TRUST ADVISORS LP | Added | +54.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +44.8k |
| Verition Fund Management LLC | Added | +39.3k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -591.9k |
| Capital Research Global Investors | Reduced | -227.5k |
| FMR LLC | Reduced | -197.8k |
| BROWN ADVISORY INC | Reduced | -158.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -135.1k |
| BlackRock, Inc. | Reduced | -134.4k |
| Qube Research & Technologies Ltd | Reduced | -121.8k |
| PAYDEN & RYGEL | Sold out | -110.2k |
| VANGUARD GROUP INC | Reduced | -91.3k |
| LORD, ABBETT & CO. LLC | Sold out | -78.5k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $8.9m56.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.6m48.1k shares |
| Twin Tree Management, LP | Reduced | $7.6m48.1k shares |
| CITADEL ADVISORS LLC | Reduced | $1.8m11.2k shares |
| Walleye Trading LLC | Added | $1.5m9.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $769.8k4.9k shares |
| Walleye Capital LLC | Added | $647.7k4.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $537.0k3.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.5m41.4k shares |
| CITADEL ADVISORS LLC | Reduced | $4.5m28.6k shares |
| JANE STREET GROUP, LLC | Added | $1.7m10.5k shares |
| PEAK6 LLC | First filing | $1.1m7.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $298.5k1.9k shares |
| Walleye Trading LLC | Reduced | $237.0k1.5k shares |
| Walleye Capital LLC | Reduced | $158.0k1.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $157.0k1.0k shares |
| GROUP ONE TRADING LLC | New | $15.8k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2024 | 0 | — | 11 | $7.8m | — |
| Q4 2024 | 0 | — | 7 | $34.3m | $2.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-26 | SOOK PERRY A Chief Executive Officer, director | Sold | $5.9m37.0k shares |
| 2024-12-26 | McMillen Charles Thomas Director | Sold | $119.9k750 shares |
| 2024-12-24 | SOOK PERRY A Chief Executive Officer, director | Sold | $2.5m15.8k shares |
| 2024-12-23 | SOOK PERRY A Chief Executive Officer, director | Sold | $8.3m52.8k shares |
| 2024-12-23 | Gliha Lee Ann EVP, Chief Financial Officer | Sold | $52.2k330 shares |
| 2024-12-17 | SOOK PERRY A Chief Executive Officer, director | Sold | $5.7m35.2k shares |
| 2024-12-11 | Aulestia Bernadette S. Director | Sold | $82.2k500 shares |
| 2024-12-09 | McNabb Lisbeth Director | Sold | $150.5k875 shares |
| 2024-11-25 | Jenkins Brett Officer | Sold | $739.0k4.3k shares |
| 2024-11-22 | SOOK PERRY A Chief Executive Officer, director | Sold | $8.0m46.9k shares |
| 2024-11-22 | MUSE JOHN R Director | Sold | $405.8k2.4k shares |
| 2024-11-07 | SOOK PERRY A Chief Executive Officer, director | Sold plan | $2.3m12.2k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 3.1m $491.3m | Reduced -91.3k |
| BlackRock, Inc. 0.01% of their portfolio | 2.7m $431.6m | Reduced -134.4k |
| NEUBERGER BERMAN GROUP LLC 0.19% of their portfolio | 1.5m $234.5m | Added +22.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.3m $210.3m | Added +4.7k |
| LSV ASSET MANAGEMENT 0.45% of their portfolio | 1.2m $194.9m | Reduced -54.6k |
| Pacer Advisors, Inc. 0.42% of their portfolio | 1.2m $190.7m | Added +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.1m $174.1m | Added +18.7k |
| FMR LLC 0.01% of their portfolio | 978.3k $154.5m | Reduced -197.8k |
| STATE STREET CORP 0.01% of their portfolio | 964.5k $152.4m | Added +5.4k |
| Demars Financial Group, LLC 0.05% of their portfolio | 773.7k $4.9k | Added +768.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 726.7k $115.0m | Reduced -14.0k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 712.7k $112.6m | Reduced -42.7k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.36% of their portfolio | 608.5k $96.1m | Reduced -1.1k |
| Channing Capital Management, LLC 2.35% of their portfolio | 557.0k $88.0m | Reduced -12.0k |
| Copeland Capital Management, LLC 1.58% of their portfolio | 536.2k $84.7m | Reduced -11.5k |
| MORGAN STANLEY 0.01% of their portfolio | 517.2k $81.7m | Added +15.9k |
| UBS Group AG 0.02% of their portfolio | 516.4k $81.6m | Added +453.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 463.1k $73.2m | Added +84.4k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 423.8k $66.9m | Added +56.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 418.4k $66.1m | Reduced -591.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 403.7k $63.8m | Added +19.1k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 402.8k $63.6m | Reduced -1.4k |
| Capital Research Global Investors 0.01% of their portfolio | 382.6k $60.4m | Reduced -227.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 308.2k $48.7m | Added +5.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 303.0k $47.9m | Reduced -17.8k |
| NORGES BANK 0.01% of their portfolio | 281.4k $44.5m | Reduced -10.1k |
| Boston Partners 0.05% of their portfolio | 277.3k $43.7m | Added +4.5k |
| AMERICAN FINANCIAL GROUP INC 16.36% of their portfolio | 227.5k $35.9m | Unchanged |
| BROWN ADVISORY INC 0.04% of their portfolio | 222.5k $35.2m | Reduced -158.6k |
| Invesco Ltd. 0.01% of their portfolio | 219.6k $34.7m | Added +142.5k |
| BOSTON FINANCIAL MANGEMENT LLC 1.03% of their portfolio | 216.0k $34.1m | Reduced -10.6k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.32% of their portfolio | 206.1k $32.6m | Added +3.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 205.5k $32.5m | Added +54.6k |
| BRUNI J V & CO /CO 3.48% of their portfolio | 194.6k $30.7m | Added +1.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 188.9k $29.8m | Reduced -773 |
| Engine Capital Management, LP 5.35% of their portfolio | 185.2k $29.3m | Unchanged |
| CAPITAL MANAGEMENT CORP /VA 5.21% of their portfolio | 184.0k $29.1m | Added +21.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 146.8k $23.2m | Reduced -68.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 146.6k $23.2m | Added +34.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 136.1k $21.5m | Reduced -22.5k |
| CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio | 129.7k $20.5m | Reduced -70.6k |
| Long Focus Capital Management, LLC 1.57% of their portfolio | 129.5k $20.5m | Reduced -500 |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 125.3k $19.8m | Reduced -6.9k |
| Man Group plc 0.06% of their portfolio | 121.9k $19.3m | Reduced -13.2k |
| QVT Financial LP 1.72% of their portfolio | 121.6k $19.2m | Reduced -44.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 116.2k $18.4m | Added +12.7k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 109.7k $17.3m | Added +60.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 99.1k $15.6m | Reduced -2.4k |
| Brandywine Global Investment Management, LLC 0.11% of their portfolio | 95.3k $15.1m | Added +36.4k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 94.2k $14.9m | Added +33.7k |
| COMMERCE BANK 0.08% of their portfolio | 86.1k $13.6m | Reduced -705 |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 83.4k $13.2m | Reduced -636 |
| HighTower Advisors, LLC 0.02% of their portfolio | 79.0k $12.5m | Reduced -42.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 78.9k $12.5m | Reduced -2.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 78.7k $12.4m | Added +645 |
| Penn Capital Management Company, LLC 1.22% of their portfolio | 78.5k $12.4m | Reduced -13.8k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 77.6k $12.3m | Added +3.0k |
| GAMCO INVESTORS, INC. ET AL 0.12% of their portfolio | 71.2k $11.3m | Reduced -107 |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 67.4k $10.6m | Reduced -3.1k |
| Swiss National Bank 0.01% of their portfolio | 60.3k $9.5m | Reduced -600 |
| California Public Employees Retirement System 0.01% of their portfolio | 58.3k $9.2m | Reduced -3.5k |
| Kingsview Wealth Management, LLC 0.17% of their portfolio | 55.8k $8.8m | Added +5.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 55.6k $8.8m | Added +370 |
| ASSETMARK, INC 0.02% of their portfolio | 54.2k $8.6m | Added +369 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 53.2k $8.4m | First filing |
| Fairbanks Capital Management, Inc. 5.09% of their portfolio | 51.7k $8.2m | Added +285 |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 51.6k $8.1m | Reduced -91 |
| GABELLI FUNDS LLC 0.06% of their portfolio | 51.0k $8.1m | Added +1.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 50.1k $7.9m | Reduced -121.8k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 49.9k $7.9m | Added +608 |
| Legal & General Group Plc 0.00% of their portfolio | 49.5k $7.8m | Reduced -83 |
| Phocas Financial Corp. 1.03% of their portfolio | 49.0k $7.7m | Reduced -444 |
| BARCLAYS PLC 0.00% of their portfolio | 47.7k $7.5m | Added +2.6k |
| Verition Fund Management LLC 0.04% of their portfolio | 46.7k $7.4m | Added +39.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 44.8k $7.1m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 44.4k $7.0m | Reduced -12.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 44.2k $7.0m | Added +1.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 41.1k $6.5m | First filing |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 40.7k $6.4m | Added +20.1k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 40.1k $6.3m | Added +859 |
| Weiss Asset Management LP 0.14% of their portfolio | 39.5k $6.2m | Added +36.9k |
| PINNACLE ASSOCIATES LTD 0.08% of their portfolio | 38.9k $6.2m | Reduced -1.8k |
| FOSTER & MOTLEY INC 0.39% of their portfolio | 37.9k $6.0m | Reduced -44 |
| Crawford Fund Management, LLC 3.88% of their portfolio | 36.6k $5.8m | Reduced -6.9k |
| CITIGROUP INC 0.01% of their portfolio | 36.3k $5.7m | Added +8.1k |
| Retirement Systems of Alabama 0.02% of their portfolio | 35.5k $5.6m | Reduced -1.4k |
| Holocene Advisors, LP 0.02% of their portfolio | 35.3k $5.6m | Added +18.1k |
| Keeley-Teton Advisors, LLC 0.64% of their portfolio | 34.8k $5.5m | Reduced -5.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 34.2k $5.4m | Reduced -3.6k |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 33.9k $5.3m | Added +1.4k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 33.1k $5.2m | Reduced -2.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 32.4k $5.1m | Reduced -716 |
| Parcion Private Wealth LLC 0.39% of their portfolio | 32.3k $5.1m | Added +1.1k |
| DAVENPORT & Co LLC 0.03% of their portfolio | 29.0k $4.6m | Reduced -11 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 28.7k $4.5m | Reduced -1.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 28.1k $4.4m | Reduced -959 |
| JOHN G ULLMAN & ASSOCIATES INC 0.65% of their portfolio | 28.0k $4.4m | Reduced -325 |
| Empowered Funds, LLC 0.06% of their portfolio | 25.6k $4.0m | Added +3.1k |
| Redwood Investment Management, LLC 0.39% of their portfolio | 25.1k $4.0m | Added +476 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 24.2k $3.8m | Reduced -1.3k |