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 ($21.4m this quarter). Holder counts are more reliable. Shares outstanding: 30.5m as of 2025-02-27, 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 ≈ $171.94. Options: 11 managers hold calls ($66.8m notional), 10 hold puts ($33.3m).
Trends to Q1 2025
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 |
| Q1 2025 | 485 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 250 | 210 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $26.6m | $34.1m | 1.28 |
| Q3 2024 | $38.9m | $33.0m | 0.85 |
| Q4 2024 | $29.3m | $14.7m | 0.50 |
| Q1 2025 | $66.8m | $33.3m | 0.50 |
Biggest buyers
| BlackRock, Inc. | Added | +526.1k |
| New Vernon Capital Holdings II LLC | New | +335.1k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +249.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +195.6k |
| BROWN ADVISORY INC | Added | +129.6k |
| Demars Financial Group, LLC | Added | +105.5k |
| SG Americas Securities, LLC | New | +98.1k |
| CAPTRUST FINANCIAL ADVISORS | Added | +92.2k |
| J. Goldman & Co LP | New | +82.4k |
| Squarepoint Ops LLC | New | +75.7k |
Biggest sellers
| Pacer Advisors, Inc. | Reduced | -832.0k |
| Capital Research Global Investors | Sold out | -382.6k |
| JPMORGAN CHASE & CO | Reduced | -284.2k |
| Boston Partners | Sold out | -277.3k |
| FMR LLC | Reduced | -251.7k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -174.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -93.5k |
| Copeland Capital Management, LLC | Reduced | -81.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -79.4k |
| HighTower Advisors, LLC | Reduced | -74.5k |
Biggest calls
| Caption Management, LLC | New | $18.8m104.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.3m57.4k shares |
| CITADEL ADVISORS LLC | Added | $9.9m55.2k shares |
| JANE STREET GROUP, LLC | Reduced | $7.3m40.6k shares |
| Walleye Trading LLC | Added | $6.5m36.0k shares |
| GROUP ONE TRADING LLC | New | $6.3m35.3k shares |
| PEAK6 LLC | New | $6.1m33.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $776.4k4.4k shares |
| SIMPLEX TRADING, LLC | Added | $716.0k4.0k shares |
| Walleye Capital LLC | Reduced | $250.9k1.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.4m47.1k shares |
| CITADEL ADVISORS LLC | Added | $6.4m35.9k shares |
| PEAK6 LLC | Added | $5.1m28.5k shares |
| Walleye Trading LLC | Added | $4.1m22.6k shares |
| JANE STREET GROUP, LLC | Added | $2.9m16.3k shares |
| SIMPLEX TRADING, LLC | Added | $2.5m14.2k shares |
| WOLVERINE TRADING, LLC | Added | $1.9m10.9k shares |
| NOMURA HOLDINGS INC | New | $1.9m10.4k shares |
| Walleye Capital LLC | Reduced | $35.8k200 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 |
| Q1 2025 | 0 | — | 6 | $13.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-26 | ALFORD ANDREW President, Broadcasting | Sold | $685.7k3.8k shares |
| 2025-03-19 | Jenkins Brett Officer | Sold | $669.0k3.8k shares |
| 2025-03-07 | ZIMMER DANA Officer | Sold | $861.0k4.8k shares |
| 2025-03-07 | WEITMAN GARY Officer | Sold | $219.9k1.2k shares |
| 2025-03-05 | SOOK PERRY A Chief Executive Officer, director | Sold | $5.5m32.8k shares |
| 2025-03-05 | McMillen Charles Thomas Director | Sold | $339.0k2.0k shares |
| 2025-03-04 | SOOK PERRY A Chief Executive Officer, director | Sold | $5.5m32.1k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 3.3m $584.0m | Added +526.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 3.1m $547.1m | Reduced -57.5k |
| NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio | 1.5m $265.0m | Reduced -5.4k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.3m $240.5m | Added +10.5k |
| LSV ASSET MANAGEMENT 0.53% of their portfolio | 1.2m $219.1m | Reduced -10.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.1m $204.0m | Added +35.9k |
| STATE STREET CORP 0.01% of their portfolio | 956.3k $171.4m | Reduced -8.2k |
| Demars Financial Group, LLC 0.14% of their portfolio | 879.3k $4.9k | Added +105.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.56% of their portfolio | 804.1k $144.1m | Added +195.6k |
| FMR LLC 0.01% of their portfolio | 726.7k $130.2m | Reduced -251.7k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 694.5k $124.5m | Reduced -18.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 633.2k $113.6m | Reduced -93.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 499.9k $89.6m | Added +36.8k |
| MORGAN STANLEY 0.01% of their portfolio | 484.8k $86.9m | Reduced -32.4k |
| Channing Capital Management, LLC 2.62% of their portfolio | 484.7k $86.9m | Reduced -72.3k |
| UBS Group AG 0.02% of their portfolio | 478.1k $85.7m | Reduced -38.3k |
| Copeland Capital Management, LLC 1.63% of their portfolio | 455.0k $81.5m | Reduced -81.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 391.5k $70.2m | Reduced -12.3k |
| Pacer Advisors, Inc. 0.16% of their portfolio | 374.9k $67.2m | Reduced -832.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 366.2k $65.6m | Reduced -36.7k |
| BROWN ADVISORY INC 0.09% of their portfolio | 352.2k $63.1m | Added +129.6k |
| New Vernon Capital Holdings II LLC 0.04% of their portfolio | 335.1k $1.9k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 308.0k $55.2m | Added +5.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 289.7k $51.9m | Added +249.0k |
| NORGES BANK 0.01% of their portfolio | 286.6k $51.4m | Added +5.2k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 249.3k $44.2m | Reduced -174.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 228.7k $41.0m | Reduced -79.4k |
| AMERICAN FINANCIAL GROUP INC 17.42% of their portfolio | 227.5k $40.8m | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.10% of their portfolio | 221.9k $39.8m | Added +92.2k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.40% of their portfolio | 214.7k $38.5m | Added +8.6k |
| Invesco Ltd. 0.01% of their portfolio | 209.1k $37.5m | Reduced -10.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 202.0k $36.2m | Added +55.2k |
| BRUNI J V & CO /CO 4.02% of their portfolio | 192.8k $34.5m | Reduced -1.8k |
| Man Group plc 0.10% of their portfolio | 187.4k $33.6m | Added +65.5k |
| Engine Capital Management, LP 6.29% of their portfolio | 185.2k $33.2m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 178.7k $32.0m | Reduced -10.2k |
| CAPITAL MANAGEMENT CORP /VA 4.90% of their portfolio | 157.9k $28.3m | Reduced -26.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 148.5k $26.6m | Added +12.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 143.5k $25.7m | Reduced -3.0k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 141.0k $25.3m | Reduced -64.5k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 139.9k $25.1m | Added +45.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 134.2k $24.1m | Reduced -284.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 132.8k $23.8m | Added +16.6k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 127.3k $22.8m | Added +2.0k |
| QVT Financial LP 2.08% of their portfolio | 121.6k $21.8m | Unchanged |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 116.4k $20.9m | Added +6.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 114.7k $20.6m | Added +69.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 103.1k $18.5m | Added +4.0k |
| Brandywine Global Investment Management, LLC 0.13% of their portfolio | 102.5k $18.4m | Added +7.2k |
| SG Americas Securities, LLC 0.06% of their portfolio | 98.1k $17.6m | New |
| Retirement Systems of Alabama 0.07% of their portfolio | 93.4k $16.7m | Added +57.9k |
| Penn Capital Management Company, LLC 1.62% of their portfolio | 92.4k $16.6m | Added +13.9k |
| J. Goldman & Co LP 0.52% of their portfolio | 82.4k $14.8m | New |
| GLENMEDE TRUST CO NA 0.08% of their portfolio | 80.9k $14.5m | Reduced -2.5k |
| Gotham Asset Management, LLC 0.12% of their portfolio | 80.0k $14.3m | Added +30.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 79.0k $14.2m | Added +294 |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 77.1k $13.8m | Reduced -494 |
| Squarepoint Ops LLC 0.03% of their portfolio | 75.7k $13.6m | New |
| Engineers Gate Manager LP 0.23% of their portfolio | 75.3k $13.5m | Added +65.0k |
| Phocas Financial Corp. 2.05% of their portfolio | 74.7k $13.4m | Added +25.8k |
| Nuveen, LLC 0.00% of their portfolio | 73.7k $13.2m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 72.7k $13.0m | Added +61.8k |
| Long Focus Capital Management, LLC 0.86% of their portfolio | 70.5k $12.6m | Reduced -59.0k |
| BARCLAYS PLC 0.01% of their portfolio | 70.2k $12.6m | Added +22.5k |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 69.7k $12.5m | Reduced -1.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 67.3k $12.1m | Reduced -38 |
| Verition Fund Management LLC 0.07% of their portfolio | 66.2k $11.9m | Added +19.5k |
| Empowered Funds, LLC 0.17% of their portfolio | 66.2k $11.9m | Added +40.6k |
| COMMERCE BANK 0.07% of their portfolio | 63.7k $11.4m | Reduced -22.4k |
| Kingsview Wealth Management, LLC 0.20% of their portfolio | 58.7k $10.5m | Added +2.8k |
| Trexquant Investment LP 0.12% of their portfolio | 58.1k $10.4m | Added +47.3k |
| Swiss National Bank 0.01% of their portfolio | 57.2k $10.2m | Reduced -3.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 55.3k $9.9m | Reduced -3.0k |
| HRT FINANCIAL LP 0.07% of their portfolio | 55.2k $9.9m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 54.9k $9.8m | Reduced -721 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 53.5k $9.6m | Added +337 |
| ASSETMARK, INC 0.03% of their portfolio | 52.8k $9.5m | Reduced -1.4k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 52.5k $9.4m | Added +910 |
| GABELLI FUNDS LLC 0.07% of their portfolio | 51.0k $9.1m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 49.9k $8.9m | Added +424 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 49.8k $8.9m | Reduced -340 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 47.7k $8.6m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 47.2k $8.5m | Added +3.0k |
| Fairbanks Capital Management, Inc. 5.36% of their portfolio | 46.6k $8.3m | Reduced -5.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 41.6k $7.5m | Added +1.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 41.5k $7.4m | Added +418 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 41.2k $7.4m | New |
| FOSTER & MOTLEY INC 0.46% of their portfolio | 41.1k $7.4m | Added +3.2k |
| Bridgewater Associates, LP 0.03% of their portfolio | 39.4k $7.1m | Added +26.7k |
| PINNACLE ASSOCIATES LTD 0.10% of their portfolio | 38.2k $6.8m | Reduced -752 |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 36.8k $6.6m | New |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 35.5k $6.4m | New |
| Parcion Private Wealth LLC 0.51% of their portfolio | 35.1k $6.3m | Added +2.8k |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 34.5k $6.2m | Added +624 |
| Keeley-Teton Advisors, LLC 0.74% of their portfolio | 34.2k $6.1m | Reduced -632 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 33.1k $5.9m | Reduced -1.1k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 32.3k $5.8m | Reduced -805 |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.03% of their portfolio | 31.7k $5.7m | Reduced -734 |
| Holocene Advisors, LP 0.02% of their portfolio | 30.8k $5.5m | Reduced -4.6k |
| Crawford Fund Management, LLC 3.62% of their portfolio | 30.6k $5.5m | Reduced -6.0k |