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 ($22.0m this quarter). Holder counts are more reliable. Shares outstanding: 30.3m as of 2025-08-07, 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 ≈ $172.95. Options: 11 managers hold calls ($16.0m notional), 11 hold puts ($43.9m).
Trends to Q2 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 |
| Q2 2025 | 462 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 234 | 237 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $38.9m | $33.0m | 0.85 |
| Q4 2024 | $29.3m | $14.7m | 0.50 |
| Q1 2025 | $66.8m | $33.3m | 0.50 |
| Q2 2025 | $16.0m | $43.9m | 2.73 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +567.4k |
| AQR CAPITAL MANAGEMENT LLC | Added | +294.3k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +232.3k |
| ALLIANCEBERNSTEIN L.P. | Added | +187.9k |
| CITADEL ADVISORS LLC | Added | +165.0k |
| UBS Group AG | Added | +161.5k |
| MARSHALL WACE, LLP | Added | +159.1k |
| FMR LLC | Added | +145.1k |
| Balyasny Asset Management L.P. | New | +101.3k |
Biggest sellers
| Demars Financial Group, LLC | Sold out | -879.3k |
| New Vernon Capital Holdings II LLC | Reduced | -333.3k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -195.5k |
| BlackRock, Inc. | Reduced | -151.8k |
| QVT Financial LP | Sold out | -121.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -114.7k |
| SG Americas Securities, LLC | Reduced | -93.8k |
| Squarepoint Ops LLC | Sold out | -75.7k |
| Pacer Advisors, Inc. | Reduced | -74.2k |
| Engineers Gate Manager LP | Reduced | -63.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.1m35.5k shares |
| PEAK6 LLC | Reduced | $2.7m15.4k shares |
| CITADEL ADVISORS LLC | Reduced | $2.5m14.2k shares |
| Walleye Trading LLC | Reduced | $1.8m10.4k shares |
| JANE STREET GROUP, LLC | Reduced | $1.1m6.1k shares |
| WOLVERINE TRADING, LLC | Added | $879.6k5.1k shares |
| Walleye Capital LLC | Added | $345.9k2.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $328.6k1.9k shares |
| GROUP ONE TRADING LLC | Reduced | $224.8k1.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $155.0k900 shares |
Biggest puts
| QVT Financial LP | New | $26.9m155.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.3m59.4k shares |
| CITADEL ADVISORS LLC | Reduced | $3.0m17.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.4m8.1k shares |
| Walleye Trading LLC | Reduced | $1.3m7.5k shares |
| Walleye Capital LLC | Added | $397.8k2.3k shares |
| JANE STREET GROUP, LLC | Reduced | $242.1k1.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $190.0k1.1k shares |
| PEAK6 LLC | Reduced | $138.4k800 shares |
| GROUP ONE TRADING LLC | New | $34.6k200 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 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2025 | 0 | — | 9 | $3.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-17 | ZIMMER DANA Officer | Sold | $146.9k889 shares |
| 2025-06-17 | COMPTON SEAN President, Networks | Sold | $140.5k850 shares |
| 2025-06-17 | ALFORD ANDREW President, Broadcasting | Sold | $125.1k757 shares |
| 2025-06-17 | Gliha Lee Ann EVP, Chief Financial Officer | Sold | $125.1k757 shares |
| 2025-06-17 | Jenkins Brett Officer | Sold | $100.8k610 shares |
| 2025-06-17 | WEITMAN GARY Officer | Sold | $84.3k510 shares |
| 2025-06-17 | Russell Blake EVP, Operations | Sold | $83.8k507 shares |
| 2025-06-17 | Morgan Rachel EVP General Counsel | Sold | $54.4k329 shares |
| 2025-06-04 | ZIMMER DANA Officer | Sold | $147.7k883 shares |
| 2025-06-04 | COMPTON SEAN President, Networks | Sold | $141.3k845 shares |
| 2025-06-04 | ALFORD ANDREW President, Broadcasting | Sold | $125.6k751 shares |
| 2025-06-04 | Gliha Lee Ann EVP, Chief Financial Officer | Sold | $88.0k526 shares |
| 2025-06-04 | Jenkins Brett Officer | Sold | $71.2k426 shares |
| 2025-06-04 | Russell Blake EVP, Operations | Sold | $54.5k326 shares |
| 2025-06-04 | WEITMAN GARY Officer | Sold | $54.4k325 shares |
| 2025-05-27 | Biard Michael President & COO | Sold | $378.8k2.2k shares |
| 2025-05-27 | Gliha Lee Ann EVP, Chief Financial Officer | Sold | $249.4k1.4k shares |
| 2025-05-27 | ZIMMER DANA Officer | Sold | $159.0k916 shares |
| 2025-05-27 | COMPTON SEAN President, Networks | Sold | $152.2k877 shares |
| 2025-05-27 | ALFORD ANDREW President, Broadcasting | Sold | $135.2k779 shares |
| 2025-05-27 | Jenkins Brett Officer | Sold | $78.3k451 shares |
| 2025-05-27 | WEITMAN GARY Officer | Sold | $63.0k363 shares |
| 2025-05-27 | Morgan Rachel EVP General Counsel | Sold | $63.0k363 shares |
| 2025-05-27 | Russell Blake EVP, Operations | Sold | $62.8k362 shares |
| 2025-05-20 | ZIMMER DANA Officer | Sold | $202.0k1.2k shares |
| 2025-05-20 | COMPTON SEAN President, Networks | Sold | $191.0k1.1k shares |
| 2025-05-20 | ALFORD ANDREW President, Broadcasting | Sold | $147.1k838 shares |
| 2025-05-20 | Jenkins Brett Officer | Sold | $92.7k528 shares |
| 2025-05-20 | Russell Blake EVP, Operations | Sold | $74.4k424 shares |
| 2025-05-20 | WEITMAN GARY Officer | Sold | $74.4k424 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 3.1m $537.3m | Reduced -151.8k |
| VANGUARD GROUP INC 0.01% of their portfolio | 3.1m $532.2m | Added +24.7k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 1.5m $263.9m | Added +1.4m |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.3m $233.3m | Added +7.0k |
| NEUBERGER BERMAN GROUP LLC 0.17% of their portfolio | 1.3m $222.0m | Reduced -195.5k |
| LSV ASSET MANAGEMENT 0.48% of their portfolio | 1.2m $206.5m | Reduced -28.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.1m $196.6m | Reduced -1.5k |
| STATE STREET CORP 0.01% of their portfolio | 909.3k $157.3m | Reduced -47.0k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 882.3k $152.6m | Added +187.9k |
| FMR LLC 0.01% of their portfolio | 871.8k $150.8m | Added +145.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.51% of their portfolio | 805.4k $139.3m | Added +1.3k |
| UBS Group AG 0.02% of their portfolio | 639.6k $110.6m | Added +161.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 606.9k $105.0m | Reduced -26.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 567.4k $98.1m | New |
| AQR CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 543.6k $93.8m | Added +294.3k |
| MORGAN STANLEY 0.01% of their portfolio | 489.7k $84.7m | Added +4.8k |
| Channing Capital Management, LLC 2.34% of their portfolio | 486.9k $84.2m | Added +2.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 483.0k $83.5m | Reduced -16.9k |
| Copeland Capital Management, LLC 1.48% of their portfolio | 417.0k $72.1m | Reduced -38.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 390.0k $67.4m | Reduced -1.5k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 360.7k $62.4m | Reduced -5.5k |
| BROWN ADVISORY INC 0.07% of their portfolio | 325.9k $56.4m | Reduced -26.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 313.9k $54.3m | Added +5.9k |
| Pacer Advisors, Inc. 0.13% of their portfolio | 300.6k $52.0m | Reduced -74.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 299.6k $51.8m | Added +232.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 290.4k $50.2m | Added +770 |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 281.4k $48.7m | Added +165.0k |
| NORGES BANK 0.01% of their portfolio | 268.6k $46.5m | Reduced -18.0k |
| Invesco Ltd. 0.01% of their portfolio | 234.9k $40.6m | Added +25.8k |
| AMERICAN FINANCIAL GROUP INC 14.76% of their portfolio | 227.5k $39.3m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 225.7k $39.0m | Added +23.7k |
| CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio | 209.8k $36.3m | Reduced -12.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 202.2k $35.0m | Reduced -26.5k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 195.2k $33.8m | Added +55.2k |
| BRUNI J V & CO /CO 3.51% of their portfolio | 192.7k $33.3m | Reduced -69 |
| Engine Capital Management, LP 6.85% of their portfolio | 187.5k $32.4m | Added +2.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 186.0k $32.2m | Added +7.4k |
| J. Goldman & Co LP 0.98% of their portfolio | 180.4k $31.2m | Added +98.0k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.27% of their portfolio | 163.7k $28.3m | Reduced -51.1k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 160.3k $27.7m | Added +159.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 159.4k $27.6m | Added +26.6k |
| CAPITAL MANAGEMENT CORP /VA 4.56% of their portfolio | 155.0k $26.8m | Reduced -2.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 145.4k $25.2m | Added +11.2k |
| Man Group plc 0.05% of their portfolio | 131.2k $22.7m | Reduced -56.2k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 124.7k $21.6m | Reduced -2.6k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 120.1k $20.8m | Reduced -20.9k |
| Brandywine Global Investment Management, LLC 0.14% of their portfolio | 115.8k $20.0m | Added +13.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 115.6k $20.0m | Reduced -27.9k |
| Gotham Asset Management, LLC 0.11% of their portfolio | 108.4k $18.7m | Added +28.4k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 101.3k $17.5m | New |
| Penn Capital Management Company, LLC 1.50% of their portfolio | 99.6k $17.3m | Added +7.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 97.8k $16.9m | Reduced -5.2k |
| Retirement Systems of Alabama 0.06% of their portfolio | 92.5k $16.0m | Reduced -853 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 88.7k $15.3m | Added +9.7k |
| GABELLI FUNDS LLC 0.11% of their portfolio | 86.6k $15.0m | Added +35.6k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 85.7k $14.8m | Added +32.1k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 82.1k $14.2m | Added +40.5k |
| Glenmede Investment Management, LP 0.07% of their portfolio | 78.2k $13.5m | First filing |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 77.3k $13.4m | Added +125 |
| GAMCO INVESTORS, INC. ET AL 0.13% of their portfolio | 74.7k $12.9m | Added +5.0k |
| Phocas Financial Corp. 1.86% of their portfolio | 74.7k $12.9m | Added +11 |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 73.0k $12.6m | Added +396 |
| Kingsview Wealth Management, LLC 0.21% of their portfolio | 70.6k $12.2m | Added +12.0k |
| Empowered Funds, LLC 0.13% of their portfolio | 68.8k $11.9m | Added +2.7k |
| Quantinno Capital Management LP 0.05% of their portfolio | 67.2k $11.6m | Added +47.7k |
| Long Focus Capital Management, LLC 0.68% of their portfolio | 60.5k $10.5m | Reduced -10.0k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 60.2k $10.4m | Added +45.1k |
| COMMERCE BANK 0.06% of their portfolio | 56.3k $9.7m | Reduced -7.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 55.5k $9.6m | Added +200 |
| Swiss National Bank 0.01% of their portfolio | 55.4k $9.6m | Reduced -1.8k |
| ASSETMARK, INC 0.02% of their portfolio | 54.3k $9.4m | Added +1.5k |
| Nuveen, LLC 0.00% of their portfolio | 54.3k $9.4m | Reduced -19.4k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 51.9k $9.0m | Reduced -521 |
| Legal & General Group Plc 0.00% of their portfolio | 51.3k $8.9m | Added +1.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 50.3k $8.7m | Reduced -4.5k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 47.3k $8.2m | Reduced -2.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 47.3k $8.2m | Added +37 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 45.6k $7.9m | Added +19.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 44.3k $7.7m | Added +3.1k |
| FOSTER & MOTLEY INC 0.44% of their portfolio | 44.2k $7.7m | Added +3.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 43.5k $7.5m | Added +1.9k |
| Crawford Fund Management, LLC 4.16% of their portfolio | 40.8k $7.1m | Added +10.2k |
| Fairbanks Capital Management, Inc. 3.90% of their portfolio | 39.6k $6.9m | Reduced -6.9k |
| PINNACLE ASSOCIATES LTD 0.10% of their portfolio | 38.4k $6.6m | Added +159 |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 37.3k $6.4m | Added +7.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 36.5k $6.3m | Added +20.5k |
| Parcion Private Wealth LLC 0.44% of their portfolio | 35.9k $6.2m | Added +879 |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 33.5k $5.8m | Reduced -1.0k |
| Greenland Capital Management LP 0.74% of their portfolio | 33.3k $5.8m | Added +23.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 32.2k $5.6m | Reduced -985 |
| HRT FINANCIAL LP 0.03% of their portfolio | 30.6k $5.3m | Reduced -24.6k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.09% of their portfolio | 29.8k $5.1m | Added +15.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 29.7k $5.1m | Reduced -18.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 29.2k $5.0m | Reduced -149 |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 28.7k $5.0m | Reduced -3.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 27.9k $4.8m | Added +14.5k |
| JOHN G ULLMAN & ASSOCIATES INC 0.71% of their portfolio | 27.6k $4.8m | Reduced -100 |
| Verition Fund Management LLC 0.03% of their portfolio | 27.6k $4.8m | Reduced -38.6k |
| LPL Financial LLC 0.00% of their portfolio | 27.6k $4.8m | Reduced -1.4k |
| Redwood Investment Management, LLC 0.48% of their portfolio | 26.3k $4.6m | Added +7.0k |