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 ($28.1m this quarter). Holder counts are more reliable. Shares outstanding: 30.3m as of 2025-11-06, 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 ≈ $202.40. Options: 5 managers hold calls ($5.7m notional), 5 hold puts ($6.6m).
Trends to Q4 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 |
| Q3 2025 | 495 |
| Q4 2025 | 499 |
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 2024 | 182 | 222 |
| Q2 2024 | 200 | 220 |
| Q3 2024 | 195 | 236 |
| Q4 2024 | 194 | 234 |
| Q1 2025 | 250 | 210 |
| Q2 2025 | 234 | 237 |
| Q3 2025 | 249 | 209 |
| Q4 2025 | 193 | 245 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $66.8m | $33.3m | 0.50 |
| Q2 2025 | $16.0m | $43.9m | 2.73 |
| Q3 2025 | $10.1m | $63.3m | 6.24 |
| Q4 2025 | $5.7m | $6.6m | 1.15 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +860.9k |
| Point72 Asset Management, L.P. | Added | +237.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +163.0k |
| QVT Financial LP | New | +155.3k |
| CITADEL ADVISORS LLC | Added | +143.1k |
| Walleye Capital LLC | New | +116.5k |
| Corient Private Wealth LP | Added | +114.8k |
| Schonfeld Strategic Advisors LLC | Added | +97.9k |
| BlackRock, Inc. | Added | +83.6k |
| Allianz Asset Management GmbH | Added | +79.4k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -812.7k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -287.4k |
| Pacer Advisors, Inc. | Reduced | -239.4k |
| JPMORGAN CHASE & CO | Reduced | -217.1k |
| J. Goldman & Co LP | Sold out | -143.0k |
| VANGUARD GROUP INC | Reduced | -140.2k |
| MARSHALL WACE, LLP | Sold out | -100.5k |
| LSV ASSET MANAGEMENT | Reduced | -80.6k |
| DME Capital Management, LP | Sold out | -73.9k |
| UBS Group AG | Reduced | -73.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m10.7k shares |
| CITADEL ADVISORS LLC | Reduced | $1.7m8.5k shares |
| JANE STREET GROUP, LLC | Added | $1.6m8.1k shares |
| Walleye Trading LLC | New | $142.1k700 shares |
| SIMPLEX TRADING, LLC | Unchanged | $20.3k100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.1m15.1k shares |
| CITADEL ADVISORS LLC | Reduced | $1.8m8.7k shares |
| JANE STREET GROUP, LLC | Unchanged | $1.1m5.6k shares |
| Walleye Trading LLC | Reduced | $548.2k2.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $40.6k200 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 3.2m $646.2m | Added +83.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 2.9m $594.0m | Reduced -140.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.60% of their portfolio | 1.7m $350.5m | Added +860.9k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.4m $284.7m | Added +10.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.2m $239.9m | Added +23.4k |
| LSV ASSET MANAGEMENT 0.48% of their portfolio | 1.1m $218.7m | Reduced -80.6k |
| NEUBERGER BERMAN GROUP LLC 0.16% of their portfolio | 1.0m $209.8m | Reduced -50.6k |
| STATE STREET CORP 0.01% of their portfolio | 878.7k $178.4m | Reduced -14.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 773.4k $157.1m | Added +13.1k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 632.4k $128.4m | Added +40.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 630.1k $127.9m | Reduced -12.5k |
| FMR LLC 0.01% of their portfolio | 611.0k $124.1m | Reduced -19.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 531.0k $107.8m | Reduced -217.1k |
| MORGAN STANLEY 0.01% of their portfolio | 524.5k $106.5m | Added +57.6k |
| UBS Group AG 0.02% of their portfolio | 489.1k $99.3m | Reduced -73.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 481.1k $97.7m | Reduced -7.2k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 480.9k $97.7m | Reduced -56.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 472.4k $95.9m | Reduced -3.8k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 386.2k $78.4m | Reduced -287.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 384.2k $78.0m | Reduced -21.8k |
| Copeland Capital Management, LLC 1.71% of their portfolio | 376.6k $76.5m | Reduced -20.2k |
| Channing Capital Management, LLC 1.94% of their portfolio | 371.9k $75.5m | Added +15.2k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 358.8k $72.8m | Added +79.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 357.0k $72.5m | Reduced -2.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 348.2k $70.7m | Reduced -31.1k |
| Dorsal Capital Management, LP 2.32% of their portfolio | 325.0k $66.0m | Reduced -50.0k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 319.4k $64.8m | Added +163.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 276.9k $56.2m | Reduced -19.3k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 260.2k $52.8m | Added +237.2k |
| AMERICAN FINANCIAL GROUP INC 16.75% of their portfolio | 227.5k $46.2m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 227.1k $46.1m | Added +26.6k |
| NORGES BANK 0.00% of their portfolio | 204.3k $41.5m | Not comparable |
| CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio | 203.6k $41.3m | Reduced -4.8k |
| Invesco Ltd. 0.00% of their portfolio | 202.4k $41.1m | Reduced -9.6k |
| Engine Capital Management, LP 5.59% of their portfolio | 199.2k $40.5m | Unchanged |
| BROWN ADVISORY INC 0.06% of their portfolio | 196.1k $39.8m | Reduced -9.6k |
| HENNESSY ADVISORS INC 1.38% of their portfolio | 191.7k $38.9m | Reduced -10.7k |
| Pacer Advisors, Inc. 0.10% of their portfolio | 191.5k $38.9m | Reduced -239.4k |
| BRUNI J V & CO /CO 3.62% of their portfolio | 181.6k $36.9m | Reduced -9.6k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.30% of their portfolio | 173.1k $35.1m | Added +7.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 165.6k $33.6m | Added +8.1k |
| QVT Financial LP 2.99% of their portfolio | 155.3k $31.5m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 148.1k $30.1m | Reduced -34.3k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 147.2k $29.9m | Added +143.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 143.7k $29.2m | Added +25.0k |
| Gotham Asset Management, LLC 0.10% of their portfolio | 141.2k $28.7m | Added +15.7k |
| VALLEY WEALTH MANAGERS, INC. 1.72% of their portfolio | 132.4k $26.9m | Added +24.2k |
| CAPITAL MANAGEMENT CORP /VA 4.25% of their portfolio | 127.7k $25.9m | Reduced -29.8k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 122.8k $24.9m | Reduced -119 |
| Corient Private Wealth LP 0.00% of their portfolio | 121.6k $4.1m | Added +114.8k |
| Walleye Capital LLC 0.14% of their portfolio | 116.5k $23.7m | New |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 110.0k $22.3m | Reduced -8.8k |
| Brandywine Global Investment Management, LLC 0.15% of their portfolio | 107.1k $21.7m | Reduced -688 |
| LORD, ABBETT & CO. LLC 0.07% of their portfolio | 105.6k $21.4m | Added +34.1k |
| Penn Capital Management Company, LLC 1.68% of their portfolio | 103.7k $21.1m | Added +3.6k |
| Schonfeld Strategic Advisors LLC 0.11% of their portfolio | 103.0k $20.9m | Added +97.9k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 99.9k $20.3m | Added +12.6k |
| Quantinno Capital Management LP 0.04% of their portfolio | 99.7k $20.3m | Added +5.2k |
| Retirement Systems of Alabama 0.06% of their portfolio | 92.1k $18.7m | Reduced -242 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 91.8k $18.6m | Reduced -10.8k |
| Crawford Fund Management, LLC 5.90% of their portfolio | 90.6k $18.4m | Added +33.2k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 89.9k $18.3m | Reduced -2.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 84.9k $17.2m | Reduced -8.4k |
| GABELLI FUNDS LLC 0.12% of their portfolio | 83.9k $17.0m | Reduced -2.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 80.0k $16.2m | Reduced -5.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 77.9k $15.8m | Reduced -812.7k |
| Phocas Financial Corp. 2.01% of their portfolio | 76.2k $15.5m | Reduced -181 |
| HANCOCK WHITNEY CORP 0.27% of their portfolio | 74.8k $15.2m | Added +70.7k |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 72.5k $14.7m | Reduced -1.5k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 67.9k $13.8m | First filing |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio | 65.5k $13.3m | Added +19.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 57.7k $11.7m | Added +9.8k |
| Swiss National Bank 0.01% of their portfolio | 56.9k $11.5m | Added +1.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 55.1k $11.2m | Reduced -1.8k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 53.9k $10.9m | Added +715 |
| Nuveen, LLC 0.00% of their portfolio | 53.7k $10.9m | Reduced -150 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.02% of their portfolio | 52.1k $10.6m | First filing |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 48.4k $9.8m | Reduced -1.2k |
| FOSTER & MOTLEY INC 0.51% of their portfolio | 46.9k $9.5m | Added +2.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 46.7k $9.5m | Added +1.8k |
| ALPS ADVISORS INC 0.05% of their portfolio | 46.4k $9.4m | Reduced -3.1k |
| Legal & General Group Plc 0.00% of their portfolio | 45.5k $9.2m | Reduced -2.9k |
| Kingsview Wealth Management, LLC 0.13% of their portfolio | 45.0k $9.1m | Reduced -5.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 44.2k $9.0m | Reduced -4.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 44.0k $8.9m | Added +29.9k |
| ASSETMARK, INC 0.02% of their portfolio | 43.2k $8.8m | Reduced -8.8k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.04% of their portfolio | 39.9k $8.1m | Reduced -8.7k |
| PINNACLE ASSOCIATES LTD 0.10% of their portfolio | 38.8k $7.9m | Added +121 |
| Fairbanks Capital Management, Inc. 4.26% of their portfolio | 38.0k $7.7m | Reduced -1.8k |
| Parcion Private Wealth LLC 0.43% of their portfolio | 35.0k $7.1m | Reduced -442 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 32.8k $6.7m | Added +5.0k |
| COMMERCE BANK 0.03% of their portfolio | 30.6k $6.2m | Reduced -7.3k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 29.5k $6.0m | Added +775 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 29.1k $5.9m | Reduced -25 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 28.9k $5.9m | Added +5.7k |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 28.7k $5.8m | Added +145 |
| GUGGENHEIM CAPITAL LLC 0.04% of their portfolio | 28.6k $5.8m | Reduced -800 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 28.5k $5.8m | Reduced -13.4k |
| Kendall Capital Management 1.21% of their portfolio | 28.4k $5.8m | Added +4.8k |
| LPL Financial LLC 0.00% of their portfolio | 28.2k $5.7m | Added +3.7k |