NEXTNAV INC NN
COMMON STOCK · Common Stock · CUSIP 65345N106
Company based in California
- IndustrySearch, Detection, Navigation, Guidance, Aeronautical Sys
- HeadquartersReston, VA
- Founded2007
- Websitenextnav.com
- 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. Holder counts are more reliable. Shares outstanding: 126.3m as of 2024-08-02, 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 ≈ $8.11. Options: 10 managers hold calls ($15.9m notional), 7 hold puts ($5.0m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 67 |
| Q4 2022 | 60 |
| Q1 2023 | 64 |
| Q2 2023 | 65 |
| Q3 2023 | 72 |
| Q4 2023 | 91 |
| Q1 2024 | 93 |
| Q2 2024 | 115 |
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 | 31 | 23 |
| Q1 2023 | 30 | 30 |
| Q2 2023 | 25 | 31 |
| Q3 2023 | 34 | 28 |
| Q4 2023 | 63 | 13 |
| Q1 2024 | 53 | 37 |
| Q2 2024 | 83 | 26 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.8m | $276.5k | 0.10 |
| Q4 2023 | $7.1m | $353.6k | 0.05 |
| Q1 2024 | $22.5m | $3.8m | 0.17 |
| Q2 2024 | $15.9m | $5.0m | 0.31 |
Biggest buyers
| Ancora Advisors LLC | Added | +1.3m |
| BlackRock Inc. | Added | +1.3m |
| STATE STREET CORP | Added | +876.7k |
| GROUP ONE TRADING LLC | Added | +422.4k |
| CITADEL ADVISORS LLC | Added | +398.5k |
| TORNO CAPITAL, LLC | New | +335.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +334.0k |
| Wolf Hill Capital Management, LP | Added | +269.8k |
| Prentice Capital Management, LP | Added | +253.0k |
| Cinctive Capital Management LP | New | +253.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -520.3k |
| VANGUARD GROUP INC | Reduced | -298.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -294.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -121.0k |
| Caption Management, LLC | Reduced | -106.9k |
| WHITEBOX ADVISORS LLC | Reduced | -63.5k |
| PEAK6 Investments LLC | Sold out | -42.1k |
| WOLVERINE TRADING, LLC | Reduced | -38.6k |
| Kolinsky Wealth Management, LLC | Sold out | -38.2k |
| CSS LLC/IL | Sold out | -34.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m829.8k shares |
| GROUP ONE TRADING LLC | Reduced | $4.2m516.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.4m178.4k shares |
| Squarepoint Ops LLC | Added | $1.3m154.6k shares |
| Caption Management, LLC | Reduced | $912.4k112.5k shares |
| JANE STREET GROUP, LLC | Added | $748.6k92.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $412.0k50.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $215.7k26.6k shares |
| Obermeyer Wealth Partners | New | $33.1k27.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| WOLVERINE TRADING, LLC | Added | $1.2m148.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m143.2k shares |
| Caption Management, LLC | Added | $1.1m137.5k shares |
| CITADEL ADVISORS LLC | Added | $1.0m124.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $274.0k33.8k shares |
| GROUP ONE TRADING LLC | Reduced | $246.5k30.4k 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 |
|---|---|
| FIG Buyer GP, LLC 13G · passive investor -2.5 pts · filed 2026-08-14 | 12.8% |
| OSI Capital Management LLC 13G · passive investor filed 2026-02-17 | 9.8% |
| SAMBERG JOSEPH D 13G · passive investor -2.3 pts · filed 2026-08-13 | 7.8% |
| PointState Capital LP 13G · passive investor new · filed 2026-05-21 | 5.7% |
| CAPITAL VENTURES INTERNATIONAL 13G · passive investor -1.7 pts · filed 2026-08-14 | 5.4% |
| BlackRock, Inc. 13G · institution new · filed 2025-10-17 | 5.1% |
Fell to 5% or below in the last year: Wolf Hill Capital Management, LP (2.1%, 2026-08-13), SUBIN NEIL S (3.9%, 2026-05-22), 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 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $3.5k | — |
| Q1 2023 | 0 | — | 4 | $101.2k | — |
| Q2 2023 | 0 | — | 6 | $454.4k | $171.1k |
| Q3 2023 | 0 | — | 6 | $346.9k | $6.5k |
| Q4 2023 | 0 | — | 5 | $692.2k | $690.1k |
| Q1 2024 | 1 | $688.0k | 5 | $433.2k | $152.5k |
| Q2 2024 | 1 | $1.1m | 3 | $597.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-24 | SAMBERG JOSEPH D 10% owner · By The Joseph D. Samberg Revocable Trust | Bought | $584.1k74.6k shares |
| 2024-06-24 | SAMBERG JOSEPH D 10% owner · By JDS TMT, LP | Bought | $51.7k6.6k shares |
| 2024-06-21 | SAMBERG JOSEPH D 10% owner · By The Joseph D. Samberg Revocable Trust | Bought | $327.6k44.1k shares |
| 2024-06-21 | SAMBERG JOSEPH D 10% owner · By JDS TMT, LP | Bought | $39.3k5.3k shares |
| 2024-06-21 | SAMBERG JOSEPH D 10% owner · By NHW Ventures LLC | Bought | $26.3k3.5k shares |
| 2024-06-20 | SAMBERG JOSEPH D 10% owner · By NHW Ventures LLC | Bought | $594.6k81.5k shares |
| 2024-06-20 | SAMBERG JOSEPH D 10% owner · By The Joseph D. Samberg Revocable Trust | Bought | $594.6k81.5k shares |
| 2024-06-20 | SAMBERG JOSEPH D 10% owner · By JDS TMT, LP | Bought | $132.1k18.1k shares |
| 2024-06-18 | Shams Sammaad Chief Accounting Officer | Sold | $851115 shares |
| 2024-06-17 | Gates Christian D. Chief Financial Officer | Sold | $29.4k4.0k shares |
| 2024-06-17 | Raghupathy Arun Senior Vice President | Sold | $25.4k3.5k shares |
| 2024-06-17 | Shams Sammaad Chief Accounting Officer | Sold | $4.5k619 shares |
| 2024-05-21 | Raghupathy Arun Senior Vice President | Sold | $267.4k34.5k shares |
| 2024-05-15 | SUBIN NEIL S Director · By MILFAM Investments LLC | Bought | $381.0k50.0k shares |
| 2024-05-14 | SUBIN NEIL S Director · By MILFAM Investments LLC | Bought | $328.8k42.8k shares |
| 2024-05-14 | Gates Christian D. Chief Financial Officer | Sold | $190.2k24.8k shares |
| 2024-05-14 | Shams Sammaad Chief Accounting Officer | Sold | $51.3k6.6k shares |
| 2024-05-13 | SUBIN NEIL S Director · By MILFAM Investments LLC | Bought | $430.4k57.2k shares |
| 2024-05-13 | Shams Sammaad Chief Accounting Officer | Sold | $28.8k3.8k 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 |
|---|---|---|
| Fortress Investment Group LLC 24.66% of their portfolio | 14.2m $115.0m | Unchanged |
| NEA Management Company, LLC 5.00% of their portfolio | 8.2m $66.4m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 4.7m $38.4m | Added +1.3m |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.9m $23.8m | Reduced -298.6k |
| PLUSTICK MANAGEMENT LLC 17.04% of their portfolio | 2.3m $18.9m | Added +130.0k |
| Wolf Hill Capital Management, LP 1.73% of their portfolio | 2.1m $17.2m | Added +269.8k |
| STATE STREET CORP 0.00% of their portfolio | 2.0m $16.1m | Added +876.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 1.9m $15.3m | Reduced -121.0k |
| GENERAL AMERICAN INVESTORS CO INC 0.96% of their portfolio | 1.7m $13.5m | Added +664 |
| Ancora Advisors LLC 0.32% of their portfolio | 1.6m $13.1m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $12.4m | Added +334.0k |
| Whitefort Capital Management, LP 7.50% of their portfolio | 1.5m $12.2m | Added +213.8k |
| GROUP ONE TRADING LLC 0.21% of their portfolio | 822.5k $6.7m | Added +422.4k |
| Empyrean Capital Partners, LP 0.33% of their portfolio | 660.8k $5.4m | Added +238.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 564.4k $4.6m | Added +398.5k |
| AMERICAN FINANCIAL GROUP INC 1.74% of their portfolio | 500.0k $4.1m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 493.8k $4.0m | Added +23.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 489.0k $4.0m | Added +122.2k |
| Prentice Capital Management, LP 9.09% of their portfolio | 476.6k $3.9m | Added +253.0k |
| ROYCE & ASSOCIATES LP 0.03% of their portfolio | 405.9k $3.3m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 376.2k $3.1m | Reduced -520.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 361.8k $2.9m | Added +146.8k |
| TORNO CAPITAL, LLC 0.14% of their portfolio | 335.0k $2.7m | New |
| INGALLS & SNYDER LLC 0.10% of their portfolio | 296.9k $2.4m | Added +121.0k |
| Cinctive Capital Management LP 0.11% of their portfolio | 253.0k $2.1m | New |
| SIMPLEX TRADING, LLC 0.06% of their portfolio | 236.0k $1.9m | Added +118.4k |
| BARCLAYS PLC 0.00% of their portfolio | 225.9k $1.8m | Added +130.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 217.1k $1.8m | Added +70.3k |
| DigitalBridge Group, Inc. 0.15% of their portfolio | 214.7k $1.7m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 209.9k $1.7m | Added +133.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 193.7k $1.6m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 157.5k $1.3m | Added +49.7k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 156.0k $1.3m | Added +1.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 138.2k $1.1m | New |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.17% of their portfolio | 127.3k $1.0m | Reduced -17.9k |
| BOSTON FAMILY OFFICE LLC 0.07% of their portfolio | 125.0k $1.0m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 111.2k $902.2k | Added +80.3k |
| Gratus Capital, LLC 0.03% of their portfolio | 100.0k $811.0k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 97.6k $791.5k | Reduced -17.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 95.5k $774.8k | Added +20.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 85.8k $695.4k | Added +32.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 76.1k $617.2k | Added +42.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 72.7k $589.6k | Added +41.7k |
| WHITEBOX ADVISORS LLC 0.02% of their portfolio | 72.0k $583.9k | Reduced -63.5k |
| Swiss National Bank 0.00% of their portfolio | 66.5k $539.3k | Reduced -8.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 63.9k $518.6k | Added +20.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 60.8k $493.0k | Reduced -294.3k |
| Main Street Financial Solutions, LLC 0.05% of their portfolio | 60.2k $488.6k | Added +30.5k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 50.0k $405.5k | Unchanged |
| DELTEC ASSET MANAGEMENT LLC 0.08% of their portfolio | 50.0k $405.5k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 49.8k $403.6k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 48.5k $393.1k | Added +37.3k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 44.2k $358.4k | Added +23.3k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 43.7k $354.6k | Added +8.6k |
| Verition Fund Management LLC 0.00% of their portfolio | 43.6k $353.6k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 42.1k $341.2k | New |
| CAXTON ASSOCIATES LP 0.01% of their portfolio | 40.8k $330.8k | New |
| Legal & General Group Plc 0.00% of their portfolio | 40.4k $327.5k | Added +15.0k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 40.4k $327.3k | First filing |
| KITCHING PARTNERS, LLC 0.59% of their portfolio | 40.2k $326.0k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 35.9k $291.4k | Reduced -4.3k |
| Perigon Wealth Management, LLC 0.01% of their portfolio | 35.0k $283.9k | Unchanged |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 33.9k $275.0k | New |
| Caption Management, LLC 0.03% of their portfolio | 33.3k $270.1k | Reduced -106.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 33.1k $268.6k | Added +13.3k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 31.4k $254.3k | Reduced -38.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 29.9k $242.1k | Added +8.5k |
| UBS Group AG 0.00% of their portfolio | 28.8k $233.2k | Reduced -33.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 27.7k $224.3k | First filing |
| Invesco Ltd. 0.00% of their portfolio | 27.4k $222.2k | Added +2.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 27.3k $221.4k | Reduced -1.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 26.3k $213.3k | Added +7.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 25.5k $206.5k | Added +7.5k |
| Aristides Capital LLC 0.04% of their portfolio | 25.3k $205.3k | New |
| Mariner, LLC 0.00% of their portfolio | 24.1k $195.2k | Added +3.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 23.9k $194.0k | Added +6.9k |
| CIBC Asset Management Inc 0.00% of their portfolio | 19.7k $159.4k | Added +3.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 19.5k $157.9k | Added +32 |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 19.5k $158.0k | Reduced -7.7k |
| Alpine Global Management, LLC 0.03% of their portfolio | 19.5k $157.8k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 18.0k $145.5k | New |
| Cruiser Capital Advisors, LLC 0.20% of their portfolio | 17.7k $143.8k | Added +237 |
| CITIGROUP INC 0.00% of their portfolio | 17.6k $143.1k | Added +7.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 15.7k $127.2k | New |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 14.8k $120.1k | Added +20 |
| Amundi 0.00% of their portfolio | 14.6k $117.4k | New |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 14.3k $116.0k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 12.8k $103.5k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 12.2k $98.9k | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 12.1k $98.2k | Added +9.2k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 11.6k $94.0k | New |
| Aigen Investment Management, LP 0.02% of their portfolio | 11.4k $92.7k | New |
| Spire Wealth Management 0.00% of their portfolio | 11.0k $89.2k | Unchanged |
| AlphaQuest LLC 0.01% of their portfolio | 10.9k $88.0k | New |
| Simplicity Wealth,LLC 0.00% of their portfolio | 10.5k $85.5k | Added +146 |
| Bleakley Financial Group, LLC 0.00% of their portfolio | 10.5k $85.5k | Added +146 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 10.1k $82.2k | New |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 10.0k $81.1k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 7.5k $60.0k | Reduced -5.2k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 7.3k $59.6k | Added +1.9k |