Vault-13

NEXTNAV INC

*W EXP 99/99/999 · CUSIP 65345N114

19 institutional holders -1 vs Q1 2025
5,120,7265.1m shares reported held*
$35.2mreported value*
2 new 6 added 3 reduced 3 sold out net bought ≈ $543.5k (+85.6k shares)

* 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. Implied quarter-end price ≈ $6.87. Options: 1 managers hold calls ($769.9k notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 18Q4 22: 17Q1 23: 14Q2 23: 16Q3 23: 14Q4 23: 14Q1 24: 10Q2 24: 9Q3 24: 9Q4 24: 15Q1 25: 20Q2 25: 1919Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202218
Q4 202217
Q1 202314
Q2 202316
Q3 202314
Q4 202314
Q1 202410
Q2 20249
Q3 20249
Q4 202415
Q1 202520
Q2 202519

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 23: 5 bought or addedQ3 23: 7 cut or sold outQ4 23: 3 bought or addedQ4 23: 3 cut or sold outQ4 23Q1 24: 1 bought or addedQ1 24: 6 cut or sold outQ2 24: 4 bought or addedQ2 24: 3 cut or sold outQ2 24Q3 24: 4 bought or addedQ3 24: 3 cut or sold outQ4 24: 9 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 5 cut or sold outQ2 25: 8 bought or addedQ2 25: 6 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202357
Q4 202333
Q1 202416
Q2 202443
Q3 202443
Q4 202495
Q1 2025115
Q2 202586

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ3 24 calls: $351.6kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $696.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $533.5kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $769.9kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$351.6k$00.00
Q4 2024$696.0k$00.00
Q1 2025$533.5k$00.00
Q2 2025$769.9k$00.00

Biggest buyers

BOOTHBAY FUND MANAGEMENT, LLC Added +200,000+200.0k
GAMCO INVESTORS, INC. ET AL New +77,000+77.0k
ARISTEIA CAPITAL, L.L.C. Added +62,803+62.8k
Perigon Wealth Management, LLC Added +10,900+10.9k
KITCHING PARTNERS, LLC Added +10,000+10.0k
WOLVERINE ASSET MANAGEMENT LLC Added +9,929+9.9k
Spire Wealth Management New +2,000+2.0k
Whitaker-Myers Wealth Managers, LTD. Added +1,050+1.1k

Biggest sellers

BARCLAYS PLC Reduced -102,201-102.2k
CSS LLC/IL Reduced -91,843-91.8k
K2 PRINCIPAL FUND, L.P. Reduced -39,165-39.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -27,287-27.3k
Warberg Asset Management LLC Sold out -24,999-25.0k
UBS Group AG Sold out -2,600-2.6k

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $769.9k121.2k shares

Biggest puts

None

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.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 2,487,6452.5m $15.8m $15.8m 0.01% Reduced -102.2k -102,201
2 ARISTEIA CAPITAL, L.L.C. 0.18% of their portfolio GREENWICH, CT 998,847998.8k $6.3m $6.3m 0.18% Added +62.8k +62,803
3 CSS LLC/IL 0.13% of their portfolio CHICAGO, IL 313,956314.0k $2.0m $2.0m 0.13% Reduced -91.8k -91,843
4 BOOTHBAY FUND MANAGEMENT, LLC 0.14% of their portfolio NEW YORK, NY 300,000300.0k $4.6m $4.6m 0.14% Added +200.0k +200,000
5 LMR Partners LLP 0.02% of their portfolio LONDON, X0 216,367216.4k $1.4m $1.4m 0.02% Unchanged
6 Ancora Advisors LLC 0.02% of their portfolio Cleveland, OH 161,910161.9k $1.0m $1.0m 0.02% Unchanged
7 K2 PRINCIPAL FUND, L.P. 0.16% of their portfolio TORONTO, A6 133,725133.7k $849.2k $849.2k 0.16% Reduced -39.2k -39,165
8 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 77,00077.0k $488.9k $488.9k 0.00% New
9 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 76,03176.0k $482.8k $482.8k 0.00% Unchanged
10 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 70,37470.4k $446.9k $446.9k 0.00% Unchanged
11 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 58,65458.7k $372.5k $372.5k 0.01% Added +9.9k +9,929
12 KITCHING PARTNERS, LLC 0.37% of their portfolio CONSHOHOCKEN, PA 56,64956.6k $359.7k $359.7k 0.37% Added +10.0k +10,000
13 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 55,40055.4k $351.8k $351.8k 0.01% Added +10.9k +10,900
14 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 48,17448.2k $306.0k $306.0k 0.01% Unchanged
15 Whitefort Capital Management, LP 0.12% of their portfolio NEW YORK, NY 47,26447.3k $300.1k $300.1k 0.12% Unchanged
16 Whitaker-Myers Wealth Managers, LTD. 0.02% of their portfolio Mansfield, OH 11,23011.2k $71.3k $71.3k 0.02% Added +1.1k +1,050
17 ZAZOVE ASSOCIATES LLC 0.00% of their portfolio INCLINE VILLAGE, NV 5,5005.5k $34.9k $34.9k 0.00% Unchanged
18 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,0002.0k $12.7k $12.7k 0.00% New
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged