Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nexstar Media Group Inc (NXST)

501 + Investors. Track Smart Money conviction in NXST. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
3Q ▲
Buyers last Q
47%

Smart Money Signals — NXST

Based on 504 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NXST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
504 hedge funds hold NXST right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+27 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 47% buying

230 buying255 selling
Last quarter: 255 funds reduced or exited vs 230 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new NXST position: 59 → 84 → 66 → 76. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 21% medium ■ 18% new
310 out of 504 hedge funds have held NXST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -4%, value -19%

Value
-19%
Shares
-4%
Last quarter: funds added -4% more shares while total portfolio value only changed -19%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~76 new funds/quarter

86 → 59 → 84 → 66 → 76 new funds/Q
New funds entering each quarter: 59 → 84 → 66 → 76. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 25% newcomers

■ 66% veterans ■ 9% 1-2yr ■ 25% new
Entry-cohort mix of 515 holders: 341 (66%) are 2+ year veterans, 47 entered 1–2 years ago, and 127 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
54 of 503 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in NXST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NXST

In 2026 Q1, 230 hedge funds were net buyers of NXST (76 opened a new position, 154 added to an existing one), while 255 reduced or exited (191 trimmed, 64 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 46% of total institutional value in NXST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 504.

Hedge Fund Ownership: NXST

How many hedge funds hold NXST — quarterly history vs. share price
Quarterly hedge fund ownership of NXST vs. share price

Market Analysis: NXST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NXST

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Nexstar Media Group Inc (NXST) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NXST has moved relative to its sector benchmark (XLC) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 84d ago
NXST
-9.3%
XLC
-3.4%

NXST outperformed XLC by -5.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
NXST
-16.1%
XLC
-7.7%

Since the filing became public, NXST outperformed XLC by -8.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

36 top-rated funds 5 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: NXST
501 + Investors

Track Smart Money conviction in NXST. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 501 492 1.83%
13F Shares 29M 30M -4.3%
Total Value $4.89B $6.07B -19.47%
New Positions 74 66 +8
Increased Positions 153 148 +5
Closed Positions 65 57 +8
Reduced Positions 188 188 -
Total Calls 7 4 75.0%
Total Puts 5 4 25.0%
PUT/CALL Ratio 0.71 1.0 Neutral

Statistics: NXST

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Income Statement & Cash Flow
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

501 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NXST. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NXST holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 American Financial Group Inc 15.25% 227,482 $41.1M
2 Engine Capital Management, LP 4.35% 199,247 $36.0M
3 Fairbanks Capital Management, Inc. 4.27% 37,741 $6.8M
4 Hook Mill Capital Partners, LP 3.40% 213,349 $38.6M
5 Tabor Asset Management, LP 3.37% 46,360 $8.4M
6 Bruni J V & Co /Co 3.33% 176,332 $31.9M
7 Capital Management Corp /Va 3.18% 102,975 $18.6M
8 Momentum Wealth Planning, LLC 2.60% 16,179 $2.9M
9 Crawford Fund Management, LLC 2.15% 61,893 $11.2M
10 QVT Financial LP 2.06% 155,281 $28.1M
11 Channing Capital Management, LLC 2.02% 436,249 $78.9M
12 Dorsal Capital Management, LP 1.76% 250,000 $45.2M
13 Weaver C. Barksdale & Associates, Inc. 1.55% 9,001 $1.6M
14 Valley Wealth Managers, INC. 1.54% 132,038 $23.9M
15 Penn Capital Management Company, LLC 1.26% 90,017 $16.3M
16 Glassy Mountain Advisors, Inc. 1.14% 20,225 $3.7M
17 Hennessy Advisors Inc 1.13% 173,500 $31.4M
18 Kendall Capital Management 1.07% 28,994 $5.2M
19 Copeland Capital Management, LLC 0.86% 213,042 $38.5M
20 Phocas Financial Corp. 0.81% 28,358 $5.1M
21 CPC Advisors, LLC 0.78% 26,651 $4.8M
22 Hudson Portfolio Management LLC 0.77% 5,032 $910K
23 Prospect Capital Advisors, LLC 0.75% 7,500 $1.4M
24 Mork Capital Management, LLC 0.69% 5,360 $969K
25 Point Nemo Capital, LLC 0.59% 4,989 $902K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nexstar Media Group Inc (NXST)

What does the Smart Money Trend signal show for NXST?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NXST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NXST?

More sellers than buyers — 47% buying: Last quarter: 255 funds reduced or exited vs 230 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NXST holders?

Elite ownership — 46% AUM from top-100 funds: 54 of 503 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in NXST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NXST?

62% of holders stayed for 2+ years: 310 out of 504 hedge funds have held NXST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Nexstar Media Group Inc (NXST) following the 2026 Q1 hedge fund 13F filings?

As of today, NXST has moved -16.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to -7.7% for the XLC sector ETF — an outperformance of -8.4%. Since the quarter end (March 31, 2026), NXST has gained -9.3% vs -3.4% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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