JPMorgan Chase Boosts Stake in Nexstar Media Group

Institutional investor increases ownership in media company by over 157%

Mar. 19, 2026 at 9:21am

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JPMorgan Chase & Co. has significantly increased its stake in Nexstar Media Group, Inc. (NASDAQ:NXST), adding 228,603 additional shares in the third quarter. This represents a 157.2% increase in JPMorgan Chase's position, bringing its total ownership to 374,027 shares or approximately 1.23% of the company.

Why it matters

Nexstar Media Group is a major player in the media industry, owning and operating over 200 television stations across the United States. JPMorgan Chase's increased investment signals confidence in the company's growth prospects and the broader media landscape.

The details

According to a 13F filing with the Securities and Exchange Commission, JPMorgan Chase & Co. lifted its position in Nexstar Media Group during the third quarter of the year. The institutional investor now owns 374,027 shares of the company's stock, up from 145,424 shares held previously.

  • JPMorgan Chase & Co. increased its stake in Nexstar Media Group in the third quarter of 2026.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

Nexstar Media Group, Inc.

A diversified media company that owns and operates television stations and digital platforms across the United States.

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The takeaway

JPMorgan Chase's substantial increase in its Nexstar Media Group holdings underscores the investment firm's confidence in the media company's long-term growth potential. This move reflects broader trends in the media industry as traditional broadcasters adapt to changing consumer habits and digital platforms.