NextNav Inc. (NN) shareholders
NNNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 31Also trades as NXNVW
$8.73+0.02 (+0.23%)
Close on Nov 13, 2026Market cap $1.47BP/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
102M
Shares held, 13F filers
Institutional holders
228
56 new, 16 sold out
Net institutional buying
15M
In Q2 2026
Insider trades, 12 months
1 buys · 33 sales
Net sold $5.35M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Finco I LLC Joint filing with FIG Buyer GP LLC (12.80%), FINCO I Intermediate Holdco LLC (12.80%) and 13 more | 22,067,792 | 12.80% | 13G (passive) amendment | Jun 30, 2026 |
| Foundation Holdco LP Joint filing with FIG Buyer GP LLC (15.30%), FINCO I Intermediate Holdo LLC (15.30%) and 13 more | 22,058,944 | 15.30% | 13G (passive) amendment | Mar 31, 2026 |
| Hybrid GP Holdings LLC Joint filing with FIG Buyer GP LLC (14.60%), Finco I LLC (14.60%) and 13 more | 20,108,944 | 14.60% | 13G (passive) amendment | Mar 31, 2025 |
| Roderick M. Forrest Joint filing with OSI Capital Management LLC (9.80%), Black Feathers, L.P. (9.80%) and 2 more | 13,260,166 | 9.80% | 13G (passive) amendment | Dec 31, 2025 |
| Joseph D. Samberg Joint filing with The Joseph D. Samberg Revocable Trust (6.22%) | 13,110,000 | 7.77% | 13G (passive) amendment | Jun 30, 2026 |
| Susquehanna Advisors Group, Inc. Joint filing with Capital Ventures International (7.10%), G1 Execution Services, LLC (7.10%) and 1 more | 9,602,582 | 7.10% | 13G (passive) amendment | Sep 30, 2025 |
| G1 Execution Services, LLC Joint filing with Capital Ventures International (5.40%), Susquehanna Advisors Group, Inc. (5.40%) and 3 more | 9,040,184 | 5.40% | 13G (passive) amendment | Jun 30, 2026 |
| Charles Frischer I.R.S. I.D. No | 8,725,583 | 7.80% | 13D (active) amendment | Apr 12, 2024 |
| Wolf Hill Capital Management, LP Joint filing with Gary Lehrman (6.00%), Wolf Hill General Partner, LLC (5.30%) | 8,113,691 | 6.00% | 13G (passive) | Mar 31, 2026 |
| Susquehanna Securities, LLC Joint filing with Capital Ventures International (6.00%), Susquehanna Advisors Group, Inc. (6.00%) and 1 more | 8,015,767 | 6.00% | 13G (passive) amendment | Jun 30, 2025 |
| Zachary J. Schreiber Joint filing with PointState Capital LP (5.70%), SteelMill Master Fund LP (5.70%) and 2 more | 7,733,983 | 5.70% | 13G (passive) | May 15, 2026 |
| BlackRock, Inc. | 6,802,225 | 5.10% | 13G (passive) | Sep 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Fortress Investment Group LLC | 18,167,792 | – | $323.93M | +3,989,738 | 61.04% |
| Clutterbuck Capital Management LLC | 8,964,292 | – | $159.83M | −336,514 | 90.61% |
| BlackRock, Inc. | 8,345,940 | – | $148.81M | +868,345 | 0.00% |
| Susquehanna Advisors Group, Inc. | 5,550,124 | – | $98.96M | – | 1.72% |
| Vanguard Capital Management LLC | 3,934,461 | – | $70.15M | +31,802 | 0.00% |
| Milfam LLC | 3,267,920 | – | $58.27M | +752,707 | 45.45% |
| PointState Capital LP | 3,114,953 | – | $55.54M | New | 0.71% |
| Wolf Hill Capital Management, LP | 2,738,547 | – | $48.83M | −4,301,644 | 4.08% |
| Van Eck Associates Corp | 2,730,772 | – | $48.69M | +804,865 | 0.03% |
| Vanguard Portfolio Management LLC | 2,570,992 | – | $45.84M | +218,616 | 0.00% |
| Geode Capital Management, LLC | 2,554,434 | – | $45.55M | +212,064 | 0.00% |
| State Street Corp | 2,343,255 | – | $41.78M | +108,338 | 0.00% |
| Citadel Advisors LLC | 2,188,090 | – | $39.01M | +1,679,569 | 0.00% |
| T. Rowe Price Investment Management, Inc. | 1,894,769 | – | $33.78M | New | 0.02% |
| Millennium Management LLC | 1,873,548 | – | $33.41M | +535,377 | 0.01% |
| Whitefort Capital Management, LP | 1,596,116 | – | $28.46M | +1,535,461 | 7.01% |
| UBS Group AG | 1,336,198 | – | $23.82M | −1,286,400 | 0.00% |
| Plustick Management LLC | 1,250,000 | – | $22.29M | −458,000 | 8.29% |
| Jane Street Group, LLC | 1,215,747 | – | $21.68M | +140,205 | 0.00% |
| Ancora Advisors, LLC | 1,083,439 | – | $19.32M | −1,086,736 | 0.37% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 228 | 102M | 56 / 96 | 50 / 16 | 26M | 11M |
| Q1 2026 | 192 | 88M | 36 / 82 | 40 / 27 | 20M | 7M |
| Q4 2025 | 186 | 81M | 33 / 75 | 49 / 19 | 13M | 4M |
| Q3 2025 | 174 | 72M | 14 / 74 | 49 / 19 | 6M | 7M |
| Q2 2025 | 180 | 74M | 29 / 83 | 36 / 21 | 8M | 6M |
| Q1 2025 | 173 | 72M | 39 / 85 | 25 / 16 | 12M | 10M |
| Q4 2024 | 154 | 70M | 44 / 60 | 29 / 15 | 17M | 8M |
| Q3 2024 | 126 | 61M | 29 / 47 | 22 / 15 | 13M | 1M |
| Q2 2024 | 114 | 55M | 33 / 52 | 16 / 10 | 9M | 2M |
| Q1 2024 | 92 | 48M | 18 / 35 | 22 / 15 | 6M | 3M |
| Q4 2023 | 90 | 45M | 24 / 40 | 8 / 5 | 5M | 1M |
| Q3 2023 | 71 | 40M | 14 / 20 | 21 / 7 | 3M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
139 funds held NN in Q2 2026, 68% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of NN | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2,806,454 | – | $50.04M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,629,144 | – | $46.88M | 0.06% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 1,830,882 | – | $37.75M | 0.02% | May 31, 2026 |
| Fidelity Small Cap Index Fund | 1,109,095 | – | $14.54M | 0.04% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 1,037,646 | – | $18.50M | 0.02% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 936,926 | – | $16.71M | 0.11% | Jun 30, 2026 |
| Tema Space Innovators ETF | 888,445 | – | $18.32M | 0.70% | May 31, 2026 |
| T. Rowe Price Small-Cap Stock Fund, Inc. | 575,443 | – | $10.26M | 0.11% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 487,189 | – | $10.05M | 0.06% | May 31, 2026 |
| iShares Expanded Tech-Software Sector ETF | 460,986 | – | $8.22M | 0.06% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 460,602 | – | $9.50M | 0.02% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 428,732 | – | $8.84M | 0.04% | May 31, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 354,243 | – | $6.32M | 0.06% | Jun 30, 2026 |
| T. Rowe Price Institutional Small-Cap Stock Fund | 303,638 | – | $5.41M | 0.11% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 246,141 | – | $3.23M | 0.04% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Mariam Sorond | CEO, President and Director | 1,168,961 | Sep 17, 2026 |
| Timothy Gray | Chief Financial Officer | 120,687 | Sep 25, 2026 |
| Susan Brasse Insley | Chief Operating Officer | 163,835 | Sep 25, 2026 |
| Sammaad Shams | Chief Accounting Officer | 68,938 | Sep 21, 2026 |
| James S. Black | General Counsel | 89,810 | Sep 16, 2026 |
| Christian D. Gates | Chief Financial Officer | 828,059 | Sep 17, 2025 |
| Arun Raghupathy | Senior Vice President | 1,087,019 | Dec 18, 2024 |
| Robert Lantz | General Counsel | 88,065 | Nov 19, 2024 |
| Neil S. Subin | Director | 3,436,812 | Jun 24, 2026 |
| Lorin Selby | Director | 20,704 | May 26, 2026 |
| Alan B. Howe | Director | 336,661 | May 26, 2026 |
| Bandel L. Carano | Director | 188,568 | May 26, 2026 |
| Lisa Hook | Director | 12,095 | May 26, 2026 |
| Nicola Palmer | Director | 38,327 | May 26, 2026 |
| Hugh Wyman Howard III | Director | 20,704 | May 26, 2026 |
| John B. Muleta | Director | 66,830 | May 26, 2026 |
| Jonathan Anthony Marcus | Director | 38,444 | May 26, 2026 |
| Operating Entity I. LP Fortress | 10% owner | – | Jun 22, 2026 |
| GP Holdings LLC Hybrid | 10% owner | – | Jun 22, 2026 |
| I. Intermediate Holdco LLC FINCO | 10% owner | 11,678,054 | Jun 22, 2026 |
| Blue LLC FIG | 10% owner | – | Jun 22, 2026 |
| FIG Buyer GP, LLC | 10% owner | – | Jun 22, 2026 |
| Nnav-E Llc Cf | 10% owner | 11,678,054 | Jun 22, 2026 |
| GP Holdings (Cayman) LLC Hybrid | 10% owner | – | Jun 22, 2026 |
| Credit Opportunities V. Advisors LLC Fortress | 10% owner | 3,989,738 | Jun 22, 2026 |
| Fund V. GP LLC FCO | 10% owner | – | Jun 22, 2026 |
| V. Ust Llc Fcof | 10% owner | – | Jun 22, 2026 |
| Llc Fig | 10% owner | – | Jun 22, 2026 |
| Investment Group LLC Fortress | 10% owner | 2,500,000 | Jun 22, 2026 |
| FIG Parent, LLC | 10% owner | – | Jun 22, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Susan Brasse Insley Chief Operating Officer | Sep 24, 2026 | Sale(10b5-1 plan) | −2,370 | $14.22 | $33.70K | 163,835 |
| Timothy Gray Chief Financial Officer | Sep 23, 2026 | Sale(10b5-1 plan) | −11,099 | $14.64 | $162.49K | 120,687 |
| Sammaad Shams Chief Accounting Officer | Sep 17, 2026 | Sale(10b5-1 plan) | −1,576 | $14.64 | $23.07K | 68,938 |
| Sammaad Shams Chief Accounting Officer | Sep 16, 2026 | Sale(10b5-1 plan) | −430 | $14.79 | $6.36K | 70,514 |
| Susan Brasse Insley Chief Operating Officer | Sep 15, 2026 | Sale(10b5-1 plan) | −849 | $15.29 | $12.98K | 166,205 |
| James S. Black General Counsel | Sep 14, 2026 | Sale(10b5-1 plan) | −1,878 | $15.34 | $28.81K | 89,810 |
| Mariam Sorond CEO, President and Director | Sep 3, 2026 | Sale(10b5-1 plan) | −2,831 | $14.72 | $41.67K | 1,168,961 |
| Mariam Sorond CEO, President and Director | Sep 3, 2026 | Sale(10b5-1 plan) | −69,853 | $15.30 | $1.07M | 1,171,792 |
| Sammaad Shams Chief Accounting Officer | Jun 29, 2026 | Sale(10b5-1 plan) | −2,006 | $17.84 | $35.79K | 70,944 |
| Susan Brasse Insley Chief Operating Officer | Jun 24, 2026 | Sale(10b5-1 plan) | −2,370 | $17.13 | $40.60K | 167,054 |
| Neil S. Subin Director | Jun 23, 2026 | Option exercise | +250,000 | $11.50 | $2.88M | 2,765,213 |
| Neil S. Subin Director | Jun 22, 2026 | Conversion | +502,707 | – | – | 502,707 |
| Credit Opportunities V. Advisors LLC Fortress 10% owner | Jun 17, 2026 | Conversion | +3,989,738 | $12.56 | $50.11M | 3,989,738 |
| I. Llc Finco 10% owner | Jun 17, 2026 | Conversion | +3,989,738 | $12.56 | $50.11M | 3,989,738 |
| Susan Brasse Insley Chief Operating Officer | Jun 16, 2026 | Sale(10b5-1 plan) | −849 | $19.36 | $16.44K | 169,424 |
| Mariam Sorond CEO, President and Director | Jun 16, 2026 | Sale(10b5-1 plan) | −2,830 | $18.33 | $51.87K | 1,241,665 |
| James S. Black General Counsel | Jun 12, 2026 | Sale(10b5-1 plan) | −1,878 | $22.96 | $43.12K | 91,688 |
| Mariam Sorond CEO, President and Director | Jun 1, 2026 | Sale(10b5-1 plan) | −2,300 | $20.89 | $48.05K | 1,244,495 |
| Mariam Sorond CEO, President and Director | Jun 1, 2026 | Sale(10b5-1 plan) | −67,553 | $19.89 | $1.34M | 1,246,795 |
| Hugh Wyman Howard III Director | May 21, 2026 | Award | +7,550 | – | – | 20,704 |
| Lorin Selby Director | May 21, 2026 | Award | +7,550 | – | – | 20,704 |
| Nicola Palmer Director | May 21, 2026 | Award | +7,550 | – | – | 38,327 |
| John B. Muleta Director | May 21, 2026 | Award | +7,550 | – | – | 66,830 |
| Neil S. Subin Director | May 21, 2026 | Award | +7,550 | – | – | 168,892 |
| Jonathan Anthony Marcus Director | May 21, 2026 | Award | +7,550 | – | – | 38,444 |
| Lisa Hook Director | May 21, 2026 | Award | +7,550 | – | – | 12,095 |
| Alan B. Howe Director | May 21, 2026 | Award | +7,550 | – | – | 336,661 |
| Bandel L. Carano Director | May 21, 2026 | Award | +7,550 | – | – | 188,568 |
| Sammaad Shams Chief Accounting Officer | Mar 26, 2026 | Sale | −3,945 | $19.54 | $77.09K | 72,950 |
| Susan Brasse Insley Chief Operating Officer | Mar 24, 2026 | Sale(10b5-1 plan) | −2,370 | $18.57 | $44.01K | 170,273 |
| Susan Brasse Insley Chief Operating Officer | Mar 20, 2026 | Sale | −3,599 | $18.11 | $65.18K | 172,643 |
| Timothy Gray Chief Financial Officer | Mar 20, 2026 | Sale | −1,405 | $18.11 | $25.44K | 131,786 |
| Sammaad Shams Chief Accounting Officer | Mar 20, 2026 | Sale | −1,767 | $18.11 | $32.00K | 76,895 |
| James S. Black General Counsel | Mar 20, 2026 | Sale(10b5-1 plan) | −2,751 | $18.11 | $49.82K | 93,566 |
| James S. Black General Counsel | Mar 20, 2026 | Sale(10b5-1 plan) | −6,678 | $17.91 | $119.60K | 96,317 |
| Mariam Sorond CEO, President and Director | Mar 19, 2026 | Award | +54,704 | – | – | 1,314,328 |
| Susan Brasse Insley Chief Operating Officer | Mar 19, 2026 | Award | +9,726 | – | – | 135,211 |
| Susan Brasse Insley Chief Operating Officer | Mar 19, 2026 | Award | +41,031 | – | – | 176,242 |
| Timothy Gray Chief Financial Officer | Mar 19, 2026 | Award | +3,372 | – | – | 92,163 |
| Timothy Gray Chief Financial Officer | Mar 19, 2026 | Award | +41,028 | – | – | 133,191 |
| Sammaad Shams Chief Accounting Officer | Mar 19, 2026 | Award | +10,482 | – | – | 78,662 |
| Sammaad Shams Chief Accounting Officer | Mar 19, 2026 | Award | +5,712 | – | – | 68,180 |
| James S. Black General Counsel | Mar 19, 2026 | Award | +27,354 | – | – | 102,995 |
| James S. Black General Counsel | Mar 19, 2026 | Award | +8,862 | – | – | 75,641 |
| Sammaad Shams Chief Accounting Officer | Mar 19, 2026 | Sale(10b5-1 plan) | −115 | $17.80 | $2.05K | 62,468 |
| Sammaad Shams Chief Accounting Officer | Mar 17, 2026 | Sale(10b5-1 plan) | −3,297 | $16.86 | $55.59K | 62,583 |
| Susan Brasse Insley Chief Operating Officer | Mar 17, 2026 | Sale(10b5-1 plan) | −3,396 | $16.85 | $57.22K | 125,485 |
| Mariam Sorond CEO, President and Director | Mar 17, 2026 | Sale(10b5-1 plan) | −11,322 | $16.85 | $190.78K | 1,259,624 |
| Mariam Sorond CEO, President and Director | Mar 3, 2026 | Sale(10b5-1 plan) | −44,860 | $17.12 | $768.00K | 1,270,946 |
| Mariam Sorond CEO, President and Director | Mar 3, 2026 | Sale(10b5-1 plan) | −24,993 | $16.53 | $413.13K | 1,315,806 |
| Lisa Hook Director | Feb 24, 2026 | Award | +4,545 | – | – | 4,545 |
| Susan Brasse Insley Chief Operating Officer | Dec 24, 2025 | Sale(10b5-1 plan) | −2,370 | $17.06 | $40.43K | 128,881 |
| Sammaad Shams Chief Accounting Officer | Dec 19, 2025 | Sale(10b5-1 plan) | −115 | $16.91 | $1.94K | 65,880 |
| Sammaad Shams Chief Accounting Officer | Dec 16, 2025 | Sale(10b5-1 plan) | −1,576 | $16.24 | $25.59K | 65,995 |
| Mariam Sorond CEO, President and Director | Dec 2, 2025 | Sale(10b5-1 plan) | −69,853 | $13.82 | $965.37K | 1,340,799 |
| Joseph D. Samberg 10% owner | Nov 21, 2025 | Buy | +58,457 | $11.86 | $693.30K | 9,745,600 |
| Susan Brasse Insley Chief Operating Officer | Nov 18, 2025 | Sale(10b5-1 plan) | −12,189 | $12.78 | $155.78K | 131,251 |
| Joseph D. Samberg 10% owner | Nov 13, 2025 | Sale | −540,000 | $12.35 | $6.67M | 9,660,000 |
| Joseph D. Samberg 10% owner | Nov 13, 2025 | Sale | −60,000 | $12.35 | $741.00K | 760,000 |
| Timothy Gray Chief Financial Officer | Sep 22, 2025 | Award | +88,791 | – | – | 88,791 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
23M shares short
Days to cover
6.3
At 4M shares a day
Change since last report
+2.4%
From 23M shares
Short volume, 20 days
45.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of NextNav's stock actually held short. Settlement fails (shares not delivered on time) peaked at 117,880 shares on Oct 8, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Susan Brasse Insley Officer | Sep 24, 2026 | 2,370 | $34.10K | Sep 24, 2026 | Restricted Stock Units |
| Timothy Gray Officer | Sep 23, 2026 | 11,099 | $170.15K | Sep 23, 2026 | Restricted Stock Units |
| Sammaad Shams Officer | Sep 17, 2026 | 1,576 | $23.04K | Sep 17, 2026 | Restricted Stock Units |
| Sammaad Shams Officer | Sep 16, 2026 | 430 | $6.42K | Sep 16, 2026 | Restricted Stock Units |
| Mariam Sorond Director, Officer | Sep 16, 2026 | 2,831 | $42.24K | Sep 16, 2026 | Restricted Stock Units |
| Susan Brasse Insley Officer | Sep 15, 2026 | 849 | $13.19K | Sep 15, 2026 | Restricted Stock Units |
| James S. Black Officer | Sep 14, 2026 | 1,878 | $28.51K | Sep 14, 2026 | Restricted Stock Units |
| Mariam Sorond Director, Officer | Sep 1, 2026 | 69,853 | $1.11M | Sep 1, 2026 | Restricted Stock Units |
| Sammaad Shams Officer | Jun 29, 2026 | 2,006 | $34.52K | Jun 29, 2026 | Restricted Stock Units |
| Susan Brasse Insley Officer | Jun 24, 2026 | 2,370 | $40.60K | Jun 24, 2026 | Restricted Stock Units |
| Mariam Sorond Director, Officer | Jun 16, 2026 | 2,830 | $55.27K | Jun 16, 2026 | Restricted Stock Units |
| Susan Brasse Insley Officer | Jun 16, 2026 | 849 | $16.58K | Jun 16, 2026 | Restricted Stock Units |
| James S. Black Officer | Jun 12, 2026 | 1,878 | $42.78K | Jun 12, 2026 | Restricted Stock Units |
| Mariam Sorond Director, Officer | Jun 1, 2026 | 69,853 | $1.44M | Jun 1, 2026 | Restricted Stock Units |
| Sammaad Shams Officer | Mar 26, 2026 | 3,945 | $77.09K | Mar 26, 2026 | Restricted Stock Units |
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