CCM
NEX

Cerberus Capital Management’s NexTier Oilfield Solutions Inc. NEX Stock Holding History

Cerberus Capital Management’s Portfolio NEX Stock Details NEX Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2023
Q3 		– Sell
-27,418,816
Closed -$245M – 10
2023
Q2 		$245M Hold
27,418,816
– – 5.79% 3
2023
Q1 		$218M Sell
27,418,816
-4,912,012
-15% -$43.9M 5.27% 3
2022
Q4 		$299M Buy
32,330,828
+4,912,012
+18% +$48.1M 6.96% 3
2022
Q3 		$193M Hold
27,418,816
– – 4.29% 3
2022
Q2 		$248M Sell
27,418,816
-5,936,492
-18% -$62.3M 5.14% 3
2022
Q1 		$293M Hold
33,355,308
– – 4.65% 4
2021
Q4 		$112M Hold
33,355,308
– – 1.84% 4
2021
Q3 		$146M Hold
33,355,308
– – 2.47% 4
2021
Q2 		$151M Hold
33,355,308
– – 3.48% 4
2021
Q1 		$120M Sell
33,355,308
-6,727,871
-17% -$27.2M 3.33% 3
2020
Q4 		$138M Buy
+40,083,179
New +$107M 3.94% 3

Other funds holding NEX

HNB
Huntington National Bank Columbus, Ohio $20.6B AUM 34.61% 1-Year Est. Return

Cerberus Capital Management's NEX Position: Q3 2023 in Review

Cerberus Capital Management sold out of NexTier Oilfield Solutions Inc. (NEX) in Q3 2023, closing a stake of 27,418,816 shares — an estimated $245M sold.

Cerberus Capital Management first reported a position in NEX in Q4 2020 and held it in 11 quarters. The position peaked at $299M in Q4 2022. 1 fund tracked by Wall St. Rank holds NEX as of Q3 2023.

  • Cerberus Capital Management reported no remaining NexTier Oilfield Solutions Inc. position as of Q3 2023 after selling out during the quarter.
  • Cerberus Capital Management sold 27,418,816 NexTier Oilfield Solutions Inc. shares in Q3 2023, an estimated $245M.
  • Cerberus Capital Management first reported a position in NexTier Oilfield Solutions Inc. in Q4 2020 and held it in 11 quarters.
  • Cerberus Capital Management's NexTier Oilfield Solutions Inc. position peaked at $299M in Q4 2022.
  • 1 fund tracked by Wall St. Rank held NexTier Oilfield Solutions Inc. as of Q3 2023.

Based on Cerberus Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.