NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
245 hedge funds and large institutions have $1.81B invested in NexTier Oilfield Solutions Inc. in 2023 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 90 increasing their positions, 72 reducing their positions, and 33 closing their positions.
447% more call options, than puts
Call options by funds: $8.34M | Put options by funds: $1.52M
48% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 33
25% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 72
7% more funds holding
Funds holding: 229 → 245 (+16)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less capital invested
Capital invested by funds: $1.82B → $1.81B (-$5.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$117M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$46.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$30.2M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cerberus Capital Management
New York
|
-$43.9M |
| 2 |
Two Sigma Advisers
New York
|
-$14M |
| 3 |
VanEck Associates
New York
|
-$13.3M |
| 4 |
Renaissance Technologies
New York
|
-$12.7M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Group One Trading
Chicago,
Illinois
| – | -$6.59K | -737 | Closed |
|
|
SFG
277
Steward Financial Group
Colleyville,
Texas
| – | +$743 | +83 | +830% |
|
NEX Hedge Fund Activity: Q1 2023 in Review
245 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q1 2023, worth a combined $1.81B — down 0.3% from $1.82B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new NEX positions and 33 closed out — a net gain of 16 holders — while 90 added to existing stakes and 72 trimmed.
The largest buyer was BlackRock, adding an estimated $117M. The largest seller was Cerberus Capital Management, cutting an estimated $43.9M.
- 245 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q1 2023, up from 229 in Q4 2022.
- Funds reported $1.81B of NexTier Oilfield Solutions Inc. stock for Q1 2023, down 0.3% quarter-over-quarter.
- 49 funds opened new NexTier Oilfield Solutions Inc. positions in Q1 2023 and 33 closed out, a net change of +16 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q1 2023 was BlackRock, an estimated $117M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q1 2023 was Cerberus Capital Management, an estimated $43.9M sold.
Based on aggregated 13F filings for Q1 2023.