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NEX

NexTier Oilfield Solutions Inc.

Delisted

NEX was delisted on the 31st of August, 2023.

129 hedge funds and large institutions have $636M invested in NexTier Oilfield Solutions Inc. in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more capital invested

Capital invested by funds: $336M → $636M (+$301M)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

6% less call options, than puts

Call options by funds: $504K | Put options by funds: $537K

11% less funds holding

Funds holding: 145129 (-16)

25% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 57

58% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 26

Holders
129
Holders Change
-16
Holders Change %
-11.03%
% of All Funds
2.28%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
11
Increased
43
Reduced
57
Closed
26
Calls
$504K
Puts
$537K
Net Calls
-$33K
Net Calls Change
+$47K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$4.51M -$137K -51,546 -4%
Franklin Resources
27
Franklin Resources
California
$3.67M -$156K -58,400 -5%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$2.88M +$20.5K +7,700 +0.9%
CP
29
Covalent Partners
Massachusetts
$2.8M -$159K -59,765 -7%
Millennium Management
30
Millennium Management
New York
$2.7M -$107K -40,019 -5%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$2.65M -$78.3K -29,361 -4%
Citadel Advisors
32
Citadel Advisors
Florida
$2.62M +$1.66M +621,766 +441%
Wellington Management Group
33
Wellington Management Group
Massachusetts
$2.51M +$267K +100,309 +16%
SEI Investments
34
SEI Investments
Pennsylvania
$2.4M -$3.56K -1,334 -0.2%
Adage Capital Partners
35
Adage Capital Partners
Massachusetts
$2.06M +$1.6M +600,000 New
Ameriprise
36
Ameriprise
Minnesota
$1.78M +$199K +74,800 +17%
Wells Fargo
37
Wells Fargo
California
$1.53M -$56.9K -21,331 -5%
BCM
38
Bridgeway Capital Management
Texas
$1.51M
Grantham, Mayo, Van Otterloo & Co (GMO)
39
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.49M +$42.6K +16,000 +4%
HHAM
40
HITE Hedge Asset Management
Massachusetts
$1.47M -$1.64M -616,667 -59%
ISSM
41
Invesco Senior Secured Management
New York
$1.3M -$26.1K -9,799 -3%
Swiss National Bank
42
Swiss National Bank
Switzerland
$1.25M
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$1.24M -$18.4K -6,900 -2%
PAM
44
Panagora Asset Management
Massachusetts
$1.22M -$666K -249,907 -41%
Boston Partners
45
Boston Partners
Massachusetts
$1.13M +$873K +327,693 New
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$1.08M +$91.3K +34,248 +12%
SCM
47
SIR Capital Management
New York
$993K -$914K -343,081 -54%
American Century Companies
48
American Century Companies
Missouri
$886K +$135K +50,514 +24%
TD Asset Management
49
TD Asset Management
Ontario, Canada
$850K +$59.7K +22,400 +10%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$848K +$14.3K +5,376 +2%

NEX Hedge Fund Activity: Q4 2020 in Review

129 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2020, worth a combined $636M — up 90% from $336M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of NEX and 11 opened new positions — a net loss of 15 holders — while 57 trimmed existing stakes and 43 added.

The largest buyer was Vanguard Group, adding an estimated $11.3M. The largest seller was Blackstone Inc, exiting entirely with an estimated $6.04M sold.

  • 129 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2020, down from 145 in Q3 2020.
  • Funds reported $636M of NexTier Oilfield Solutions Inc. stock for Q4 2020, up 90% quarter-over-quarter.
  • 11 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2020 and 26 closed out, a net change of -15 holders.
  • The largest NexTier Oilfield Solutions Inc. buyer in Q4 2020 was Vanguard Group, an estimated $11.3M added.
  • The largest NexTier Oilfield Solutions Inc. seller in Q4 2020 was Blackstone Inc, an estimated $6.04M sold.

Based on aggregated 13F filings for Q4 2020.