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NEX

NexTier Oilfield Solutions Inc.

Delisted

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

135 hedge funds and large institutions have $691M invested in NexTier Oilfield Solutions Inc. in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 44 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

140% more call options, than puts

Call options by funds: $310K | Put options by funds: $129K

18% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 44

6% less funds holding

Funds holding: 144135 (-9)

16% less capital invested

Capital invested by funds: $826M → $691M (-$134M)

29% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 24

Holders
135
Holders Change
-9
Holders Change %
-6.25%
% of All Funds
2.08%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
17
Increased
52
Reduced
44
Closed
24
Calls
$310K
Puts
$129K
Net Calls
+$181K
Net Calls Change
+$1.56M
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$6.08M -$2.39M -570,617 -25%
Invesco
27
Invesco
Georgia
$5.42M -$139K -33,186 -2%
Renaissance Technologies
28
Renaissance Technologies
New York
$4.39M -$3.93M -939,165 -43%
SEI Investments
29
SEI Investments
Pennsylvania
$2.98M -$128K -30,568 -4%
HHAM
30
HITE Hedge Asset Management
Massachusetts
$2.97M +$2.61M +622,731 +293%
SC
31
Sagefield Capital
Texas
$2.84M +$3.35M +800,853 New
Bank of New York Mellon
32
Bank of New York Mellon
New York
$2.33M +$41.4K +9,896 +2%
Adage Capital Partners
33
Adage Capital Partners
Massachusetts
$2.22M -$1.47M -350,000 -36%
Citadel Advisors
34
Citadel Advisors
Florida
$2.22M +$685K +163,547 +36%
ERM
35
Elm Ridge Management
New York
$2.16M +$96.7K +23,082 +4%
Two Sigma Investments
36
Two Sigma Investments
New York
$1.65M -$2.37M -565,748 -55%
Two Sigma Advisers
37
Two Sigma Advisers
New York
$1.48M -$285K -67,990 -14%
TD Asset Management
38
TD Asset Management
Ontario, Canada
$1.45M +$855K +204,255 +100%
ISSM
39
Invesco Senior Secured Management
New York
$1.34M
CP
40
Covalent Partners
Massachusetts
$1.33M +$113K +26,900 +8%
UBS AM
41
UBS AM
Illinois
$1.31M +$510K +121,774 +49%
Swiss National Bank
42
Swiss National Bank
Switzerland
$1.26M
GS
43
Gagnon Securities
New York
$1.08M +$3.72K +888 +0.3%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$997K +$2.85K +680 +0.2%
Tudor Investment Corp
45
Tudor Investment Corp
Connecticut
$945K +$972K +232,170 +680%
Wells Fargo
46
Wells Fargo
California
$877K +$48.1K +11,473 +5%
Ameriprise
47
Ameriprise
Minnesota
$873K -$902K -215,343 -47%
Deutsche Bank
48
Deutsche Bank
Germany
$855K +$19.8K +4,738 +2%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$826K +$29.2K +6,978 +3%
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$803K -$3.01M -718,829 -76%

NEX Hedge Fund Activity: Q4 2021 in Review

135 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2021, worth a combined $691M — down 16% from $826M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of NEX and 17 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 52 added.

The largest buyer was Vanguard Group, adding an estimated $18.6M. The largest seller was Pzena Investment Management, cutting an estimated $20.3M.

  • 135 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2021, down from 144 in Q3 2021.
  • Funds reported $691M of NexTier Oilfield Solutions Inc. stock for Q4 2021, down 16% quarter-over-quarter.
  • 17 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2021 and 24 closed out, a net change of -7 holders.
  • The largest NexTier Oilfield Solutions Inc. buyer in Q4 2021 was Vanguard Group, an estimated $18.6M added.
  • The largest NexTier Oilfield Solutions Inc. seller in Q4 2021 was Pzena Investment Management, an estimated $20.3M sold.

Based on aggregated 13F filings for Q4 2021.