NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
106 hedge funds and large institutions have $715M invested in NexTier Oilfield Solutions Inc. in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 29 reducing their positions, and 15 closing their positions.
66% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 29
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
4% more funds holding
Funds holding: 102 → 106 (+4)
4% less capital invested
Capital invested by funds: $742M → $715M (-$27.7M)
81% less call options, than puts
Call options by funds: $646K | Put options by funds: $3.33M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$23.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$11.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$5.99M |
| 5 |
BlackRock
New York
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$24.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$22.5M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$16.8M |
| 4 |
TCCM
Two Creeks Capital Management
New York
|
-$12.8M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$12.2M |
NEX Hedge Fund Activity: Q3 2017 in Review
106 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q3 2017, worth a combined $715M — down 3.7% from $742M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NEX positions and 15 closed out — a net gain of 4 holders — while 48 added to existing stakes and 29 trimmed.
The largest buyer was Millennium Management, adding an estimated $23.5M. The largest seller was Citigroup, cutting an estimated $24.6M.
- 106 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q3 2017, up from 102 in Q2 2017.
- Funds reported $715M of NexTier Oilfield Solutions Inc. stock for Q3 2017, down 3.7% quarter-over-quarter.
- 19 funds opened new NexTier Oilfield Solutions Inc. positions in Q3 2017 and 15 closed out, a net change of +4 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q3 2017 was Millennium Management, an estimated $23.5M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q3 2017 was Citigroup, an estimated $24.6M sold.
Based on aggregated 13F filings for Q3 2017.