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NEX

NexTier Oilfield Solutions Inc.

Delisted

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

141 hedge funds and large institutions have $634M invested in NexTier Oilfield Solutions Inc. in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 44 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

481% more call options, than puts

Call options by funds: $151K | Put options by funds: $26K

27% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 44

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 27

3% less funds holding

Funds holding: 145141 (-4)

38% less capital invested

Capital invested by funds: $1.02B → $634M (-$383M)

Holders
141
Holders Change
-4
Holders Change %
-2.76%
% of All Funds
3.06%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
26
Increased
56
Reduced
44
Closed
27
Calls
$151K
Puts
$26K
Net Calls
+$125K
Net Calls Change
+$4.81M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
51
Goldman Sachs
New York
$1.07M -$2.82M -301,404 -65%
Jacobs Levy Equity Management
52
Jacobs Levy Equity Management
New Jersey
$1.04M +$1.45M +155,179 New
Alyeska Investment Group
53
Alyeska Investment Group
Illinois
$973K +$1.35M +144,777 New
OSAM
54
O'Shaughnessy Asset Management
Connecticut
$953K +$569K +60,913 +75%
FQ
55
First Quadrant
California
$933K +$1.3M +138,781 New
PP
56
PDT Partners
New York
$829K -$53.5K -5,720 -4%
Marshall Wace
57
Marshall Wace
United Kingdom
$710K +$988K +105,692 New
CM
58
CoreCommodity Management
Connecticut
$639K +$520K +55,685 +141%
Bank of Montreal
59
Bank of Montreal
Ontario, Canada
$637K -$815K -87,168 -48%
Russell Investments Group
60
Russell Investments Group
United Kingdom
$617K -$63.4K -6,787 -7%
Tudor Investment Corp
61
Tudor Investment Corp
Connecticut
$616K -$422K -45,126 -33%
SO
62
STRS Ohio
Ohio
$598K +$257K +27,500 +45%
Swiss National Bank
63
Swiss National Bank
Switzerland
$586K
AQR Capital Management
64
AQR Capital Management
Connecticut
$552K -$426K -45,626 -36%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$549K +$31.7K +3,394 +4%
Wells Fargo
66
Wells Fargo
California
$543K -$1.35M -144,340 -64%
AllianceBernstein
67
AllianceBernstein
Tennessee
$540K +$257K +27,520 +52%
CC
68
Cipher Capital
New York
$523K +$505K +53,980 +225%
EBIM
69
Eagle Boston Investment Management
Massachusetts
$521K -$704K -75,307 -49%
RhumbLine Advisers
70
RhumbLine Advisers
Massachusetts
$513K +$81K +8,670 +13%
MCM
71
Moore Capital Management
New York
$504K -$327K -35,000 -32%
SG Americas Securities
72
SG Americas Securities
New York
$445K -$1.83M -195,493 -75%
GCP
73
GSA Capital Partners
United Kingdom
$445K +$117K +12,565 +23%
Morgan Stanley
74
Morgan Stanley
New York
$441K -$662K -70,808 -52%
2L
75
22NW LP
Washington
$324K +$450K +48,167 New

NEX Hedge Fund Activity: Q2 2019 in Review

141 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q2 2019, worth a combined $634M — down 38% from $1.02B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NEX and 26 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 56 added.

The largest buyer was Nuveen, opening a new position worth an estimated $15.6M. The largest seller was Millennium Management, cutting an estimated $22.6M.

  • 141 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q2 2019, down from 145 in Q1 2019.
  • Funds reported $634M of NexTier Oilfield Solutions Inc. stock for Q2 2019, down 38% quarter-over-quarter.
  • 26 funds opened new NexTier Oilfield Solutions Inc. positions in Q2 2019 and 27 closed out, a net change of -1 holder.
  • The largest NexTier Oilfield Solutions Inc. buyer in Q2 2019 was Nuveen, an estimated $15.6M added.
  • The largest NexTier Oilfield Solutions Inc. seller in Q2 2019 was Millennium Management, an estimated $22.6M sold.

Based on aggregated 13F filings for Q2 2019.