NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
122 hedge funds and large institutions have $727M invested in NexTier Oilfield Solutions Inc. in 2017 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 13 closing their positions.
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
15% more funds holding
Funds holding: 106 → 122 (+16)
2% more capital invested
Capital invested by funds: $715M → $727M (+$12.3M)
13% less call options, than puts
Call options by funds: $2.6M | Put options by funds: $2.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$9.23M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$8.44M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$5.98M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$5.26M |
| 5 |
BlackRock
New York
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$42.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$28.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$13.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$12M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.04M |
NEX Hedge Fund Activity: Q4 2017 in Review
122 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2017, worth a combined $727M — up 1.7% from $715M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new NEX positions and 13 closed out — a net gain of 18 holders — while 43 added to existing stakes and 35 trimmed.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $9.23M. The largest seller was Millennium Management, cutting an estimated $42.6M.
- 122 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2017, up from 106 in Q3 2017.
- Funds reported $727M of NexTier Oilfield Solutions Inc. stock for Q4 2017, up 1.7% quarter-over-quarter.
- 31 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2017 and 13 closed out, a net change of +18 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q4 2017 was Encompass Capital Advisors, an estimated $9.23M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q4 2017 was Millennium Management, an estimated $42.6M sold.
Based on aggregated 13F filings for Q4 2017.