NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
176 hedge funds and large institutions have $1.32B invested in NexTier Oilfield Solutions Inc. in 2019 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 81 increasing their positions, 20 reducing their positions, and 27 closing their positions.
305% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 20
148% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 27
115% more capital invested
Capital invested by funds: $613M → $1.32B (+$704M)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
28% more funds holding
Funds holding: 138 → 176 (+38)
11% less call options, than puts
Call options by funds: $333K | Put options by funds: $376K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59.3M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$49.4M |
| 3 |
Pzena Investment Management
New York
|
+$42.5M |
| 4 |
BlackRock
New York
|
+$42.1M |
| 5 |
Renaissance Technologies
New York
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$6.57M |
| 2 |
QF
QVT Financial
New York
|
-$6.25M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$3.36M |
| 4 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$2.41M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$1.96M |
NEX Hedge Fund Activity: Q4 2019 in Review
176 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2019, worth a combined $1.32B — up 115% from $613M a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new NEX positions and 27 closed out — a net gain of 40 holders — while 81 added to existing stakes and 20 trimmed.
The largest buyer was Vanguard Group, adding an estimated $59.3M. The largest seller was Cramer Rosenthal McGlynn, exiting entirely with an estimated $6.57M sold.
- 176 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2019, up from 138 in Q3 2019.
- Funds reported $1.32B of NexTier Oilfield Solutions Inc. stock for Q4 2019, up 115% quarter-over-quarter.
- 67 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2019 and 27 closed out, a net change of +40 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q4 2019 was Vanguard Group, an estimated $59.3M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q4 2019 was Cramer Rosenthal McGlynn, an estimated $6.57M sold.
Based on aggregated 13F filings for Q4 2019.