NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
151 hedge funds and large institutions have $884M invested in NexTier Oilfield Solutions Inc. in 2021 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 46 reducing their positions, and 25 closing their positions.
33% more capital invested
Capital invested by funds: $664M → $884M (+$220M)
24% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 46
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
0% more funds holding
Funds holding: 151 → 151 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
81% less call options, than puts
Call options by funds: $1.43M | Put options by funds: $7.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$20.8M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$12.7M |
| 3 |
VanEck Associates
New York
|
+$12.4M |
| 4 |
Citigroup
New York
|
+$10.5M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
CAAS Capital Management
New York
|
-$8.57M |
| 2 |
Renaissance Technologies
New York
|
-$7.98M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$7.78M |
| 4 |
Pzena Investment Management
New York
|
-$6.07M |
| 5 |
BlackRock
New York
|
-$5.15M |
NEX Hedge Fund Activity: Q2 2021 in Review
151 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q2 2021, worth a combined $884M — up 33% from $664M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NEX positions and 25 closed out — a net gain of 1 holder — while 57 added to existing stakes and 46 trimmed.
The largest buyer was Franklin Resources, adding an estimated $20.8M. The largest seller was CAAS Capital Management, exiting entirely with an estimated $8.57M sold.
- 151 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $884M of NexTier Oilfield Solutions Inc. stock for Q2 2021, up 33% quarter-over-quarter.
- 26 funds opened new NexTier Oilfield Solutions Inc. positions in Q2 2021 and 25 closed out, a net change of +1 holder.
- The largest NexTier Oilfield Solutions Inc. buyer in Q2 2021 was Franklin Resources, an estimated $20.8M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q2 2021 was CAAS Capital Management, an estimated $8.57M sold.
Based on aggregated 13F filings for Q2 2021.