NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
137 hedge funds and large institutions have $780M invested in NexTier Oilfield Solutions Inc. in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 45 increasing their positions, 39 reducing their positions, and 26 closing their positions.
595% more call options, than puts
Call options by funds: $744K | Put options by funds: $107K
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
15% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 39
5% more funds holding
Funds holding: 130 → 137 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
31% less capital invested
Capital invested by funds: $1.13B → $780M (-$355M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$22.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$18.9M |
| 3 |
Morgan Stanley
New York
|
+$17.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.3M |
| 5 |
FS
Feinberg Stephen
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
-$57.5M |
| 2 |
WB
Wilks Brothers
Cisco,
Texas
|
-$17.9M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$9.04M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$6.03M |
| 5 |
Millennium Management
New York
|
-$5.7M |
NEX Hedge Fund Activity: Q4 2018 in Review
137 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2018, worth a combined $780M — down 31% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NEX positions and 26 closed out — a net gain of 7 holders — while 45 added to existing stakes and 39 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $22.5M. The largest seller was Omega Advisors, exiting entirely with an estimated $57.5M sold.
- 137 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2018, up from 130 in Q3 2018.
- Funds reported $780M of NexTier Oilfield Solutions Inc. stock for Q4 2018, down 31% quarter-over-quarter.
- 33 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2018 and 26 closed out, a net change of +7 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q4 2018 was Citadel Advisors, an estimated $22.5M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q4 2018 was Omega Advisors, an estimated $57.5M sold.
Based on aggregated 13F filings for Q4 2018.