NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
132 hedge funds and large institutions have $1.33B invested in NexTier Oilfield Solutions Inc. in 2018 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 70 increasing their positions, 21 reducing their positions, and 25 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 21
83% more capital invested
Capital invested by funds: $727M → $1.33B (+$604M)
78% more call options, than puts
Call options by funds: $908K | Put options by funds: $511K
40% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 25
8% more funds holding
Funds holding: 122 → 132 (+10)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FS
Feinberg Stephen
|
+$619M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$45M |
| 3 |
Millennium Management
New York
|
+$26.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$26M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$14.9M |
| 2 |
NP
Ninepoint Partners
Toronto,
Ontario, Canada
|
-$13.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$12M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$11.2M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
151
Cutler Group
San Francisco,
California
| – | -$80K | -4,260 | Closed |
|
152
UBS Group
Zurich,
Switzerland
| – | -$31K | -1,622 | Closed |
|
|
RA
153
Rational Advisors
Huntington,
New York
| – | -$19K | -1,000 | Closed |
|
|
DCM
154
Delpha Capital Management
New York
| – | -$18K | -930 | Closed |
|
|
IA
155
IndexIQ Advisors
New York
| – | -$17K | -891 | Closed |
|
156
Envestnet Asset Management
Chicago,
Illinois
| – | -$17K | -881 | Closed |
|
157
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -272 | Closed |
|
NEX Hedge Fund Activity: Q1 2018 in Review
132 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q1 2018, worth a combined $1.33B — up 83% from $727M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NEX positions and 25 closed out — a net gain of 10 holders — while 70 added to existing stakes and 21 trimmed.
The largest buyer was Feinberg Stephen, opening a new position worth an estimated $619M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $14.9M sold.
- 132 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q1 2018, up from 122 in Q4 2017.
- Funds reported $1.33B of NexTier Oilfield Solutions Inc. stock for Q1 2018, up 83% quarter-over-quarter.
- 35 funds opened new NexTier Oilfield Solutions Inc. positions in Q1 2018 and 25 closed out, a net change of +10 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q1 2018 was Feinberg Stephen, an estimated $619M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q1 2018 was Massachusetts Financial Services, an estimated $14.9M sold.
Based on aggregated 13F filings for Q1 2018.