NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
147 hedge funds and large institutions have $453M invested in NexTier Oilfield Solutions Inc. in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 23 closing their positions.
101% more capital invested
Capital invested by funds: $225M → $453M (+$228M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
2% less funds holding
Funds holding: 150 → 147 (-3)
58% less call options, than puts
Call options by funds: $11K | Put options by funds: $26K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.63M |
| 2 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$5.98M |
| 3 |
Millennium Management
New York
|
+$2.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.63M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$5.74M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$4.25M |
| 3 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$2.94M |
| 4 |
SCM
SIR Capital Management
New York
|
-$2.75M |
| 5 |
Pzena Investment Management
New York
|
-$2.73M |
NEX Hedge Fund Activity: Q2 2020 in Review
147 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q2 2020, worth a combined $453M — up 101% from $225M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NEX and 21 opened new positions — a net loss of 2 holders — while 49 trimmed existing stakes and 56 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $6.63M. The largest seller was KGH Ltd, exiting entirely with an estimated $5.74M sold.
- 147 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q2 2020, down from 150 in Q1 2020.
- Funds reported $453M of NexTier Oilfield Solutions Inc. stock for Q2 2020, up 101% quarter-over-quarter.
- 21 funds opened new NexTier Oilfield Solutions Inc. positions in Q2 2020 and 23 closed out, a net change of -2 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q2 2020 was T. Rowe Price Associates, an estimated $6.63M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q2 2020 was KGH Ltd, an estimated $5.74M sold.
Based on aggregated 13F filings for Q2 2020.