NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
145 hedge funds and large institutions have $336M invested in NexTier Oilfield Solutions Inc. in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 54 reducing their positions, and 18 closing their positions.
1% less funds holding
Funds holding: 147 → 145 (-2)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
17% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 54
26% less capital invested
Capital invested by funds: $453M → $336M (-$117M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
93% less call options, than puts
Call options by funds: $6K | Put options by funds: $86K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$11.3M |
| 2 |
Pzena Investment Management
New York
|
+$6.18M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.52M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$1.33M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.1M |
| 2 |
Millennium Management
New York
|
-$4.73M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.82M |
| 4 |
VanEck Associates
New York
|
-$2.15M |
| 5 |
Renaissance Technologies
New York
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
151
Virtu Financial
New York
| – | -$40K | -16,282 | Closed |
|
|
FQ
152
First Quadrant
Glendale,
California
| – | -$28K | -11,558 | Closed |
|
|
NL
153
NWAM LLC
Mercer Island,
Washington
| – | -$28K | -11,415 | Closed |
|
|
PAG
154
Private Advisor Group
Morristown,
New Jersey
| – | -$5K | -2,114 | Closed |
|
|
MWA
155
MFA Wealth Advisors
Pittsburgh,
Pennsylvania
| – | -$4.89K | -1,996 | Closed |
|
|
QT
156
Quantbot Technologies
New York
| – | -$4K | -1,700 | Closed |
|
157
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -732 | Closed |
|
|
HS
158
Horan Securities
Cincinnati,
United States
| – | +$51 | +21 | New |
|
|
PFWA
159
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| – | +$264 | +109 | New |
|
|
LC
160
Lindbrook Capital
Calabasas,
California
| – | +$647 | +267 | New |
|
NEX Hedge Fund Activity: Q3 2020 in Review
145 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q3 2020, worth a combined $336M — down 26% from $453M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NEX and 16 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 45 added.
The largest buyer was Deep Basin Capital, adding an estimated $11.3M. The largest seller was Vanguard Group, cutting an estimated $10.1M.
- 145 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q3 2020, down from 147 in Q2 2020.
- Funds reported $336M of NexTier Oilfield Solutions Inc. stock for Q3 2020, down 26% quarter-over-quarter.
- 16 funds opened new NexTier Oilfield Solutions Inc. positions in Q3 2020 and 18 closed out, a net change of -2 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q3 2020 was Deep Basin Capital, an estimated $11.3M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q3 2020 was Vanguard Group, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2020.