NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
129 hedge funds and large institutions have $636M invested in NexTier Oilfield Solutions Inc. in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 26 closing their positions.
90% more capital invested
Capital invested by funds: $336M → $636M (+$301M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% less call options, than puts
Call options by funds: $504K | Put options by funds: $537K
11% less funds holding
Funds holding: 145 → 129 (-16)
25% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 57
58% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.52M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$3.46M |
| 4 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$3.42M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$6.04M |
| 2 |
Renaissance Technologies
New York
|
-$2.86M |
| 3 |
JP Morgan Chase
New York
|
-$1.68M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.64M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.53M |
NEX Hedge Fund Activity: Q4 2020 in Review
129 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2020, worth a combined $636M — up 90% from $336M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of NEX and 11 opened new positions — a net loss of 15 holders — while 57 trimmed existing stakes and 43 added.
The largest buyer was Vanguard Group, adding an estimated $11.3M. The largest seller was Blackstone Inc, exiting entirely with an estimated $6.04M sold.
- 129 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2020, down from 145 in Q3 2020.
- Funds reported $636M of NexTier Oilfield Solutions Inc. stock for Q4 2020, up 90% quarter-over-quarter.
- 11 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2020 and 26 closed out, a net change of -15 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q4 2020 was Vanguard Group, an estimated $11.3M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q4 2020 was Blackstone Inc, an estimated $6.04M sold.
Based on aggregated 13F filings for Q4 2020.