NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
151 hedge funds and large institutions have $664M invested in NexTier Oilfield Solutions Inc. in 2021 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 41 increasing their positions, 50 reducing their positions, and 10 closing their positions.
230% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 10
17% more funds holding
Funds holding: 129 → 151 (+22)
4% more capital invested
Capital invested by funds: $636M → $664M (+$28.1M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
18% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 50
91% less call options, than puts
Call options by funds: $350K | Put options by funds: $4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$13.6M |
| 2 |
CCM
CAAS Capital Management
New York
|
+$9.31M |
| 3 |
BlackRock
New York
|
+$6.46M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$4.6M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cerberus Capital Management
New York
|
-$27.2M |
| 2 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$5.25M |
| 3 |
JP Morgan Chase
New York
|
-$4.79M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.51M |
| 5 |
Renaissance Technologies
New York
|
-$2.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
151
Wellington Management Group
Boston,
Massachusetts
| – | -$2.51M | -729,302 | Closed |
|
|
SCM
152
SIR Capital Management
New York
| – | -$993K | -288,648 | Closed |
|
153
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$413K | -120,000 | Closed |
|
|
PA
154
Profund Advisors
Bethesda,
Maryland
| – | -$122K | -35,592 | Closed |
|
155
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$52K | -15,193 | Closed |
|
|
MAA
156
Mraz Amerine & Associates
Modesto,
California
| – | -$52K | -15,037 | Closed |
|
|
WC
157
Wexford Capital
West Palm Beach,
Florida
| – | -$40K | -11,712 | Closed |
|
|
MAM
158
Meeder Asset Management
Dublin,
Ohio
| – | +$16 | +4 | New |
|
|
AIM
159
Axiom Investment Management
New York
| – | +$841 | +208 | New |
|
NEX Hedge Fund Activity: Q1 2021 in Review
151 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q1 2021, worth a combined $664M — up 4.4% from $636M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NEX positions and 10 closed out — a net gain of 23 holders — while 41 added to existing stakes and 50 trimmed.
The largest buyer was Boston Partners, adding an estimated $13.6M. The largest seller was Cerberus Capital Management, cutting an estimated $27.2M.
- 151 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q1 2021, up from 129 in Q4 2020.
- Funds reported $664M of NexTier Oilfield Solutions Inc. stock for Q1 2021, up 4.4% quarter-over-quarter.
- 33 funds opened new NexTier Oilfield Solutions Inc. positions in Q1 2021 and 10 closed out, a net change of +23 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q1 2021 was Boston Partners, an estimated $13.6M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q1 2021 was Cerberus Capital Management, an estimated $27.2M sold.
Based on aggregated 13F filings for Q1 2021.