NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
135 hedge funds and large institutions have $691M invested in NexTier Oilfield Solutions Inc. in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 44 reducing their positions, and 24 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
140% more call options, than puts
Call options by funds: $310K | Put options by funds: $129K
18% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 44
6% less funds holding
Funds holding: 144 → 135 (-9)
16% less capital invested
Capital invested by funds: $826M → $691M (-$134M)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.6M |
| 2 |
SCM
SIR Capital Management
New York
|
+$8.19M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$7.63M |
| 4 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$7.19M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$20.3M |
| 2 |
VanEck Associates
New York
|
-$8.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$8.23M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.75M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Envestnet Asset Management
Chicago,
Illinois
| – | -$58K | -12,581 | Closed |
|
152
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$49K | -10,397 | Closed |
|
153
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$47K | -10,124 | Closed |
|
|
PHK
154
Point72 Hong Kong
Hong Kong
| – | -$28K | -6,103 | Closed |
|
|
PA
155
Parallel Advisors
San Francisco,
California
| – | -$2.46K | -587 | -84% |
|
|
CA
156
Crewe Advisors
Salt Lake City,
Utah
| – | -$2K | -450 | Closed |
|
|
MAM
157
Meeder Asset Management
Dublin,
Ohio
| – | +$67 | +16 | New |
|
|
CT
158
Cambridge Trust
Cambridge,
Massachusetts
| – | +$151 | +36 | New |
|
|
CFB
159
Cullen/Frost Bankers
San Antonio,
Texas
| – | +$335 | +80 | New |
|
NEX Hedge Fund Activity: Q4 2021 in Review
135 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2021, worth a combined $691M — down 16% from $826M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NEX and 17 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 52 added.
The largest buyer was Vanguard Group, adding an estimated $18.6M. The largest seller was Pzena Investment Management, cutting an estimated $20.3M.
- 135 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2021, down from 144 in Q3 2021.
- Funds reported $691M of NexTier Oilfield Solutions Inc. stock for Q4 2021, down 16% quarter-over-quarter.
- 17 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2021 and 24 closed out, a net change of -7 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q4 2021 was Vanguard Group, an estimated $18.6M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q4 2021 was Pzena Investment Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q4 2021.