NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
102 hedge funds and large institutions have $742M invested in NexTier Oilfield Solutions Inc. in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 46 increasing their positions, 25 reducing their positions, and 29 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 25
16% more capital invested
Capital invested by funds: $638M → $742M (+$104M)
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
2% less funds holding
Funds holding: 104 → 102 (-2)
92% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $18.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$61.3M |
| 2 |
Millennium Management
New York
|
+$25.5M |
| 3 |
Citigroup
New York
|
+$23.3M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$11.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$9.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.7M |
| 2 |
ZP
Zimmer Partners
New York
|
-$21.7M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$13.6M |
| 4 |
BCM
Brenham Capital Management
Dallas,
Texas
|
-$8.18M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$7.58M |
NEX Hedge Fund Activity: Q2 2017 in Review
102 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q2 2017, worth a combined $742M — up 16% from $638M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NEX and 28 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 46 added.
The largest buyer was Janus Henderson Group, adding an estimated $61.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $29.7M.
- 102 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q2 2017, down from 104 in Q1 2017.
- Funds reported $742M of NexTier Oilfield Solutions Inc. stock for Q2 2017, up 16% quarter-over-quarter.
- 28 funds opened new NexTier Oilfield Solutions Inc. positions in Q2 2017 and 29 closed out, a net change of -1 holder.
- The largest NexTier Oilfield Solutions Inc. buyer in Q2 2017 was Janus Henderson Group, an estimated $61.3M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q2 2017 was T. Rowe Price Associates, an estimated $29.7M sold.
Based on aggregated 13F filings for Q2 2017.