NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
141 hedge funds and large institutions have $634M invested in NexTier Oilfield Solutions Inc. in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 45 reducing their positions, and 27 closing their positions.
481% more call options, than puts
Call options by funds: $151K | Put options by funds: $26K
24% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 45
0.35% more ownership
Funds ownership: 90.64% → 90.99% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
3% less funds holding
Funds holding: 145 → 141 (-4)
38% less capital invested
Capital invested by funds: $1.02B → $634M (-$384M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$15.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.49M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.17M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$6.97M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$22.6M |
| 2 |
Janus Henderson Group
London,
|
-$6.48M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$3.61M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.22M |
| 5 |
Goldman Sachs
New York
|
-$2.82M |
NEX Hedge Fund Activity: Q2 2019 in Review
141 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q2 2019, worth a combined $634M — down 38% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of NEX and 26 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 56 added.
The largest buyer was Nuveen, opening a new position worth an estimated $15.6M. The largest seller was Millennium Management, cutting an estimated $22.6M.
- 141 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q2 2019, down from 145 in Q1 2019.
- Funds reported $634M of NexTier Oilfield Solutions Inc. stock for Q2 2019, down 38% quarter-over-quarter.
- 26 funds opened new NexTier Oilfield Solutions Inc. positions in Q2 2019 and 27 closed out, a net change of -1 holder.
- The largest NexTier Oilfield Solutions Inc. buyer in Q2 2019 was Nuveen, an estimated $15.6M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q2 2019 was Millennium Management, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2019.