NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
138 hedge funds and large institutions have $613M invested in NexTier Oilfield Solutions Inc. in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 29 closing their positions.
41% more call options, than puts
Call options by funds: $130K | Put options by funds: $92K
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $634M → $613M (-$20.6M)
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
2% less funds holding
Funds holding: 141 → 138 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26.3M |
| 2 |
Renaissance Technologies
New York
|
+$13.1M |
| 3 |
Millennium Management
New York
|
+$8.24M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.23M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$9.92M |
| 2 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$6.8M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.46M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.41M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$4.41M |
NEX Hedge Fund Activity: Q3 2019 in Review
138 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q3 2019, worth a combined $613M — down 3.3% from $634M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NEX and 27 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 52 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $26.3M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $9.92M sold.
- 138 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q3 2019, down from 141 in Q2 2019.
- Funds reported $613M of NexTier Oilfield Solutions Inc. stock for Q3 2019, down 3.3% quarter-over-quarter.
- 27 funds opened new NexTier Oilfield Solutions Inc. positions in Q3 2019 and 29 closed out, a net change of -2 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q3 2019 was T. Rowe Price Associates, an estimated $26.3M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q3 2019 was Janus Henderson Group, an estimated $9.92M sold.
Based on aggregated 13F filings for Q3 2019.