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NEX

NexTier Oilfield Solutions Inc.

Delisted

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.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+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: 144135 (-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

Holders
135
Holders Change
-9
Holders Change %
-6.25%
% of All Funds
2.08%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
17
Increased
52
Reduced
44
Closed
24
Calls
$310K
Puts
$129K
Net Calls
+$181K
Net Calls Change
+$1.56M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1
Cerberus Capital Management
New York
$112M
TM
2
THRC Management
Texas
$72.2M +$85.2M +20,330,724 New
Vanguard Group
3
Vanguard Group
Pennsylvania
$65.8M +$18.6M +4,443,075 +32%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$61.3M -$3.42M -816,325 -5%
BlackRock
5
BlackRock
New York
$43.1M -$155K -37,084 -0.3%
Pzena Investment Management
6
Pzena Investment Management
New York
$29.4M -$20.3M -4,844,691 -37%
Russell Investments Group
7
Russell Investments Group
United Kingdom
$26M +$7.63M +1,822,786 +33%
Hotchkis & Wiley Capital Management
8
Hotchkis & Wiley Capital Management
California
$21.3M -$3.2M -764,253 -11%
Franklin Resources
9
Franklin Resources
California
$20.5M -$8.23M -1,964,940 -25%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$19.4M -$1.87M -446,670 -8%
State Street
11
State Street
Massachusetts
$16.2M -$955K -227,957 -5%
Fisher Asset Management
12
Fisher Asset Management
Washington
$15.8M +$6.32M +1,509,724 +51%
VanEck Associates
13
VanEck Associates
New York
$15.2M -$8.6M -2,053,013 -32%
ACB
14
Aristotle Capital Boston
Massachusetts
$13.8M -$574K -136,942 -3%
Boston Partners
15
Boston Partners
Massachusetts
$13.4M +$1.53M +365,275 +11%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$10.9M -$7.75M -1,849,771 -38%
Goldman Sachs
17
Goldman Sachs
New York
$10.1M -$4.03M -962,237 -25%
SCM
18
SIR Capital Management
New York
$9.87M +$8.19M +1,956,030 +238%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$9.65M +$1.19M +284,747 +12%
Charles Schwab
20
Charles Schwab
California
$8.45M +$1.12M +267,148 +13%
GCM
21
Glendon Capital Management
California
$7.84M
Wellington Management Group
22
Wellington Management Group
Massachusetts
$6.96M +$5.88M +1,405,062 +253%
JP Morgan Chase
23
JP Morgan Chase
New York
$6.92M +$488K +116,408 +6%
Northern Trust
24
Northern Trust
Illinois
$6.13M -$203K -48,373 -3%
MFIMFI
25
Mesirow Financial Investment Management - Fixed Income
Illinois
$6.09M +$7.19M +1,716,065 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.