NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
205 hedge funds and large institutions have $1.74B invested in NexTier Oilfield Solutions Inc. in 2022 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 69 increasing their positions, 67 reducing their positions, and 20 closing their positions.
155% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 20
16% more funds holding
Funds holding: 177 → 205 (+28)
3% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 67
5% less capital invested
Capital invested by funds: $1.84B → $1.74B (-$100M)
33% less call options, than puts
Call options by funds: $17.8M | Put options by funds: $26.4M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.5M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$23.3M |
| 3 |
Millennium Management
New York
|
+$21.2M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.2M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cerberus Capital Management
New York
|
-$62.3M |
| 2 |
Pzena Investment Management
New York
|
-$38.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$32.1M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$17.4M |
| 5 |
VanEck Associates
New York
|
-$12.8M |
NEX Hedge Fund Activity: Q2 2022 in Review
205 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q2 2022, worth a combined $1.74B — down 5.5% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new NEX positions and 20 closed out — a net gain of 31 holders — while 69 added to existing stakes and 67 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $45.5M. The largest seller was Cerberus Capital Management, cutting an estimated $62.3M.
- 205 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q2 2022, up from 177 in Q1 2022.
- Funds reported $1.74B of NexTier Oilfield Solutions Inc. stock for Q2 2022, down 5.5% quarter-over-quarter.
- 51 funds opened new NexTier Oilfield Solutions Inc. positions in Q2 2022 and 20 closed out, a net change of +31 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q2 2022 was Fidelity Investments, an estimated $45.5M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q2 2022 was Cerberus Capital Management, an estimated $62.3M sold.
Based on aggregated 13F filings for Q2 2022.