NexTier Oilfield Solutions Inc.
NEX was delisted on the 31st of August, 2023.
224 hedge funds and large institutions have $1.37B invested in NexTier Oilfield Solutions Inc. in 2022 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 90 increasing their positions, 65 reducing their positions, and 23 closing their positions.
127% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $7.03M
83% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 23
38% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 65
9% more funds holding
Funds holding: 206 → 224 (+18)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
21% less capital invested
Capital invested by funds: $1.73B → $1.37B (-$360M)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$38.2M |
| 2 |
Millennium Management
New York
|
+$19.3M |
| 3 |
Goldman Sachs
New York
|
+$13.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.8M |
| 5 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$7.01M |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$91M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$79.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$10.6M |
| 4 |
VanEck Associates
New York
|
-$10.5M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$10.5M |
NEX Hedge Fund Activity: Q3 2022 in Review
224 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q3 2022, worth a combined $1.37B — down 21% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new NEX positions and 23 closed out — a net gain of 19 holders — while 90 added to existing stakes and 65 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $38.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $91M.
- 224 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q3 2022, up from 206 in Q2 2022.
- Funds reported $1.37B of NexTier Oilfield Solutions Inc. stock for Q3 2022, down 21% quarter-over-quarter.
- 42 funds opened new NexTier Oilfield Solutions Inc. positions in Q3 2022 and 23 closed out, a net change of +19 holders.
- The largest NexTier Oilfield Solutions Inc. buyer in Q3 2022 was Citadel Advisors, an estimated $38.2M added.
- The largest NexTier Oilfield Solutions Inc. seller in Q3 2022 was T. Rowe Price Associates, an estimated $91M sold.
Based on aggregated 13F filings for Q3 2022.