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NEX

NexTier Oilfield Solutions Inc.

Delisted

NEX was delisted on the 31st of August, 2023.

229 hedge funds and large institutions have $1.82B invested in NexTier Oilfield Solutions Inc. in 2022 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 91 increasing their positions, 71 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,345% more call options, than puts

Call options by funds: $23.1M | Put options by funds: $1.6M

32% more capital invested

Capital invested by funds: $1.37B → $1.82B (+$445M)

28% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 71

24% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 34

2% more funds holding

Funds holding: 224229 (+5)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
229
Holders Change
+5
Holders Change %
+2.23%
% of All Funds
3.68%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
42
Increased
91
Reduced
71
Closed
34
Calls
$23.1M
Puts
$1.6M
Net Calls
+$21.5M
Net Calls Change
+$12.6M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1
Cerberus Capital Management
New York
$299M +$48.1M +4,912,012 +18%
Vanguard Group
2
Vanguard Group
Pennsylvania
$192M +$7.14M +729,423 +4%
BlackRock
3
BlackRock
New York
$121M +$8.18M +836,120 +7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$120M +$7.91M +808,876 +7%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$94.5M -$227K -23,197 -0.2%
VanEck Associates
6
VanEck Associates
New York
$72.5M +$22M +2,246,804 +40%
Citadel Advisors
7
Citadel Advisors
Florida
$53.8M +$2.24M +228,960 +4%
State Street
8
State Street
Massachusetts
$45.9M +$2.78M +284,493 +6%
Macquarie Group
9
Macquarie Group
Australia
$45.4M +$48M +4,911,103 +109,770%
Goldman Sachs
10
Goldman Sachs
New York
$43.1M +$1.88M +192,076 +4%
Fisher Asset Management
11
Fisher Asset Management
Washington
$41.1M +$1.36M +138,928 +3%
Boston Partners
12
Boston Partners
Massachusetts
$39.9M +$9.15M +934,921 +28%
GF
13
Greenhouse Funds
Maryland
$30.8M +$6.69M +683,785 +26%
ACB
14
Aristotle Capital Boston
Massachusetts
$30.8M -$1.21M -123,884 -4%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$28.2M -$4.05M -414,108 -12%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$27.4M +$1.03M +105,127 +4%
Westfield Capital Management
17
Westfield Capital Management
Massachusetts
$27.2M +$1.16M +118,989 +4%
Point72 Asset Management
18
Point72 Asset Management
Connecticut
$25.5M +$19.8M +2,022,019 +274%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$24.4M +$2.6M +265,500 +11%
Renaissance Technologies
20
Renaissance Technologies
New York
$23.1M +$13.2M +1,346,156 +116%
Invesco
21
Invesco
Georgia
$22.8M +$7.38M +754,658 +44%
Principal Financial Group
22
Principal Financial Group
Iowa
$22.4M +$941K +96,175 +4%
Charles Schwab
23
Charles Schwab
California
$17.7M -$1.89M -193,396 -9%
SCM
24
SIR Capital Management
New York
$16.2M +$4.75M +485,429 +38%
Northern Trust
25
Northern Trust
Illinois
$15.7M +$296K +30,257 +2%

NEX Hedge Fund Activity: Q4 2022 in Review

229 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q4 2022, worth a combined $1.82B — up 32% from $1.37B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new NEX positions and 34 closed out — a net gain of 8 holders — while 91 added to existing stakes and 71 trimmed.

The largest buyer was Cerberus Capital Management, adding an estimated $48.1M. The largest seller was Millennium Management, cutting an estimated $36.6M.

  • 229 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q4 2022, up from 224 in Q3 2022.
  • Funds reported $1.82B of NexTier Oilfield Solutions Inc. stock for Q4 2022, up 32% quarter-over-quarter.
  • 42 funds opened new NexTier Oilfield Solutions Inc. positions in Q4 2022 and 34 closed out, a net change of +8 holders.
  • The largest NexTier Oilfield Solutions Inc. buyer in Q4 2022 was Cerberus Capital Management, an estimated $48.1M added.
  • The largest NexTier Oilfield Solutions Inc. seller in Q4 2022 was Millennium Management, an estimated $36.6M sold.

Based on aggregated 13F filings for Q4 2022.