NexTier Oilfield Solutions Inc.
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.
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: 224 → 229 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cerberus Capital Management
New York
|
+$48.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$48M |
| 3 |
VanEck Associates
New York
|
+$22M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$19.8M |
| 5 |
Renaissance Technologies
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$36.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$9.39M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.94M |
| 4 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$8.27M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$7.15M |
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.