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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 $1.89B invested in NexTier Oilfield Solutions Inc. in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 79 increasing their positions, 86 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

189% more call options, than puts

Call options by funds: $4.65M | Put options by funds: $1.61M

4% more capital invested

Capital invested by funds: $1.81B → $1.89B (+$71M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

8% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 86

7% less funds holding

Funds holding: 245229 (-16)

29% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 48

Holders
229
Holders Change
-16
Holders Change %
-6.53%
% of All Funds
3.6%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
34
Increased
79
Reduced
86
Closed
48
Calls
$4.65M
Puts
$1.61M
Net Calls
+$3.05M
Net Calls Change
-$3.77M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1
Cerberus Capital Management
New York
$245M
BlackRock
2
BlackRock
New York
$237M +$2.14M +259,567 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$190M -$15.3M -1,860,798 -8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$139M -$15.4M -1,867,774 -11%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$81.5M -$5.29M -641,261 -7%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$78.4M +$8.69M +1,053,266 +14%
Macquarie Group
7
Macquarie Group
Australia
$71M +$2.72M +329,737 +4%
State Street
8
State Street
Massachusetts
$67.8M -$6.35M -770,382 -9%
Principal Financial Group
9
Principal Financial Group
Iowa
$58.7M -$8.78M -1,064,908 -14%
GF
10
Greenhouse Funds
Maryland
$49.3M +$10.8M +1,305,437 +31%
Citadel Advisors
11
Citadel Advisors
Florida
$45.1M -$9.48M -1,150,009 -19%
VanEck Associates
12
VanEck Associates
New York
$41.3M -$14.4M -1,742,983 -27%
Fisher Asset Management
13
Fisher Asset Management
Washington
$35.8M +$1.12M +135,707 +4%
Invesco
14
Invesco
Georgia
$34.5M -$640K -77,595 -2%
Pacer Advisors
15
Pacer Advisors
Pennsylvania
$30.9M +$9.96M +1,207,662 +54%
ACB
16
Aristotle Capital Boston
Massachusetts
$30.9M +$706K +85,645 +3%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$30.2M +$2.19M +265,462 +9%
Westfield Capital Management
18
Westfield Capital Management
Massachusetts
$29.9M +$2.41M +292,660 +10%
Goldman Sachs
19
Goldman Sachs
New York
$28.8M -$7.13M -864,017 -21%
Boston Partners
20
Boston Partners
Massachusetts
$23.9M -$21.1M -2,557,034 -50%
Charles Schwab
21
Charles Schwab
California
$19.4M +$407K +49,392 +2%
American Century Companies
22
American Century Companies
Missouri
$18.6M +$2.49M +301,777 +17%
Northern Trust
23
Northern Trust
Illinois
$18.4M +$1.59M +192,216 +10%
Morgan Stanley
24
Morgan Stanley
New York
$14.7M -$7.25M -879,386 -35%
JP Morgan Chase
25
JP Morgan Chase
New York
$14.4M +$2.29M +277,578 +21%

NEX Hedge Fund Activity: Q2 2023 in Review

229 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in NexTier Oilfield Solutions Inc. (NEX) for Q2 2023, worth a combined $1.89B — up 3.9% from $1.81B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of NEX and 34 opened new positions — a net loss of 14 holders — while 86 trimmed existing stakes and 79 added.

The largest buyer was Greenhouse Funds, adding an estimated $10.8M. The largest seller was Boston Partners, cutting an estimated $21.1M.

  • 229 institutional investors held NexTier Oilfield Solutions Inc. (NEX) as of Q2 2023, down from 245 in Q1 2023.
  • Funds reported $1.89B of NexTier Oilfield Solutions Inc. stock for Q2 2023, up 3.9% quarter-over-quarter.
  • 34 funds opened new NexTier Oilfield Solutions Inc. positions in Q2 2023 and 48 closed out, a net change of -14 holders.
  • The largest NexTier Oilfield Solutions Inc. buyer in Q2 2023 was Greenhouse Funds, an estimated $10.8M added.
  • The largest NexTier Oilfield Solutions Inc. seller in Q2 2023 was Boston Partners, an estimated $21.1M sold.

Based on aggregated 13F filings for Q2 2023.