NextDecade
NEXT
46 hedge funds and large institutions have $606M invested in NextDecade in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 4 closing their positions.
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
59% more funds holding
Funds holding: 29 → 46 (+17)
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
33% more capital invested
Capital invested by funds: $456M → $606M (+$150M)
1.9% less ownership
Funds ownership: 88.58% → 86.68% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$3.46M |
| 2 |
BlackRock
New York
|
+$2.33M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$437K |
| 4 |
State Street
Boston,
Massachusetts
|
+$290K |
| 5 |
BHMP
Bardin Hill Management Partners
New York
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.93M |
| 2 |
GE
General Electric
Evendale,
Ohio
|
-$1.25M |
| 3 |
Millennium Management
New York
|
-$826K |
| 4 |
Goldman Sachs
New York
|
-$632K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$215K |
NEXT Hedge Fund Activity: Q2 2018 in Review
46 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q2 2018, worth a combined $606M — up 33% from $456M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NEXT positions and 4 closed out — a net gain of 17 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Perella Weinberg Partners Capital Management, adding an estimated $3.46M. The largest seller was Vanguard Group, cutting an estimated $3.93M.
- 46 institutional investors held NextDecade (NEXT) as of Q2 2018, up from 29 in Q1 2018.
- Funds reported $606M of NextDecade stock for Q2 2018, up 33% quarter-over-quarter.
- 21 funds opened new NextDecade positions in Q2 2018 and 4 closed out, a net change of +17 holders.
- The largest NextDecade buyer in Q2 2018 was Perella Weinberg Partners Capital Management, an estimated $3.46M added.
- The largest NextDecade seller in Q2 2018 was Vanguard Group, an estimated $3.93M sold.
Based on aggregated 13F filings for Q2 2018.