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NextDecade

60 hedge funds and large institutions have $231M invested in NextDecade in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 3

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

22% more funds holding

Funds holding: 4960 (+11)

10% more capital invested

Capital invested by funds: $210M → $231M (+$20.8M)

0.16% less ownership

Funds ownership: 76.6%76.44% (-0.16%)

6% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 17

Holders
60
Holders Change
+11
Holders Change %
+22.45%
% of All Funds
1.05%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.07%
New
14
Increased
16
Reduced
17
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$116K +$76.6K +34,465 +373%
Dimensional Fund Advisors
27
Dimensional Fund Advisors
Texas
$115K +$49.8K +22,388 +108%
Morgan Stanley
28
Morgan Stanley
New York
$104K +$28.6K +12,857 +50%
Renaissance Technologies
29
Renaissance Technologies
New York
$101K +$83.8K +37,718 New
Goldman Sachs
30
Goldman Sachs
New York
$92K -$45.5K -20,468 -37%
California State Teachers Retirement System (CalSTRS)
31
California State Teachers Retirement System (CalSTRS)
California
$85K
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$84K +$333 +150 +0.5%
SA
33
SL Advisors
New Jersey
$83K +$69K +31,030 New
ACG
34
Aventail Capital Group
New York
$80K +$66.7K +30,000 New
Wells Fargo
35
Wells Fargo
California
$78K -$16.5K -7,440 -20%
Barclays
36
Barclays
United Kingdom
$77K +$49.2K +22,152 +327%
SFI
37
Susquehanna Fundamental Investments
Pennsylvania
$72K -$55.6K -25,035 -48%
Invesco
38
Invesco
Georgia
$61K +$1.32K +595 +3%
Squarepoint
39
Squarepoint
New York
$48K -$29.1K -13,087 -42%
Victory Capital Management
40
Victory Capital Management
Texas
$48K -$1.25K -560 -3%
TRCT
41
Tower Research Capital (TRC)
New York
$45K +$19.1K +8,601 +102%
SSA
42
Schonfeld Strategic Advisors
New York
$43K +$36K +16,200 New
PPA
43
Parametric Portfolio Associates
Washington
$39K -$2.41K -1,086 -7%
Deutsche Bank
44
Deutsche Bank
Germany
$37K -$2.83K -1,275 -8%
DRZID
45
DePrince Race & Zollo Inc (DRZ)
Florida
$32K -$25.6K -11,500 -49%
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$31K
HSBC Holdings
47
HSBC Holdings
United Kingdom
$30K +$25.2K +11,355 New
GI
48
Gradient Investments
Minnesota
$27K
BNP Paribas Financial Markets
49
BNP Paribas Financial Markets
France
$23.1K +$8.62K +3,879 +82%
UBS Group
50
UBS Group
Switzerland
$14K +$1.39K +623 +14%

NEXT Hedge Fund Activity: Q1 2021 in Review

60 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q1 2021, worth a combined $231M — up 9.9% from $210M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new NEXT positions and 3 closed out — a net gain of 11 holders — while 16 added to existing stakes and 17 trimmed.

The largest buyer was Millennium Management, adding an estimated $972K. The largest seller was Vanguard Group, cutting an estimated $1.31M.

  • 60 institutional investors held NextDecade (NEXT) as of Q1 2021, up from 49 in Q4 2020.
  • Funds reported $231M of NextDecade stock for Q1 2021, up 9.9% quarter-over-quarter.
  • 14 funds opened new NextDecade positions in Q1 2021 and 3 closed out, a net change of +11 holders.
  • The largest NextDecade buyer in Q1 2021 was Millennium Management, an estimated $972K added.
  • The largest NextDecade seller in Q1 2021 was Vanguard Group, an estimated $1.31M sold.

Based on aggregated 13F filings for Q1 2021.