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NextDecade

106 hedge funds and large institutions have $593M invested in NextDecade in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 39 increasing their positions, 28 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,077% more call options, than puts

Call options by funds: $5.65M | Put options by funds: $480K

127% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 11

39% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 28

15% more funds holding

Funds holding: 92106 (+14)

4% more capital invested

Capital invested by funds: $570M → $593M (+$22.4M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.9% less ownership

Funds ownership: 79.95%78.04% (-1.9%)

Holders
106
Holders Change
+14
Holders Change %
+15.22%
% of All Funds
1.69%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
25
Increased
39
Reduced
28
Closed
11
Calls
$5.65M
Puts
$480K
Net Calls
+$5.17M
Net Calls Change
+$5.01M
Name Holding Trade Value Shares
Change
Change in
Stake
Pacer Advisors
26
Pacer Advisors
Pennsylvania
$1.02M +$224K +38,566 +23%
Marshall Wace
27
Marshall Wace
United Kingdom
$866K +$1.01M +174,323 New
Cohen & Steers
28
Cohen & Steers
New York
$866K +$36.5K +6,277 +4%
SG Americas Securities
29
SG Americas Securities
New York
$742K +$774K +133,242 +828%
Bank of America
30
Bank of America
North Carolina
$740K +$355K +61,180 +70%
Tudor Investment Corp
31
Tudor Investment Corp
Connecticut
$690K +$479K +82,529 +147%
Susquehanna International Group
32
Susquehanna International Group
Pennsylvania
$673K +$787K +135,402 New
GCM
33
Graham Capital Management
Connecticut
$600K +$701K +120,638 New
Bank of New York Mellon
34
Bank of New York Mellon
New York
$560K -$65.6K -11,289 -9%
AA
35
ALPS Advisors
Colorado
$559K +$53K +9,122 +9%
Swiss National Bank
36
Swiss National Bank
Switzerland
$542K -$57.5K -9,900 -8%
Charles Schwab
37
Charles Schwab
California
$518K -$32.2K -5,543 -5%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$506K -$346K -59,500 -37%
JGC
39
J. Goldman & Co
New York
$499K +$584K +100,500 New
N
40
Nuveen
North Carolina
$484K -$10.6K -1,818 -2%
Two Sigma Investments
41
Two Sigma Investments
New York
$474K -$510K -87,849 -48%
Barclays
42
Barclays
United Kingdom
$447K +$130K +22,314 +33%
Group One Trading
43
Group One Trading
Illinois
$389K -$1M -172,507 -69%
Russell Investments Group
44
Russell Investments Group
United Kingdom
$370K -$24.9K -4,292 -5%
CM
45
Caption Management
Oklahoma
$342K +$400K +68,806 New
Two Sigma Advisers
46
Two Sigma Advisers
New York
$339K -$31.4K -5,400 -7%
CS
47
Credit Suisse
Switzerland
$334K +$49.3K +8,490 +14%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$287K -$2.93K -504 -0.9%
JP Morgan Chase
49
JP Morgan Chase
New York
$284K +$65.8K +11,323 +25%
AQR Capital Management
50
AQR Capital Management
Connecticut
$280K -$73.9K -12,714 -18%

NEXT Hedge Fund Activity: Q1 2023 in Review

106 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q1 2023, worth a combined $593M — up 3.9% from $570M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new NEXT positions and 11 closed out — a net gain of 14 holders — while 39 added to existing stakes and 28 trimmed.

The largest buyer was Covalis Capital, adding an estimated $7.47M. The largest seller was PointState Capital, cutting an estimated $6.29M.

  • 106 institutional investors held NextDecade (NEXT) as of Q1 2023, up from 92 in Q4 2022.
  • Funds reported $593M of NextDecade stock for Q1 2023, up 3.9% quarter-over-quarter.
  • 25 funds opened new NextDecade positions in Q1 2023 and 11 closed out, a net change of +14 holders.
  • The largest NextDecade buyer in Q1 2023 was Covalis Capital, an estimated $7.47M added.
  • The largest NextDecade seller in Q1 2023 was PointState Capital, an estimated $6.29M sold.

Based on aggregated 13F filings for Q1 2023.