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NextDecade

108 hedge funds and large institutions have $963M invested in NextDecade in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

595% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $1.69M

62% more capital invested

Capital invested by funds: $593M → $963M (+$370M)

14% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 35

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

2% more funds holding

Funds holding: 106108 (+2)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.16% less ownership

Funds ownership: 78.04%77.88% (-0.16%)

Holders
108
Holders Change
+2
Holders Change %
+1.89%
% of All Funds
1.7%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
18
Increased
40
Reduced
35
Closed
16
Calls
$11.7M
Puts
$1.69M
Net Calls
+$10M
Net Calls Change
+$4.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$2.9M -$200K -32,517 -8%
Tudor Investment Corp
27
Tudor Investment Corp
Connecticut
$2.73M +$1.19M +193,179 +139%
Bank of America
28
Bank of America
North Carolina
$2.66M +$1.08M +175,728 +118%
PI
29
PEAK6 Investments
Illinois
$2.38M +$1.5M +243,899 +525%
Swiss National Bank
30
Swiss National Bank
Switzerland
$1.21M +$236K +38,400 +35%
JF
31
Jump Financial
Illinois
$1.19M +$886K +144,358 New
Invesco
32
Invesco
Georgia
$1.16M +$768K +125,104 +772%
CS
33
Credit Suisse
Switzerland
$1.05M +$369K +60,206 +90%
Pacer Advisors
34
Pacer Advisors
Pennsylvania
$1.01M -$505K -82,252 -40%
Cohen & Steers
35
Cohen & Steers
New York
$941K -$365K -59,506 -34%
N
36
Nuveen
North Carolina
$931K +$98.2K +16,005 +16%
Citigroup
37
Citigroup
New York
$912K +$466K +75,927 +216%
Renaissance Technologies
38
Renaissance Technologies
New York
$911K +$681K +111,000 New
Jane Street
39
Jane Street
New York
$864K +$550K +89,606 +572%
AA
40
ALPS Advisors
Colorado
$848K -$56.7K -9,241 -8%
Bank of New York Mellon
41
Bank of New York Mellon
New York
$843K -$61.6K -10,033 -9%
AllianceBernstein
42
AllianceBernstein
Tennessee
$835K +$320K +52,140 +105%
Charles Schwab
43
Charles Schwab
California
$818K -$28.9K -4,711 -5%
Simplex Trading
44
Simplex Trading
Illinois
$804K +$283K +46,060 +89%
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
$779K -$248K -40,471 -30%
Barclays
46
Barclays
United Kingdom
$727K -$8.11K -1,321 -1%
OQS
47
Occudo Quantitative Strategies
Florida
$656K +$389K +63,480 +385%
FWIA
48
Fort Washington Investment Advisors
Ohio
$645K +$482K +78,617 New
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$573K +$73.8K +12,027 +21%
CM
50
Caption Management
Oklahoma
$529K -$27K -4,406 -6%

NEXT Hedge Fund Activity: Q2 2023 in Review

108 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q2 2023, worth a combined $963M — up 62% from $593M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NEXT positions and 16 closed out — a net gain of 2 holders — while 40 added to existing stakes and 35 trimmed.

The largest buyer was Millennium Management, adding an estimated $8.75M. The largest seller was Rokos Capital Management (UK), exiting entirely with an estimated $10.1M sold.

  • 108 institutional investors held NextDecade (NEXT) as of Q2 2023, up from 106 in Q1 2023.
  • Funds reported $963M of NextDecade stock for Q2 2023, up 62% quarter-over-quarter.
  • 18 funds opened new NextDecade positions in Q2 2023 and 16 closed out, a net change of +2 holders.
  • The largest NextDecade buyer in Q2 2023 was Millennium Management, an estimated $8.75M added.
  • The largest NextDecade seller in Q2 2023 was Rokos Capital Management (UK), an estimated $10.1M sold.

Based on aggregated 13F filings for Q2 2023.