NextDecade
NEXT
112 hedge funds and large institutions have $828M invested in NextDecade in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 56 increasing their positions, 22 reducing their positions, and 22 closing their positions.
326% more call options, than puts
Call options by funds: $9.67M | Put options by funds: $2.27M
155% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 22
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
14% more capital invested
Capital invested by funds: $725M → $828M (+$103M)
9.02% more ownership
Funds ownership: 58.63% → 67.64% (+9%)
4% less funds holding
Funds holding: 117 → 112 (-5)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
Top Buyers
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$55.1M |
| 2 |
Morgan Stanley
New York
|
+$22.8M |
| 3 |
BlackRock
New York
|
+$12.4M |
| 4 |
TC
Teilinger Capital
Houston,
Texas
|
+$8.85M |
| 5 |
YCM
Yaupon Capital Management
New York
|
+$7.56M |
Top Sellers
| 1 |
VM
Valinor Management
New York
|
-$12.9M |
| 2 |
BHMP
Bardin Hill Management Partners
New York
|
-$12.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.89M |
| 4 |
Jennison Associates
New York
|
-$5.03M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.17M |
NEXT Hedge Fund Activity: Q4 2023 in Review
112 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q4 2023, worth a combined $828M — up 14% from $725M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NEXT and 19 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 56 added.
The largest buyer was York Capital Management Global Advisors, adding an estimated $55.1M. The largest seller was Valinor Management, cutting an estimated $12.9M.
- 112 institutional investors held NextDecade (NEXT) as of Q4 2023, down from 117 in Q3 2023.
- Funds reported $828M of NextDecade stock for Q4 2023, up 14% quarter-over-quarter.
- 19 funds opened new NextDecade positions in Q4 2023 and 22 closed out, a net change of -3 holders.
- The largest NextDecade buyer in Q4 2023 was York Capital Management Global Advisors, an estimated $55.1M added.
- The largest NextDecade seller in Q4 2023 was Valinor Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2023.