NextDecade
NEXT
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.
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: 3 → 4 (+1)
22% more funds holding
Funds holding: 49 → 60 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$972K |
| 2 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
+$556K |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$512K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$444K |
| 5 |
IA
IndexIQ Advisors
New York
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.31M |
| 2 |
BlackRock
New York
|
-$116K |
| 3 |
Charles Schwab
San Francisco,
California
|
-$64.3K |
| 4 |
State Street
Boston,
Massachusetts
|
-$59.8K |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$55.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
51
Meeder Asset Management
Dublin,
Ohio
| $14K | +$12.7K | +5,730 | New |
|
52
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $13K | +$11.1K | +5,000 | New |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7K | +$956 | +430 | +18% |
|
54
Legal & General Group
London,
United Kingdom
| $5K | – | – | – |
|
55
Citigroup
New York
| $4K | -$12.1K | -5,435 | -79% |
|
|
PAM
56
Panagora Asset Management
Boston,
Massachusetts
| $3K | – | – | – |
|
57
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | -$5.91K | -2,657 | -81% |
|
|
AIP
58
Ameritas Investment Partners
Lincoln,
Nebraska
| $2K | – | – | – |
|
|
AIG
59
American International Group
New York
| $33 | +$71 | +32 | +0.3% |
|
|
SO
60
STRS Ohio
Columbus,
Ohio
| – | -$50K | -24,100 | Closed |
|
61
VOYA Investment Management
Atlanta,
Georgia
| – | -$23K | -11,014 | Closed |
|
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.