NextDecade
NEXT
85 hedge funds and large institutions have $385M invested in NextDecade in 2022 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 13 closing their positions.
566% more call options, than puts
Call options by funds: $4.55M | Put options by funds: $683K
162% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 13
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
31% more funds holding
Funds holding: 65 → 85 (+20)
3.44% more ownership
Funds ownership: 64.22% → 67.66% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
17% less capital invested
Capital invested by funds: $466M → $385M (-$80.8M)
Top Buyers
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$18.5M |
| 2 |
BlackRock
New York
|
+$7.82M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.55M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.74M |
| 5 |
CC
Covalis Capital
London,
United Kingdom
|
+$2.37M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$1.91M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.82M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.77M |
| 4 |
SA
SL Advisors
Westfield,
New Jersey
|
-$1.58M |
| 5 |
Citigroup
New York
|
-$1.35M |
NEXT Hedge Fund Activity: Q2 2022 in Review
85 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q2 2022, worth a combined $385M — down 17% from $466M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NEXT positions and 13 closed out — a net gain of 21 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was York Capital Management Global Advisors, adding an estimated $18.5M. The largest seller was Morgan Stanley, cutting an estimated $1.91M.
- 85 institutional investors held NextDecade (NEXT) as of Q2 2022, up from 65 in Q1 2022.
- Funds reported $385M of NextDecade stock for Q2 2022, down 17% quarter-over-quarter.
- 34 funds opened new NextDecade positions in Q2 2022 and 13 closed out, a net change of +21 holders.
- The largest NextDecade buyer in Q2 2022 was York Capital Management Global Advisors, an estimated $18.5M added.
- The largest NextDecade seller in Q2 2022 was Morgan Stanley, an estimated $1.91M sold.
Based on aggregated 13F filings for Q2 2022.