NextDecade
NEXT
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.
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: 92 → 106 (+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: 4 → 4 (0)
1.9% less ownership
Funds ownership: 79.95% → 78.04% (-1.9%)
Top Buyers
| 1 |
CC
Covalis Capital
London,
United Kingdom
|
+$7.47M |
| 2 |
Jennison Associates
New York
|
+$7.02M |
| 3 |
RC
Riposte Capital
New York
|
+$5.48M |
| 4 |
SCM
SIR Capital Management
New York
|
+$3.95M |
| 5 |
YCM
Yaupon Capital Management
New York
|
+$2.08M |
Top Sellers
| 1 |
PC
PointState Capital
New York
|
-$6.29M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.87M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3.64M |
| 4 |
Millennium Management
New York
|
-$3.54M |
| 5 |
Goldman Sachs
New York
|
-$2.77M |
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.