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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
JP Morgan Chase
51
JP Morgan Chase
New York
$511K +$30.1K +4,914 +9%
Belvedere Trading
52
Belvedere Trading
Illinois
$416K +$311K +50,636 New
RhumbLine Advisers
53
RhumbLine Advisers
Massachusetts
$414K -$11K -1,790 -3%
WMSA
54
Weiss Multi-Strategy Advisers
New York
$413K +$1.01K +164 +0.3%
Legal & General Group
55
Legal & General Group
United Kingdom
$396K +$180K +29,309 +155%
JGC
56
J. Goldman & Co
New York
$392K -$323K -52,725 -52%
NRD
57
Nebula Research & Development
New York
$363K +$271K +44,247 New
New York State Common Retirement Fund
58
New York State Common Retirement Fund
New York
$362K -$354K -57,754 -57%
Walleye Trading
59
Walleye Trading
New York
$357K +$267K +43,448 New
Two Sigma Investments
60
Two Sigma Investments
New York
$341K -$330K -53,864 -56%
AQR Capital Management
61
AQR Capital Management
Connecticut
$272K -$142K -23,216 -41%
Marshall Wace
62
Marshall Wace
United Kingdom
$269K -$869K -141,568 -81%
Squarepoint
63
Squarepoint
New York
$242K +$181K +29,524 New
Blackstone Inc
64
Blackstone Inc
New York
$233K
Vontobel Holding
65
Vontobel Holding
Switzerland
$227K -$99K -16,134 -37%
QT
66
Quantamental Technologies
New York
$213K +$159K +25,888 New
CSS
67
Cubist Systematic Strategies
Connecticut
$206K +$154K +25,123 New
Russell Investments Group
68
Russell Investments Group
United Kingdom
$200K -$307K -49,971 -67%
Janus Henderson Group
69
Janus Henderson Group
United Kingdom
$196K +$1.91K +311 +1%
UBS AM
70
UBS AM
Illinois
$195K
VRS
71
Virginia Retirement Systems
Virginia
$170K -$15.3K -2,500 -11%
AIM
72
Aigen Investment Management
New York
$168K +$126K +20,505 New
RJFSA
73
Raymond James Financial Services Advisors
Florida
$166K -$184 -30 -0.1%
Commonwealth Equity Services
74
Commonwealth Equity Services
Massachusetts
$165K +$26.6K +4,340 +27%
ASRS
75
Arizona State Retirement System
Arizona
$156K +$26.9K +4,389 +30%

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.