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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
D.E. Shaw & Co
76
D.E. Shaw & Co
New York
$155K +$116K +18,900 New
MIM
77
MetLife Investment Management
New Jersey
$140K
TRCT
78
Tower Research Capital (TRC)
New York
$133K +$89.9K +14,651 +939%
TCM
79
Traynor Capital Management
Pennsylvania
$132K +$98.5K +16,052 New
SSA
80
Schonfeld Strategic Advisors
New York
$129K +$96.3K +15,700 New
Deutsche Bank
81
Deutsche Bank
Germany
$128K -$52.7K -8,587 -35%
Wells Fargo
82
Wells Fargo
California
$123K +$36.5K +5,945 +66%
AIG
83
American International Group
New York
$121K -$16.6K -2,707 -16%
CC
84
Corton Capital
Ontario, Canada
$119K +$89.3K +14,552 New
Manulife (Manufacturers Life Insurance)
85
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$119K -$3.93K -640 -4%
Victory Capital Management
86
Victory Capital Management
Texas
$114K -$1.99K -324 -2%
LPL Financial
87
LPL Financial
California
$108K +$1.59K +260 +2%
Mirae Asset Global Investments
88
Mirae Asset Global Investments
South Korea
$105K
VOYA Investment Management
89
VOYA Investment Management
Georgia
$104K +$3.76K +613 +5%
Zurich Cantonal Bank
90
Zurich Cantonal Bank
Switzerland
$102K
Royal Bank of Canada
91
Royal Bank of Canada
Ontario, Canada
$101K +$25.7K +4,185 +53%
EGM
92
Engineers Gate Manager
New York
$91.1K +$276 +45 +0.4%
CAPTRUST Financial Advisors
93
CAPTRUST Financial Advisors
North Carolina
$89K +$1.96K +319 +3%
GI
94
Gradient Investments
Minnesota
$82.3K
BNP Paribas Financial Markets
95
BNP Paribas Financial Markets
France
$69.6K +$4.3K +701 +9%
LSA
96
Leonteq Securities AG
Switzerland
$59.2K +$44.2K +7,207 New
AB
97
Amalgamated Bank
New York
$39K +$466 +76 +2%
Fidelity Investments
98
Fidelity Investments
Massachusetts
$23K +$10.5K +1,707 +157%
AIP
99
Ameritas Investment Partners
Nebraska
$19K
MLICM
100
Metropolitan Life Insurance Company (MetLife)
New York
$16.1K

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.