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NextDecade

164 hedge funds and large institutions have $997M invested in NextDecade in 2024 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 72 increasing their positions, 34 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

212% more call options, than puts

Call options by funds: $46.9M | Put options by funds: $15.1M

112% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 34

105% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 19

56% more capital invested

Capital invested by funds: $639M → $997M (+$358M)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

14% more funds holding

Funds holding: 144164 (+20)

2.63% less ownership

Funds ownership: 52.3%49.68% (-2.6%)

Holders
164
Holders Change
+20
Holders Change %
+13.89%
% of All Funds
2.16%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
39
Increased
72
Reduced
34
Closed
19
Calls
$46.9M
Puts
$15.1M
Net Calls
+$31.9M
Net Calls Change
+$15.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
101
Two Sigma Investments
New York
$253K +$29.5K +4,605 +16%
ProShare Advisors
102
ProShare Advisors
Maryland
$251K -$71.3K -11,134 -25%
First Manhattan
103
First Manhattan
New York
$228K
KK
104
KLP Kapitalforvaltning
Norway
$221K +$184K +28,700 New
PFSRSONJ
105
Police & Firemen's Retirement System of New Jersey
New Jersey
$218K +$181K +28,278 New
GCP
106
GSA Capital Partners
United Kingdom
$214K +$178K +27,785 New
OAC
107
OMERS Administration Corp
Ontario, Canada
$201K +$167K +26,100 New
Zurich Cantonal Bank
108
Zurich Cantonal Bank
Switzerland
$199K +$85.5K +13,347 +107%
FGP
109
Freestone Grove Partners
California
$185K +$154K +23,990 New
Victory Capital Management
110
Victory Capital Management
Texas
$157K -$2.8K -437 -2%
State Board of Administration of Florida Retirement System
111
State Board of Administration of Florida Retirement System
Florida
$156K
OF
112
Optimize Financial
California
$152K +$126K +19,653 New
Marshall Wace
113
Marshall Wace
United Kingdom
$139K +$115K +17,972 New
BNP Paribas Financial Markets
114
BNP Paribas Financial Markets
France
$135K -$270K -42,158 -71%
AIP
115
ARS Investment Partners
New York
$124K +$103K +16,101 New
Wealth Enhancement Advisory Services
116
Wealth Enhancement Advisory Services
Minnesota
$124K -$1.77K -276 -2%
Mariner
117
Mariner
Kansas
$122K +$16.6K +2,592 +20%
Kovitz Investment Group Partners
118
Kovitz Investment Group Partners
Illinois
$119K -$91.8K -14,336 -48%
Vontobel Holding
119
Vontobel Holding
Switzerland
$106K -$7.71K -1,205 -8%
HSBC Holdings
120
HSBC Holdings
United Kingdom
$100K -$2.52K -394 -3%
QC
121
Quadrature Capital
United Kingdom
$98.9K +$82.1K +12,816 New
SIP
122
Stoneridge Investment Partners
Pennsylvania
$91K +$75.4K +11,776 New
AIP
123
Ameritas Investment Partners
Nebraska
$87.3K
ACM
124
Aquatic Capital Management
Illinois
$83.6K +$69.4K +10,838 New
CWM
125
CIBC World Markets
New York
$83.4K +$69.3K +10,820 New

NEXT Hedge Fund Activity: Q4 2024 in Review

164 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q4 2024, worth a combined $997M — up 56% from $639M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new NEXT positions and 19 closed out — a net gain of 20 holders — while 72 added to existing stakes and 34 trimmed.

The largest buyer was Wolf Hill Capital Management, adding an estimated $40M. The largest seller was Lasry Marc, cutting an estimated $38.7M.

  • 164 institutional investors held NextDecade (NEXT) as of Q4 2024, up from 144 in Q3 2024.
  • Funds reported $997M of NextDecade stock for Q4 2024, up 56% quarter-over-quarter.
  • 39 funds opened new NextDecade positions in Q4 2024 and 19 closed out, a net change of +20 holders.
  • The largest NextDecade buyer in Q4 2024 was Wolf Hill Capital Management, an estimated $40M added.
  • The largest NextDecade seller in Q4 2024 was Lasry Marc, an estimated $38.7M sold.

Based on aggregated 13F filings for Q4 2024.