NextDecade
NEXT
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.
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: 6 → 7 (+1)
14% more funds holding
Funds holding: 144 → 164 (+20)
2.63% less ownership
Funds ownership: 52.3% → 49.68% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$40M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$10.8M |
| 3 |
Millennium Management
New York
|
+$5.92M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$5.04M |
| 5 |
Goldman Sachs
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Lasry Marc
|
-$38.7M |
| 2 |
Morgan Stanley
New York
|
-$25.8M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$18.8M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$12M |
| 5 |
YCM
Yaupon Capital Management
New York
|
-$11.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CHAM
176
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$98.9K | -21,000 | Closed |
|
|
CHJWM
177
Carlton Hofferkamp & Jenks Wealth Management
The Woodlands,
Texas
| – | -$78.1K | -14,245 | Closed |
|
|
CC
178
Corton Capital
Carrying Place,
Ontario, Canada
| – | -$63.5K | -13,491 | Closed |
|
|
DFCM
179
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$56.6K | -12,018 | Closed |
|
|
TS
180
Twin Securities
New York
| – | -$52K | -11,042 | Closed |
|
|
DRZID
181
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| – | -$51.8K | -11,000 | Closed |
|
182
Principal Financial Group
Des Moines,
Iowa
| – | -$50.9K | -10,810 | Closed |
|
|
ACM
183
Aster Capital Management
Dubai,
United Arab Emirates
| – | -$5.37K | -1,140 | Closed |
|
|
C
184
Covestor
London,
United Kingdom
| – | +$6 | +1 | +6% |
|
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.