We are live on ! Find out more
NEXT icon

NextDecade
NEXT

17 hedge funds and large institutions have $81M invested in NextDecade in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 1

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

6% more funds holding

Funds holding: 16 → 17 (+1)

6% more capital invested

Capital invested by funds: $76.5M → $81M (+$4.53M)

Holders
17
Holders Change
+1
Holders Change %
+6.25%
% of All Funds
0.45%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
4
Reduced
1
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$3.46M
2
Hudson Bay Capital Management
Hudson Bay Capital Management
Connecticut
+$2.99M
3
BCM
Basso Capital Management
Connecticut
+$199K
4
UBS Group
UBS Group
Switzerland
+$5.98K
5
Morgan Stanley
Morgan Stanley
New York
+$1.01K

Top Sellers

Rank Fund Capital Flow
1
GCL
Glazer Capital LLC
New York
-$2.98M
2
BA
BlackRock Advisors
Delaware
-$2K
Name Holding Trade Value Shares
Change 		Change in
Stake
KIM
1
Karpus Investment Management
New York
$19M +$3.46M +347,576 +22%
PAMP
2
Polar Asset Management Partners
Ontario, Canada
$12.7M – – –
FTCM
3
Fir Tree Capital Management
New York
$11.8M – – –
Hudson Bay Capital Management
4
Hudson Bay Capital Management
Connecticut
$10M +$2.99M +300,000 +43%
KPF
5
K2 Principal Fund
Ontario, Canada
$9.03M – – –
WRBC
6
W.R. Berkley Corp
Connecticut
$6.95M – – –
GCL
7
Glazer Capital LLC
New York
$4.32M -$2.98M -298,830 -41%
WAM
8
Weiss Asset Management
Massachusetts
$2.66M – – –
BHMP
9
Bardin Hill Management Partners
New York
$2.16M – – –
BCM
10
Basso Capital Management
Connecticut
$902K +$199K +20,000 +29%
YCM
11
Yakira Capital Management
Connecticut
$898K – – –
OAM
12
Oxford Asset Management
United Kingdom
$401K – – –
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$165K – – –
TRCT
14
Tower Research Capital (TRC)
New York
$6K +$996 +100 +19%
UBS Group
15
UBS Group
Switzerland
$6K +$5.98K +600 New
CP
16
Covalent Partners
Massachusetts
$2K – – –
Morgan Stanley
17
Morgan Stanley
New York
$1K +$1.01K +101 New
BA
18
BlackRock Advisors
Delaware
– -$2K -177 Closed

NEXT Hedge Fund Activity: Q2 2016 in Review

17 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q2 2016, worth a combined $81M — up 5.9% from $76.5M a quarter earlier.

Buyers outnumbered sellers: 2 funds opened new NEXT positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 1 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $3.46M. The largest seller was Glazer Capital LLC, cutting an estimated $2.98M.

  • 17 institutional investors held NextDecade (NEXT) as of Q2 2016, up from 16 in Q1 2016.
  • Funds reported $81M of NextDecade stock for Q2 2016, up 5.9% quarter-over-quarter.
  • 2 funds opened new NextDecade positions in Q2 2016 and 1 closed out, a net change of +1 holder.
  • The largest NextDecade buyer in Q2 2016 was Karpus Investment Management, an estimated $3.46M added.
  • The largest NextDecade seller in Q2 2016 was Glazer Capital LLC, an estimated $2.98M sold.

Based on aggregated 13F filings for Q2 2016.