NextDecade
NEXT
17 hedge funds and large institutions have $94.4M invested in NextDecade in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
367% more capital inflows, than outflows
Capital inflows: $15.7M | Capital outflows: $3.37M
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8.06% more ownership
Funds ownership: 54.85% → 62.91% (+8.1%)
6% more funds holding
Funds holding: 16 → 17 (+1)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$9.3M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$2.79M |
| 3 |
Cowen Inc
New York
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Weiss Asset Management
Boston,
Massachusetts
|
-$2.66M |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
-$646K |
| 3 |
Glazer Capital LLC
New York
|
-$56.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.54K |
| 5 |
Tower Research Capital (TRC)
New York
|
-$3K |
NEXT Hedge Fund Activity: Q4 2016 in Review
17 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q4 2016, worth a combined $94.4M — up 16% from $81.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NEXT positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was TD Asset Management, opening a new position worth an estimated $9.3M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.66M sold.
- 17 institutional investors held NextDecade (NEXT) as of Q4 2016, up from 16 in Q3 2016.
- Funds reported $94.4M of NextDecade stock for Q4 2016, up 16% quarter-over-quarter.
- 3 funds opened new NextDecade positions in Q4 2016 and 2 closed out, a net change of +1 holder.
- The largest NextDecade buyer in Q4 2016 was TD Asset Management, an estimated $9.3M added.
- The largest NextDecade seller in Q4 2016 was Weiss Asset Management, an estimated $2.66M sold.
Based on aggregated 13F filings for Q4 2016.