NextDecade
NEXT
40 hedge funds and large institutions have $503M invested in NextDecade in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 5 reducing their positions, and 7 closing their positions.
280% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 5
0.58% more ownership
Funds ownership: 86.68% → 87.27% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
13% less funds holding
Funds holding: 46 → 40 (-6)
17% less capital invested
Capital invested by funds: $606M → $503M (-$104M)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$4.31M |
| 2 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$850K |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$656K |
| 4 |
VM
Valinor Management
New York
|
+$561K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$95.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$222K |
| 2 |
Charles Schwab
San Francisco,
California
|
-$190K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$80K |
| 4 |
TA
Teachers Advisors
New York
|
-$72K |
| 5 |
Morgan Stanley
New York
|
-$63.5K |
NEXT Hedge Fund Activity: Q3 2018 in Review
40 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q3 2018, worth a combined $503M — down 17% from $606M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NEXT and 1 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 19 added.
The largest buyer was York Capital Management Global Advisors, adding an estimated $4.31M. The largest seller was Millennium Management, exiting entirely with an estimated $222K sold.
- 40 institutional investors held NextDecade (NEXT) as of Q3 2018, down from 46 in Q2 2018.
- Funds reported $503M of NextDecade stock for Q3 2018, down 17% quarter-over-quarter.
- 1 fund opened new NextDecade positions in Q3 2018 and 7 closed out, a net change of -6 holders.
- The largest NextDecade buyer in Q3 2018 was York Capital Management Global Advisors, an estimated $4.31M added.
- The largest NextDecade seller in Q3 2018 was Millennium Management, an estimated $222K sold.
Based on aggregated 13F filings for Q3 2018.