NextDecade
NEXT
42 hedge funds and large institutions have $452M invested in NextDecade in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
5% more funds holding
Funds holding: 40 → 42 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less capital invested
Capital invested by funds: $475M → $452M (-$23.1M)
1.63% less ownership
Funds ownership: 87.33% → 85.69% (-1.6%)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
+$677K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$502K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$162K |
| 4 |
Renaissance Technologies
New York
|
+$58K |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$25.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$2.58M |
| 2 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$2.37M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$1.73M |
| 4 |
State Street
Boston,
Massachusetts
|
-$218K |
| 5 |
BlackRock
New York
|
-$137K |
NEXT Hedge Fund Activity: Q1 2019 in Review
42 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q1 2019, worth a combined $452M — down 4.9% from $475M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NEXT positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 17 trimmed.
The largest buyer was California Public Employees Retirement System, opening a new position worth an estimated $677K. The largest seller was York Capital Management Global Advisors, cutting an estimated $2.58M.
- 42 institutional investors held NextDecade (NEXT) as of Q1 2019, up from 40 in Q4 2018.
- Funds reported $452M of NextDecade stock for Q1 2019, down 4.9% quarter-over-quarter.
- 4 funds opened new NextDecade positions in Q1 2019 and 2 closed out, a net change of +2 holders.
- The largest NextDecade buyer in Q1 2019 was California Public Employees Retirement System, an estimated $677K added.
- The largest NextDecade seller in Q1 2019 was York Capital Management Global Advisors, an estimated $2.58M sold.
Based on aggregated 13F filings for Q1 2019.