NextDecade
NEXT
45 hedge funds and large institutions have $565M invested in NextDecade in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
25% more capital invested
Capital invested by funds: $452M → $565M (+$113M)
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
7% more funds holding
Funds holding: 42 → 45 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.22% less ownership
Funds ownership: 85.69% → 85.47% (-0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.16M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$451K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$446K |
| 4 |
State Street
Boston,
Massachusetts
|
+$418K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$1.06M |
| 2 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$507K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$420K |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$401K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$334K |
NEXT Hedge Fund Activity: Q2 2019 in Review
45 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q2 2019, worth a combined $565M — up 25% from $452M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NEXT positions and 2 closed out — a net gain of 4 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $1.16M. The largest seller was Perella Weinberg Partners Capital Management, cutting an estimated $1.06M.
- 45 institutional investors held NextDecade (NEXT) as of Q2 2019, up from 42 in Q1 2019.
- Funds reported $565M of NextDecade stock for Q2 2019, up 25% quarter-over-quarter.
- 6 funds opened new NextDecade positions in Q2 2019 and 2 closed out, a net change of +4 holders.
- The largest NextDecade buyer in Q2 2019 was BlackRock, an estimated $1.16M added.
- The largest NextDecade seller in Q2 2019 was Perella Weinberg Partners Capital Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2019.