NextDecade
NEXT
42 hedge funds and large institutions have $556M invested in NextDecade in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 3 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
6% more capital invested
Capital invested by funds: $525M → $556M (+$31M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 44 → 42 (-2)
7.19% less ownership
Funds ownership: 82.44% → 75.25% (-7.2%)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$229K |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
+$136K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$135K |
| 4 |
Morgan Stanley
New York
|
+$90.9K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$88.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$717K |
| 2 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$578K |
| 3 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$293K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$285K |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$179K |
NEXT Hedge Fund Activity: Q4 2019 in Review
42 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q4 2019, worth a combined $556M — up 5.9% from $525M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NEXT and 1 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 21 added.
The largest buyer was State Street, adding an estimated $229K. The largest seller was Nexpoint Asset Management, cutting an estimated $717K.
- 42 institutional investors held NextDecade (NEXT) as of Q4 2019, down from 44 in Q3 2019.
- Funds reported $556M of NextDecade stock for Q4 2019, up 5.9% quarter-over-quarter.
- 1 fund opened new NextDecade positions in Q4 2019 and 3 closed out, a net change of -2 holders.
- The largest NextDecade buyer in Q4 2019 was State Street, an estimated $229K added.
- The largest NextDecade seller in Q4 2019 was Nexpoint Asset Management, an estimated $717K sold.
Based on aggregated 13F filings for Q4 2019.