NextDecade
NEXT
41 hedge funds and large institutions have $198M invested in NextDecade in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 3 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
16% more capital invested
Capital invested by funds: $170M → $198M (+$28.1M)
14% more funds holding
Funds holding: 36 → 41 (+5)
1.17% more ownership
Funds ownership: 74.97% → 76.14% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.7M |
| 2 |
BlackRock
New York
|
+$840K |
| 3 |
Goldman Sachs
New York
|
+$152K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$144K |
| 5 |
State Street
Boston,
Massachusetts
|
+$73.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$547K |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$374K |
| 3 |
JG
Jefferies Group
New York
|
-$100K |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$22.7K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11.7K |
NEXT Hedge Fund Activity: Q2 2020 in Review
41 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q2 2020, worth a combined $198M — up 16% from $170M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NEXT positions and 3 closed out — a net gain of 5 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.7M. The largest seller was Teacher Retirement System of Texas, exiting entirely with an estimated $547K sold.
- 41 institutional investors held NextDecade (NEXT) as of Q2 2020, up from 36 in Q1 2020.
- Funds reported $198M of NextDecade stock for Q2 2020, up 16% quarter-over-quarter.
- 8 funds opened new NextDecade positions in Q2 2020 and 3 closed out, a net change of +5 holders.
- The largest NextDecade buyer in Q2 2020 was Vanguard Group, an estimated $1.7M added.
- The largest NextDecade seller in Q2 2020 was Teacher Retirement System of Texas, an estimated $547K sold.
Based on aggregated 13F filings for Q2 2020.