NextDecade
NEXT
45 hedge funds and large institutions have $284M invested in NextDecade in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
43% more capital invested
Capital invested by funds: $198M → $284M (+$85.2M)
10% more funds holding
Funds holding: 41 → 45 (+4)
2.72% more ownership
Funds ownership: 76.14% → 78.86% (+2.7%)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.51M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.37M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$982K |
| 4 |
BlackRock
New York
|
+$672K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$941K |
| 2 |
Millennium Management
New York
|
-$133K |
| 3 |
Jane Street
New York
|
-$70K |
| 4 |
Goldman Sachs
New York
|
-$59.2K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$55K |
NEXT Hedge Fund Activity: Q3 2020 in Review
45 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q3 2020, worth a combined $284M — up 43% from $198M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NEXT positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.51M. The largest seller was Nexpoint Asset Management, cutting an estimated $941K.
- 45 institutional investors held NextDecade (NEXT) as of Q3 2020, up from 41 in Q2 2020.
- Funds reported $284M of NextDecade stock for Q3 2020, up 43% quarter-over-quarter.
- 9 funds opened new NextDecade positions in Q3 2020 and 5 closed out, a net change of +4 holders.
- The largest NextDecade buyer in Q3 2020 was Vanguard Group, an estimated $3.51M added.
- The largest NextDecade seller in Q3 2020 was Nexpoint Asset Management, an estimated $941K sold.
Based on aggregated 13F filings for Q3 2020.