NextDecade
NEXT
60 hedge funds and large institutions have $231M invested in NextDecade in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more funds holding
Funds holding: 49 → 60 (+11)
10% more capital invested
Capital invested by funds: $210M → $231M (+$20.8M)
0.16% less ownership
Funds ownership: 76.6% → 76.44% (-0.16%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| 1 |
Millennium Management
New York
|
+$972K |
| 2 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
+$556K |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$512K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$444K |
| 5 |
IA
IndexIQ Advisors
New York
|
+$344K |
Top Sellers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.31M |
| 2 |
BlackRock
New York
|
-$116K |
| 3 |
Charles Schwab
San Francisco,
California
|
-$64.3K |
| 4 |
State Street
Boston,
Massachusetts
|
-$59.8K |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$55.6K |
NEXT Hedge Fund Activity: Q1 2021 in Review
60 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q1 2021, worth a combined $231M — up 9.9% from $210M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NEXT positions and 3 closed out — a net gain of 11 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Millennium Management, adding an estimated $972K. The largest seller was Vanguard Group, cutting an estimated $1.31M.
- 60 institutional investors held NextDecade (NEXT) as of Q1 2021, up from 49 in Q4 2020.
- Funds reported $231M of NextDecade stock for Q1 2021, up 9.9% quarter-over-quarter.
- 14 funds opened new NextDecade positions in Q1 2021 and 3 closed out, a net change of +11 holders.
- The largest NextDecade buyer in Q1 2021 was Millennium Management, an estimated $972K added.
- The largest NextDecade seller in Q1 2021 was Vanguard Group, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2021.