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NextDecade

52 hedge funds and large institutions have $251M invested in NextDecade in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

2% more funds holding

Funds holding: 5152 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

3.44% less ownership

Funds ownership: 77.72%74.28% (-3.4%)

26% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 19

36% less capital invested

Capital invested by funds: $392M → $251M (-$141M)

65% less call options, than puts

Call options by funds: $12K | Put options by funds: $34K

Holders
52
Holders Change
+1
Holders Change %
+1.96%
% of All Funds
0.91%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
10
Increased
14
Reduced
19
Closed
9
Calls
$12K
Puts
$34K
Net Calls
-$22K
Net Calls Change
-$22K
Name Holding Trade Value Shares
Change
Change in
Stake
YCMGA
1
York Capital Management Global Advisors
New York
$149M
VM
2
Valinor Management
New York
$41M -$15.2M -4,813,971 -25%
BHMP
3
Bardin Hill Management Partners
New York
$26.4M +$116K +36,856 +0.4%
Morgan Stanley
4
Morgan Stanley
New York
$10.5M +$11.8M +3,728,811 +12,069%
Vanguard Group
5
Vanguard Group
Pennsylvania
$3.78M -$4M -1,267,743 -48%
BlackRock
6
BlackRock
New York
$3.26M -$552K -175,018 -13%
Point72 Asset Management
7
Point72 Asset Management
Connecticut
$2.15M +$693K +219,867 +40%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.88M -$1.19M -376,176 -36%
BHH
9
Baker Hughes Holdings
Texas
$1.81M
Marshall Wace
10
Marshall Wace
United Kingdom
$1.51M -$912K -289,150 -35%
NAM
11
Nexpoint Asset Management
Texas
$1.49M -$757K -239,992 -31%
Millennium Management
12
Millennium Management
New York
$1.4M -$1.28M -404,771 -45%
CCA
13
Catalyst Capital Advisors
New York
$1.09M
State Street
14
State Street
Massachusetts
$955K -$105K -33,300 -9%
Cohen & Steers
15
Cohen & Steers
New York
$941K +$445K +141,082 +72%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$509K +$577K +182,956 New
IA
17
IndexIQ Advisors
New York
$468K +$53.2K +16,867 +11%
Wells Fargo
18
Wells Fargo
California
$326K +$301K +95,419 +434%
SSA
19
Schonfeld Strategic Advisors
New York
$243K +$5.05K +1,600 +2%
SA
20
SL Advisors
New Jersey
$191K +$1.63K +516 +0.8%
E
21
Ergoteles
New York
$164K -$104K -32,843 -36%
Russell Investments Group
22
Russell Investments Group
United Kingdom
$160K
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$153K +$79.3K +25,137 +83%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$148K -$11K -3,486 -6%
SI
25
SCP Investment
California
$133K +$151K +48,000 New

NEXT Hedge Fund Activity: Q3 2021 in Review

52 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q3 2021, worth a combined $251M — down 36% from $392M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NEXT positions and 9 closed out — a net gain of 1 holder — while 14 added to existing stakes and 19 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $11.8M. The largest seller was Valinor Management, cutting an estimated $15.2M.

  • 52 institutional investors held NextDecade (NEXT) as of Q3 2021, up from 51 in Q2 2021.
  • Funds reported $251M of NextDecade stock for Q3 2021, down 36% quarter-over-quarter.
  • 10 funds opened new NextDecade positions in Q3 2021 and 9 closed out, a net change of +1 holder.
  • The largest NextDecade buyer in Q3 2021 was Morgan Stanley, an estimated $11.8M added.
  • The largest NextDecade seller in Q3 2021 was Valinor Management, an estimated $15.2M sold.

Based on aggregated 13F filings for Q3 2021.