NextDecade
NEXT
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.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 51 → 52 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.8M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$693K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$577K |
| 4 |
Cohen & Steers
New York
|
+$445K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$301K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
-$15.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$1.58M |
| 4 |
Millennium Management
New York
|
-$1.28M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.19M |
NEXT Hedge Fund Activity: Q3 2021 in Review
52 of the 5,728 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.