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NextDecade

90 hedge funds and large institutions have $562M invested in NextDecade in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

811% more call options, than puts

Call options by funds: $5.01M | Put options by funds: $550K

46% more capital invested

Capital invested by funds: $385M → $562M (+$177M)

44% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 25

36% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 14

6% more funds holding

Funds holding: 8590 (+5)

5.09% more ownership

Funds ownership: 67.66%72.75% (+5.1%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
90
Holders Change
+5
Holders Change %
+5.88%
% of All Funds
1.55%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
19
Increased
36
Reduced
25
Closed
14
Calls
$5.01M
Puts
$550K
Net Calls
+$4.46M
Net Calls Change
+$594K
Name Holding Trade Value Shares
Change
Change in
Stake
YCMGA
1
York Capital Management Global Advisors
New York
$345M
BHMP
2
Bardin Hill Management Partners
New York
$57.6M
Citadel Advisors
3
Citadel Advisors
Florida
$21.4M +$22.4M +3,372,753 +909%
BlackRock
4
BlackRock
New York
$18.6M +$406K +61,036 +2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$17.3M +$2.33M +349,959 +14%
Alyeska Investment Group
6
Alyeska Investment Group
Illinois
$16.3M +$18.1M +2,727,273 New
Morgan Stanley
7
Morgan Stanley
New York
$14.9M -$4.17M -626,961 -20%
CCA
8
Catalyst Capital Advisors
New York
$13.5M +$629K +94,575 +4%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$6.59M +$5.46M +821,786 +284%
Millennium Management
10
Millennium Management
New York
$5.55M +$5.31M +798,139 +423%
Goldman Sachs
11
Goldman Sachs
New York
$5.15M -$467K -70,184 -8%
State Street
12
State Street
Massachusetts
$4.96M -$7.57K -1,138 -0.1%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$4.95M +$1.32M +199,044 +32%
SA
14
SL Advisors
New Jersey
$2.4M -$754K -113,455 -22%
Northern Trust
15
Northern Trust
Illinois
$1.95M +$189K +28,360 +10%
NAM
16
Nexpoint Asset Management
Texas
$1.83M
CSCSIM
17
Clear Sky Carbon Solutions Investment Management
Texas
$1.75M +$266K +40,000 +16%
Group One Trading
18
Group One Trading
Illinois
$1.59M +$775K +116,554 +79%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$1.48M -$780K -117,352 -32%
CC
20
Covalis Capital
United Kingdom
$1.09M -$1.33M -199,865 -52%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.03M -$624K -93,859 -35%
Cohen & Steers
22
Cohen & Steers
New York
$1.01M +$328K +49,385 +42%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$1M +$119K +17,886 +12%
Verition Fund Management
24
Verition Fund Management
Connecticut
$873K +$965K +145,081 New
BFM
25
Boothbay Fund Management
New York
$773K +$178K +26,819 +26%

NEXT Hedge Fund Activity: Q3 2022 in Review

90 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q3 2022, worth a combined $562M — up 46% from $385M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new NEXT positions and 14 closed out — a net gain of 5 holders — while 36 added to existing stakes and 25 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $22.4M. The largest seller was Morgan Stanley, cutting an estimated $4.17M.

  • 90 institutional investors held NextDecade (NEXT) as of Q3 2022, up from 85 in Q2 2022.
  • Funds reported $562M of NextDecade stock for Q3 2022, up 46% quarter-over-quarter.
  • 19 funds opened new NextDecade positions in Q3 2022 and 14 closed out, a net change of +5 holders.
  • The largest NextDecade buyer in Q3 2022 was Citadel Advisors, an estimated $22.4M added.
  • The largest NextDecade seller in Q3 2022 was Morgan Stanley, an estimated $4.17M sold.

Based on aggregated 13F filings for Q3 2022.