NextDecade
NEXT
108 hedge funds and large institutions have $963M invested in NextDecade in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 16 closing their positions.
595% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $1.69M
62% more capital invested
Capital invested by funds: $593M → $963M (+$370M)
14% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 35
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
2% more funds holding
Funds holding: 106 → 108 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.16% less ownership
Funds ownership: 78.04% → 77.88% (-0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.75M |
| 2 |
Walleye Capital
New York
|
+$7.96M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$6.23M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.52M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMU
Rokos Capital Management (UK)
London,
United Kingdom
|
-$10.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.67M |
| 3 |
RC
Riposte Capital
New York
|
-$7.67M |
| 4 |
ACG
Aventail Capital Group
New York
|
-$3.64M |
| 5 |
Morgan Stanley
New York
|
-$3.33M |
NEXT Hedge Fund Activity: Q2 2023 in Review
108 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q2 2023, worth a combined $963M — up 62% from $593M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NEXT positions and 16 closed out — a net gain of 2 holders — while 40 added to existing stakes and 35 trimmed.
The largest buyer was Millennium Management, adding an estimated $8.75M. The largest seller was Rokos Capital Management (UK), exiting entirely with an estimated $10.1M sold.
- 108 institutional investors held NextDecade (NEXT) as of Q2 2023, up from 106 in Q1 2023.
- Funds reported $963M of NextDecade stock for Q2 2023, up 62% quarter-over-quarter.
- 18 funds opened new NextDecade positions in Q2 2023 and 16 closed out, a net change of +2 holders.
- The largest NextDecade buyer in Q2 2023 was Millennium Management, an estimated $8.75M added.
- The largest NextDecade seller in Q2 2023 was Rokos Capital Management (UK), an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2023.