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NextDecade

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.

New
Increased
Maintained
Reduced
Closed

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: 106108 (+2)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.16% less ownership

Funds ownership: 78.04%77.88% (-0.16%)

Holders
108
Holders Change
+2
Holders Change %
+1.89%
% of All Funds
1.7%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
18
Increased
40
Reduced
35
Closed
16
Calls
$11.7M
Puts
$1.69M
Net Calls
+$10M
Net Calls Change
+$4.87M
Name Holding Trade Value Shares
Change
Change in
Stake
YCMGA
1
York Capital Management Global Advisors
New York
$471M
VM
2
Valinor Management
New York
$122M
BHMP
3
Bardin Hill Management Partners
New York
$78.6M
Vanguard Group
4
Vanguard Group
Pennsylvania
$34.4M +$556K +90,542 +2%
BlackRock
5
BlackRock
New York
$28.4M -$1.67M -272,898 -7%
TCA
6
Tortoise Capital Advisors
Kansas
$23.9M -$2.93M -478,144 -14%
CCA
7
Catalyst Capital Advisors
New York
$22.3M -$329K -53,650 -2%
Morgan Stanley
8
Morgan Stanley
New York
$16M -$3.33M -543,573 -22%
Millennium Management
9
Millennium Management
New York
$16M +$8.75M +1,425,763 +275%
CC
10
Covalis Capital
United Kingdom
$12M -$46K -7,496 -0.5%
Jennison Associates
11
Jennison Associates
New York
$11.7M +$1.32M +215,241 +18%
Adage Capital Partners
12
Adage Capital Partners
Massachusetts
$11.2M +$6.23M +1,014,897 +290%
Walleye Capital
13
Walleye Capital
New York
$10.7M +$7.96M +1,297,620 New
Geode Capital Management
14
Geode Capital Management
Massachusetts
$8.76M +$78.8K +12,844 +1%
SCM
15
SIR Capital Management
New York
$7.2M -$1.87M -304,540 -26%
State Street
16
State Street
Massachusetts
$7.07M -$534K -87,021 -9%
Citadel Advisors
17
Citadel Advisors
Florida
$6.74M -$8.67M -1,412,381 -63%
PC
18
PointState Capital
New York
$6.56M -$1.11M -181,324 -18%
YCM
19
Yaupon Capital Management
New York
$5.58M +$1.97M +321,349 +90%
Goldman Sachs
20
Goldman Sachs
New York
$5.08M +$784K +127,784 +26%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$4.91M -$2.83M -460,858 -44%
SA
22
SL Advisors
New Jersey
$4.1M -$1.66M -270,693 -35%
Group One Trading
23
Group One Trading
Illinois
$3.68M +$2.27M +370,539 +473%
UBS Group
24
UBS Group
Switzerland
$3.56M +$2.52M +411,310 +1,884%
RC
25
Riposte Capital
New York
$3.28M -$7.67M -1,250,000 -76%

NEXT Hedge Fund Activity: Q2 2023 in Review

108 of the 6,369 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.