NextDecade
NEXT
119 hedge funds and large institutions have $974M invested in NextDecade in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 30 reducing their positions, and 13 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 30
70% more call options, than puts
Call options by funds: $9.96M | Put options by funds: $5.86M
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
21% more capital invested
Capital invested by funds: $804M → $974M (+$170M)
6% more funds holding
Funds holding: 112 → 119 (+7)
1.14% more ownership
Funds ownership: 65.69% → 66.83% (+1.1%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$8.09M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$6.95M |
| 3 |
CCM
Cinctive Capital Management
New York
|
+$4.48M |
| 4 |
ACG
Aventail Capital Group
New York
|
+$3.78M |
| 5 |
SCM
SIR Capital Management
New York
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Teilinger Capital
Houston,
Texas
|
-$16.7M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.58M |
| 3 |
VM
Valinor Management
New York
|
-$4.15M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.62M |
| 5 |
Goldman Sachs
New York
|
-$3.56M |
NEXT Hedge Fund Activity: Q1 2024 in Review
119 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q1 2024, worth a combined $974M — up 21% from $804M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NEXT positions and 13 closed out — a net gain of 7 holders — while 53 added to existing stakes and 30 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $8.09M. The largest seller was Teilinger Capital, exiting entirely with an estimated $16.7M sold.
- 119 institutional investors held NextDecade (NEXT) as of Q1 2024, up from 112 in Q4 2023.
- Funds reported $974M of NextDecade stock for Q1 2024, up 21% quarter-over-quarter.
- 20 funds opened new NextDecade positions in Q1 2024 and 13 closed out, a net change of +7 holders.
- The largest NextDecade buyer in Q1 2024 was Citadel Advisors, an estimated $8.09M added.
- The largest NextDecade seller in Q1 2024 was Teilinger Capital, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2024.