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NextDecade

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, 52 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $9.96M | Put options by funds: $5.86M

68% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 31

54% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 13

18% more capital invested

Capital invested by funds: $828M → $974M (+$146M)

6% more funds holding

Funds holding: 112119 (+7)

0.82% less ownership

Funds ownership: 67.64%66.83% (-0.82%)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
119
Holders Change
+7
Holders Change %
+6.25%
% of All Funds
1.71%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.1%
New
20
Increased
52
Reduced
31
Closed
13
Calls
$9.96M
Puts
$5.86M
Net Calls
+$4.1M
Net Calls Change
-$3.3M
Name Holding Trade Value Shares
Change
Change in
Stake
YCMGA
1
York Capital Management Global Advisors
New York
$344M +$2.18M +436,070 +0.7%
BlackRock
2
BlackRock
New York
$94.3M -$309K -61,894 -0.4%
MIC
3
Mubadala Investment Company
United Arab Emirates
$80.7M
VM
4
Valinor Management
New York
$80.4M -$4.15M -831,362 -6%
BHMP
5
Bardin Hill Management Partners
New York
$48.8M +$455K +91,062 +1%
LM
6
Lasry Marc
$42.9M +$1.82M +363,708 +5%
Vanguard Group
7
Vanguard Group
Pennsylvania
$36.5M -$3.62M -724,134 -10%
YCM
8
Yaupon Capital Management
New York
$31.6M +$3.26M +652,848 +13%
Morgan Stanley
9
Morgan Stanley
New York
$30.1M -$23.7M -4,746,145 -47%
CCA
10
Catalyst Capital Advisors
New York
$19.1M +$3.11M +622,134 +23%
TCA
11
Tortoise Capital Advisors
Kansas
$16.5M
Bank of America
12
Bank of America
North Carolina
$15.9M +$1.08M +217,172 +8%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$10.4M +$499K +100,009 +6%
UBS Group
14
UBS Group
Switzerland
$10.2M +$73.2K +14,648 +0.8%
Citadel Advisors
15
Citadel Advisors
Florida
$9.61M +$8.09M +1,618,979 +2,217%
SCM
16
SIR Capital Management
New York
$9.44M +$3.53M +706,558 +74%
State Street
17
State Street
Massachusetts
$9.27M +$1.4M +279,705 +21%
Hotchkis & Wiley Capital Management
18
Hotchkis & Wiley Capital Management
California
$7.91M +$6.95M +1,392,520 New
CC
19
Covalis Capital
United Kingdom
$6.38M -$2.99M -599,260 -35%
CCM
20
Cinctive Capital Management
New York
$5.68M +$4.48M +897,873 +879%
ACG
21
Aventail Capital Group
New York
$5.49M +$3.78M +756,967 +361%
Northern Trust
22
Northern Trust
Illinois
$4.21M +$92.5K +18,519 +3%
SA
23
SL Advisors
New Jersey
$3.93M +$869K +173,951 +34%
Goldman Sachs
24
Goldman Sachs
New York
$3.91M -$3.56M -713,423 -51%
Charles Schwab
25
Charles Schwab
California
$3.53M +$157K +31,516 +5%

NEXT Hedge Fund Activity: Q1 2024 in Review

119 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NextDecade (NEXT) for Q1 2024, worth a combined $974M — up 18% from $828M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new NEXT positions and 13 closed out — a net gain of 7 holders — while 52 added to existing stakes and 31 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $8.09M. The largest seller was Morgan Stanley, cutting an estimated $23.7M.

  • 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 18% 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 Morgan Stanley, an estimated $23.7M sold.

Based on aggregated 13F filings for Q1 2024.