NexGen Energy
138 hedge funds and large institutions have $711M invested in NexGen Energy in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 42 reducing their positions, and 21 closing their positions.
396% more call options, than puts
Call options by funds: $3.23M | Put options by funds: $652K
17% more capital invested
Capital invested by funds: $607M → $711M (+$104M)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
5% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 42
0.91% more ownership
Funds ownership: 28.91% → 29.82% (+0.91%)
2% less funds holding
Funds holding: 141 → 138 (-3)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$21.9M |
| 2 |
Millennium Management
New York
|
+$14.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$12.2M |
| 4 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$8.93M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
-$77.4M |
| 2 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$13.3M |
| 3 |
Morgan Stanley
New York
|
-$6.24M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.46M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$4.4M |
NXE Hedge Fund Activity: Q2 2023 in Review
138 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in NexGen Energy (NXE) for Q2 2023, worth a combined $711M — up 17% from $607M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NXE and 18 opened new positions — a net loss of 3 holders — while 42 trimmed existing stakes and 44 added.
The largest buyer was L1 Capital, adding an estimated $21.9M. The largest seller was Canoe Financial, exiting entirely with an estimated $77.4M sold.
- 138 institutional investors held NexGen Energy (NXE) as of Q2 2023, down from 141 in Q1 2023.
- Funds reported $711M of NexGen Energy stock for Q2 2023, up 17% quarter-over-quarter.
- 18 funds opened new NexGen Energy positions in Q2 2023 and 21 closed out, a net change of -3 holders.
- The largest NexGen Energy buyer in Q2 2023 was L1 Capital, an estimated $21.9M added.
- The largest NexGen Energy seller in Q2 2023 was Canoe Financial, an estimated $77.4M sold.
Based on aggregated 13F filings for Q2 2023.