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NextDecade Corp

NEXT
Exchange
Nasdaq
Industry
Natural Gas Transmisison & Distribution
SEC CIK
0001612720

No open-market purchases or sales by NextDecade Corp insiders were filed in the last 90 days; 210 institutions reported holding it in 13F filings for Q2 2026, worth $820.3M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in NextDecade Corp as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
194
+17 vs. Q2 2025
Shares held
117.2M
−11.8M (−9.2%) vs. Q2 2025
Total value
$795.7M
−$353.8M (−30.8%) vs. Q2 2025
New holders
41
60 more added
Sold out
24
66 more reduced

2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NEXT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 194 institutions
Q1 2021: 60 institutionsQ2 2021: 51 institutionsQ3 2021: 52 institutionsQ4 2021: 60 institutionsQ1 2022: 65 institutionsQ2 2022: 85 institutionsQ3 2022: 90 institutionsQ4 2022: 92 institutionsQ1 2023: 106 institutionsQ2 2023: 108 institutionsQ3 2023: 117 institutionsQ4 2023: 112 institutionsQ1 2024: 119 institutionsQ2 2024: 139 institutionsQ3 2024: 144 institutionsQ4 2024: 165 institutionsQ1 2025: 184 institutionsQ2 2025: 179 institutionsQ3 2025: 194 institutionsQ4 2025: 186 institutionsQ1 2026: 207 institutionsQ2 2026: 210 institutions
Value heldQ3 2025: $795.7M
Q1 2021: $231.2MQ2 2021: $392.2MQ3 2021: $250.8MQ4 2021: $223.4MQ1 2022: $466.3MQ2 2022: $385.2MQ3 2022: $562.8MQ4 2022: $570.2MQ1 2023: $592.7MQ2 2023: $962.6MQ3 2023: $724.7MQ4 2023: $828.5MQ1 2024: $1.04BQ2 2024: $1.31BQ3 2024: $639.9MQ4 2024: $996.9MQ1 2025: $995.6MQ2 2025: $1.15BQ3 2025: $795.7MQ4 2025: $572.1MQ1 2026: $854.9MQ2 2026: $820.3M
Institutions holding NEXT and their total value by quarter
QuarterHoldersValue
Q2 2026210$820.3M
Q1 2026207$854.9M
Q4 2025186$572.1M
Q3 2025194$795.7M
Q2 2025179$1.15B
Q1 2025184$995.6M
Q4 2024165$996.9M
Q3 2024144$639.9M
Q2 2024139$1.31B
Q1 2024119$1.04B
Q4 2023112$828.5M
Q3 2023117$724.7M
Q2 2023108$962.6M
Q1 2023106$592.7M
Q4 202292$570.2M
Q3 202290$562.8M
Q2 202285$385.2M
Q1 202265$466.3M
Q4 202160$223.4M
Q3 202152$250.8M
Q2 202151$392.2M
Q1 202160$231.2M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding NextDecade Corp; share changes are against Q2 2025.

Institutions holding NEXT in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.21,104,914$143.3M0.00%+198,398+0.9%Added
Mubadala Investment Co PJSC14,206,376$96.5M0.54%00.0%Unchanged
Vanguard Group Inc10,378,992$70.5M0.00%+52,803+0.5%Added
Bardin Hill Management Partners LP9,274,894$63.0M78.44%+357,021+4.0%Added
Valinor Management, L.P.4,735,065$32.2M100.00%−3,713,070−44.0%Reduced
Catalyst Capital Advisors LLC4,642,512$31.5M0.64%−61,915−1.3%Reduced
York Capital Management Global Advisors, LLC4,264,298$29.0M88.17%00.0%Unchanged
Geode Capital Management, LLC3,411,406$23.2M0.00%−130,227−3.7%Reduced
Yaupon Capital Management LP3,356,285$22.8M1.17%−316,114−8.6%Reduced
Citadel Advisors LLC3,012,833$20.5M0.02%−273,859−8.3%Reduced
Wolf Hill Capital Management, LP2,937,558$19.9M1.90%−2,854,939−49.3%Reduced
State Street Corp2,887,151$19.6M0.00%−177,447−5.8%Reduced
Hotchkis & Wiley Capital Management LLC1,945,794$13.2M0.04%+22,414+1.2%Added
Morgan Stanley1,817,002$12.3M0.00%−385,515−17.5%Reduced
Bank of America Corp1,646,400$11.2M0.00%−1,455,952−46.9%Reduced
Nuveen, LLC1,433,108$9.73M0.00%+348,528+32.1%Added
Mirae Asset Global ETFs Holdings Ltd.1,425,000$9.68M0.02%−16,000−1.1%Reduced
Westwood Holdings Group Inc.1,330,525$9.03M0.06%+74,651+5.9%Added
Charles Schwab Investment Management Inc1,150,299$7.81M0.00%+17,083+1.5%Added
Northern Trust Corp1,114,361$7.57M0.00%−18,857−1.7%Reduced
Voloridge Investment Management, LLC977,916$6.64M0.02%+977,916New
Goldman Sachs Group Inc943,786$6.41M0.00%+675,546+251.8%Added
SL Advisors, LLC927,384$6.30M12.39%−32,895−3.4%Reduced
Tudor Investment Corp Et Al912,589$6.20M0.04%+661,028+262.8%Added
Group One Trading, L.P.894,392$6.07M0.18%−137,085−13.3%Reduced
Squarepoint Ops LLC790,009$5.36M0.01%+639,534+425.0%Added
JPMorgan Chase & Co788,952$5.36M0.00%+642,094+437.2%Added
Qube Research & Technologies Ltd726,837$4.94M0.01%+726,837New
Millennium Management LLC707,800$4.81M0.00%−491,710−41.0%Reduced
Citigroup Inc681,904$4.63M0.00%+625,652+1,112.2%Added
Susquehanna International Group, LLP560,636$3.81M0.01%+245,188+77.7%Added
UBS Group AG551,283$3.74M0.00%−215,101−28.1%Reduced
Fort Washington Investment Advisors Inc529,882$3.60M0.02%−322,540−37.8%Reduced
Royal Bank of Canada429,041$2.91M0.00%−654,041−60.4%Reduced
Jane Street Group, LLC416,798$2.83M0.00%+359,001+621.1%Added
Bank of New York Mellon Corp367,352$2.49M0.00%+5,262+1.5%Added
Alps Advisors Inc321,234$2.18M0.01%−55,557−14.7%Reduced
Twinbeech Capital LP315,963$2.15M0.08%+315,963New
Adage Capital Partners GP, L.L.C.300,000$2.04M0.00%−1,250,000−80.6%Reduced
UBS Asset Management Americas Inc277,409$1.88M0.00%−201,952−42.1%Reduced
Lasry Marc254,270$1.73M11.47%00.0%Unchanged
Webs Creek Capital Management LP249,726$1.70M0.35%+35,832+16.8%Added
Pacer Advisors, Inc.247,066$1.68M0.00%+28,295+12.9%Added
Verition Fund Management LLC243,093$1.65M0.01%−315,877−56.5%Reduced
Limestone Investment Advisors LP235,634$1.60M0.72%+235,634New
Quantbot Technologies LP230,499$1.57M0.04%+54,532+31.0%Added
Swiss National Bank227,600$1.55M0.00%−46,200−16.9%Reduced
Aventail Capital Group, LP218,979$1.49M0.07%+28,592+15.0%Added
ELCO Management Co., LLC208,517$1.42M0.74%−31,251−13.0%Reduced
Point72 Asset Management, L.P.199,669$1.36M0.00%−707,803−78.0%Reduced
IMC-Chicago, LLC195,597$1.33M0.02%+120,368+160.0%Added
Rhumbline Advisers194,867$1.32M0.00%−4,413−2.2%Reduced
Barclays PLC191,566$1.30M0.00%−122,299−39.0%Reduced
Cubist Systematic Strategies, LLC189,238$1.28M0.02%+78,505+70.9%Added
Dark Forest Capital Management LP188,459$1.28M0.05%+188,459New
Two Sigma Investments, LP186,147$1.26M0.00%+142,647+327.9%Added
LPL Financial LLC180,628$1.23M0.00%+68,515+61.1%Added
Moody Aldrich Partners LLC177,730$1.21M0.23%+177,730New
Natixis175,000$1.19M0.01%+175,000New
Empowered Funds, LLC164,054$1.11M0.01%+29,854+22.2%Added
Ameriprise Financial Inc143,140$971.9K0.00%−160,330−52.8%Reduced
State of Wisconsin Investment Board140,283$952.5K0.00%+68,480+95.4%Added
Engineers Gate Manager LP134,002$909.9K0.01%+134,002New
Virginia Retirement Systems Et Al132,164$897.4K0.01%+60,300+83.9%Added
Cito Capital Group, LLC129,000$876.0K0.25%−10,000−7.2%Reduced
D. E. Shaw & Co., Inc.128,042$869.4K0.00%−417,305−76.5%Reduced
Brevan Howard Capital Management LP124,859$847.8K0.01%+124,859New
Alliancebernstein L.P.122,020$828.5K0.00%+1,800+1.5%Added
Jump Financial, LLC117,927$800.7K0.01%−374,273−76.0%Reduced
California State Teachers Retirement System111,309$755.8K0.00%−20,235−15.4%Reduced
Legal & General Group Plc108,931$739.6K0.00%−23,963−18.0%Reduced
Castleark Management LLC106,250$721.4K0.02%00.0%Unchanged
Wells Fargo & Company104,906$712.3K0.00%+27,159+34.9%Added
Price T Rowe Associates Inc102,430$696.0K0.00%+7,055+7.4%Added
Deutsche Bank AG99,499$675.6K0.00%+12,157+13.9%Added
Boothbay Fund Management, LLC86,354$586.3K0.01%+86,354New
Manufacturers Life Insurance Company, The82,436$559.7K0.00%+3,984+5.1%Added
SEI Investments Co81,614$554.2K0.00%+14,914+22.4%Added
Invesco Ltd.78,709$534.4K0.00%+13,668+21.0%Added
Balyasny Asset Management LLC78,164$530.7K0.00%+78,164New
MML Investors Services, LLC73,494$499.0K0.00%+73,494New
MetLife Investment Management71,480$485.3K0.00%−8,383−10.5%Reduced
Bridger Management, LLC67,837$460.6K0.25%00.0%Unchanged
Quantinno Capital Management LP62,728$425.9K0.00%+37,624+149.9%Added
Brown Advisory Inc62,667$425.5K0.00%00.0%Unchanged
CI Private Wealth, LLC62,653$425.4K0.00%00.0%Unchanged
Spears Abacus Advisors LLC60,400$410.1K0.01%−24,800−29.1%Reduced
Cambria Investment Management, L.P.59,638$404.9K0.02%+11,925+25.0%Added
Captrust Financial Advisors57,501$390.4K0.00%+2,057+3.7%Added
Holocene Advisors, LP57,051$387.4K0.00%+57,051New
Janus Henderson Group PLC56,238$382.1K0.00%−7,726−12.1%Reduced
Blackstone Group Inc.55,811$379.0K0.00%00.0%Unchanged
First Trust Advisors LP55,047$373.8K0.00%+55,047New
Skopos Labs, Inc.41,978$364.8K0.05%+11,096+35.9%Added
FourThought Financial Partners, LLC52,610$357.2K0.03%+52,610New
Intech Investment Management LLC52,453$356.2K0.00%−16,738−24.2%Reduced
Van Eck Associates Corp51,217$348.0K0.00%−60,076−54.0%Reduced
Mercer Global Advisors Inc51,044$346.6K0.00%−17,585−25.6%Reduced
Wolverine Trading, LLC47,267$328.5K0.01%+19,670+71.3%Added
New York State Common Retirement Fund45,659$310.0K0.00%00.0%Unchanged