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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 $820.2M 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
116.8M
−11.7M (−9.1%) vs. Q2 2025
Total value
$793.0M
−$351.7M (−30.7%) 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: $793.0M
Q1 2021: $231.2MQ2 2021: $392.2MQ3 2021: $250.8MQ4 2021: $222.8MQ1 2022: $466.1MQ2 2022: $385.2MQ3 2022: $561.9MQ4 2022: $570.2MQ1 2023: $582.6MQ2 2023: $962.6MQ3 2023: $724.7MQ4 2023: $804.0MQ1 2024: $974.4MQ2 2024: $1.30BQ3 2024: $639.3MQ4 2024: $996.9MQ1 2025: $995.3MQ2 2025: $1.14BQ3 2025: $793.0MQ4 2025: $571.1MQ1 2026: $854.9MQ2 2026: $820.2M
Institutions holding NEXT and their total value by quarter
QuarterHoldersValue
Q2 2026210$820.2M
Q1 2026207$854.9M
Q4 2025186$571.1M
Q3 2025194$793.0M
Q2 2025179$1.14B
Q1 2025184$995.3M
Q4 2024165$996.9M
Q3 2024144$639.3M
Q2 2024139$1.30B
Q1 2024119$974.4M
Q4 2023112$804.0M
Q3 2023117$724.7M
Q2 2023108$962.6M
Q1 2023106$582.6M
Q4 202292$570.2M
Q3 202290$561.9M
Q2 202285$385.2M
Q1 202265$466.1M
Q4 202160$222.8M
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
Skopos Labs, Inc.41,978$364.8K0.05%+11,096+35.9%Added
First Trust Advisors LP55,047$373.8K0.00%+55,047New
Blackstone Group Inc.55,811$379.0K0.00%00.0%Unchanged
Janus Henderson Group PLC56,238$382.1K0.00%−7,726−12.1%Reduced
Holocene Advisors, LP57,051$387.4K0.00%+57,051New
Captrust Financial Advisors57,501$390.4K0.00%+2,057+3.7%Added
Cambria Investment Management, L.P.59,638$404.9K0.02%+11,925+25.0%Added
Spears Abacus Advisors LLC60,400$410.1K0.01%−24,800−29.1%Reduced
CI Private Wealth, LLC62,653$425.4K0.00%00.0%Unchanged
Brown Advisory Inc62,667$425.5K0.00%00.0%Unchanged
Quantinno Capital Management LP62,728$425.9K0.00%+37,624+149.9%Added
Bridger Management, LLC67,837$460.6K0.25%00.0%Unchanged
MetLife Investment Management71,480$485.3K0.00%−8,383−10.5%Reduced
MML Investors Services, LLC73,494$499.0K0.00%+73,494New
Balyasny Asset Management LLC78,164$530.7K0.00%+78,164New
Invesco Ltd.78,709$534.4K0.00%+13,668+21.0%Added
SEI Investments Co81,614$554.2K0.00%+14,914+22.4%Added
Manufacturers Life Insurance Company, The82,436$559.7K0.00%+3,984+5.1%Added
Boothbay Fund Management, LLC86,354$586.3K0.02%+86,354New
Deutsche Bank AG99,499$675.6K0.00%+12,157+13.9%Added
Price T Rowe Associates Inc102,430$696.0K0.00%+7,055+7.4%Added
Wells Fargo & Company104,906$712.3K0.00%+27,159+34.9%Added
Castleark Management LLC106,250$721.4K0.02%00.0%Unchanged
Legal & General Group Plc108,931$739.6K0.00%−23,963−18.0%Reduced
California State Teachers Retirement System111,309$755.8K0.00%−20,235−15.4%Reduced
Jump Financial, LLC117,927$800.7K0.01%−374,273−76.0%Reduced
Alliancebernstein L.P.122,020$828.5K0.00%+1,800+1.5%Added
Brevan Howard Capital Management LP124,859$847.8K0.01%+124,859New
D. E. Shaw & Co., Inc.128,042$869.4K0.00%−417,305−76.5%Reduced
Cito Capital Group, LLC129,000$876.0K0.25%−10,000−7.2%Reduced
Virginia Retirement Systems Et Al132,164$897.4K0.01%+60,300+83.9%Added
Engineers Gate Manager LP134,002$909.9K0.01%+134,002New
State of Wisconsin Investment Board140,283$952.5K0.00%+68,480+95.4%Added
Ameriprise Financial Inc143,140$971.9K0.00%−160,330−52.8%Reduced
Empowered Funds, LLC164,054$1.11M0.01%+29,854+22.2%Added
Natixis175,000$1.19M0.01%+175,000New
Moody Aldrich Partners LLC177,730$1.21M0.23%+177,730New
LPL Financial LLC180,628$1.23M0.00%+68,515+61.1%Added
Two Sigma Investments, LP186,147$1.26M0.00%+142,647+327.9%Added
Dark Forest Capital Management LP188,459$1.28M0.05%+188,459New
Cubist Systematic Strategies, LLC189,238$1.28M0.02%+78,505+70.9%Added
Barclays PLC191,566$1.30M0.00%−122,299−39.0%Reduced
Rhumbline Advisers194,867$1.32M0.00%−4,413−2.2%Reduced
IMC-Chicago, LLC195,597$1.33M0.02%+120,368+160.0%Added
Point72 Asset Management, L.P.199,669$1.36M0.00%−707,803−78.0%Reduced
ELCO Management Co., LLC208,517$1.42M0.74%−31,251−13.0%Reduced
Aventail Capital Group, LP218,979$1.49M0.07%+28,592+15.0%Added
Swiss National Bank227,600$1.55M0.00%−46,200−16.9%Reduced
Quantbot Technologies LP230,499$1.57M0.04%+54,532+31.0%Added
Limestone Investment Advisors LP235,634$1.60M0.72%+235,634New
Verition Fund Management LLC243,093$1.65M0.01%−315,877−56.5%Reduced
Pacer Advisors, Inc.247,066$1.68M0.00%+28,295+12.9%Added
Webs Creek Capital Management LP249,726$1.70M0.35%+35,832+16.8%Added
Lasry Marc254,270$1.73M11.47%00.0%Unchanged
UBS Asset Management Americas Inc277,409$1.88M0.00%−201,952−42.1%Reduced
Adage Capital Partners GP, L.L.C.300,000$2.04M0.00%−1,250,000−80.6%Reduced
Twinbeech Capital LP315,963$2.15M0.08%+315,963New
Alps Advisors Inc321,234$2.18M0.01%−55,557−14.7%Reduced
Bank of New York Mellon Corp367,352$2.49M0.00%+5,262+1.5%Added
JPMorgan Chase & Co394,476$2.68M0.00%+247,618+168.6%Added
Jane Street Group, LLC416,798$2.83M0.00%+359,001+621.1%Added
Royal Bank of Canada429,041$2.91M0.00%−112,500−20.8%Reduced
Fort Washington Investment Advisors Inc529,882$3.60M0.02%−322,540−37.8%Reduced
UBS Group AG551,283$3.74M0.00%−215,101−28.1%Reduced
Susquehanna International Group, LLP560,636$3.81M0.01%+245,188+77.7%Added
Citigroup Inc681,904$4.63M0.00%+625,652+1,112.2%Added
Millennium Management LLC707,800$4.81M0.00%−491,710−41.0%Reduced
Qube Research & Technologies Ltd726,837$4.94M0.01%+726,837New
Squarepoint Ops LLC790,009$5.36M0.01%+639,534+425.0%Added
Group One Trading, L.P.894,392$6.07M0.18%−137,085−13.3%Reduced
Tudor Investment Corp Et Al912,589$6.20M0.04%+661,028+262.8%Added
SL Advisors, LLC927,384$6.30M12.39%−32,895−3.4%Reduced
Goldman Sachs Group Inc943,786$6.41M0.00%+675,546+251.8%Added
Voloridge Investment Management, LLC977,916$6.64M0.02%+977,916New
Northern Trust Corp1,114,361$7.57M0.00%−18,857−1.7%Reduced
Charles Schwab Investment Management Inc1,150,299$7.81M0.00%+17,083+1.5%Added
Westwood Holdings Group Inc.1,330,525$9.03M0.06%+74,651+5.9%Added
Mirae Asset Global ETFs Holdings Ltd.1,425,000$9.68M0.02%−16,000−1.1%Reduced
Nuveen, LLC1,433,108$9.73M0.00%+348,528+32.1%Added
Bank of America Corp1,646,400$11.2M0.00%−1,455,952−46.9%Reduced
Morgan Stanley1,817,002$12.3M0.00%−385,515−17.5%Reduced
Hotchkis & Wiley Capital Management LLC1,945,794$13.2M0.04%+22,414+1.2%Added
State Street Corp2,887,151$19.6M0.00%−177,447−5.8%Reduced
Wolf Hill Capital Management, LP2,937,558$19.9M1.90%−2,854,939−49.3%Reduced
Citadel Advisors LLC3,012,833$20.5M0.02%−273,859−8.3%Reduced
Yaupon Capital Management LP3,356,285$22.8M1.17%−316,114−8.6%Reduced
Geode Capital Management, LLC3,411,406$23.2M0.00%−130,227−3.7%Reduced
York Capital Management Global Advisors, LLC4,264,298$29.0M88.17%00.0%Unchanged
Catalyst Capital Advisors LLC4,642,512$31.5M0.64%−61,915−1.3%Reduced
Valinor Management, L.P.4,735,065$32.2M100.00%−3,713,070−44.0%Reduced
Bardin Hill Management Partners LP9,274,894$63.0M78.44%+357,021+4.0%Added
Vanguard Group Inc10,378,992$70.5M0.00%+52,803+0.5%Added
Mubadala Investment Co PJSC14,206,376$96.5M0.54%00.0%Unchanged
BlackRock, Inc.21,104,914$143.3M0.00%+198,398+0.9%Added
SIR Capital Management, L.P.0$00.00%−1,656,482−100.0%Sold out
Brightline Capital Management, LLC0$00.00%−1,450,000−100.0%Sold out
Riposte Capital LLC0$00.00%−750,000−100.0%Sold out
Scoggin Management LP0$00.00%−400,000−100.0%Sold out
Algert Global LLC0$00.00%−169,894−100.0%Sold out
Nebula Research & Development LLC0$00.00%−121,135−100.0%Sold out