NextDecade Corp

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

SEC filings (opens in a new tab)

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.

Q4 2025 vs. Q3 2025

How the institutions holding NextDecade Corp changed between Q3 2025 and Q4 2025.

All holders in Q4 2025 All holders in Q3 2025

13F holders of NEXT: Q3 2025 compared with Q4 2025
Measure	Q3 2025	Of which not filed for Q4 2025	Q4 2025	Change
Holders	194	7	186	−1
Shares	116.8M	4.80M	108.4M	−3.61M (−3.2%)
Value	$793.0M	$32.6M	$571.1M	−$189.3M (−24.9%)

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (35)

Institutions that held NextDecade Corp at the end of Q4 2025 but not at the end of Q3 2025.

Institutions new to NEXT in Q4 2025
Institution	Shares	Value	% of portfolio
Man Investment Partners (US) LP	9,274,894	$48.9M	76.52%
Ripple Effect Asset Management LP	600,000	$3.16M	2.52%
Sourcerock Group LLC	399,979	$2.11M	0.12%
Walleye Trading LLC	247,200	$1.30M	0.02%
NEOS Investment Management LLC	138,108	$727.8K	0.00%
Jaffetilchin Investment Partners, LLC	116,370	$613.3K	0.04%
Capital Fund Management S.A.	106,359	$560.5K	0.01%
Bridgefront Capital, LLC	84,579	$445.7K	0.11%
Aquatic Capital Management LLC	67,746	$357.0K	0.01%
XTX Topco Ltd	65,150	$343.3K	0.01%
Militia Capital Partners, LP	54,800	$288.8K	0.11%
Quadrature Capital Ltd	37,298	$196.6K	0.00%
Gsa Capital Partners LLP	31,762	$167.0K	0.01%
Axq Capital, LP	28,124	$148.2K	0.03%
Y-Intercept (Hong Kong) Ltd	25,271	$133.2K	0.00%
Atria Investments LLC	24,043	$126.7K	0.00%
Ironwood Investment Management LLC	19,921	$105.0K	0.04%
SummitTX Capital, L.P.	19,467	$102.6K	0.00%
Virtu Financial LLC	18,441	$97.0K	0.00%
Atom Investors LP	16,347	$86.1K	0.01%
Centiva Capital, LP	15,748	$83.0K	0.01%
CIBC Asset Management Inc	14,328	$75.5K	0.00%
Guggenheim Capital LLC	12,584	$66.3K	0.00%
Diesslin Group, Inc.	10,000	$52.7K	0.02%
Smartleaf Asset Management LLC	7,500	$40.6K	0.00%
BNP PARIBAS ASSET MANAGEMENT Holding S.A.	2,056	$11.0K	0.00%
Los Angeles Capital Management LLC	760	$4.38K	0.00%
Versant Capital Management, Inc	528	$2.78K	0.00%
Northwestern Mutual Wealth Management Co	442	$2.33K	0.00%
SRS Capital Advisors, Inc.	414	$2.18K	0.00%
Bare Financial Services, Inc	57	$300	0.00%
Essential Partners LLC	50	$264	0.00%
Keating Financial Advisory Services, Inc.	44	$232	0.00%
Transamerica Financial Advisors, Inc.	16	$84	0.00%
Hughes Financial Services, LLC	1	$5	0.00%

Sold out (36)

Institutions that held NextDecade Corp at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of NEXT in Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
Bardin Hill Management Partners LP	9,274,894	$63.0M
Valinor Management, L.P.	4,735,065	$32.2M
Voloridge Investment Management, LLC	977,916	$6.64M
Qube Research & Technologies Ltd	726,837	$4.94M
Adage Capital Partners GP, L.L.C.	300,000	$2.04M
Quantbot Technologies LP	230,499	$1.57M
Moody Aldrich Partners LLC	177,730	$1.21M
Natixis	175,000	$1.19M
State of Wisconsin Investment Board	140,283	$952.5K
Engineers Gate Manager LP	134,002	$909.9K
Brown Advisory Inc	62,667	$425.5K
Spears Abacus Advisors LLC	60,400	$410.1K
Cambria Investment Management, L.P.	59,638	$404.9K
Skopos Labs, Inc.	41,978	$364.8K
FourThought Financial Partners, LLC	52,610	$357.2K
Contravisory Investment Management, Inc.	28,639	$194.5K
Voleon Capital Management LP	25,652	$174.2K
Wealth Enhancement Advisory Services, LLC	20,222	$150.5K
Cinctive Capital Management LP	21,595	$146.6K
Envestnet Asset Management Inc	20,689	$140.5K
SG Americas Securities, LLC	20,692	$140.0K
Cetera Investment Advisers	19,093	$129.6K
Prudential Financial Inc	17,655	$119.9K
ARS Investment Partners, LLC	17,000	$115.4K
Teacher Retirement System of Texas	15,547	$105.6K
Sanctuary Advisors, LLC	15,417	$104.7K
Caxton Associates LLP	13,500	$91.7K
Rockefeller Capital Management L.P.	11,000	$74.7K
Principal Financial Group Inc	10,360	$70.3K
Federated Hermes, Inc.	5,629	$38.2K
US Bancorp	3,890	$26.4K
Global Retirement Partners, LLC	700	$4.75K
UMA Financial Services, Inc.	219	$1.49K
Parkside Financial Bank & Trust	80	$544
Principal Securities, Inc.	34	$231
Montag A & Associates Inc	15	$102

Not filed for Q4 2025 yet (7)

Institutions that held NextDecade Corp at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding NEXT in Q3 2025 that haven't filed for Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
York Capital Management Global Advisors, LLC	4,264,298	$29.0M
Lasry Marc	254,270	$1.73M
Cubist Systematic Strategies, LLC	189,238	$1.28M
Wolverine Trading, LLC	47,267	$328.5K
Glenmede Investment Management, LP	22,490	$152.7K
CIBC Bancorp USA Inc.	14,264	$96.9K
Point72 Europe (London) LLP	5,264	$35.7K