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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, Q4 2025

Institutional positions in NextDecade Corp as of Dec 31, 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
186
−1 vs. Q3 2025
Shares held
108.4M
−3.61M (−3.2%) vs. Q3 2025
Total value
$571.1M
−$189.3M (−24.9%) vs. Q3 2025
New holders
35
72 more added
Sold out
36
54 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 186 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 heldQ4 2025: $571.1M
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, Q4 2025

Shares, value and share of portfolio for each institution holding NextDecade Corp; share changes are against Q3 2025.

Institutions holding NEXT in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bessemer Group Inc4$00.00%−4,310−99.9%Reduced
Covestor Ltd17$00.00%00.0%Unchanged
Hughes Financial Services, LLC1$50.00%+1New
Transamerica Financial Advisors, Inc.16$840.00%+16New
Quarry LP26$1370.00%−65−71.4%Reduced
IFP Advisors, Inc32$1690.00%−29−47.5%Reduced
Larson Financial Group LLC34$1790.00%−898−96.4%Reduced
Keating Financial Advisory Services, Inc.44$2320.00%+44New
Essential Partners LLC50$2640.00%+50New
Massmutual Trust Co FSB56$2950.00%00.0%Unchanged
Bare Financial Services, Inc57$3000.00%+57New
CIBC Private Wealth Group, LLC120$6320.00%−200−62.5%Reduced
Allworth Financial LP151$7960.00%+124+459.3%Added
Rothschild Investment LLC152$8010.00%−113−42.6%Reduced
Nisa Investment Advisors, LLC285$1.50K0.00%−1,605−84.9%Reduced
Parallel Advisors, LLC335$1.76K0.00%+158+89.3%Added
SRS Capital Advisors, Inc.414$2.18K0.00%+414New
Northwestern Mutual Wealth Management Co442$2.33K0.00%+442New
Fortitude Family Office, LLC481$2.54K0.00%−453−48.5%Reduced
Versant Capital Management, Inc528$2.78K0.00%+528New
Farther Finance Advisors, LLC559$2.95K0.00%−6,901−92.5%Reduced
GAMMA Investing LLC766$4.04K0.00%+113+17.3%Added
Los Angeles Capital Management LLC760$4.38K0.00%+760New
Sterling Capital Management LLC889$4.68K0.00%+565+174.4%Added
Curio Wealth, LLC1,000$5.46K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC1,044$5.50K0.00%−209−16.7%Reduced
Signaturefd, LLC1,063$5.60K0.00%+104+10.8%Added
Wolverine Asset Management LLC1,548$8.16K0.00%00.0%Unchanged
GWM Advisors LLC1,707$9.00K0.00%00.0%Unchanged
Comerica Bank2,030$10.7K0.00%−165−7.5%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.2,056$11.0K0.00%+2,056New
National Bank of Canada2,175$11.4K0.00%+154+7.6%Added
The PNC Financial Services Group, Inc.2,206$11.6K0.00%+1,297+142.7%Added
CWM, LLC2,506$13.0K0.00%+1,331+113.3%Added
SBI Securities Co., Ltd.3,385$17.8K0.00%+2,379+236.5%Added
Amalgamated Bank4,267$22.0K0.00%+253+6.3%Added
Bogart Wealth, LLC5,000$26.4K0.00%+1,000+25.0%Added
Optiver Holding B.V.5,410$28.5K0.00%+4,340+405.6%Added
KBC Group NV5,707$30.0K0.00%00.0%Unchanged
FMR LLC6,405$33.8K0.00%−1,621−20.2%Reduced
Tower Research Capital LLC (TRC)6,744$35.5K0.00%−4,466−39.8%Reduced
Aster Capital Management (DIFC) Ltd7,201$37.9K0.02%+3,792+111.2%Added
Quest Partners LLC7,354$38.8K0.00%+3,205+77.2%Added
Smartleaf Asset Management LLC7,500$40.6K0.00%+7,500New
Steward Partners Investment Advisory, LLC8,328$43.9K0.00%−1,438−14.7%Reduced
Royal Bank of Canada9,188$48.0K0.00%−419,853−97.9%Reduced
Diesslin Group, Inc.10,000$52.7K0.02%+10,000New
Truist Financial Corp10,437$55.0K0.00%00.0%Unchanged
Platform Technology Partners10,450$55.1K0.01%−6,650−38.9%Reduced
Xponance, Inc.10,578$55.7K0.00%+165+1.6%Added
Stifel Financial Corp10,782$56.8K0.00%−2,453−18.5%Reduced
Ameritas Investment Partners, Inc.11,179$58.9K0.00%00.0%Unchanged
Russell Investments Group, Ltd.11,784$62.1K0.00%−3,761−24.2%Reduced
Parallax Volatility Advisers, L.P.11,861$62.5K0.00%−6,873−36.7%Reduced
Guggenheim Capital LLC12,584$66.3K0.00%+12,584New
CIBC Asset Management Inc14,328$75.5K0.00%+14,328New
MAI Capital Management14,534$76.6K0.00%00.0%Unchanged
Inscription Capital, LLC15,739$82.9K0.01%+2,172+16.0%Added
Centiva Capital, LP15,748$83.0K0.01%+15,748New
Atom Investors LP16,347$86.1K0.01%+16,347New
Victory Capital Management Inc17,262$91.0K0.00%−1,855−9.7%Reduced
HighTower Advisors, LLC18,092$95.3K0.00%−15,935−46.8%Reduced
Caitong International Asset Management Co., Ltd18,259$96.2K0.02%+14,836+433.4%Added
Virtu Financial LLC18,441$97.0K0.00%+18,441New
Pictet Asset Management Holding SA18,425$97.1K0.00%00.0%Unchanged
Empower Advisory Group, LLC18,569$97.9K0.00%00.0%Unchanged
SummitTX Capital, L.P.19,467$102.6K0.00%+19,467New
Ironwood Investment Management LLC19,921$105.0K0.04%+19,921New
State Board of Administration of Florida Retirement System20,290$106.9K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.20,636$108.8K0.00%+6,293+43.9%Added
Scientech Research LLC21,097$111.2K0.07%−23,810−53.0%Reduced
Commonwealth Equity Services, LLC23,405$123.3K0.00%+4,274+22.3%Added
Harbor Capital Advisors, Inc.23,640$125.0K0.01%+3,226+15.8%Added
Atria Investments LLC24,043$126.7K0.00%+24,043New
Voya Investment Management LLC24,230$127.7K0.00%00.0%Unchanged
ProShare Advisors LLC24,841$130.9K0.00%+1,960+8.6%Added
KLP Kapitalforvaltning AS25,100$132.3K0.00%−3,600−12.5%Reduced
Y-Intercept (Hong Kong) Ltd25,271$133.2K0.00%+25,271New
Axq Capital, LP28,124$148.2K0.03%+28,124New
M.E. Allison & Co., Inc.28,700$151.2K0.10%00.0%Unchanged
BNP Paribas Arbitrage, SA29,221$154.0K0.00%+3,264+12.6%Added
Creative Planning29,226$154.0K0.00%−3,808−11.5%Reduced
First Manhattan Co29,550$155.7K0.00%00.0%Unchanged
Fox Run Management, L.L.C.30,903$162.9K0.03%+18,707+153.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)31,347$165.2K0.00%00.0%Unchanged
Gsa Capital Partners LLP31,762$167.0K0.01%+31,762New
Jones Financial Companies LLLP32,019$168.7K0.00%+6,450+25.2%Added
Arizona State Retirement System32,452$171.0K0.00%−2,270−6.5%Reduced
Police & Firemen's Retirement System of New Jersey37,034$195.2K0.00%00.0%Unchanged
Magnetar Financial LLC37,283$196.5K0.00%−1,184−3.1%Reduced
Quadrature Capital Ltd37,298$196.6K0.00%+37,298New
AQR Capital Management LLC41,241$217.3K0.00%+21,566+109.6%Added
Virginia Retirement Systems Et Al46,714$246.2K0.00%−85,450−64.7%Reduced
First Trust Advisors LP47,581$250.8K0.00%−7,466−13.6%Reduced
Intech Investment Management LLC52,453$276.4K0.00%00.0%Unchanged
Militia Capital Partners, LP54,800$288.8K0.11%+54,800New
Mercer Global Advisors Inc55,720$293.6K0.00%+4,676+9.2%Added
Janus Henderson Group PLC56,238$296.1K0.00%00.0%Unchanged
Captrust Financial Advisors56,500$297.8K0.00%−1,001−1.7%Reduced
Van Eck Associates Corp58,055$306.0K0.00%+6,838+13.4%Added