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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
Gsa Capital Partners LLP31,762$167.0K0.01%+31,762New
Zurcher Kantonalbank (Zurich Cantonalbank)31,347$165.2K0.00%00.0%Unchanged
Fox Run Management, L.L.C.30,903$162.9K0.03%+18,707+153.4%Added
First Manhattan Co29,550$155.7K0.00%00.0%Unchanged
Creative Planning29,226$154.0K0.00%−3,808−11.5%Reduced
BNP Paribas Arbitrage, SA29,221$154.0K0.00%+3,264+12.6%Added
M.E. Allison & Co., Inc.28,700$151.2K0.10%00.0%Unchanged
Axq Capital, LP28,124$148.2K0.03%+28,124New
Y-Intercept (Hong Kong) Ltd25,271$133.2K0.00%+25,271New
KLP Kapitalforvaltning AS25,100$132.3K0.00%−3,600−12.5%Reduced
ProShare Advisors LLC24,841$130.9K0.00%+1,960+8.6%Added
Voya Investment Management LLC24,230$127.7K0.00%00.0%Unchanged
Atria Investments LLC24,043$126.7K0.00%+24,043New
Harbor Capital Advisors, Inc.23,640$125.0K0.01%+3,226+15.8%Added
Commonwealth Equity Services, LLC23,405$123.3K0.00%+4,274+22.3%Added
Scientech Research LLC21,097$111.2K0.07%−23,810−53.0%Reduced
Advisor Group Holdings, Inc.20,636$108.8K0.00%+6,293+43.9%Added
State Board of Administration of Florida Retirement System20,290$106.9K0.00%00.0%Unchanged
Ironwood Investment Management LLC19,921$105.0K0.04%+19,921New
SummitTX Capital, L.P.19,467$102.6K0.00%+19,467New
Empower Advisory Group, LLC18,569$97.9K0.00%00.0%Unchanged
Pictet Asset Management Holding SA18,425$97.1K0.00%00.0%Unchanged
Virtu Financial LLC18,441$97.0K0.00%+18,441New
Caitong International Asset Management Co., Ltd18,259$96.2K0.02%+14,836+433.4%Added
HighTower Advisors, LLC18,092$95.3K0.00%−15,935−46.8%Reduced
Victory Capital Management Inc17,262$91.0K0.00%−1,855−9.7%Reduced
Atom Investors LP16,347$86.1K0.01%+16,347New
Centiva Capital, LP15,748$83.0K0.01%+15,748New
Inscription Capital, LLC15,739$82.9K0.01%+2,172+16.0%Added
MAI Capital Management14,534$76.6K0.00%00.0%Unchanged
CIBC Asset Management Inc14,328$75.5K0.00%+14,328New
Guggenheim Capital LLC12,584$66.3K0.00%+12,584New
Parallax Volatility Advisers, L.P.11,861$62.5K0.00%−6,873−36.7%Reduced
Russell Investments Group, Ltd.11,784$62.1K0.00%−3,761−24.2%Reduced
Ameritas Investment Partners, Inc.11,179$58.9K0.00%00.0%Unchanged
Stifel Financial Corp10,782$56.8K0.00%−2,453−18.5%Reduced
Xponance, Inc.10,578$55.7K0.00%+165+1.6%Added
Platform Technology Partners10,450$55.1K0.01%−6,650−38.9%Reduced
Truist Financial Corp10,437$55.0K0.00%00.0%Unchanged
Diesslin Group, Inc.10,000$52.7K0.02%+10,000New
Royal Bank of Canada9,188$48.0K0.00%−419,853−97.9%Reduced
Steward Partners Investment Advisory, LLC8,328$43.9K0.00%−1,438−14.7%Reduced
Smartleaf Asset Management LLC7,500$40.6K0.00%+7,500New
Quest Partners LLC7,354$38.8K0.00%+3,205+77.2%Added
Aster Capital Management (DIFC) Ltd7,201$37.9K0.02%+3,792+111.2%Added
Tower Research Capital LLC (TRC)6,744$35.5K0.00%−4,466−39.8%Reduced
FMR LLC6,405$33.8K0.00%−1,621−20.2%Reduced
KBC Group NV5,707$30.0K0.00%00.0%Unchanged
Optiver Holding B.V.5,410$28.5K0.00%+4,340+405.6%Added
Bogart Wealth, LLC5,000$26.4K0.00%+1,000+25.0%Added
Amalgamated Bank4,267$22.0K0.00%+253+6.3%Added
SBI Securities Co., Ltd.3,385$17.8K0.00%+2,379+236.5%Added
CWM, LLC2,506$13.0K0.00%+1,331+113.3%Added
The PNC Financial Services Group, Inc.2,206$11.6K0.00%+1,297+142.7%Added
National Bank of Canada2,175$11.4K0.00%+154+7.6%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.2,056$11.0K0.00%+2,056New
Comerica Bank2,030$10.7K0.00%−165−7.5%Reduced
GWM Advisors LLC1,707$9.00K0.00%00.0%Unchanged
Wolverine Asset Management LLC1,548$8.16K0.00%00.0%Unchanged
Signaturefd, LLC1,063$5.60K0.00%+104+10.8%Added
EverSource Wealth Advisors, LLC1,044$5.50K0.00%−209−16.7%Reduced
Curio Wealth, LLC1,000$5.46K0.00%00.0%Unchanged
Sterling Capital Management LLC889$4.68K0.00%+565+174.4%Added
Los Angeles Capital Management LLC760$4.38K0.00%+760New
GAMMA Investing LLC766$4.04K0.00%+113+17.3%Added
Farther Finance Advisors, LLC559$2.95K0.00%−6,901−92.5%Reduced
Versant Capital Management, Inc528$2.78K0.00%+528New
Fortitude Family Office, LLC481$2.54K0.00%−453−48.5%Reduced
Northwestern Mutual Wealth Management Co442$2.33K0.00%+442New
SRS Capital Advisors, Inc.414$2.18K0.00%+414New
Parallel Advisors, LLC335$1.76K0.00%+158+89.3%Added
Nisa Investment Advisors, LLC285$1.50K0.00%−1,605−84.9%Reduced
Rothschild Investment LLC152$8010.00%−113−42.6%Reduced
Allworth Financial LP151$7960.00%+124+459.3%Added
CIBC Private Wealth Group, LLC120$6320.00%−200−62.5%Reduced
Bare Financial Services, Inc57$3000.00%+57New
Massmutual Trust Co FSB56$2950.00%00.0%Unchanged
Essential Partners LLC50$2640.00%+50New
Keating Financial Advisory Services, Inc.44$2320.00%+44New
Larson Financial Group LLC34$1790.00%−898−96.4%Reduced
IFP Advisors, Inc32$1690.00%−29−47.5%Reduced
Quarry LP26$1370.00%−65−71.4%Reduced
Transamerica Financial Advisors, Inc.16$840.00%+16New
Hughes Financial Services, LLC1$50.00%+1New
Bessemer Group Inc4$00.00%−4,310−99.9%Reduced
Covestor Ltd17$00.00%00.0%Unchanged
Bardin Hill Management Partners LP0$00.00%−9,274,894−100.0%Sold out
Valinor Management, L.P.0$00.00%−4,735,065−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−977,916−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−726,837−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−300,000−100.0%Sold out
Quantbot Technologies LP0$00.00%−230,499−100.0%Sold out
Moody Aldrich Partners LLC0$00.00%−177,730−100.0%Sold out
Natixis0$00.00%−175,000−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−140,283−100.0%Sold out
Engineers Gate Manager LP0$00.00%−134,002−100.0%Sold out
Brown Advisory Inc0$00.00%−62,667−100.0%Sold out
Spears Abacus Advisors LLC0$00.00%−60,400−100.0%Sold out
Cambria Investment Management, L.P.0$00.00%−59,638−100.0%Sold out
Skopos Labs, Inc.0$00.00%−41,978−100.0%Sold out