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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
FourThought Financial Partners, LLC0$00.00%−52,610−100.0%Sold out
Contravisory Investment Management, Inc.0$00.00%−28,639−100.0%Sold out
Voleon Capital Management LP0$00.00%−25,652−100.0%Sold out
Wealth Enhancement Advisory Services, LLC0$00.00%−20,222−100.0%Sold out
Cinctive Capital Management LP0$00.00%−21,595−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−20,689−100.0%Sold out
SG Americas Securities, LLC0$00.00%−20,692−100.0%Sold out
Cetera Investment Advisers0$00.00%−19,093−100.0%Sold out
Prudential Financial Inc0$00.00%−17,655−100.0%Sold out
ARS Investment Partners, LLC0$00.00%−17,000−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−15,547−100.0%Sold out
Sanctuary Advisors, LLC0$00.00%−15,417−100.0%Sold out
Caxton Associates LLP0$00.00%−13,500−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−11,000−100.0%Sold out
Principal Financial Group Inc0$00.00%−10,360−100.0%Sold out
Federated Hermes, Inc.0$00.00%−5,629−100.0%Sold out
US Bancorp0$00.00%−3,890−100.0%Sold out
Global Retirement Partners, LLC0$00.00%−700−100.0%Sold out
UMA Financial Services, Inc.0$00.00%−219−100.0%Sold out
Parkside Financial Bank & Trust0$00.00%−80−100.0%Sold out
Principal Securities, Inc.0$00.00%−34−100.0%Sold out
Montag A & Associates Inc0$00.00%−15−100.0%Sold out
York Capital Management Global Advisors, LLC––––Not filed
Lasry Marc––––Not filed
Cubist Systematic Strategies, LLC––––Not filed
Wolverine Trading, LLC––––Not filed
Glenmede Investment Management, LP––––Not filed
CIBC Bancorp USA Inc.––––Not filed
Point72 Europe (London) LLP––––Not filed