Vault-13

NEXTIER OILFIELD SOLUTIONS FRAC

COM · Common Stock · CUSIP 65290C105

229 institutional holders +5 vs Q3 2022
198,137,951198.1m shares reported held*
$1.8bnreported value*
37 new 91 added 71 reduced 34 sold out net bought ≈ $99.4m (+10.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($5.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.24. Options: 9 managers hold calls ($23.1m notional), 7 hold puts ($1.6m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 224Q4 22: 229229Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022224
Q4 2022229

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 22 calls: $15.9mQ3 22 puts: $7.0mQ3 22P/C 0.44Q4 22 calls: $23.1mQ4 22 puts: $1.6mQ4 22P/C 0.07
Numbers
QuarterCallsPutsP/C
Q3 2022$15.9m$7.0m0.44
Q4 2022$23.1m$1.6m0.07

Biggest buyers

Cerberus Capital Management, L.P. Added +4,912,012+4.9m
VAN ECK ASSOCIATES CORP Added +2,246,804+2.2m
Point72 Asset Management, L.P. Added +2,022,019+2.0m
RENAISSANCE TECHNOLOGIES LLC Added +1,346,156+1.3m
Boston Partners Added +934,921+934.9k
AMERICAN CENTURY COMPANIES INC Added +897,914+897.9k
BlackRock Inc. Added +836,120+836.1k
FMR LLC Added +808,876+808.9k
PRUDENTIAL FINANCIAL INC Added +786,345+786.3k
Invesco Ltd. Added +754,658+754.7k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -3,737,044-3.7m
Nuveen Asset Management, LLC Reduced -959,386-959.4k
Balyasny Asset Management L.P. Reduced -913,498-913.5k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Sold out -847,218-847.2k
Graham Capital Management, L.P. Reduced -845,435-845.4k
ExodusPoint Capital Management, LP Reduced -730,449-730.4k
Alyeska Investment Group, L.P. Reduced -699,995-700.0k
Russell Investments Group, Ltd. Reduced -693,883-693.9k
Cubist Systematic Strategies, LLC Reduced -515,467-515.5k
GROUP ONE TRADING LLC Reduced -486,904-486.9k

Biggest calls

JANE STREET GROUP, LLC Added $16.7m1.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.6m284.9k shares
SIMPLEX TRADING, LLC Added $1.5m164.7k shares
GROUP ONE TRADING LLC Reduced $843.6k91.3k shares
CITADEL ADVISORS LLC Added $820.5k88.8k shares
PEAK6 Investments LLC Reduced $371.4k40.2k shares
WOLVERINE TRADING, LLC New $212.0k22.9k shares
Cutler Group LLC / CA Added $2.0k8.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $803.9k87.0k shares
CITADEL ADVISORS LLC Added $354.8k38.4k shares
WOLVERINE TRADING, LLC New $276.0k29.9k shares
JANE STREET GROUP, LLC Reduced $116.4k12.6k shares
SIMPLEX TRADING, LLC Reduced $28.0k3.1k shares
PEAK6 Investments LLC Reduced $22.2k2.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Cerberus Capital Management, L.P. 7.00% of their portfolio NEW YORK, NY 32,330,82832.3m $298.7m $298.7m 7.00% Added +4.9m +4,912,012
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 20,822,56720.8m $192.4m $192.4m 0.01% Added +729.4k +729,423
3 BlackRock Inc. 0.00% of their portfolio New York, NY 13,124,21413.1m $121.3m $121.3m 0.00% Added +836.1k +836,120
4 FMR LLC 0.01% of their portfolio BOSTON, MA 12,947,85812.9m $119.6m $119.6m 0.01% Added +808.9k +808,876
5 T. Rowe Price Investment Management, Inc. 0.07% of their portfolio BALTIMORE, MD 10,221,83810.2m $94.5m $94.5m 0.07% Reduced -23.2k -23,197
6 VAN ECK ASSOCIATES CORP 0.19% of their portfolio NEW YORK, NY 7,845,1537.8m $72.5m $72.5m 0.19% Added +2.2m +2,246,804
7 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 6,421,7306.4m $59.3m $59.3m 0.02% Added +56.6k +56,645
8 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 5,821,4785.8m $53.8m $53.8m 0.06% Added +229.0k +228,960
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,968,7375.0m $45.9m $45.9m 0.00% Added +284.5k +284,493
10 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 4,665,0074.7m $43.1m $43.1m 0.01% Added +192.1k +192,076
11 Fisher Asset Management, LLC 0.03% of their portfolio PLANO, TX 4,447,0684.4m $41.1m $41.1m 0.03% Added +138.9k +138,928
12 Boston Partners 0.05% of their portfolio BOSTON, MA 4,317,2244.3m $39.9m $39.9m 0.05% Added +934.9k +934,921
13 Greenhouse Funds LLLP 2.83% of their portfolio BALTIMORE, MD 3,332,0163.3m $30.8m $30.8m 2.83% Added +683.8k +683,785
14 Aristotle Capital Boston, LLC 0.97% of their portfolio BOSTON, MA 3,329,7903.3m $30.8m $30.8m 0.97% Reduced -123.9k -123,884
15 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 3,048,0793.0m $28.2m $28.2m 0.01% Reduced -414.1k -414,108
16 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,960,3813.0m $27.4m $27.4m 0.00% Added +105.1k +105,127
17 WESTFIELD CAPITAL MANAGEMENT CO LP 0.21% of their portfolio BOSTON, MA 2,942,1812.9m $27.2m $27.2m 0.21% Added +119.0k +118,989
18 Point72 Asset Management, L.P. 0.10% of their portfolio STAMFORD, CT 2,760,6192.8m $25.5m $25.5m 0.10% Added +2.0m +2,022,019
19 TWO SIGMA ADVISERS, LP 0.07% of their portfolio NEW YORK, NY 2,635,5262.6m $24.4m $24.4m 0.07% Added +265.5k +265,500
20 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 2,502,0622.5m $23.1m $23.1m 0.03% Added +1.3m +1,346,156
21 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 2,466,0032.5m $22.8m $22.8m 0.01% Added +754.7k +754,658
22 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 2,425,5572.4m $22.4m $22.4m 0.02% Added +96.2k +96,175
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,916,1081.9m $17.7m $17.7m 0.01% Reduced -193.4k -193,396
24 SIR Capital Management, L.P. 1.70% of their portfolio NEW YORK, NY 1,750,3891.8m $16.2m $16.2m 1.70% Added +485.4k +485,429
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,703,4481.7m $15.7m $15.7m 0.00% Added +30.3k +30,257
26 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,681,9631.7m $15.5m $15.5m 0.01% Reduced -959.4k -959,386
27 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 1,541,4561.5m $14.2m $14.2m 0.03% Reduced -693.9k -693,883
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,401,0091.4m $12.9m $12.9m 0.00% Added +115.5k +115,516
29 Assenagon Asset Management S.A. 0.05% of their portfolio SENNINGERBERG, N4 1,301,6431.3m $12.0m $12.0m 0.05% Reduced -11.8k -11,826
30 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 1,298,7651.3m $12.0m $12.0m 0.04% Reduced -193.1k -193,092
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,206,6581.2m $11.2m $11.2m 0.00% Added +14.2k +14,178
32 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 1,161,6621.2m $10.7m $10.7m 0.02% Added +356.4k +356,357
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,019,6931.0m $9.4m $9.4m 0.00% Added +460.5k +460,501
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 1,003,6841.0m $9.3m $9.3m 0.02% Added +381.1k +381,087
35 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 956,748956.7k $8.8m $8.8m 0.01% Added +897.9k +897,914
36 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 903,910903.9k $8.4m $8.4m 0.01% Reduced -3.7m -3,737,044
37 Apis Capital Advisors, LLC 9.53% of their portfolio New York, NY 890,000890.0k $8.2m $8.2m 9.53% Added +110.0k +110,000
38 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 808,271808.3k $7.5m $7.5m 0.01% Added +786.3k +786,345
39 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 791,331791.3k $7.3m $7.3m 0.02% Added +27.0k +27,002
40 Sagefield Capital LP 1.69% of their portfolio DALLAS, TX 720,542720.5k $6.7m $6.7m 1.69% Reduced -72.1k -72,051
41 CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio PARIS, I0 716,123716.1k $6.6m $6.6m 0.15% Added +395.7k +395,708
42 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 697,089697.1k $6.4m $6.4m 0.01% Reduced -6.7k -6,669
43 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 694,140694.1k $6.4m $6.4m 0.00% Reduced -59.8k -59,770
44 VIKING FUND MANAGEMENT LLC 1.23% of their portfolio MINOT, ND 670,000670.0k $6.2m $6.2m 1.23% Unchanged
45 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 647,740647.7k $6.0m $6.0m 0.02% New
46 Weiss Multi-Strategy Advisers LLC 0.15% of their portfolio NEW YORK, NY 579,803579.8k $5.4m $5.4m 0.15% New
47 Webs Creek Capital Management LP 4.42% of their portfolio DALLAS, TX 570,000570.0k $5.3m $5.3m 4.42% First filing
48 TWINBEECH CAPITAL LP 0.10% of their portfolio PURCHASE, NY 551,720551.7k $5.1m $5.1m 0.10% Added +266.2k +266,197
49 Cubist Systematic Strategies, LLC 0.04% of their portfolio STAMFORD, CT 516,248516.2k $4.8m $4.8m 0.04% Reduced -515.5k -515,467
50 Hillsdale Investment Management Inc. 0.40% of their portfolio Toronto, A6 506,300506.3k $4.7m $4.7m 0.40% Unchanged
51 INVESCO SENIOR SECURED MANAGEMENT INC /ADV 2.93% of their portfolio NEW YORK, NY 490,510490.5k $4.5m $4.5m 2.93% Reduced -247.2k -247,202
52 Swiss National Bank 0.00% of their portfolio ZURICH, V8 471,633471.6k $4.4m $4.4m 0.00% Added +8.7k +8,700
53 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 448,977449.0k $4.1m $4.1m 0.00% New
54 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 407,749407.7k $3.8m $3.8m 0.01% Reduced -12.0k -12,022
55 McGowan Group Asset Management, Inc. 0.53% of their portfolio DALLAS, TX 361,833361.8k $3.3m $3.3m 0.53% New
56 NEXT CENTURY GROWTH INVESTORS LLC 0.40% of their portfolio PLYMOUTH, MN 361,743361.7k $3.3m $3.3m 0.40% New
57 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio Boston, MA 360,000360.0k $3.3m $3.3m 0.01% Added +40.0k +40,000
58 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 355,934355.9k $3.3m $3.3m 0.00% Added +181.7k +181,719
59 Trexquant Investment LP 0.09% of their portfolio STAMFORD, CT 340,728340.7k $3.1m $3.1m 0.09% Added +25.5k +25,496
60 ALGERT GLOBAL LLC 0.17% of their portfolio SAN FRANCISCO, CA 339,015339.0k $3.1m $3.1m 0.17% Added +91.5k +91,487
61 Hartree Partners, LP 2.62% of their portfolio NEW YORK, NY 330,000330.0k $3.0m $3.0m 2.62% Added +110.0k +110,000
62 CastleKnight Management LP 0.84% of their portfolio New York, NY 313,400313.4k $2.9m $2.9m 0.84% New
63 Elm Ridge Management, LLC 2.61% of their portfolio BRIARCLIFF MANOR, NY 297,360297.4k $2.7m $2.7m 2.61% Reduced -30.3k -30,331
64 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 290,962291.0k $2.7m $2.7m 0.00% Reduced -8.2k -8,248
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 268,353268.4k $2.5m $2.5m 0.00% Added +268.3k +268,337
66 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 267,818267.8k $2.5m $2.5m 0.00% Added +3.4k +3,397
67 Skylands Capital, LLC 0.39% of their portfolio Milwaukee, WI 265,950265.9k $2.5m $2.5m 0.39% New
68 GAGNON SECURITIES LLC 0.53% of their portfolio New York, NY 259,054259.1k $2.4m $2.4m 0.53% Reduced -4.6k -4,608
69 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 250,938250.9k $2.3m $2.3m 0.01% New
70 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 240,063240.1k $2.2m $2.2m 0.00% Added +2.7k +2,709
71 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 237,648237.6k $2.2m $2.2m 0.01% Unchanged
72 Dynamic Technology Lab Private Ltd 0.22% of their portfolio SINGAPORE, U0 237,329237.3k $2.2m $2.2m 0.22% Reduced -57.3k -57,333
73 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 236,608236.6k $2.2m $2.2m 0.00% Added +9.0k +8,973
74 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 219,195219.2k $2.0m $2.0m 0.00% Added +155.4k +155,441
75 Alyeska Investment Group, L.P. 0.02% of their portfolio CHICAGO, IL 215,921215.9k $2.0m $2.0m 0.02% Reduced -700.0k -699,995
76 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 208,100208.1k $1.9m $1.9m 0.00% Reduced -26.4k -26,350
77 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 172,753172.8k $1.6m $1.6m 0.00% Added +11.6k +11,641
78 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 172,221172.2k $1.6m $1.6m 0.00% New
79 Legal & General Group Plc 0.00% of their portfolio London, X0 156,257156.3k $1.4m $1.4m 0.00% Added +6.2k +6,179
80 Jump Financial, LLC 0.08% of their portfolio Chicago, IL 154,479154.5k $1.4m $1.4m 0.08% New
81 1492 Capital Management LLC 0.89% of their portfolio MILWAUKEE, WI 148,706148.7k $1.4m $1.4m 0.89% Added +902 +902
82 RENAISSANCE GROUP LLC 0.07% of their portfolio Covington, KY 148,350148.3k $1.4m $1.4m 0.07% New
83 Pearl River Capital, LLC 0.23% of their portfolio Niles, MI 147,503147.5k $1.4m $1.4m 0.23% Added +65.1k +65,136
84 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 139,161139.2k $1.3m $1.3m 0.02% Reduced -451.6k -451,560
85 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 129,700129.7k $1.2m $1.2m 0.00% New
86 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 128,210128.2k $1.2m $1.2m 0.00% New
87 Beck Bode, LLC 0.27% of their portfolio DEDHAM, MA 127,664127.7k $1.2m $1.2m 0.27% Added +103.6k +103,632
88 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 124,732124.7k $1.2m $1.2m 0.00% Reduced -192 -192
89 PURSUE WEALTH PARTNERS LLC 0.87% of their portfolio ALAMO, CA 121,900121.9k $1.1m $1.1m 0.87% Unchanged
90 Engineers Gate Manager LP 0.06% of their portfolio NEW YORK, NY 116,452116.5k $1.1m $1.1m 0.06% Reduced -15.5k -15,510
91 DARK FOREST CAPITAL MANAGEMENT LP 0.24% of their portfolio NEW YORK, NY 103,481103.5k $956.2k $956.2k 0.24% Reduced -121.7k -121,658
92 ClariVest Asset Management LLC 0.05% of their portfolio SAN DIEGO, CA 101,272101.3k $935.0k $935.0k 0.05% Added +62.5k +62,521
93 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 92,54192.5k $855.0k $855.0k 0.01% Reduced -730.4k -730,449
94 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 92,06792.1k $851.0k $851.0k 0.01% Added +3.4k +3,417
95 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 91,78591.8k $848.1k $848.1k 0.01% Unchanged
96 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 91,58091.6k $846.2k $846.2k 0.00% Added +52.2k +52,200
97 VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio RICHMOND, VA 91,40091.4k $844.5k $844.5k 0.01% Added +62.9k +62,900
98 Gotham Asset Management, LLC 0.02% of their portfolio NEW YORK, NY 90,52190.5k $836.4k $836.4k 0.02% Added +61.1k +61,082
99 Jackson Creek Investment Advisors LLC 0.36% of their portfolio CASTLE ROCK, CO 87,24887.2k $806.0k $806.0k 0.36% New
100 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 86,23486.2k $796.8k $796.8k 0.00% New