Vault-13

NEXTIER OILFIELD SOLUTIONS FRAC

COM · Common Stock · CUSIP 65290C105

1 institutional holders -228 vs Q2 2023
11 shares reported held*
$11reported value*
0 new 0 added 0 reduced 226 sold out net sold ≈ $2.3bn (-210.8m 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. Holder counts are more reliable. Implied quarter-end price ≈ $11.00.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 224Q4 22: 229Q1 23: 246Q2 23: 229Q3 23: 11Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022224
Q4 2022229
Q1 2023246
Q2 2023229
Q3 20231

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 128 bought or addedQ4 22: 105 cut or sold outQ4 22Q1 23: 140 bought or addedQ1 23: 105 cut or sold outQ1 23Q2 23: 111 bought or addedQ2 23: 135 cut or sold outQ2 23Q3 23: 0 bought or addedQ3 23: 226 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022128105
Q1 2023140105
Q2 2023111135
Q3 20230226

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ4 22 calls: $23.1mQ4 22 puts: $1.6mQ4 22P/C 0.07Q1 23 calls: $8.3mQ1 23 puts: $1.5mQ1 23P/C 0.18Q2 23 calls: $4.7mQ2 23 puts: $1.6mQ2 23P/C 0.35Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —
Numbers
QuarterCallsPutsP/C
Q4 2022$23.1m$1.6m0.07
Q1 2023$8.3m$1.5m0.18
Q2 2023$4.7m$1.6m0.35
Q3 2023$0$0—

Biggest buyers

None

Biggest sellers

Cerberus Capital Management, L.P. Sold out -27,418,816-27.4m
BlackRock Inc. Sold out -26,499,751-26.5m
VANGUARD GROUP INC Sold out -21,215,082-21.2m
FMR LLC Sold out -15,582,113-15.6m
T. Rowe Price Investment Management, Inc. Sold out -9,110,715-9.1m
DIMENSIONAL FUND ADVISORS LP Sold out -8,770,234-8.8m
MACQUARIE GROUP LTD Sold out -7,940,359-7.9m
STATE STREET CORP Sold out -7,579,254-7.6m
PRINCIPAL FINANCIAL GROUP INC Sold out -6,563,657-6.6m
Greenhouse Funds LLLP Sold out -5,511,512-5.5m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $11 $11 0.00% Unchanged