NEXTRACKER INC NXT
CLASS A COM · Common Stock · CUSIP 65290E101 · ISIN US65290E1010
American renewable energy company
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersFremont, CA
- Websitenextracker.com
- FilingsSEC EDGAR
* 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 ($6.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.13. Options: 15 managers hold calls ($46.7m notional), 17 hold puts ($128.6m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2023 | 122 |
| Q2 2023 | 163 |
| Q3 2023 | 180 |
| Q4 2023 | 234 |
| Q1 2024 | 457 |
| Q2 2024 | 447 |
| Q3 2024 | 417 |
| Q4 2024 | 437 |
| Q1 2025 | 473 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 129 | 47 |
| Q3 2023 | 131 | 68 |
| Q4 2023 | 162 | 78 |
| Q1 2024 | 390 | 72 |
| Q2 2024 | 257 | 233 |
| Q3 2024 | 238 | 206 |
| Q4 2024 | 199 | 221 |
| Q1 2025 | 258 | 194 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $152.7m | $92.9m | 0.61 |
| Q3 2024 | $95.3m | $87.1m | 0.91 |
| Q4 2024 | $74.9m | $75.2m | 1.00 |
| Q1 2025 | $46.7m | $128.6m | 2.75 |
Biggest buyers
| Point72 Asset Management, L.P. | New | +1.9m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.9m |
| Encompass Capital Advisors LLC | Added | +1.1m |
| T. Rowe Price Investment Management, Inc. | New | +918.3k |
| CITADEL ADVISORS LLC | Added | +918.0k |
| Pacer Advisors, Inc. | Added | +808.0k |
| Driehaus Capital Management LLC | New | +764.7k |
| Pictet Asset Management Holding SA | Added | +687.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | New | +521.7k |
| TUDOR INVESTMENT CORP ET AL | New | +435.6k |
Biggest sellers
| TPG GP A, LLC | Sold out | -3.0m |
| FMR LLC | Reduced | -2.2m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.4m |
| UBS Group AG | Reduced | -1.2m |
| Holocene Advisors, LP | Sold out | -1.0m |
| Balyasny Asset Management L.P. | Sold out | -837.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -736.5k |
| Atreides Management, LP | Sold out | -633.7k |
| Standard Investments LLC | Sold out | -625.0k |
| Goodlander Investment Management, LLC | Reduced | -420.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.6m347.2k shares |
| CITADEL ADVISORS LLC | Reduced | $7.6m179.6k shares |
| ROYAL BANK OF CANADA | Reduced | $4.9m117.0k shares |
| PEAK6 LLC | Added | $4.8m114.8k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m71.2k shares |
| Jefferies Financial Group Inc. | New | $2.6m62.7k shares |
| GROUP ONE TRADING LLC | Added | $2.2m51.2k shares |
| IMC-Chicago, LLC | Reduced | $2.0m46.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.0m45.3k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m31.5k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $34.7m822.5k shares |
| CITADEL ADVISORS LLC | Added | $18.1m430.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.8m351.9k shares |
| Twin Tree Management, LP | Added | $14.0m332.6k shares |
| Jefferies Financial Group Inc. | New | $9.0m214.1k shares |
| PEAK6 LLC | Added | $7.4m175.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $7.2m170.2k shares |
| GROUP ONE TRADING LLC | Reduced | $5.5m131.5k shares |
| D. E. Shaw & Co., Inc. | Added | $4.8m114.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.7m110.4k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution -1.2 pts · filed 2026-08-06 | 12.4% |
| BlackRock, Inc. 13G · institution -2.3 pts · filed 2026-07-29 | 11.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), PRIMECAP MANAGEMENT CO/CA/ (4.7%, 2026-02-11)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $1.5m | 1 | $87.7k | $87.7k |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 3 | $1.1m | $1.1m |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 3 | $1.2m | $1.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-02-10 | LEDESMA BRUCE Chief Legal & Compliance Ofc | Sold plan | $455.5k9.9k shares |
| 2025-01-29 | Bennett David P Chief Accounting Officer | Sold plan | $489.1k9.8k shares |
| 2025-01-16 | Wenger Howard President, director | Sold plan | $273.0k6.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 25.4m $1.1bn | Added +154.8k |
| VANGUARD GROUP INC 0.01% of their portfolio | 13.8m $580.1m | Reduced -77.8k |
| PRIMECAP MANAGEMENT CO/CA/ 0.26% of their portfolio | 7.6m $320.0m | Reduced -109.3k |
| STATE STREET CORP 0.01% of their portfolio | 5.5m $231.2m | Added +10.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 5.2m $220.7m | Added +1.9m |
| FMR LLC 0.01% of their portfolio | 5.1m $216.7m | Reduced -2.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.7m $156.2m | Added +108.5k |
| Invesco Ltd. 0.03% of their portfolio | 3.6m $149.9m | Reduced -317.0k |
| NORGES BANK 0.02% of their portfolio | 3.0m $127.6m | Added +122.8k |
| Sachem Head Capital Management LP 5.03% of their portfolio | 3.0m $125.5m | Unchanged |
| Encompass Capital Advisors LLC 4.26% of their portfolio | 2.6m $110.8m | Added +1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.2m $90.9m | Added +240.4k |
| Handelsbanken Fonder AB 0.37% of their portfolio | 2.1m $89.6m | Reduced -151.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 2.1m $88.2m | Reduced -179.4k |
| Pictet Asset Management Holding SA 0.09% of their portfolio | 1.9m $80.5m | Added +687.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.9m $80.1m | Reduced -17.0k |
| Point72 Asset Management, L.P. 0.22% of their portfolio | 1.9m $80.0m | New |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.9m $79.7m | Reduced -260.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.7m $70.9m | Reduced -184.1k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 1.5m $65.4m | Reduced -28.1k |
| UBS Group AG 0.01% of their portfolio | 1.5m $63.3m | Reduced -1.2m |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.18% of their portfolio | 1.5m $62.4m | Reduced -273.7k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 1.5m $61.3m | Added +918.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $55.7m | Reduced -9.7k |
| EARNEST PARTNERS LLC 0.26% of their portfolio | 1.3m $55.2m | Added +54.9k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.25% of their portfolio | 1.2m $52.4m | Added +33.5k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 1.2m $49.4m | Added +35.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $46.5m | Reduced -1.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.1m $46.4m | Reduced -736.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $45.1m | Added +354.7k |
| Skandinaviska Enskilda Banken AB (publ) 0.22% of their portfolio | 1.0m $44.2m | Reduced -92.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.14% of their portfolio | 1.0m $43.7m | Reduced -30.4k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.17% of their portfolio | 1.0m $42.6m | Added +238.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.14% of their portfolio | 1.0m $42.2m | Reduced -231.9k |
| MORGAN STANLEY 0.00% of their portfolio | 995.3k $41.9m | Reduced -166.4k |
| Robeco Schweiz AG 1.03% of their portfolio | 990.6k $41.7m | Added +385.3k |
| Nuveen, LLC 0.01% of their portfolio | 957.7k $40.4m | First filing |
| Amundi 0.01% of their portfolio | 947.5k $38.9m | Added +359.2k |
| Erste Asset Management GmbH 0.52% of their portfolio | 932.6k $40.2m | Reduced -134.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 918.9k $38.7m | Added +45.1k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 918.3k $38.7m | New |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 836.5k $35.2m | Reduced -24.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio | 829.8k $35.0m | Added +78.3k |
| Pacer Advisors, Inc. 0.08% of their portfolio | 829.4k $34.9m | Added +808.0k |
| Driehaus Capital Management LLC 0.31% of their portfolio | 764.7k $32.2m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 601.9k $25.4m | Added +43.2k |
| CITIGROUP INC 0.02% of their portfolio | 530.4k $22.4m | Reduced -127.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 521.7k $22.0m | New |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 470.3k $19.8m | Reduced -8.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 470.2k $19.8m | Reduced -212 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 468.7k $19.7m | Reduced -507 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 437.5k $18.4m | Added +71.8k |
| TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio | 435.6k $18.4m | New |
| Blue Door Asset Management, LLC 13.32% of their portfolio | 416.5k $17.5m | Reduced -50.0k |
| Legal & General Group Plc 0.00% of their portfolio | 383.1k $16.1m | Reduced -13.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 380.3k $16.0m | Reduced -1.4m |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 375.4k $15.8m | Added +366.1k |
| DekaBank Deutsche Girozentrale 0.04% of their portfolio | 375.3k $21.8m | Added +55.0k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 372.1k $15.7m | Reduced -34.3k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.10% of their portfolio | 368.1k $15.5m | Added +88.1k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 367.8k $15.5m | Reduced -6.2k |
| Trexquant Investment LP 0.18% of their portfolio | 360.0k $15.2m | New |
| BlackBarn Capital Partners LP 5.18% of their portfolio | 360.0k $15.2m | New |
| Goodman Financial Corp 3.15% of their portfolio | 346.4k $14.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 336.7k $14.2m | Added +8.0k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 329.4k $13.9m | Added +264.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 306.5k $12.9m | Added +1.2k |
| Foresight Group Ltd Liability Partnership 1.78% of their portfolio | 299.6k $12.6m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 294.1k $12.4m | Reduced -7.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 293.2k $12.4m | Reduced -240.0k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 292.0k $12.3m | Added +68.5k |
| Swiss National Bank 0.01% of their portfolio | 278.3k $11.7m | Reduced -3.8k |
| DANSKE BANK A/S 0.03% of their portfolio | 269.1k $11.3m | Added +156.1k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 255.9k $10.6m | Added +122.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 253.4k $10.7m | Added +61.9k |
| BARCLAYS PLC 0.00% of their portfolio | 252.2k $10.6m | Reduced -81.9k |
| Sourcerock Group LLC 0.59% of their portfolio | 250.0k $10.5m | Reduced -260.6k |
| New Vernon Capital Holdings II LLC 0.14% of their portfolio | 249.0k $5.9k | Added +245.6k |
| ROYCE & ASSOCIATES LP 0.11% of their portfolio | 241.7k $10.2m | Added +830 |
| Slate Path Capital LP 0.18% of their portfolio | 238.9k $10.1m | New |
| Corebridge Financial, Inc. 0.06% of their portfolio | 228.4k $9.6m | Reduced -4.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 223.9k $9.4m | Added +147.5k |
| ODDO BHF ASSET MANAGEMENT SAS 0.34% of their portfolio | 198.8k $8.4m | Added +78.7k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 197.8k $8.3m | New |
| HARBOR CAPITAL ADVISORS, INC. 0.37% of their portfolio | 194.1k $8.2m | Added +97.3k |
| Tenzing Global Management, LLC 5.73% of their portfolio | 187.5k $7.9m | Reduced -22.5k |
| CAAS CAPITAL MANAGEMENT LP 3.69% of their portfolio | 184.8k $7.8m | Reduced -163.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 180.8k $7.6m | New |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 179.5k $7.6m | Added +25.7k |
| Empowered Funds, LLC 0.10% of their portfolio | 171.1k $7.2m | New |
| NORTH POINT PORTFOLIO MANAGERS CORP/OH 1.26% of their portfolio | 170.8k $7.2m | Added +2.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 169.9k $7.2m | Added +3.6k |
| Twin Tree Management, LP 0.15% of their portfolio | 165.4k $7.0m | Added +139.5k |
| California Public Employees Retirement System 0.00% of their portfolio | 163.4k $6.9m | Reduced -4.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 162.5k $6.8m | Reduced -145 |
| MetLife Investment Management, LLC 0.04% of their portfolio | 161.2k $6.8m | Reduced -4.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 160.5k $6.8m | Reduced -22.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 157.6k $6.6m | Added +28.7k |
| Clear Harbor Asset Management, LLC 0.51% of their portfolio | 151.5k $6.4m | Reduced -1.7k |
| Renaissance Capital LLC 4.92% of their portfolio | 151.2k $6.4m | Reduced -8.6k |