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 ($32.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $54.37. Options: 25 managers hold calls ($368.6m notional), 22 hold puts ($241.9m).
Trends to Q2 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 |
| Q2 2025 | 514 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 250 | 237 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $95.3m | $87.1m | 0.91 |
| Q4 2024 | $74.9m | $75.2m | 1.00 |
| Q1 2025 | $46.7m | $128.6m | 2.75 |
| Q2 2025 | $368.6m | $241.9m | 0.66 |
Biggest buyers
| WEDGE CAPITAL MANAGEMENT L L P/NC | New | +1.1m |
| D. E. Shaw & Co., Inc. | Added | +1.1m |
| RENAISSANCE TECHNOLOGIES LLC | New | +1.0m |
| Pictet Asset Management Holding SA | Added | +465.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +436.6k |
| Squarepoint Ops LLC | Added | +424.0k |
| Cubist Systematic Strategies, LLC | New | +358.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +323.7k |
| BlackRock, Inc. | Added | +308.1k |
| ALGERT GLOBAL LLC | Added | +289.7k |
Biggest sellers
| Sachem Head Capital Management LP | Reduced | -2.2m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -1.8m |
| FMR LLC | Reduced | -1.5m |
| Invesco Ltd. | Reduced | -1.1m |
| UBS Group AG | Reduced | -766.6k |
| Point72 Asset Management, L.P. | Reduced | -747.3k |
| JANUS HENDERSON GROUP PLC | Reduced | -685.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC | Reduced | -462.2k |
| NORGES BANK | Reduced | -439.9k |
| CITIGROUP INC | Reduced | -336.5k |
Biggest calls
| PEAK6 LLC | Added | $76.7m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $64.2m1.2m shares |
| JANE STREET GROUP, LLC | Added | $57.5m1.1m shares |
| NOMURA HOLDINGS INC | New | $44.7m821.6k shares |
| CITADEL ADVISORS LLC | Added | $31.7m583.3k shares |
| Walleye Trading LLC | Added | $21.8m401.0k shares |
| GROUP ONE TRADING LLC | Added | $20.1m370.3k shares |
| Jefferies Financial Group Inc. | Added | $9.5m174.5k shares |
| SIMPLEX TRADING, LLC | Added | $7.1m131.4k shares |
| IMC-Chicago, LLC | Added | $6.9m127.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $70.9m1.3m shares |
| Twin Tree Management, LP | Added | $27.1m499.1k shares |
| CITADEL ADVISORS LLC | Added | $25.3m464.9k shares |
| Jefferies Financial Group Inc. | Added | $23.1m425.2k shares |
| PEAK6 LLC | Added | $21.4m394.4k shares |
| Walleye Trading LLC | Added | $20.7m380.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $9.3m170.8k shares |
| SIMPLEX TRADING, LLC | Added | $9.2m168.7k shares |
| JANE STREET GROUP, LLC | Reduced | $7.0m129.4k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $5.4m98.4k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 4 | $12.2m | $12.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-25 | Miller Nicholas Marco Chief Operating Officer | Sold plan | $320.3k5.6k shares |
| 2025-06-12 | Miller Nicholas Marco Chief Operating Officer | Sold plan | $4.2m69.8k shares |
| 2025-05-29 | LEDESMA BRUCE Chief Legal & Compliance Ofc | Sold plan | $4.7m83.6k shares |
| 2025-05-23 | LEDESMA BRUCE Chief Legal & Compliance Ofc | Sold plan | $168.8k3.0k shares |
| 2025-05-16 | LEDESMA BRUCE Chief Legal & Compliance Ofc | Sold plan | $1.7m27.5k shares |
| 2025-05-15 | Wenger Howard President, director | Sold plan | $342.2k5.7k shares |
| 2025-05-13 | Bennett David P Chief Accounting Officer | Sold plan | $539.1k9.8k shares |
| 2025-05-13 | Wenger Howard President, director | Sold plan | $333.6k6.1k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 25.7m $1.4bn | Added +308.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 13.9m $754.9m | Added +117.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.33% of their portfolio | 7.7m $417.3m | Added +83.2k |
| STATE STREET CORP 0.01% of their portfolio | 5.4m $291.4m | Reduced -125.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 5.0m $271.4m | Reduced -246.6k |
| FMR LLC 0.01% of their portfolio | 3.7m $200.1m | Reduced -1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.7m $200.1m | Reduced -26.1k |
| Encompass Capital Advisors LLC 6.40% of their portfolio | 2.9m $158.7m | Added +289.7k |
| NORGES BANK 0.02% of their portfolio | 2.6m $140.8m | Reduced -439.9k |
| Invesco Ltd. 0.02% of their portfolio | 2.5m $134.8m | Reduced -1.1m |
| Pictet Asset Management Holding SA 0.13% of their portfolio | 2.4m $129.2m | Added +465.2k |
| Handelsbanken Fonder AB 0.44% of their portfolio | 2.3m $125.2m | Added +176.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.3m $124.6m | Added +133.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.9m $102.2m | Reduced -20.4k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.9m $100.9m | Reduced -35.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.8m $97.7m | Added +114.7k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 1.5m $81.0m | Added +34.9k |
| D. E. Shaw & Co., Inc. 0.07% of their portfolio | 1.4m $73.6m | Added +1.1m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $73.4m | Added +248.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $72.7m | Added +15.4k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.30% of their portfolio | 1.3m $71.6m | Added +74.4k |
| EARNEST PARTNERS LLC 0.32% of their portfolio | 1.3m $70.9m | Reduced -5.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.17% of their portfolio | 1.3m $70.1m | Reduced -191.7k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.24% of their portfolio | 1.2m $65.3m | Added +188.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $62.7m | Added +83.5k |
| Point72 Asset Management, L.P. 0.15% of their portfolio | 1.2m $62.6m | Reduced -747.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $61.9m | Added +35.6k |
| Nuveen, LLC 0.02% of their portfolio | 1.1m $58.8m | Added +124.2k |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 1.1m $58.3m | Reduced -100.0k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 1.04% of their portfolio | 1.1m $58.1m | New |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 1.1m $57.7m | Added +143.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 1.0m $56.6m | New |
| Skandinaviska Enskilda Banken AB (publ) 0.23% of their portfolio | 972.9k $52.9m | Reduced -76.4k |
| Robeco Schweiz AG 1.18% of their portfolio | 942.5k $51.2m | Reduced -48.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.15% of their portfolio | 932.7k $50.7m | Reduced -67.8k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 831.4k $45.2m | Reduced -685.6k |
| Amundi 0.02% of their portfolio | 824.6k $43.5m | Reduced -122.9k |
| MORGAN STANLEY 0.00% of their portfolio | 816.4k $44.4m | Reduced -178.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.11% of their portfolio | 792.8k $43.1m | Reduced -36.9k |
| Sachem Head Capital Management LP 1.27% of their portfolio | 750.0k $40.8m | Reduced -2.2m |
| UBS Group AG 0.01% of their portfolio | 736.4k $40.0m | Reduced -766.6k |
| Erste Asset Management GmbH 0.36% of their portfolio | 733.2k $42.7m | Reduced -199.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 721.1k $39.2m | Reduced -115.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 652.1k $35.5m | Added +50.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 617.4k $33.6m | Added +436.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 601.4k $32.7m | Added +131.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 594.3k $32.3m | Reduced -324.6k |
| TUDOR INVESTMENT CORP ET AL 0.24% of their portfolio | 591.8k $32.2m | Added +156.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio | 574.6k $31.2m | Reduced -462.2k |
| Pacer Advisors, Inc. 0.08% of their portfolio | 573.5k $31.2m | Reduced -255.9k |
| DANSKE BANK A/S 0.08% of their portfolio | 556.4k $30.2m | Added +287.3k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 547.6k $29.8m | Added +323.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 537.2k $29.2m | Added +99.7k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 498.3k $27.1m | Added +168.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 487.8k $26.5m | Added +17.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 467.2k $25.4m | Reduced -1.5k |
| Driehaus Capital Management LLC 0.20% of their portfolio | 460.6k $25.0m | Reduced -304.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 445.4k $24.2m | Added +65.0k |
| Squarepoint Ops LLC 0.05% of their portfolio | 436.0k $23.7m | Added +424.0k |
| ALGERT GLOBAL LLC 0.48% of their portfolio | 422.9k $23.0m | Added +289.7k |
| Legal & General Group Plc 0.01% of their portfolio | 422.0k $22.9m | Added +38.9k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 395.9k $21.5m | Added +20.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 363.6k $19.8m | Added +57.2k |
| BARCLAYS PLC 0.01% of their portfolio | 358.5k $19.5m | Added +106.3k |
| Cubist Systematic Strategies, LLC 0.21% of their portfolio | 358.2k $19.5m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 348.9k $19.0m | Added +12.2k |
| FEDERATED HERMES, INC. 0.04% of their portfolio | 347.9k $18.9m | Reduced -19.8k |
| Goodman Financial Corp 3.72% of their portfolio | 340.6k $18.5m | Reduced -5.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.10% of their portfolio | 332.8k $18.1m | Reduced -35.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 330.4k $18.0m | Added +38.4k |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 320.3k $15.4m | Reduced -55.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 317.4k $17.3m | Reduced -1.8m |
| BlackBarn Capital Partners LP 5.59% of their portfolio | 310.0k $16.9m | Reduced -50.0k |
| Blue Door Asset Management, LLC 9.60% of their portfolio | 308.5k $16.8m | Reduced -108.0k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.07% of their portfolio | 286.2k $15.6m | Added +166.4k |
| Foresight Group Ltd Liability Partnership 2.19% of their portfolio | 283.9k $15.4m | Reduced -15.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 283.4k $15.4m | Reduced -238.3k |
| Swiss National Bank 0.01% of their portfolio | 274.6k $14.9m | Reduced -3.7k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 266.2k $14.5m | Added +105.7k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 243.8k $13.2m | Reduced -12.1k |
| Slate Path Capital LP 0.22% of their portfolio | 238.9k $13.0m | Unchanged |
| TWINBEECH CAPITAL LP 0.29% of their portfolio | 238.8k $13.0m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 223.0k $12.1m | Added +59.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 208.0k $11.3m | Added +138.9k |
| COMERICA BANK 0.04% of their portfolio | 206.7k $11.2m | Added +64.7k |
| CITIGROUP INC 0.01% of their portfolio | 193.9k $10.5m | Reduced -336.5k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.27% of their portfolio | 182.5k $9.9m | New |
| HARBOR CAPITAL ADVISORS, INC. 0.41% of their portfolio | 180.9k $9.8m | Reduced -13.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 180.0k $9.8m | Added +452 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 177.5k $9.6m | Reduced -76.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 176.0k $9.6m | Reduced -21.8k |
| NORTH POINT PORTFOLIO MANAGERS CORP/OH 1.58% of their portfolio | 169.7k $9.2m | Reduced -1.1k |
| Limestone Investment Advisors LP 3.90% of their portfolio | 165.4k $9.0m | First filing |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 162.2k $8.8m | Reduced -7.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 159.9k $8.7m | Added +145.9k |
| MetLife Investment Management, LLC 0.05% of their portfolio | 159.5k $8.7m | Reduced -1.8k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 158.7k $8.6m | Added +96.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 156.3k $8.5m | Reduced -6.2k |
| HRT FINANCIAL LP 0.05% of their portfolio | 155.9k $8.5m | New |
| Merewether Investment Management, LP 0.24% of their portfolio | 155.7k $8.5m | New |