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 ($36.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $119.91. Options: 20 managers hold calls ($190.4m notional), 20 hold puts ($292.5m).
Trends to Q1 2026
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 |
| Q3 2025 | 544 |
| Q4 2025 | 607 |
| Q1 2026 | 701 |
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 2024 | 257 | 233 |
| Q3 2024 | 238 | 206 |
| Q4 2024 | 199 | 221 |
| Q1 2025 | 258 | 194 |
| Q2 2025 | 250 | 237 |
| Q3 2025 | 325 | 227 |
| Q4 2025 | 294 | 269 |
| Q1 2026 | 372 | 275 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $368.6m | $241.9m | 0.66 |
| Q3 2025 | $571.2m | $489.1m | 0.86 |
| Q4 2025 | $600.5m | $715.5m | 1.19 |
| Q1 2026 | $190.4m | $292.5m | 1.54 |
Biggest buyers
| FMR LLC | Added | +3.0m |
| Invesco Ltd. | Added | +1.9m |
| ROYAL LONDON ASSET MANAGEMENT LTD | New | +1.6m |
| JANUS HENDERSON GROUP PLC | Added | +781.0k |
| ALLIANCEBERNSTEIN L.P. | Added | +637.7k |
| BlackRock, Inc. | Added | +560.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +449.4k |
| LORD, ABBETT & CO. LLC | Added | +419.4k |
| ASSETMARK, INC | Added | +413.1k |
| Handelsbanken Fonder AB | Added | +412.7k |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -1.2m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -728.3k |
| Electron Capital Partners, LLC | Reduced | -604.5k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Reduced | -448.4k |
| Skandinaviska Enskilda Banken AB (publ) | Sold out | -447.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -427.0k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -403.1k |
| T. Rowe Price Investment Management, Inc. | Reduced | -387.4k |
| Centiva Capital, LP | Sold out | -369.3k |
| Allianz Asset Management GmbH | Reduced | -325.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $41.0m340.0k shares |
| JANE STREET GROUP, LLC | Reduced | $35.7m296.3k shares |
| CITADEL ADVISORS LLC | Reduced | $31.1m258.1k shares |
| IMC-Chicago, LLC | Reduced | $20.2m167.7k shares |
| Jefferies Financial Group Inc. | Reduced | $11.8m97.5k shares |
| GROUP ONE TRADING LLC | Reduced | $8.2m68.1k shares |
| Twin Tree Management, LP | Reduced | $6.6m54.6k shares |
| Point72 Asset Management, L.P. | Reduced | $5.6m46.1k shares |
| Squarepoint Ops LLC | Reduced | $5.2m43.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.2m34.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $121.1m1.0m shares |
| JANE STREET GROUP, LLC | Reduced | $46.5m385.8k shares |
| CITADEL ADVISORS LLC | Reduced | $32.0m265.3k shares |
| IMC-Chicago, LLC | Reduced | $21.1m175.3k shares |
| Walleye Trading LLC | Reduced | $13.6m113.0k shares |
| Jefferies Financial Group Inc. | Reduced | $12.7m105.6k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $9.1m75.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $4.0m33.5k shares |
| PEAK6 LLC | Reduced | $3.7m30.9k shares |
| GROUP ONE TRADING LLC | Reduced | $3.5m29.2k 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 2026
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 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 |
| Q3 2025 | 0 | — | 6 | $4.4m | $3.8m |
| Q4 2025 | 0 | — | 4 | $8.6m | $7.7m |
| Q1 2026 | 0 | — | 3 | $11.3m | $10.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-09 | SHUGAR DANIEL S Chief Executive Officer, director | Sold plan | $6.3m59.5k shares |
| 2026-03-04 | SHUGAR DANIEL S Chief Executive Officer, director | Sold plan | $4.0m39.9k shares |
| 2026-03-02 | BOYNTON CHARLES D Chief Financial Officer | Sold plan | $452.0k4.5k shares |
| 2026-01-30 | WATKINS WILLIAM D Director | Sold | $592.9k5.0k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.05% of their portfolio | 24.9m $3.0bn | Added +560.0k |
| FMR LLC 0.13% of their portfolio | 20.2m $2.4bn | Added +3.0m |
| PRIMECAP MANAGEMENT CO/CA/ 0.64% of their portfolio | 6.8m $815.0m | Reduced -190.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.04% of their portfolio | 6.7m $808.3m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 6.4m $772.2m | First filing |
| STATE STREET CORP 0.02% of their portfolio | 5.5m $658.6m | Added +132.2k |
| Invesco Ltd. 0.06% of their portfolio | 4.7m $571.3m | Added +1.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.4m $531.7m | Added +388.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 3.7m $451.0m | Reduced -427.0k |
| Pictet Asset Management Holding SA 0.35% of their portfolio | 2.8m $332.5m | Reduced -21.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 2.6m $317.6m | Added +204.8k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 2.5m $213.8m | Added +637.7k |
| Handelsbanken Fonder AB 0.81% of their portfolio | 2.0m $243.6m | Added +412.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.8m $220.1m | Added +10.8k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 1.8m $220.1m | Added +49.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.6m $196.5m | Reduced -728.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.65% of their portfolio | 1.6m $195.6m | Added +259.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.6m $189.1m | Added +402.8k |
| UBS Group AG 0.03% of their portfolio | 1.6m $189.0m | Added +202.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.39% of their portfolio | 1.6m $187.9m | New |
| Amundi 0.05% of their portfolio | 1.5m $178.5m | Reduced -236.6k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 1.4m $164.5m | Added +781.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.55% of their portfolio | 1.3m $162.0m | Reduced -1.2m |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.3m $161.7m | Added +53.3k |
| MORGAN STANLEY 0.01% of their portfolio | 1.3m $153.9m | Added +303.2k |
| LORD, ABBETT & CO. LLC 0.50% of their portfolio | 1.3m $152.8m | Added +419.4k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 1.2m $149.3m | Added +129.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.2m $135.3m | Reduced -158.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.17% of their portfolio | 1.2m $143.0m | Added +449.4k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.56% of their portfolio | 1.1m $133.5m | Added +17.0k |
| EARNEST PARTNERS LLC 0.53% of their portfolio | 1.1m $127.5m | Reduced -8.7k |
| Driehaus Capital Management LLC 0.92% of their portfolio | 1.0m $125.1m | Added +237.8k |
| VANGUARD FIDUCIARY TRUST CO 0.03% of their portfolio | 1.0m $121.9m | First filing |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 990.2k $119.4m | Reduced -387.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 966.1k $116.5m | Reduced -17.5k |
| Nuveen, LLC 0.03% of their portfolio | 936.5k $112.9m | Reduced -94.2k |
| Robeco Schweiz AG 2.19% of their portfolio | 858.2k $103.5m | Reduced -47.1k |
| ASSETMARK, INC 0.21% of their portfolio | 841.0k $101.4m | Added +413.1k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 696.6k $84.0m | Reduced -21.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.18% of their portfolio | 682.3k $82.3m | Reduced -131.3k |
| Erste Asset Management GmbH 0.70% of their portfolio | 672.6k $76.0m | Reduced -47.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio | 671.4k $80.9m | Added +88.3k |
| STOREBRAND ASSET MANAGEMENT AS 0.22% of their portfolio | 647.6k $78.1m | Reduced -77.3k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 584.7k $70.5m | Added +365.2k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 528.2k $63.7m | Added +2.6k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 1.11% of their portfolio | 500.5k $60.3m | Reduced -139.2k |
| Encompass Capital Advisors LLC 2.38% of their portfolio | 484.3k $58.4m | Reduced -15.6k |
| FEDERATED HERMES, INC. 0.09% of their portfolio | 464.3k $56.0m | Added +23.7k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 460.3k $55.5m | Added +12.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 450.4k $54.3m | Reduced -54.1k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 449.2k $54.2m | Added +3.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 442.8k $53.4m | Reduced -21.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 437.4k $52.7m | Reduced -160.0k |
| Granahan Investment Management, LLC 2.47% of their portfolio | 424.4k $51.2m | Added +39.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 402.2k $48.5m | Added +6.7k |
| Squarepoint Ops LLC 0.10% of their portfolio | 367.0k $44.2m | New |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.07% of their portfolio | 361.7k $43.6m | Reduced -448.4k |
| Legal & General Group Plc 0.01% of their portfolio | 359.0k $43.3m | Reduced -55.3k |
| ALGERT GLOBAL LLC 0.62% of their portfolio | 343.8k $41.5m | Reduced -99.6k |
| DekaBank Deutsche Girozentrale 0.06% of their portfolio | 320.3k $39.3m | Unchanged |
| SEI INVESTMENTS CO 0.03% of their portfolio | 307.9k $37.1m | Added +27.0k |
| One Fin Capital Management LP 13.95% of their portfolio | 300.0k $36.2m | Unchanged |
| Swiss National Bank 0.02% of their portfolio | 293.6k $35.4m | Added +2.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 285.5k $34.4m | Added +13.3k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 278.8k $33.6m | Reduced -325.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 272.9k $32.9m | Added +175.8k |
| FIL Ltd 0.03% of their portfolio | 268.2k $32.3m | Reduced -52.1k |
| Bridgewater Associates, LP 0.14% of their portfolio | 251.7k $30.3m | Reduced -3.0k |
| TD Asset Management Inc 0.02% of their portfolio | 248.6k $30.0m | New |
| Goodman Financial Corp 5.14% of their portfolio | 248.1k $29.9m | Reduced -81.9k |
| California Public Employees Retirement System 0.02% of their portfolio | 246.1k $29.7m | Reduced -5.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.07% of their portfolio | 240.1k $28.9m | Reduced -8.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 239.8k $28.9m | Reduced -58.9k |
| Man Group plc 0.06% of their portfolio | 237.9k $28.7m | Added +185.0k |
| DANSKE BANK A/S 0.07% of their portfolio | 232.0k $28.0m | Added +2.7k |
| Aventail Capital Group, LP 1.34% of their portfolio | 230.2k $27.7m | Added +157.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.05% of their portfolio | 229.1k $27.6m | Added +8.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.11% of their portfolio | 227.6k $27.4m | Added +100.0k |
| COOKSON PEIRCE & CO INC 1.16% of their portfolio | 226.9k $27.4m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 224.4k $27.1m | Added +220.0k |
| Perpetual Ltd 0.41% of their portfolio | 220.9k $26.6m | Reduced -70.8k |
| CREDIT AGRICOLE S A 0.08% of their portfolio | 204.9k $24.7m | Added +58.3k |
| Arbejdsmarkedets Tillaegspension 0.61% of their portfolio | 202.9k $24.5m | Reduced -59.7k |
| SG Americas Securities, LLC 0.03% of their portfolio | 200.7k $24.2m | Added +154.6k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.13% of their portfolio | 198.9k $24.0m | Reduced -28.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 191.2k $22.5m | Reduced -31.4k |
| Retirement Systems of Alabama 0.07% of their portfolio | 182.0k $21.9m | Added +3.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 182.0k $21.9m | Reduced -193.5k |
| Impax Asset Management Group plc 0.15% of their portfolio | 175.7k $21.2m | New |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 175.3k $21.1m | Reduced -16.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 173.0k $20.9m | Added +33.5k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 169.2k $20.4m | Added +28.9k |
| Wealth High Governance Asset Management Ltda. 3.05% of their portfolio | 162.3k $19.6m | Reduced -81.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 156.3k $18.8m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 155.4k $18.7m | Reduced -7.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 155.2k $18.0m | Reduced -7.6k |
| Swedbank AB 0.02% of their portfolio | 152.9k $18.4m | Reduced -6.6k |
| Blue Door Asset Management, LLC 11.90% of their portfolio | 151.0k $18.2m | Unchanged |
| STRS OHIO 0.07% of their portfolio | 150.9k $18.2m | Added +6.0k |
| MetLife Investment Management, LLC 0.09% of their portfolio | 150.0k $18.1m | Reduced -526 |