NextDecade Corporation
NextDecade Corporation (NEXT) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · NEXT · as of Sep 30, 2025
Ownership Breakdown
208
Institutional Holders
▲ 13 vs Q2
$787.08M
Total Inst. Value
▼ $357.72M vs Q2
264.99M
Shares Outstanding
freeFloat 48.54%
115.91M
13F Shares Held
▼ 12.57M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
NEXT largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. natural gas transmisison & distribution | 21.10M | 8.09% | 8.09% | $143.30B | Nov 12, 2025 | ▲ 198.4K |
MUBADALA INVESTMENT CO PJSC natural gas transmisison & distribution | 14.21M | 5.45% | 5.45% | $96.46B | Nov 14, 2025 | — held |
VANGUARD GROUP INC natural gas transmisison & distribution | 10.38M | 3.98% | 3.98% | $70.47B | Nov 7, 2025 | ▲ 52.8K |
BARDIN HILL MANAGEMENT PARTNERS LP natural gas transmisison & distribution | 9.27M | 3.56% | 3.56% | $62.98B | Nov 12, 2025 | ▲ 357.0K |
VALINOR MANAGEMENT, L.P. natural gas transmisison & distribution | 4.74M | 1.82% | 1.82% | $32.15B | Nov 14, 2025 | ▼ 3.71M |
CATALYST CAPITAL ADVISORS LLC natural gas transmisison & distribution | 4.64M | 1.78% | 1.78% | $31.52B | Nov 12, 2025 | ▼ 61.9K |
YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC natural gas transmisison & distribution | 4.26M | 1.63% | 1.63% | $28.95B | Nov 14, 2025 | — held |
GEODE CAPITAL MANAGEMENT, LLC natural gas transmisison & distribution | 3.41M | 1.31% | 1.31% | $23.17B | Nov 12, 2025 | ▼ 130.2K |
YAUPON CAPITAL MANAGEMENT LP natural gas transmisison & distribution | 3.36M | 1.29% | 1.29% | $22.79B | Nov 14, 2025 | ▼ 316.1K |
CITADEL ADVISORS LLC natural gas transmisison & distribution | 3.01M | 1.15% | 1.15% | $20.46B | Nov 14, 2025 | ▼ 273.9K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
22
Increased
+6.74M shares4
New Positions
first time holders21
Decreased
−12.66M shares0
Sold Out
fully exitedNet shares change (top 50)
5.92M
+6.74M / −12.66M
Net new holders
+5
4 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
NEXT insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
1
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Boylston Luke Controller | May 13, 2026 | Tax Withhold | 1,312 | $8.54 | $11.2K | 219.5K | Form 4 ↗ |
Beall Pamela K.M. director | Mar 23, 2026 | Purchase | 71,500 | $7.07 | $505.5K | 71.5K | Form 4 ↗ |
Beall Pamela K.M. director | Jan 30, 2026 | Award | 30,245 | — | — | 37.0K | Form 4 ↗ |
Vrattos William C director | Jan 30, 2026 | Award | 51,984 | — | — | 78.5K | Form 4 ↗ |
Sands Diana L director | Jan 30, 2026 | Award | 40,642 | — | — | 47.4K | Form 4 ↗ |
Chapman Frank director | Jan 30, 2026 | Award | 30,245 | — | — | 285.4K | Form 4 ↗ |
Belke Brian director | Jan 30, 2026 | Award | 49,149 | — | — | 440.9K | Form 4 ↗ |
Scoggins Edward Andrew Jr. director | Jan 30, 2026 | Award | 30,245 | — | — | 230.3K | Form 4 ↗ |
Wells Louis Spencer director | Jan 30, 2026 | Award | 30,245 | — | — | 276.4K | Form 4 ↗ |
Hanwha Aerospace Co., Ltd. 10 percent owner | Dec 12, 2025 | Purchase | 800,000 | $5.54 | $4.43M | 26.42M | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
NextDecade Corporation (NEXT) is primarily owned by institutional investors, who hold approximately 43.7% of total shares outstanding. Company insiders own approximately 51.46%, while retail and public investors account for the remaining 4.80%.
The largest institutional shareholder of NextDecade Corporation is BLACKROCK, INC., holding approximately 21.10 million shares — equal to 8.09% of outstanding shares — as of September 30, 2025.
A total of 208 institutional investors currently hold NEXT stock, with a combined institutional value of approximately $787,084,623 as of the most recent 13F filing period.
Frequently asked questions
NEXT ownershipNextDecade Corporation (NEXT) is primarily owned by institutional investors, who hold approximately 43.7% of shares. The largest shareholder is BLACKROCK, INC. with a 8.09% stake. Company insiders hold 51.46%. Data sourced from SEC Form 13F as of September 30, 2025.