NXT Nextpower Inc.

MIXED Impact: 6/10 Institutional Cluster
Horizon weeks Processed 3mo ago
Institutional cluster: 3 buyers, 2 sellers (mixed)
Final — all horizons settled through T+60d
NXT ▲ +26.50% at T+60d
NEUTRAL call ✓ call won +26.50% · α vs SPY +17.18% · entry $103.72 → $131.21
Entry anchored
Feb 27, 03:59 PM ET
via Databento tick
T+1d
-2.47%
call -2.47% · α -1.55%
$101.16
settled 3mo ago
T+5d
+4.25%
call +4.25% · α +5.46%
$108.13
settled 3mo ago
T+20d
+8.47%
call +8.47% · α +16.41%
$112.51
settled 3mo ago
T+60d
+26.50%
call +26.50% · α +17.18%
$131.21
settled 18d ago

Executive Summary

Three institutional investors, including Fidelity and Norges Bank, significantly increased or initiated positions in Nextpower Inc. (NXT), adding a combined $1.19B in new value, while two others, including RenTech, reduced holdings by $74.5M. The cluster shows diverging views, with large passive and sovereign funds accumulating shares while a quant fund nearly exited.

Key Financial Metrics

Direction
mixed
Buy Value
$1.2B
Sell Value
$74.5M
Net Flow
$1.1B

Institutional Positions

Net institutional flow: $1.1B

▲ Buyers (3)

InstitutionActionChangePosition ValueValue Δ
Fidelity DOUBLED +162.3% $1.5B $1.0B
Norges Bank NEW +0% $170.9M $170.9M
Two Sigma NEW +0% $1.1M $1.1M

▼ Sellers (2)

InstitutionActionChangePrev ValueValue Δ
Wells Fargo TRIM -25.8% $59.6M -$7.5M
RenTech NEAR_EXIT -95% $71.2M -$66.9M

Actionable Insight

The divergence between large passive/sovereign buyers and a quant-driven near-exit suggests a split in outlook—possibly over valuation, sector risk, or strategy. Monitor upcoming earnings and insider activity for confirmation of bullish or bearish momentum.

Key Facts

  • Fidelity doubled its position in NXT, increasing holdings by 10.65M shares (Δ+$1.01B in value).
  • Norges Bank established a new $170.9M position, signaling sovereign investor interest.
  • Two Sigma initiated a small $1.1M quant-driven position.
  • RenTech reduced its stake by 95%, exiting nearly all of its $71.2M position (Δ-$66.9M).
  • Wells Fargo trimmed its position by 25.8%, reducing exposure by $7.5M.

Financial Impact

Institutions accumulated $1.19B in new NXT positions while reducing holdings by $74.5M, resulting in a net institutional inflow of $1.11B.

float ownershipinstitutional ownershipmarket sentiment

Risk Factors

  • Heavy selling by RenTech, a historically successful quant fund, may indicate negative model-driven signals.
  • Fidelity and Wells Fargo are mega-passive funds—some moves may reflect index rebalancing rather than active conviction.

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 institutional 13F filing from SEC EDGAR.

DocumentAccession Number
INST-CLUSTER Data (Synthetic)inst-cluster-NXT-2025-Q4
42 reports for NXT
Performance horizon
56% Hit rate 5 of 9 directional calls best @ T+5▲ +9.27%Jun 1, 2026
Filters
Rows
Reports for NXT — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Institutional Cluster
MIXED ★ 5/10
$119.67 awaiting T+1awaiting T+1
Jun 5, 2026
7d ago
144
BEARISH ★ 5/10
$137.78 awaiting T+1awaiting T+1
Jun 2, 2026
10d ago
Insider Cluster
NEUTRAL ★ 3/10
$152.24 awaiting T+1awaiting T+1
Jun 2, 2026
10d ago
Insider Cluster
NEUTRAL ★ 3/10
$146.47 $150.32▲ +2.63%▲ +2.23%
Jun 1, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$152.22 $146.47▼ −3.78%▼ −3.08%
Jun 1, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$152.22 $146.47▼ −3.78%▼ −3.06%
Jun 1, 2026
11d ago
144
BEARISH ★ 5/10
$145.02 $152.22▼ −4.96%▼ −4.82%
Jun 1, 2026
11d ago
144
NEUTRAL ★ 2/10
$145.02 $152.22▲ +4.96%▲ +4.82%
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 4/10
$137.17 $156.40▲ +14.02%▲ +13.78%
May 27, 2026
16d ago
144
BEARISH ★ 5/10
$137.17 $156.40▼ −14.02%▼ −13.78%
Showing 10 of 42

US Market Status

Market Closed — Opens Mon (48h 48m)

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