Tudor Investment Corp ET AL Boosts NextDecade Corporation Stake

Hedge fund increases ownership of LNG developer by 262.8% in Q3 2025

Apr. 8, 2026 at 11:52am

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Tudor Investment Corp ET AL, a prominent hedge fund, significantly increased its stake in NextDecade Corporation (NASDAQ:NEXT) during the third quarter of 2025. The firm added 661,028 shares, bringing its total ownership to 912,589 shares or about 0.34% of the company.

Why it matters

This sizable investment by a major institutional investor signals confidence in NextDecade's long-term prospects as a developer of liquefied natural gas (LNG) export facilities. It comes as the company navigates a challenging energy market and works to advance its flagship Rio Grande LNG project in Brownsville, Texas.

The details

According to a regulatory filing, Tudor Investment Corp ET AL purchased the additional 661,028 shares of NextDecade, increasing its stake by 262.8%. The hedge fund now owns approximately 0.34% of NextDecade's outstanding shares, valued at around $6.2 million as of the end of the reporting period.

  • The stock purchases occurred during the third quarter of 2025.
  • NextDecade's most recent quarterly report was filed on February 27, 2026.

The players

Tudor Investment Corp ET AL

A prominent hedge fund that has increased its ownership stake in NextDecade Corporation.

NextDecade Corporation

A Houston-based liquefied natural gas (LNG) and decarbonization company focused on developing large-scale LNG export facilities, including its flagship Rio Grande LNG project in Brownsville, Texas.

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What’s next

NextDecade is expected to provide updates on the status of its Rio Grande LNG project and overall business strategy during its next quarterly earnings report.

The takeaway

The sizable increase in ownership by a respected hedge fund like Tudor Investment Corp ET AL underscores the market's belief in NextDecade's ability to successfully develop its LNG export terminal in South Texas, despite the challenges facing the global energy industry.