Forbes Energy Services Ltd
FES
FES was delisted on the 18th of November, 2016.
22 hedge funds and large institutions have $4.5M invested in Forbes Energy Services Ltd in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
45% more capital invested
Capital invested by funds: $3.11M → $4.5M (+$1.39M)
43.54% more ownership
Funds ownership: 0% → 43.54% (+44%)
5% more funds holding
Funds holding: 21 → 22 (+1)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$14.2K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$6.33K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$612 |
| 4 |
Morgan Stanley
New York
|
+$166 |
| 5 |
Citigroup
New York
|
+$28 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPH
Steel Partners Holdings
New York
|
-$148K |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$75.3K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$36.9K |
| 4 |
Goldman Sachs
New York
|
-$4.88K |
| 5 |
Millennium Management
New York
|
-$3K |
FES Hedge Fund Activity: Q1 2016 in Review
22 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Forbes Energy Services Ltd (FES) for Q1 2016, worth a combined $4.5M — up 45% from $3.11M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FES positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 7 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $14.2K. The largest seller was Steel Partners Holdings, cutting an estimated $148K.
- 22 institutional investors held Forbes Energy Services Ltd (FES) as of Q1 2016, up from 21 in Q4 2015.
- Funds reported $4.5M of Forbes Energy Services Ltd stock for Q1 2016, up 45% quarter-over-quarter.
- 3 funds opened new Forbes Energy Services Ltd positions in Q1 2016 and 1 closed out, a net change of +2 holders.
- The largest Forbes Energy Services Ltd buyer in Q1 2016 was Renaissance Technologies, an estimated $14.2K added.
- The largest Forbes Energy Services Ltd seller in Q1 2016 was Steel Partners Holdings, an estimated $148K sold.
Based on aggregated 13F filings for Q1 2016.