Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A
NBR.PRA
NBR.PRA was delisted on the 30th of April, 2021.
24 hedge funds and large institutions have $130M invested in Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 2 closing their positions.
53% more capital invested
Capital invested by funds: $85M → $130M (+$44.8M)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
4% less funds holding
Funds holding: 25 → 24 (-1)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.38M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
+$4.3M |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$2.7M |
| 4 |
Barclays
London,
United Kingdom
|
+$1.97M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$2.57M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.79M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.52M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.28M |
| 5 |
Morgan Stanley
New York
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
D.E. Shaw & Co
New York
| – | -$1.79M | -100,000 | Closed |
|
|
MA
27
MUFG Americas
New York
| – | -$18K | -1,000 | Closed |
|
NBR.PRA Hedge Fund Activity: Q1 2019 in Review
24 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A (NBR.PRA) for Q1 2019, worth a combined $130M — up 53% from $85M a quarter earlier.
Fund positioning in NBR.PRA was balanced in Q1 2019: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.38M. The largest seller was Equitec Specialists, cutting an estimated $2.57M.
- 24 institutional investors held Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A (NBR.PRA) as of Q1 2019, down from 25 in Q4 2018.
- Funds reported $130M of Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A stock for Q1 2019, up 53% quarter-over-quarter.
- 2 funds opened new Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A positions in Q1 2019 and 2 closed out, a net change of 0 holders.
- The largest Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A buyer in Q1 2019 was Wells Fargo, an estimated $5.38M added.
- The largest Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A seller in Q1 2019 was Equitec Specialists, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2019.