Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A
NBR.PRA
NBR.PRA was delisted on the 30th of April, 2021.
22 hedge funds and large institutions have $106M invested in Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
8% less funds holding
Funds holding: 24 → 22 (-2)
18% less capital invested
Capital invested by funds: $130M → $106M (-$23.8M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.13M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.82M |
| 3 |
Barclays
London,
United Kingdom
|
+$4.73M |
| 4 |
SC
Sculptor Capital
New York
|
+$2.25M |
| 5 |
Morgan Stanley
New York
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$16.5M |
| 2 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$2.84M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.54M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$806K |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$716K |
NBR.PRA Hedge Fund Activity: Q2 2019 in Review
22 of the 4,605 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 Q2 2019, worth a combined $106M — down 18% from $130M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NBR.PRA and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 11 added.
The largest buyer was Credit Suisse, adding an estimated $5.13M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $16.5M sold.
- 22 institutional investors held Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A (NBR.PRA) as of Q2 2019, down from 24 in Q1 2019.
- Funds reported $106M of Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A stock for Q2 2019, down 18% quarter-over-quarter.
- 1 fund opened new Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A positions in Q2 2019 and 3 closed out, a net change of -2 holders.
- The largest Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A buyer in Q2 2019 was Credit Suisse, an estimated $5.13M added.
- The largest Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A seller in Q2 2019 was JP Morgan Chase, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2019.