Nabors Industries
203 hedge funds and large institutions have $717M invested in Nabors Industries in 2023 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 82 increasing their positions, 52 reducing their positions, and 35 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 52
0.3% more ownership
Funds ownership: 80.43% → 80.73% (+0.3%)
2% less funds holding
Funds holding: 207 → 203 (-4)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
23% less capital invested
Capital invested by funds: $928M → $717M (-$211M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
34% less call options, than puts
Call options by funds: $20.5M | Put options by funds: $30.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$23M |
| 2 |
WCCM
Webs Creek Capital Management
Dallas,
Texas
|
+$15.2M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$7.49M |
| 4 |
GJL
Gendell Jeffrey L
|
+$5.39M |
| 5 |
Renaissance Technologies
New York
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$9.89M |
| 2 |
Millennium Management
New York
|
-$9.45M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.34M |
| 4 |
Blackstone Inc
New York
|
-$7.19M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIM
226
Contravisory Investment Management
Norwell,
Massachusetts
| – | -$208K | -1,708 | Closed |
|
|
KI
227
Kapitalo Investimentos
Sao Paulo,
Brazil
| – | -$203K | -1,665 | Closed |
|
|
UAML
228
US Asset Management LLC
Pittsburgh,
Pennsylvania
| – | -$138K | -1,136 | Closed |
|
|
CMF
229
Counterpoint Mutual Funds
San Diego,
California
| – | -$115K | -947 | Closed |
|
|
ASN
230
Advisory Services Network
Atlanta,
Georgia
| – | -$38.4K | -315 | Closed |
|
231
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
| – | -$31.6K | -259 | Closed |
|
|
TWA
232
TCI Wealth Advisors
Tucson,
Arizona
| – | -$18K | -148 | Closed |
|
|
LSA
233
Leonteq Securities AG
Zurich,
Switzerland
| – | -$5.36K | -44 | Closed |
|
|
STCOSD
234
Sageworth Trust Company of South Dakota
Sioux Falls,
South Dakota
| – | -$1.58K | -13 | Closed |
|
|
ST
235
Sageworth Trust
Lancaster,
Pennsylvania
| – | -$731 | -6 | Closed |
|
|
EWA
236
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$488 | -4 | Closed |
|
237
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$102 | +1 | +100% |
|
NBR Hedge Fund Activity: Q2 2023 in Review
203 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nabors Industries (NBR) for Q2 2023, worth a combined $717M — down 23% from $928M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of NBR and 31 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 82 added.
The largest buyer was Contrarius Investment Management, adding an estimated $23M. The largest seller was BlackRock, cutting an estimated $9.89M.
- 203 institutional investors held Nabors Industries (NBR) as of Q2 2023, down from 207 in Q1 2023.
- Funds reported $717M of Nabors Industries stock for Q2 2023, down 23% quarter-over-quarter.
- 31 funds opened new Nabors Industries positions in Q2 2023 and 35 closed out, a net change of -4 holders.
- The largest Nabors Industries buyer in Q2 2023 was Contrarius Investment Management, an estimated $23M added.
- The largest Nabors Industries seller in Q2 2023 was BlackRock, an estimated $9.89M sold.
Based on aggregated 13F filings for Q2 2023.