National Energy Services Reunited Corp
NESR
28 hedge funds and large institutions have $105M invested in National Energy Services Reunited Corp in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 1 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more capital invested
Capital invested by funds: $97.8M → $105M (+$7.43M)
4% more funds holding
Funds holding: 27 → 28 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$4.79M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$3.8M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$2.79M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.53M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$6.61M |
| 2 |
6CM
683 Capital Management
New York
|
-$3.71M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.55M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$61.3K |
| 5 |
BlackRock
New York
|
-$59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
26
Oxford Asset Management
Oxford,
United Kingdom
| $173K | +$172K | +18,000 | New |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $105K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $21K | +$17.2K | +1,800 | +450% |
|
|
29
BlackRock
New York
| – | -$59K | -6,194 | Closed |
|
NESR Hedge Fund Activity: Q3 2017 in Review
28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q3 2017, worth a combined $105M — up 7.6% from $97.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NESR positions and 1 closed out — a net gain of 1 holder — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Alberta Investment Management Corp (AIMCo), opening a new position worth an estimated $4.79M. The largest seller was AQR Arbitrage, cutting an estimated $6.61M.
- 28 institutional investors held National Energy Services Reunited Corp (NESR) as of Q3 2017, up from 27 in Q2 2017.
- Funds reported $105M of National Energy Services Reunited Corp stock for Q3 2017, up 7.6% quarter-over-quarter.
- 2 funds opened new National Energy Services Reunited Corp positions in Q3 2017 and 1 closed out, a net change of +1 holder.
- The largest National Energy Services Reunited Corp buyer in Q3 2017 was Alberta Investment Management Corp (AIMCo), an estimated $4.79M added.
- The largest National Energy Services Reunited Corp seller in Q3 2017 was AQR Arbitrage, an estimated $6.61M sold.
Based on aggregated 13F filings for Q3 2017.