National Energy Services Reunited Corp
NESR
32 hedge funds and large institutions have $110M invested in National Energy Services Reunited Corp in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more funds holding
Funds holding: 28 → 32 (+4)
4% more capital invested
Capital invested by funds: $105M → $110M (+$4.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$13.3M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.46M |
| 3 |
CRCM
Crystal Rock Capital Management
Bannockburn,
Illinois
|
+$2.18M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$1.91M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$8.35M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$4.91M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.72M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.83M |
| 5 |
CI
Cowen Inc
New York
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
26
GAMCO Investors
Greenwich,
Connecticut
| $323K | – | – | – |
|
27
Neuberger Berman Group
New York
| $323K | +$320K | +32,493 | New |
|
|
KJHP
28
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| $250K | – | – | – |
|
|
VF
29
Virtu Financial
New York
| $161K | +$160K | +16,220 | New |
|
|
HCMT
30
Highland Capital Management (Texas)
Dallas,
Texas
| $103K | +$102K | +10,304 | New |
|
31
UBS Group
Zurich,
Switzerland
| $25K | +$3.28K | +333 | +15% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $1K | +$838 | +85 | New |
|
33
Bank of America
Charlotte,
North Carolina
| $1K | +$985 | +100 | New |
|
|
KIM
34
Karpus Investment Management
Pittsford,
New York
| – | -$2.72M | -282,600 | Closed |
|
|
PP
35
Paloma Partners
Greenwich,
Connecticut
| – | -$847K | -88,000 | Closed |
|
|
ICM
36
Ionic Capital Management
New York
| – | -$630K | -65,491 | Closed |
|
NESR Hedge Fund Activity: Q4 2017 in Review
32 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q4 2017, worth a combined $110M — up 4.3% from $105M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NESR positions and 3 closed out — a net gain of 4 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Oxford Asset Management, adding an estimated $13.3M. The largest seller was Weiss Asset Management, cutting an estimated $8.35M.
- 32 institutional investors held National Energy Services Reunited Corp (NESR) as of Q4 2017, up from 28 in Q3 2017.
- Funds reported $110M of National Energy Services Reunited Corp stock for Q4 2017, up 4.3% quarter-over-quarter.
- 7 funds opened new National Energy Services Reunited Corp positions in Q4 2017 and 3 closed out, a net change of +4 holders.
- The largest National Energy Services Reunited Corp buyer in Q4 2017 was Oxford Asset Management, an estimated $13.3M added.
- The largest National Energy Services Reunited Corp seller in Q4 2017 was Weiss Asset Management, an estimated $8.35M sold.
Based on aggregated 13F filings for Q4 2017.