National Energy Services Reunited Corp
NESR
29 hedge funds and large institutions have $113M invested in National Energy Services Reunited Corp in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 6 closing their positions.
3% more capital invested
Capital invested by funds: $110M → $113M (+$3.71M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
9% less funds holding
Funds holding: 32 → 29 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.47M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.1M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$1.83M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$1.04M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$795K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$1.66M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.09M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$1.07M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$876K |
| 5 |
6CM
683 Capital Management
New York
|
-$565K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $357K | – | – | – |
|
|
KJHP
27
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| $249K | – | – | – |
|
|
GI
28
GAMCO Investors
Greenwich,
Connecticut
| $206K | -$116K | -11,700 | -36% |
|
29
UBS Group
Zurich,
Switzerland
| $14K | -$10.7K | -1,075 | -42% |
|
|
CI
30
Cowen Inc
New York
| – | -$1.66M | -166,815 | Closed |
|
|
6CM
31
683 Capital Management
New York
| – | -$565K | -56,750 | Closed |
|
32
Neuberger Berman Group
New York
| – | -$323K | -32,493 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$161K | -16,220 | Closed |
|
34
Bank of America
Charlotte,
North Carolina
| – | -$1K | -100 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$1K | -85 | Closed |
|
NESR Hedge Fund Activity: Q1 2018 in Review
29 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q1 2018, worth a combined $113M — up 3.4% from $110M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NESR and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $5.47M. The largest seller was Cowen Inc, exiting entirely with an estimated $1.66M sold.
- 29 institutional investors held National Energy Services Reunited Corp (NESR) as of Q1 2018, down from 32 in Q4 2017.
- Funds reported $113M of National Energy Services Reunited Corp stock for Q1 2018, up 3.4% quarter-over-quarter.
- 3 funds opened new National Energy Services Reunited Corp positions in Q1 2018 and 6 closed out, a net change of -3 holders.
- The largest National Energy Services Reunited Corp buyer in Q1 2018 was Westchester Capital Management (New York), an estimated $5.47M added.
- The largest National Energy Services Reunited Corp seller in Q1 2018 was Cowen Inc, an estimated $1.66M sold.
Based on aggregated 13F filings for Q1 2018.