National Energy Services Reunited Corp
NESR
45 hedge funds and large institutions have $134M invested in National Energy Services Reunited Corp in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 10 closing their positions.
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
55% more funds holding
Funds holding: 29 → 45 (+16)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
8% less capital invested
Capital invested by funds: $146M → $134M (-$12.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.3M |
| 2 |
Jennison Associates
New York
|
+$4.36M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.79M |
| 4 |
SP
SCF Partners
Houston,
Texas
|
+$2.21M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$6.64M |
| 2 |
Millennium Management
New York
|
-$2.61M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.38M |
| 4 |
YCM
Yaupon Capital Management
New York
|
-$1.53M |
| 5 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
-$1.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
51
Jefferies Group
New York
| – | -$336K | -32,132 | Closed |
|
|
CAM
52
Crown Advisors Management
Larkspur,
California
| – | -$219K | -21,000 | Closed |
|
53
Verition Fund Management
Greenwich,
Connecticut
| – | -$135K | -12,884 | Closed |
|
54
Citadel Advisors
Miami,
Florida
| – | -$129K | -12,373 | Closed |
|
|
PP
55
Paloma Partners
Greenwich,
Connecticut
| – | -$120K | -11,541 | Closed |
|
NESR Hedge Fund Activity: Q2 2019 in Review
45 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q2 2019, worth a combined $134M — down 8.4% from $146M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NESR positions and 10 closed out — a net gain of 16 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was BlackRock, adding an estimated $10.3M. The largest seller was Monashee Investment Management, cutting an estimated $6.64M.
- 45 institutional investors held National Energy Services Reunited Corp (NESR) as of Q2 2019, up from 29 in Q1 2019.
- Funds reported $134M of National Energy Services Reunited Corp stock for Q2 2019, down 8.4% quarter-over-quarter.
- 26 funds opened new National Energy Services Reunited Corp positions in Q2 2019 and 10 closed out, a net change of +16 holders.
- The largest National Energy Services Reunited Corp buyer in Q2 2019 was BlackRock, an estimated $10.3M added.
- The largest National Energy Services Reunited Corp seller in Q2 2019 was Monashee Investment Management, an estimated $6.64M sold.
Based on aggregated 13F filings for Q2 2019.