National Energy Services Reunited Corp
NESR
62 hedge funds and large institutions have $121M invested in National Energy Services Reunited Corp in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 3 closing their positions.
567% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 3
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
38% more funds holding
Funds holding: 45 → 62 (+17)
10% less capital invested
Capital invested by funds: $134M → $121M (-$13M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
SCF Partners
Houston,
Texas
|
+$8.82M |
| 2 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$3.05M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.61M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$2.37M |
| 5 |
Millennium Management
New York
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$5.82M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.59M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$2.9M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$562K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$241K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Victory Capital Management
San Antonio,
Texas
| $49K | +$57K | +7,337 | New |
|
52
Morgan Stanley
New York
| $44K | +$44.7K | +5,749 | +742% |
|
|
SO
53
STRS Ohio
Columbus,
Ohio
| $42K | – | – | – |
|
54
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $41K | -$50K | -6,436 | -50% |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $34K | +$12.3K | +1,576 | +46% |
|
56
Legal & General Group
London,
United Kingdom
| $26K | – | – | – |
|
57
BNP Paribas Financial Markets
Paris,
France
| $20K | +$14.4K | +1,854 | +162% |
|
|
AIP
58
Ameritas Investment Partners
Lincoln,
Nebraska
| $14K | – | – | – |
|
59
Bank of Montreal
Toronto,
Ontario, Canada
| $14K | +$1.1K | +142 | +7% |
|
60
Credit Agricole
Montrouge Cedex,
France
| $7K | – | – | – |
|
61
Citigroup
New York
| $4K | -$42.5K | -5,463 | -90% |
|
|
62
Acadian Asset Management
Boston,
Massachusetts
| – | -$241K | -27,726 | Closed |
|
63
Squarepoint
New York
| – | -$139K | -16,000 | Closed |
|
|
TAM
64
Tocqueville Asset Management
New York
| – | -$131K | -15,000 | Closed |
|
|
TWA
65
TCI Wealth Advisors
Tucson,
Arizona
| – | +$396 | +51 | New |
|
NESR Hedge Fund Activity: Q3 2019 in Review
62 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q3 2019, worth a combined $121M — down 9.8% from $134M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NESR positions and 3 closed out — a net gain of 17 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was SCF Partners, adding an estimated $8.82M. The largest seller was Monashee Investment Management, cutting an estimated $5.82M.
- 62 institutional investors held National Energy Services Reunited Corp (NESR) as of Q3 2019, up from 45 in Q2 2019.
- Funds reported $121M of National Energy Services Reunited Corp stock for Q3 2019, down 9.8% quarter-over-quarter.
- 20 funds opened new National Energy Services Reunited Corp positions in Q3 2019 and 3 closed out, a net change of +17 holders.
- The largest National Energy Services Reunited Corp buyer in Q3 2019 was SCF Partners, an estimated $8.82M added.
- The largest National Energy Services Reunited Corp seller in Q3 2019 was Monashee Investment Management, an estimated $5.82M sold.
Based on aggregated 13F filings for Q3 2019.