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)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.21% less ownership
Funds ownership: 40.5% → 40.29% (-0.21%)
2% less capital inflows, than outflows
Capital inflows: $22.3M | Capital outflows: $22.8M
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Oxford Asset Management
Oxford,
United Kingdom
|
+$13.3M |
| 2 |
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.46M |
| 3 |
Crystal Rock Capital Management
Bannockburn,
Illinois
|
+$2.18M |
| 4 |
Mizuho Securities USA
New York
|
+$1.91M |
| 5 |
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Weiss Asset Management
Boston,
Massachusetts
|
-$8.35M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$4.91M |
| 3 |
Karpus Investment Management
Pittsford,
New York
|
-$2.72M |
| 4 |
Glazer Capital LLC
New York
|
-$1.83M |
| 5 |
Cowen Inc
New York
|
-$1.31M |
NESR Hedge Fund Activity: Q4 2017 in Review
32 of the 4,420 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.