National Energy Services Reunited Corp
NESR
18 hedge funds and large institutions have $109M invested in National Energy Services Reunited Corp in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more funds holding
Funds holding: 14 → 18 (+4)
24% less capital invested
Capital invested by funds: $143M → $109M (-$34M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$26.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.73M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$2.59M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.94M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$1.46M |
| 2 |
Goldman Sachs
New York
|
-$631K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$579K |
| 4 |
Morgan Stanley
New York
|
-$362K |
| 5 |
VF
Virtu Financial
New York
|
-$143K |
NESR Hedge Fund Activity: Q4 2018 in Review
18 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q4 2018, worth a combined $109M — down 24% from $143M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NESR positions and 3 closed out — a net gain of 5 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Monashee Investment Management, opening a new position worth an estimated $26.4M. The largest seller was Picton Mahoney Asset Management, cutting an estimated $1.46M.
- 18 institutional investors held National Energy Services Reunited Corp (NESR) as of Q4 2018, up from 14 in Q3 2018.
- Funds reported $109M of National Energy Services Reunited Corp stock for Q4 2018, down 24% quarter-over-quarter.
- 8 funds opened new National Energy Services Reunited Corp positions in Q4 2018 and 3 closed out, a net change of +5 holders.
- The largest National Energy Services Reunited Corp buyer in Q4 2018 was Monashee Investment Management, an estimated $26.4M added.
- The largest National Energy Services Reunited Corp seller in Q4 2018 was Picton Mahoney Asset Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q4 2018.