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NESR

National Energy Services Reunited Corp

60 hedge funds and large institutions have $185M invested in National Energy Services Reunited Corp in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 13

54% more capital invested

Capital invested by funds: $121M → $185M (+$64.8M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

7% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 15

3% less funds holding

Funds holding: 6260 (-2)

Holders
60
Holders Change
-2
Holders Change %
-3.23%
% of All Funds
1.18%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
14
Increased
24
Reduced
13
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SP
1
SCF Partners
Texas
$59.3M +$3.86M +499,833 +8%
Russell Investments Group
2
Russell Investments Group
United Kingdom
$30.2M +$25.5M +3,297,541 +28,664%
ECA
3
Encompass Capital Advisors
New York
$27.6M +$432K +55,952 +2%
BlackRock
4
BlackRock
New York
$10.8M +$232K +30,064 +3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$8.66M -$2.26M -292,273 -24%
Jennison Associates
6
Jennison Associates
New York
$6.05M -$2.01K -260 -0%
Boston Partners
7
Boston Partners
Massachusetts
$4.76M +$2.96M +382,972 +275%
CRCM
8
Crystal Rock Capital Management
Illinois
$4.63M +$380K +49,190 +11%
WSL
9
Western Standard LLC
California
$4.33M +$641K +82,984 +21%
State Street
10
State Street
Massachusetts
$3.76M +$239K +30,861 +8%
BCM
11
Bridgeway Capital Management
Texas
$3.06M
Vanguard Group
12
Vanguard Group
Pennsylvania
$2.69M -$7.33M -948,758 -76%
Barrow, Hanley, Mewhinney & Strauss
13
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.2M +$1.87M +241,391 New
Northern Trust
14
Northern Trust
Illinois
$1.95M -$99.4K -12,861 -6%
Invesco
15
Invesco
Georgia
$1.69M +$155K +20,079 +12%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$1.37M +$181K +23,406 +18%
AAMU
17
Amundi Asset Management US
Massachusetts
$1.21M
PCM
18
Prelude Capital Management
New York
$1.09M -$49.4K -6,396 -5%
CC
19
Cambrian Capital
California
$912K
Bank of New York Mellon
20
Bank of New York Mellon
New York
$595K +$33.3K +4,306 +7%
SCM
21
SIR Capital Management
New York
$590K -$626K -81,000 -56%
Bank of America
22
Bank of America
North Carolina
$587K +$181K +23,369 +57%
Millennium Management
23
Millennium Management
New York
$519K -$1.7M -219,778 -79%
ECM
24
ExodusPoint Capital Management
New York
$469K +$397K +51,401 New
Charles Schwab
25
Charles Schwab
California
$451K

NESR Hedge Fund Activity: Q4 2019 in Review

60 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q4 2019, worth a combined $185M — up 54% from $121M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of NESR and 14 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 24 added.

The largest buyer was Russell Investments Group, adding an estimated $25.5M. The largest seller was Vanguard Group, cutting an estimated $7.33M.

  • 60 institutional investors held National Energy Services Reunited Corp (NESR) as of Q4 2019, down from 62 in Q3 2019.
  • Funds reported $185M of National Energy Services Reunited Corp stock for Q4 2019, up 54% quarter-over-quarter.
  • 14 funds opened new National Energy Services Reunited Corp positions in Q4 2019 and 15 closed out, a net change of -1 holder.
  • The largest National Energy Services Reunited Corp buyer in Q4 2019 was Russell Investments Group, an estimated $25.5M added.
  • The largest National Energy Services Reunited Corp seller in Q4 2019 was Vanguard Group, an estimated $7.33M sold.

Based on aggregated 13F filings for Q4 2019.