National Energy Services Reunited Corp
NESR
61 hedge funds and large institutions have $110M invested in National Energy Services Reunited Corp in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
2% more funds holding
Funds holding: 60 → 61 (+1)
41% less capital invested
Capital invested by funds: $185M → $110M (-$75.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
SCF Partners
Houston,
Texas
|
+$10.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.64M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$1.22M |
| 5 |
Jennison Associates
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$7.13M |
| 2 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$4.33M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.73M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$1.57M |
| 5 |
PCM
Prelude Capital Management
New York
|
-$647K |
NESR Hedge Fund Activity: Q1 2020 in Review
61 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q1 2020, worth a combined $110M — down 41% from $185M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NESR positions and 8 closed out — a net gain of 2 holders — while 24 added to existing stakes and 21 trimmed.
The largest buyer was SCF Partners, adding an estimated $10.8M. The largest seller was Russell Investments Group, cutting an estimated $7.13M.
- 61 institutional investors held National Energy Services Reunited Corp (NESR) as of Q1 2020, up from 60 in Q4 2019.
- Funds reported $110M of National Energy Services Reunited Corp stock for Q1 2020, down 41% quarter-over-quarter.
- 10 funds opened new National Energy Services Reunited Corp positions in Q1 2020 and 8 closed out, a net change of +2 holders.
- The largest National Energy Services Reunited Corp buyer in Q1 2020 was SCF Partners, an estimated $10.8M added.
- The largest National Energy Services Reunited Corp seller in Q1 2020 was Russell Investments Group, an estimated $7.13M sold.
Based on aggregated 13F filings for Q1 2020.