National Energy Services Reunited Corp
NESR
60 hedge funds and large institutions have $153M invested in National Energy Services Reunited Corp in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 9 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
39% more capital invested
Capital invested by funds: $110M → $153M (+$43.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 61 → 60 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.5M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
+$1.65M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$860K |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$693K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$6.57M |
| 2 |
BlackRock
New York
|
-$708K |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$270K |
| 4 |
AG
Aperio Group
Sausalito,
California
|
-$142K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$94K |
NESR Hedge Fund Activity: Q2 2020 in Review
60 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q2 2020, worth a combined $153M — up 39% from $110M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NESR and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 25 added.
The largest buyer was Fidelity Investments, adding an estimated $3.5M. The largest seller was Russell Investments Group, cutting an estimated $6.57M.
- 60 institutional investors held National Energy Services Reunited Corp (NESR) as of Q2 2020, down from 61 in Q1 2020.
- Funds reported $153M of National Energy Services Reunited Corp stock for Q2 2020, up 39% quarter-over-quarter.
- 8 funds opened new National Energy Services Reunited Corp positions in Q2 2020 and 9 closed out, a net change of -1 holder.
- The largest National Energy Services Reunited Corp buyer in Q2 2020 was Fidelity Investments, an estimated $3.5M added.
- The largest National Energy Services Reunited Corp seller in Q2 2020 was Russell Investments Group, an estimated $6.57M sold.
Based on aggregated 13F filings for Q2 2020.