National Energy Services Reunited Corp
NESR
97 hedge funds and large institutions have $178M invested in National Energy Services Reunited Corp in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 25 closing their positions.
1,033% more call options, than puts
Call options by funds: $68K | Put options by funds: $6K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 34
10% less funds holding
Funds holding: 108 → 97 (-11)
26% less capital invested
Capital invested by funds: $241M → $178M (-$62.4M)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
GeoSphere Capital Management
Miami Beach,
Florida
|
+$1.12M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.03M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$1.03M |
| 4 |
Morgan Stanley
New York
|
+$515K |
| 5 |
State Street
Boston,
Massachusetts
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.21M |
| 2 |
CRCM
Crystal Rock Capital Management
Bannockburn,
Illinois
|
-$3.58M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.62M |
| 4 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
-$1.11M |
| 5 |
TC
Tejara Capital
London,
United Kingdom
|
-$1.03M |
NESR Hedge Fund Activity: Q1 2023 in Review
97 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in National Energy Services Reunited Corp (NESR) for Q1 2023, worth a combined $178M — down 26% from $241M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NESR and 15 opened new positions — a net loss of 10 holders — while 34 trimmed existing stakes and 32 added.
The largest buyer was GeoSphere Capital Management, adding an estimated $1.12M. The largest seller was Millennium Management, exiting entirely with an estimated $4.21M sold.
- 97 institutional investors held National Energy Services Reunited Corp (NESR) as of Q1 2023, down from 108 in Q4 2022.
- Funds reported $178M of National Energy Services Reunited Corp stock for Q1 2023, down 26% quarter-over-quarter.
- 15 funds opened new National Energy Services Reunited Corp positions in Q1 2023 and 25 closed out, a net change of -10 holders.
- The largest National Energy Services Reunited Corp buyer in Q1 2023 was GeoSphere Capital Management, an estimated $1.12M added.
- The largest National Energy Services Reunited Corp seller in Q1 2023 was Millennium Management, an estimated $4.21M sold.
Based on aggregated 13F filings for Q1 2023.