Nabors Energy Transition Corp.
NETC
NETC was delisted on the 18th of December, 2023.
73 hedge funds and large institutions have $269M invested in Nabors Energy Transition Corp. in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
18% more funds holding
Funds holding: 62 → 73 (+11)
11% more capital invested
Capital invested by funds: $242M → $269M (+$27.1M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$9.15M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$7.96M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.68M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
+$4.41M |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$5.7M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.8M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.85M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.26M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
HighTower Advisors
Chicago,
Illinois
| – | -$1.18M | -117,000 | Closed |
|
NETC Hedge Fund Activity: Q4 2022 in Review
73 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nabors Energy Transition Corp. (NETC) for Q4 2022, worth a combined $269M — up 11% from $242M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NETC positions and 3 closed out — a net gain of 11 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Fir Tree Capital Management, adding an estimated $9.15M. The largest seller was Verition Fund Management, cutting an estimated $5.7M.
- 73 institutional investors held Nabors Energy Transition Corp. (NETC) as of Q4 2022, up from 62 in Q3 2022.
- Funds reported $269M of Nabors Energy Transition Corp. stock for Q4 2022, up 11% quarter-over-quarter.
- 14 funds opened new Nabors Energy Transition Corp. positions in Q4 2022 and 3 closed out, a net change of +11 holders.
- The largest Nabors Energy Transition Corp. buyer in Q4 2022 was Fir Tree Capital Management, an estimated $9.15M added.
- The largest Nabors Energy Transition Corp. seller in Q4 2022 was Verition Fund Management, an estimated $5.7M sold.
Based on aggregated 13F filings for Q4 2022.