Nabors Energy Transition Corp.
NETC
NETC was delisted on the 18th of December, 2023.
31 hedge funds and large institutions have $99.2M invested in Nabors Energy Transition Corp. in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 46 closing their positions.
58% less funds holding
Funds holding: 74 → 31 (-43)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
66% less capital invested
Capital invested by funds: $291M → $99.2M (-$192M)
91% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 46
96% less call options, than puts
Call options by funds: $160K | Put options by funds: $3.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
+$5.62M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$2.9M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.46M |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$954K |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$24.5M |
| 2 |
SC
Sculptor Capital
New York
|
-$15.7M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$12.5M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$9.45M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$9.1M |
NETC Hedge Fund Activity: Q2 2023 in Review
31 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nabors Energy Transition Corp. (NETC) for Q2 2023, worth a combined $99.2M — down 66% from $291M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of NETC and 4 opened new positions — a net loss of 42 holders — while 16 trimmed existing stakes and 6 added.
The largest buyer was Centiva Capital, opening a new position worth an estimated $5.62M. The largest seller was Saba Capital Management, cutting an estimated $24.5M.
- 31 institutional investors held Nabors Energy Transition Corp. (NETC) as of Q2 2023, down from 74 in Q1 2023.
- Funds reported $99.2M of Nabors Energy Transition Corp. stock for Q2 2023, down 66% quarter-over-quarter.
- 4 funds opened new Nabors Energy Transition Corp. positions in Q2 2023 and 46 closed out, a net change of -42 holders.
- The largest Nabors Energy Transition Corp. buyer in Q2 2023 was Centiva Capital, an estimated $5.62M added.
- The largest Nabors Energy Transition Corp. seller in Q2 2023 was Saba Capital Management, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2023.