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NETC.U

Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant

Delisted

NETC.U was delisted on the 18th of December, 2023.

17 hedge funds and large institutions have $33.7M invested in Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% less funds holding

Funds holding: 7217 (-55)

83% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 6

86% less capital invested

Capital invested by funds: $249M → $33.7M (-$215M)

98% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 56

Holders
17
Holders Change
-55
Holders Change %
-76.39%
% of All Funds
0.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
1
Reduced
6
Closed
56
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CL
26
CSS LLC
Illinois
-$6.32M -622,238 Closed
BCM
27
Beryl Capital Management
California
-$6.14M -605,100 Closed
DKCM
28
Davidson Kempner Capital Management
New York
-$6.09M -600,000 Closed
TCA
29
Taconic Capital Advisors
New York
-$6.09M -600,000 Closed
UOC
30
UBS O'Connor
Illinois
-$5.24M -515,770 Closed
Balyasny Asset Management
31
Balyasny Asset Management
Illinois
-$5.08M -500,000 Closed
Hudson Bay Capital Management
32
Hudson Bay Capital Management
Connecticut
-$5.08M -500,000 Closed
PAMP
33
Polar Asset Management Partners
Ontario, Canada
-$5.08M -500,000 Closed
WAM
34
Weiss Asset Management
Massachusetts
-$5.08M -500,000 Closed
CCM
35
Context Capital Management
California
-$4.42M -435,179 Closed
AC
36
Aristeia Capital
Connecticut
-$4.06M -400,000 Closed
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
-$4.06M -400,000 Closed
FTCM
38
Fir Tree Capital Management
New York
-$4.06M -400,000 Closed
GL
39
Governors Lane
New York
-$4.06M -400,000 Closed
LA
40
Linden Advisors
New York
-$4.06M -400,000 Closed
6CM
41
683 Capital Management
New York
-$3.55M -350,000 Closed
SCM
42
Shaolin Capital Management
Florida
-$3.33M -327,600 Closed
FIG
43
Fortress Investment Group
New York
-$3.05M -300,000 Closed
HIM
44
HGC Investment Management
Ontario, Canada
-$3.04M -300,000 Closed
RCM
45
Radcliffe Capital Management
Pennsylvania
-$3.04M -300,000 Closed
Squarepoint
46
Squarepoint
New York
-$3.04M -300,000 Closed
TCM
47
Tenor Capital Management
New York
-$3.04M -300,000 Closed
Citigroup
48
Citigroup
New York
-$2.55M -251,000 Closed
SV
49
Starboard Value
New York
-$2.44M -240,500 Closed
Bank of America
50
Bank of America
North Carolina
-$2.03M -200,000 Closed

NETC.U Hedge Fund Activity: Q1 2022 in Review

17 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant (NETC.U) for Q1 2022, worth a combined $33.7M — down 86% from $249M a quarter earlier.

Sellers outnumbered buyers: 56 funds closed out of NETC.U and 1 opened new positions — a net loss of 55 holders — while 6 trimmed existing stakes and 1 added.

The largest buyer was UBS Group, adding an estimated $4.05K. The largest seller was Saba Capital Management, exiting entirely with an estimated $22.8M sold.

  • 17 institutional investors held Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant (NETC.U) as of Q1 2022, down from 72 in Q4 2021.
  • Funds reported $33.7M of Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant stock for Q1 2022, down 86% quarter-over-quarter.
  • 1 fund opened new Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant positions in Q1 2022 and 56 closed out, a net change of -55 holders.
  • The largest Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant buyer in Q1 2022 was UBS Group, an estimated $4.05K added.
  • The largest Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant seller in Q1 2022 was Saba Capital Management, an estimated $22.8M sold.

Based on aggregated 13F filings for Q1 2022.