Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant
NETC.U
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.
76% less funds holding
Funds holding: 72 → 17 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$22.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$10.2M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$9.76M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$9.13M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.15M |
NETC.U Hedge Fund Activity: Q1 2022 in Review
17 of the 6,360 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.