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.
15 hedge funds and large institutions have $21.9M 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 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
12% less funds holding
Funds holding: 17 → 15 (-2)
35% less capital invested
Capital invested by funds: $33.7M → $21.9M (-$11.8M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$25.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.92M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.62M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.23M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$404K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$737 |
NETC.U Hedge Fund Activity: Q2 2022 in Review
15 of the 5,936 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 Q2 2022, worth a combined $21.9M — down 35% from $33.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NETC.U and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, adding an estimated $25.2K. The largest seller was Millennium Management, exiting entirely with an estimated $3.92M sold.
- 15 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 Q2 2022, down from 17 in Q1 2022.
- Funds reported $21.9M of Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant stock for Q2 2022, down 35% quarter-over-quarter.
- 0 funds 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 Q2 2022 and 2 closed out, a net change of -2 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 Q2 2022 was Wolverine Asset Management, an estimated $25.2K 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 Q2 2022 was Millennium Management, an estimated $3.92M sold.
Based on aggregated 13F filings for Q2 2022.