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.
8 hedge funds and large institutions have $5.31M 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 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
43% less funds holding
Funds holding: 14 → 8 (-6)
70% less capital invested
Capital invested by funds: $17.4M → $5.31M (-$12.1M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$51.6K |
| 2 |
CS
Clear Street
New York
|
+$6.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$4.16M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$4.05M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$2.53M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$778K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$744K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
1
Spartan Fund Management
Toronto, Ontario,
Canada
| $1.88M | +$51.6K | +5,100 | +3% |
|
|
BCL
2
Bracebridge Capital LLC
Boston,
Massachusetts
| $1.54M | – | – | – |
|
|
SRF
3
Silver Rock Financial
Los Angeles,
California
| $1.03M | – | – | – |
|
4
Walleye Capital
New York
| $515K | – | – | – |
|
5
Walleye Trading
New York
| $290K | – | – | – |
|
|
WAM
6
Wolverine Asset Management
Chicago,
Illinois
| $31.8K | -$1.62K | -160 | -5% |
|
7
UBS Group
Zurich,
Switzerland
| $12.3K | – | – | – |
|
|
CS
8
Clear Street
New York
| $12K | +$6.94K | +685 | +137% |
|
|
CCA
9
Castle Creek Arbitrage
Avon,
Colorado
| – | -$4.16M | -410,900 | Closed |
|
|
10
Calamos Advisors
Naperville,
Illinois
| – | -$4.05M | -400,000 | Closed |
|
|
LP
11
LMR Partners
London,
United Kingdom
| – | -$2.53M | -250,000 | Closed |
|
|
12
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$778K | -76,750 | Closed |
|
|
SSA
13
Schonfeld Strategic Advisors
New York
| – | -$744K | -73,519 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
NETC.U Hedge Fund Activity: Q4 2022 in Review
8 of the 6,221 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 Q4 2022, worth a combined $5.31M — down 70% from $17.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NETC.U and 0 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Spartan Fund Management, adding an estimated $51.6K. The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $4.16M sold.
- 8 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 Q4 2022, down from 14 in Q3 2022.
- Funds reported $5.31M of Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant stock for Q4 2022, down 70% 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 Q4 2022 and 6 closed out, a net change of -6 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 Q4 2022 was Spartan Fund Management, an estimated $51.6K 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 Q4 2022 was Castle Creek Arbitrage, an estimated $4.16M sold.
Based on aggregated 13F filings for Q4 2022.