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.
7 hedge funds and large institutions have $3.61M invested in Nabors Energy Transition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 2 closing their positions.
13% less funds holding
Funds holding: 8 → 7 (-1)
32% less capital invested
Capital invested by funds: $5.31M → $3.61M (-$1.7M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.87M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$31.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.3K |
| 4 |
CS
Clear Street
New York
|
-$8.17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCL
1
Bracebridge Capital LLC
Boston,
Massachusetts
| $1.58M | – | – | – |
|
|
SRF
2
Silver Rock Financial
Los Angeles,
California
| $1.05M | – | – | – |
|
3
Walleye Capital
New York
| $529K | – | – | – |
|
4
Walleye Trading
New York
| $298K | – | – | – |
|
|
VF
5
Virtu Financial
New York
| $134K | +$132K | +12,680 | New |
|
|
SFM
6
Spartan Fund Management
Toronto, Ontario,
Canada
| $8.44K | -$1.87M | -179,300 | -100% |
|
|
CS
7
Clear Street
New York
| $4.24K | -$8.17K | -783 | -66% |
|
|
WAM
8
Wolverine Asset Management
Chicago,
Illinois
| – | -$31.8K | -3,097 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$12.3K | -1,194 | Closed |
|
NETC.U Hedge Fund Activity: Q1 2023 in Review
7 of the 6,275 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 2023, worth a combined $3.61M — down 32% from $5.31M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NETC.U and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $132K. The largest seller was Spartan Fund Management, cutting an estimated $1.87M.
- 7 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 2023, down from 8 in Q4 2022.
- Funds reported $3.61M 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 2023, down 32% 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 2023 and 2 closed out, a net change of -1 holder.
- 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 2023 was Virtu Financial, an estimated $132K 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 2023 was Spartan Fund Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q1 2023.