NOV INC NOV
COM · Common Stock · CUSIP 62955J103 · ISIN US62955J1034
Oilfield services company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.04. Options: 17 managers hold calls ($37.0m notional), 15 hold puts ($10.4m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 344 |
| Q4 2022 | 390 |
| Q1 2023 | 396 |
| Q2 2023 | 366 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 199 | 133 |
| Q1 2023 | 181 | 186 |
| Q2 2023 | 158 | 210 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $15.0m | $8.4m | 0.56 |
| Q4 2022 | $34.8m | $16.7m | 0.48 |
| Q1 2023 | $67.7m | $8.9m | 0.13 |
| Q2 2023 | $37.0m | $10.4m | 0.28 |
Biggest buyers
| PZENA INVESTMENT MANAGEMENT LLC | Added | +7.3m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +5.4m |
| DEPRINCE RACE & ZOLLO INC | Added | +2.3m |
| NEW YORK STATE COMMON RETIREMENT FUND | Added | +1.7m |
| RENAISSANCE TECHNOLOGIES LLC | New | +1.3m |
| BARCLAYS PLC | Added | +1.2m |
| EARNEST PARTNERS LLC | Added | +1.2m |
| Kiltearn Partners LLP | New | +924.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +838.4k |
| Squarepoint Ops LLC | Added | +810.2k |
Biggest sellers
| FMR LLC | Reduced | -13.0m |
| HARRIS ASSOCIATES L P | Reduced | -7.2m |
| LORD, ABBETT & CO. LLC | Reduced | -4.2m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -2.6m |
| MARSHALL WACE, LLP | Reduced | -2.2m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.9m |
| Ruffer LLP | Reduced | -1.9m |
| Bank of New York Mellon Corp | Reduced | -1.7m |
| Balyasny Asset Management L.P. | Reduced | -1.0m |
| TWINBEECH CAPITAL LP | Sold out | -826.4k |
Biggest calls
| MASTERS CAPITAL MANAGEMENT LLC | New | $16.0m1.0m shares |
| Jefferies Financial Group Inc. | New | $7.6m471.7k shares |
| CITADEL ADVISORS LLC | Added | $5.6m350.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.7m103.3k shares |
| GROUP ONE TRADING LLC | Added | $1.4m86.4k shares |
| SIMPLEX TRADING, LLC | Added | $951.0k59.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $819.6k51.1k shares |
| TWO SIGMA SECURITIES, LLC | New | $707.4k44.1k shares |
| WOLVERINE TRADING, LLC | Added | $553.8k34.7k shares |
| Walleye Trading LLC | Added | $434.7k27.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $3.2m202.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m84.7k shares |
| GROUP ONE TRADING LLC | Reduced | $1.2m72.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m63.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $816.4k50.9k shares |
| Walleye Trading LLC | Added | $691.3k43.1k shares |
| PEAK6 Investments LLC | Reduced | $457.1k28.5k shares |
| Cubist Systematic Strategies, LLC | New | $352.9k22.0k shares |
| IMC-Chicago, LLC | Reduced | $316.0k19.7k shares |
| WOLVERINE TRADING, LLC | Added | $280.9k17.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PZENA INVESTMENT MANAGEMENT LLC 13G · institution new · filed 2024-10-04 | 11.0% |
| First Eagle Investment Management, LLC 13G · institution -1.4 pts · filed 2026-08-06 | 8.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2025-10-09 | 5.0% |
Fell to 5% or below in the last year: HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC (4.1%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $118.5k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $188.0k | — |
| Q3 2022 | 0 | — | 2 | $250.1k | — |
| Q4 2022 | 0 | — | 2 | $162.9k | — |
| Q1 2023 | 0 | — | 2 | $662.9k | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 39.3m $629.9m | Added +348.2k |
| BlackRock Inc. 0.02% of their portfolio | 37.4m $599.7m | Reduced -359.7k |
| First Eagle Investment Management, LLC 1.52% of their portfolio | 37.0m $593.6m | Reduced -189.9k |
| PZENA INVESTMENT MANAGEMENT LLC 2.52% of their portfolio | 36.8m $590.1m | Added +7.3m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.39% of their portfolio | 23.4m $375.0m | Added +5.4m |
| FMR LLC 0.02% of their portfolio | 14.1m $226.9m | Reduced -13.0m |
| STATE STREET CORP 0.01% of their portfolio | 14.1m $226.8m | Added +513.8k |
| AMERIPRISE FINANCIAL INC 0.07% of their portfolio | 13.5m $215.9m | Reduced -1.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 9.2m $148.0m | Reduced -741.6k |
| Thrivent Financial for Lutherans 0.29% of their portfolio | 8.0m $127.7m | Added +21.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 6.8m $108.7m | Added +343.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 6.7m $107.9m | Reduced -1.7m |
| VAN ECK ASSOCIATES CORP 0.21% of their portfolio | 6.0m $96.3m | Added +52.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.8m $92.6m | Added +259.2k |
| Slate Path Capital LP 2.75% of their portfolio | 4.7m $75.2m | Unchanged |
| Ninety One UK Ltd 0.19% of their portfolio | 4.1m $65.6m | Reduced -244.3k |
| EARNEST PARTNERS LLC 0.36% of their portfolio | 4.0m $63.6m | Added +1.2m |
| Allspring Global Investments Holdings, LLC 0.10% of their portfolio | 3.9m $63.1m | Added +544.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.9m $62.3m | Added +747.0k |
| Artisan Partners Limited Partnership 0.10% of their portfolio | 3.8m $60.9m | Reduced -182.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 3.6m $58.2m | Added +21.6k |
| Invesco Ltd. 0.01% of their portfolio | 3.4m $54.1m | Added +49.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 3.4m $54.1m | Added +1.7m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.0m $48.8m | Reduced -14.1k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 2.9m $45.9m | Added +838.4k |
| Polaris Capital Management, LLC 1.60% of their portfolio | 2.7m $42.7m | Reduced -12.0k |
| HEARTLAND ADVISORS INC 2.40% of their portfolio | 2.6m $41.9m | Added +773.4k |
| DEPRINCE RACE & ZOLLO INC 0.89% of their portfolio | 2.4m $38.9m | Added +2.3m |
| MORGAN STANLEY 0.00% of their portfolio | 2.3m $37.3m | Added +349.0k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.70% of their portfolio | 2.2m $35.4m | Added +85.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 2.0m $32.4m | Reduced -169.8k |
| MASTERS CAPITAL MANAGEMENT LLC 6.50% of their portfolio | 2.0m $32.1m | Unchanged |
| ARIEL INVESTMENTS, LLC 0.26% of their portfolio | 1.7m $27.7m | Added +709.1k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 1.7m $27.7m | Added +409.9k |
| Squarepoint Ops LLC 0.13% of their portfolio | 1.5m $23.7m | Added +810.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.5m $23.7m | Reduced -76.1k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 1.3m $21.3m | Reduced -45.9k |
| BARCLAYS PLC 0.01% of their portfolio | 1.3m $21.0m | Added +1.2m |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.3m $20.3m | New |
| Fisher Asset Management, LLC 0.01% of their portfolio | 1.2m $19.7m | Added +318 |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 1.2m $19.3m | Added +41.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.1m $17.7m | Added +393.7k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 1.0m $16.6m | Reduced -2.2m |
| LORD, ABBETT & CO. LLC 0.03% of their portfolio | 985.6k $15.8m | Reduced -4.2m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 938.1k $15.0m | Reduced -43.0k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 935.4k $15.0m | Reduced -200.2k |
| Kiltearn Partners LLP 1.08% of their portfolio | 924.3k $14.8m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 923.0k $14.8m | Reduced -4.4k |
| Ceredex Value Advisors LLC 0.24% of their portfolio | 911.0k $14.6m | Added +286.3k |
| HARRIS ASSOCIATES L P 0.03% of their portfolio | 888.9k $14.3m | Reduced -7.2m |
| Swiss National Bank 0.01% of their portfolio | 857.2k $13.7m | Added +9.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 814.4k $13.1m | Reduced -152.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 809.2k $13.0m | Added +626.9k |
| Artemis Investment Management LLP 0.16% of their portfolio | 774.4k $12.4m | Reduced -668.8k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 765.5k $12.2m | Added +348.7k |
| Legal & General Group Plc 0.00% of their portfolio | 754.6k $12.1m | Added +9.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 693.5k $11.1m | Added +265.9k |
| Ruffer LLP 0.61% of their portfolio | 653.6k $10.5m | Reduced -1.9m |
| FIL Ltd 0.01% of their portfolio | 631.4k $10.1m | Added +166.2k |
| KGH Ltd 0.70% of their portfolio | 620.0k $9.9m | New |
| Retirement Systems of Alabama 0.04% of their portfolio | 607.6k $9.7m | Reduced -5.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 605.4k $11.2m | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio | 593.8k $9.5m | Reduced -12.2k |
| Tejara Capital Ltd 4.67% of their portfolio | 591.1k $9.5m | Added +228.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 589.8k $9.5m | Reduced -174.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 579.5k $9.3m | Reduced -2.6m |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 505.6k $8.1m | Reduced -5.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 481.4k $7.7m | Reduced -13.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 472.0k $7.6m | Reduced -206.7k |
| Woodson Capital Management, LP 1.25% of their portfolio | 470.0k $7.5m | Added +35.0k |
| Channing Capital Management, LLC 0.22% of their portfolio | 451.1k $7.2m | Reduced -34.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 446.3k $7.2m | Reduced -3.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 441.5k $7.1m | Reduced -236.1k |
| Cubist Systematic Strategies, LLC 0.08% of their portfolio | 424.8k $6.8m | Reduced -375.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 383.4k $6.2m | Added +13.8k |
| Jefferies Financial Group Inc. 0.12% of their portfolio | 356.4k $5.7m | Reduced -106.2k |
| Ergoteles LLC 0.27% of their portfolio | 353.2k $5.7m | Added +140.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.05% of their portfolio | 346.7k $5.6m | Reduced -1.9k |
| ExodusPoint Capital Management, LP 0.06% of their portfolio | 306.6k $4.9m | Added +4.4k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 303.3k $4.9m | Reduced -11.8k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 297.3k $4.8m | Reduced -19.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 295.3k $4.7m | Reduced -10.5k |
| Narwhal Capital Management 0.55% of their portfolio | 293.5k $4.7m | Reduced -25.1k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 285.8k $4.6m | Reduced -30.2k |
| NORGES BANK 0.00% of their portfolio | 283.6k $4.5m | Added +28.8k |
| STRS OHIO 0.02% of their portfolio | 283.2k $4.5m | Reduced -575.5k |
| LEE DANNER & BASS INC 0.38% of their portfolio | 275.0k $4.4m | Reduced -4.0k |
| AMALGAMATED BANK 0.03% of their portfolio | 256.7k $4.1m | Reduced -13.3k |
| ALGERT GLOBAL LLC 0.18% of their portfolio | 255.8k $4.1m | Added +101.8k |
| CITIGROUP INC 0.01% of their portfolio | 253.6k $4.1m | Added +179.5k |
| CAMBIAR INVESTORS LLC 0.17% of their portfolio | 245.2k $3.9m | New |
| MetLife Investment Management, LLC 0.03% of their portfolio | 235.9k $3.8m | Reduced -4.9k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 224.0k $3.6m | Unchanged |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 220.2k $3.5m | Added +91.8k |
| Elm Ridge Management, LLC 4.14% of their portfolio | 211.5k $3.4m | Added +59.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 211.3k $3.4m | Added +116.0k |
| Holocene Advisors, LP 0.01% of their portfolio | 204.7k $3.3m | Reduced -775.7k |
| AXA S.A. 0.01% of their portfolio | 204.0k $3.3m | New |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 201.2k $3.2m | Reduced -7.8k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 198.1k $3.2m | Reduced -32.6k |