NABORS INDUSTRIES LTD NBR
SHS · Common Stock · CUSIP G6359F137 · ISIN BMG6359F1370
- SectorEnergy
- IndustryDrilling Oil & Gas Wells
- FilingsSEC EDGAR
* 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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $123.39. Options: 9 managers hold calls ($26.2m notional), 16 hold puts ($61.7m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 176 |
| Q4 2022 | 214 |
| Q1 2023 | 209 |
| Q2 2023 | 204 |
| Q3 2023 | 197 |
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 | 106 | 75 |
| Q1 2023 | 106 | 102 |
| Q2 2023 | 109 | 89 |
| Q3 2023 | 87 | 103 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $56.2m | $38.4m | 0.68 |
| Q1 2023 | $32.4m | $36.0m | 1.11 |
| Q2 2023 | $18.3m | $30.9m | 1.69 |
| Q3 2023 | $26.2m | $61.7m | 2.35 |
Biggest buyers
| GENDELL JEFFREY L | Added | +164.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +146.0k |
| Pantechnicon Advisors LLP | New | +125.0k |
| TWO SIGMA INVESTMENTS, LP | Added | +100.8k |
| GOLDMAN SACHS GROUP INC | Added | +91.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +77.7k |
| MORGAN STANLEY | Added | +43.0k |
| Valiant Capital Management, L.P. | Added | +35.0k |
| STATE STREET CORP | Added | +34.3k |
| MARSHALL WACE, LLP | Added | +32.6k |
Biggest sellers
| Contrarius Investment Management Ltd | Reduced | -169.6k |
| Webs Creek Capital Management LP | Sold out | -149.1k |
| VANGUARD GROUP INC | Reduced | -82.8k |
| Balyasny Asset Management L.P. | Reduced | -77.3k |
| VAN ECK ASSOCIATES CORP | Reduced | -71.0k |
| Tejara Capital Ltd | Reduced | -57.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -54.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -54.3k |
| BlackRock Inc. | Reduced | -54.2k |
| Cubist Systematic Strategies, LLC | Reduced | -41.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.6m110.1k shares |
| CITADEL ADVISORS LLC | Reduced | $4.6m37.4k shares |
| PEAK6 Investments LLC | Added | $3.7m30.4k shares |
| D. E. Shaw & Co., Inc. | Added | $2.5m20.0k shares |
| Public Sector Pension Investment Board | Unchanged | $535.2k4.3k shares |
| Walleye Trading LLC | Added | $492.6k4.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $381.7k3.1k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $332.5k2.7k shares |
| Walleye Capital LLC | Unchanged | $86.2k700 shares |
Biggest puts
| TWO SIGMA INVESTMENTS, LP | Unchanged | $16.0m129.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.5m117.4k shares |
| CITADEL ADVISORS LLC | Added | $8.3m67.6k shares |
| D. E. Shaw & Co., Inc. | Added | $7.5m61.0k shares |
| WOLVERINE TRADING, LLC | Added | $3.7m30.3k shares |
| JANE STREET GROUP, LLC | New | $3.1m25.5k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $3.0m24.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.8m14.7k shares |
| PEAK6 Investments LLC | Added | $935.9k7.6k shares |
| Walleye Trading LLC | Added | $849.7k6.9k 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 |
|---|---|
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-07-29 | 7.7% |
Fell to 5% or below in the last year: Adage Capital Management, L.P. (4.7%, 2026-05-13), VANGUARD GROUP INC (0.0%, 2026-03-27), Oaktree Capital Holdings, LLC (0.8%, 2026-01-23), Varde Investment Partners (Offshore) Master, L.P. (0.0%, 2026-01-21)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 1 | $56.5k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $622.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-05 | Kotts John P Director | Sold | $622.5k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 1.5m $178.7m | Reduced -54.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 875.0k $107.8m | Reduced -82.8k |
| STATE STREET CORP 0.00% of their portfolio | 487.9k $60.1m | Added +34.3k |
| GENDELL JEFFREY L 2.69% of their portfolio | 384.2k $47.3m | Added +164.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 281.9k $34.7m | Added +29.8k |
| Valiant Capital Management, L.P. 3.41% of their portfolio | 231.7k $28.5m | Added +35.0k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 207.3k $25.5m | Added +32.6k |
| VAN ECK ASSOCIATES CORP 0.05% of their portfolio | 200.9k $24.7m | Reduced -71.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 187.7k $23.1m | Added +91.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 181.4k $22.3m | Added +5.3k |
| MORGAN STANLEY 0.00% of their portfolio | 173.1k $21.3m | Added +43.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 167.6k $20.6m | Added +4.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 166.5k $20.5m | Added +146.0k |
| Pantechnicon Advisors LLP 6.65% of their portfolio | 125.0k $15.4m | New |
| Invesco Ltd. 0.00% of their portfolio | 115.9k $14.3m | Reduced -3.4k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 115.5k $14.2m | Added +11.4k |
| Contrarius Investment Management Ltd 0.79% of their portfolio | 113.9k $14.0m | Reduced -169.6k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 110.1k $13.6m | Added +100.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 103.3k $12.7m | Added +92 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 102.1k $12.6m | Added +5.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 97.3k $12.0m | Reduced -54.8k |
| SIRIOS CAPITAL MANAGEMENT L P 2.11% of their portfolio | 90.5k $11.1m | Reduced -6.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 80.1k $9.9m | Added +77.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 78.8k $9.7m | Reduced -3.1k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 67.2k $8.3m | Added +22.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 57.1k $7.0m | Added +3.2k |
| Tejara Capital Ltd 3.77% of their portfolio | 53.9k $6.6m | Reduced -57.0k |
| Miller Value Partners, LLC 3.77% of their portfolio | 48.7k $6.0m | Reduced -1.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 48.1k $5.9m | Reduced -3.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 43.9k $5.4m | Added +26.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 39.7k $4.9m | Reduced -3.1k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 38.3k $4.7m | Added +12.7k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 37.6k $4.6m | Added +16.5k |
| GSA CAPITAL PARTNERS LLP 0.35% of their portfolio | 33.4k $4.1m | Added +7.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 32.7k $4.0m | Added +39 |
| STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio | 32.4k $4.0m | Unchanged |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 27.9k $3.4m | Reduced -77.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 27.4k $3.4m | Added +9.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 26.2k $3.2m | Added +2.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 26.1k $3.2m | Added +19.9k |
| Legal & General Group Plc 0.00% of their portfolio | 25.8k $3.2m | Added +269 |
| Elm Ridge Management, LLC 3.84% of their portfolio | 25.8k $3.2m | Unchanged |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 24.8k $3.1m | Reduced -41.4k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 23.1k $2.8m | Reduced -13.9k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 23.0k $2.8m | Reduced -535 |
| OneDigital Investment Advisors LLC 0.06% of their portfolio | 22.4k $2.8m | Added +61 |
| KB FINANCIAL PARTNERS, LLC 0.79% of their portfolio | 22.3k $2.8m | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 22.2k $2.7m | Added +14.1k |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 21.7k $2.7m | New |
| Swiss National Bank 0.00% of their portfolio | 19.9k $2.5m | Added +300 |
| FMR LLC 0.00% of their portfolio | 19.7k $2.4m | Reduced -14.5k |
| READYSTATE ASSET MANAGEMENT LP 0.19% of their portfolio | 18.3k $2.3m | Reduced -1.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 17.2k $2.1m | Reduced -34.2k |
| NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio | 16.8k $2.1m | Added +148 |
| WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio | 15.4k $1.9m | Added +1.9k |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.36% of their portfolio | 15.4k $1.9m | Unchanged |
| Lombard Odier Asset Management (USA) Corp 0.31% of their portfolio | 14.6k $1.8m | Reduced -6.8k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 14.5k $1.8m | Reduced -181 |
| WOLVERINE TRADING, LLC 0.02% of their portfolio | 14.2k $1.8m | Added +11.1k |
| TWO SIGMA SECURITIES, LLC 0.08% of their portfolio | 14.2k $1.7m | New |
| AXA S.A. 0.01% of their portfolio | 13.3k $1.6m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 12.8k $1.6m | Reduced -1.7k |
| GROUP ONE TRADING LLC 0.06% of their portfolio | 12.6k $1.6m | New |
| Man Group plc 0.00% of their portfolio | 12.3k $1.5m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.2k $1.5m | Reduced -6.7k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 11.1k $1.4m | Reduced -5.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 10.7k $1.3m | Reduced -100 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 10.0k $1.2m | Reduced -921 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 8.9k $1.1m | Reduced -12.5k |
| Empowered Funds, LLC 0.03% of their portfolio | 8.9k $1.1m | Added +632 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 8.4k $1.0m | Reduced -54.3k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 8.3k $1.0m | Added +4.4k |
| Jump Financial, LLC 0.04% of their portfolio | 8.3k $1.0m | Reduced -18.3k |
| Energy Income Partners, LLC 0.02% of their portfolio | 8.3k $1.0m | Added +2.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 8.2k $1.0m | Reduced -461 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 8.2k $1.0m | Unchanged |
| NICOLA WEALTH MANAGEMENT LTD. 0.15% of their portfolio | 8.2k $1.4m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 8.1k $1.0m | Reduced -318 |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 8.0k $990.0k | Added +6.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 7.9k $969.4k | Added +5.5k |
| Holocene Advisors, LP 0.00% of their portfolio | 7.8k $963.9k | New |
| Quadrature Capital Ltd 0.02% of their portfolio | 7.7k $954.3k | Reduced -13.9k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 7.1k $876.6k | Added +56 |
| Graham Capital Management, L.P. 0.03% of their portfolio | 7.0k $867.2k | Reduced -6.0k |
| ClariVest Asset Management LLC 0.05% of their portfolio | 6.9k $847.0k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 6.8k $838.1k | Reduced -2.7k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 6.7k $825.5k | Reduced -1.1k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 6.4k $791.9k | Reduced -5.2k |
| HARBOR CAPITAL ADVISORS, INC. 0.17% of their portfolio | 6.4k $790.1k | Added +340 |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 6.3k $773.4k | Reduced -13.3k |
| HRT FINANCIAL LP 0.01% of their portfolio | 6.2k $762.0k | Reduced -15.2k |
| Twin Lakes Capital Management, LLC 0.55% of their portfolio | 6.0k $741.3k | Unchanged |
| CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.03% of their portfolio | 6.0k $738.8k | Unchanged |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 6.0k $738.3k | Reduced -4.2k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 5.9k $731.5k | Reduced -47 |
| BARCLAYS PLC 0.00% of their portfolio | 5.6k $692.8k | Added +509 |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 5.6k $687.0k | Reduced -376 |
| PROFUND ADVISORS LLC 0.04% of their portfolio | 5.5k $680.3k | Reduced -791 |
| CastleKnight Management LP 0.12% of their portfolio | 5.5k $677.3k | Reduced -1.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 5.1k $624.8k | Reduced -4.6k |