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 ($90.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.91. Options: 9 managers hold calls ($22.2m notional), 16 hold puts ($21.5m).
Trends to Q2 2025
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 |
| Q4 2023 | 195 |
| Q1 2024 | 190 |
| Q2 2024 | 176 |
| Q3 2024 | 187 |
| Q4 2024 | 171 |
| Q1 2025 | 181 |
| Q2 2025 | 159 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 87 | 103 |
| Q4 2023 | 88 | 111 |
| Q1 2024 | 89 | 93 |
| Q2 2024 | 83 | 92 |
| Q3 2024 | 90 | 80 |
| Q4 2024 | 80 | 88 |
| Q1 2025 | 112 | 72 |
| Q2 2025 | 89 | 88 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $88.7m | $115.5m | 1.30 |
| Q4 2024 | $20.9m | $46.6m | 2.23 |
| Q1 2025 | $12.9m | $38.8m | 3.00 |
| Q2 2025 | $22.2m | $21.5m | 0.97 |
Biggest buyers
| CIBC WORLD MARKET INC. | New | +442.7k |
| VANGUARD GROUP INC | Added | +357.6k |
| BlackRock, Inc. | Added | +292.3k |
| Miller Value Partners, LLC | Added | +235.4k |
| Apollo Management Holdings, L.P. | Added | +228.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +161.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +150.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +126.2k |
| Jump Financial, LLC | Added | +93.1k |
| STATE STREET CORP | Added | +78.6k |
Biggest sellers
| Varde Management, L.P. | Reduced | -295.5k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Reduced | -230.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -159.6k |
| PDT Partners, LLC | Reduced | -79.2k |
| WOLVERINE TRADING, LLC | Sold out | -72.8k |
| Point72 Asset Management, L.P. | Sold out | -71.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -69.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -60.5k |
| GENDELL JEFFREY L | Reduced | -59.9k |
| VAN ECK ASSOCIATES CORP | Reduced | -49.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.7m382.6k shares |
| CITADEL ADVISORS LLC | Added | $5.2m186.2k shares |
| D. E. Shaw & Co., Inc. | New | $2.0m72.5k shares |
| Squarepoint Ops LLC | Reduced | $1.2m43.4k shares |
| JANE STREET GROUP, LLC | Added | $1.1m39.4k shares |
| Walleye Capital LLC | Added | $568.8k20.3k shares |
| Walleye Trading LLC | Added | $538.0k19.2k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $423.1k15.1k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $350.2k12.5k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | New | $9.4m337.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.6m92.9k shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m71.0k shares |
| D. E. Shaw & Co., Inc. | Added | $1.6m56.7k shares |
| DANSKE BANK A/S | New | $1.2m100.0k shares |
| BANK OF AMERICA CORP /DE/ | New | $1.1m40.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $818.2k29.2k shares |
| Walleye Capital LLC | Added | $608.0k21.7k shares |
| Walleye Trading LLC | Added | $501.6k17.9k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $487.5k17.4k 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), BRIGADE CAPITAL MANAGEMENT, LP (4.7%, 2025-11-14)
Insider purchases and sales in Q2 2025
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 2023 | 0 | — | 1 | $622.5k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Varde Management, L.P. 79.21% of their portfolio | 1.7m $59.8m | Reduced -295.5k |
| BlackRock, Inc. 0.00% of their portfolio | 1.1m $30.2m | Added +292.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 963.2k $27.0m | Added +357.6k |
| BRIGADE CAPITAL MANAGEMENT, LP 28.27% of their portfolio | 878.6k $24.6m | Reduced -25.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 750.0k $21.0m | Added +150.0k |
| Apollo Management Holdings, L.P. 0.29% of their portfolio | 650.6k $18.2m | Added +228.8k |
| Miller Value Partners, LLC 7.42% of their portfolio | 624.1k $17.5m | Added +235.4k |
| CIBC WORLD MARKET INC. 0.03% of their portfolio | 442.7k $12.4m | New |
| MORGAN STANLEY 0.00% of their portfolio | 434.1k $12.2m | Added +76.1k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.56% of their portfolio | 387.6k $10.9m | Reduced -230.5k |
| STATE STREET CORP 0.00% of their portfolio | 340.3k $9.5m | Added +78.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 338.6k $9.5m | Added +126.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 321.8k $9.0m | Added +22.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 311.4k $8.7m | Added +161.1k |
| GENDELL JEFFREY L 0.22% of their portfolio | 294.7k $8.3m | Reduced -59.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 283.3k $7.9m | Reduced -8.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 269.7k $7.6m | Added +58.8k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 259.1k $7.3m | Reduced -49.4k |
| BARINGS LLC 0.14% of their portfolio | 212.5k $6.0m | Added +1 |
| VR Advisory Services Ltd 1.01% of their portfolio | 134.8k $3.8m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 124.8k $3.5m | Added +33.7k |
| UBS Group AG 0.00% of their portfolio | 123.2k $3.5m | Added +20.4k |
| Jump Financial, LLC 0.04% of their portfolio | 118.9k $3.3m | Added +93.1k |
| SUSQUEHANNA ADVISORS GROUP, INC. 0.11% of their portfolio | 98.8k $2.8m | Added +53.5k |
| Lombard Odier Asset Management (USA) Corp 0.64% of their portfolio | 91.0k $2.6m | Added +31.0k |
| Tejara Capital Ltd 1.10% of their portfolio | 85.0k $2.4m | Reduced -18.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 84.5k $2.4m | Added +57.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 83.9k $2.4m | Added +2.3k |
| Brookfield Corp /ON/ 0.00% of their portfolio | 77.4k $2.2m | New |
| BARCLAYS PLC 0.00% of their portfolio | 76.9k $2.2m | Reduced -30.2k |
| FMR LLC 0.00% of their portfolio | 64.1k $1.8m | Reduced -19.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 55.9k $1.6m | Reduced -28.7k |
| Invesco Ltd. 0.00% of their portfolio | 55.8k $1.6m | Added +1.8k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 52.2k $1.5m | Added +40.7k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 48.7k $1.4m | Added +11.9k |
| RBF Capital, LLC 0.07% of their portfolio | 48.1k $1.3m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 42.2k $1.2m | Added +12.8k |
| Hara Capital LLC 0.66% of their portfolio | 38.0k $1.1m | Added +6.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 37.9k $1.1m | Reduced -33.9k |
| READYSTATE ASSET MANAGEMENT LP 0.04% of their portfolio | 37.3k $1.0m | Reduced -3.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 36.3k $1.0m | Added +238 |
| SG Americas Securities, LLC 0.00% of their portfolio | 35.6k $998.0k | Added +29.0k |
| Nuveen, LLC 0.00% of their portfolio | 34.9k $977.9k | Added +6.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 33.8k $946.3k | Reduced -6.1k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio | 32.5k $911.0k | Reduced -14.3k |
| STOREBRAND ASSET MANAGEMENT AS 0.00% of their portfolio | 31.9k $893.8k | Unchanged |
| DARK FOREST CAPITAL MANAGEMENT LP 0.03% of their portfolio | 29.7k $833.2k | Added +21.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 28.9k $808.8k | Added +7.8k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 27.9k $781.9k | Added +6.1k |
| HighTower Advisors, LLC 0.00% of their portfolio | 27.2k $763.3k | Reduced -425 |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 25.2k $706.1k | Reduced -2.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 23.7k $664.2k | Reduced -60.5k |
| NICOLA WEALTH MANAGEMENT LTD. 0.06% of their portfolio | 23.2k $650.1k | Unchanged |
| Invst, LLC 0.08% of their portfolio | 23.0k $643.2k | Added +5.7k |
| OneDigital Investment Advisors LLC 0.01% of their portfolio | 22.4k $626.7k | Reduced -32 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 22.1k $618.8k | Reduced -159.6k |
| Swiss National Bank 0.00% of their portfolio | 21.5k $602.4k | Unchanged |
| Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio | 20.8k $583.1k | Added +14.6k |
| Numerai GP LLC 0.08% of their portfolio | 19.6k $549.8k | Added +8.3k |
| Engineers Gate Manager LP 0.01% of their portfolio | 19.3k $541.5k | Reduced -1.7k |
| Entropy Technologies, LP 0.04% of their portfolio | 19.1k $536.4k | Added +12.4k |
| Creative Planning 0.00% of their portfolio | 18.4k $514.7k | Reduced -3.2k |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 17.9k $502.0k | Reduced -46.2k |
| Nebula Research & Development LLC 0.04% of their portfolio | 17.7k $495.9k | Added +428 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 17.2k $480.7k | Reduced -5.8k |
| Parallax Volatility Advisers, L.P. 0.02% of their portfolio | 17.0k $476.3k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 15.3k $429.5k | Added +6.0k |
| Corton Capital Inc. 0.46% of their portfolio | 14.0k $391.9k | New |
| Inspire Investing, LLC 0.04% of their portfolio | 13.8k $387.5k | Added +5.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 13.5k $380.0k | Added +3.2k |
| WHITEBOX ADVISORS LLC 0.01% of their portfolio | 13.0k $364.1k | Added +2.6k |
| PDT Partners, LLC 0.02% of their portfolio | 12.7k $355.0k | Reduced -79.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 11.8k $331.9k | Reduced -69.5k |
| Freestone Grove Partners LP 0.00% of their portfolio | 11.6k $324.4k | New |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 11.5k $321.0k | New |
| Graham Capital Management, L.P. 0.01% of their portfolio | 10.7k $300.8k | New |
| Legal & General Group Plc 0.00% of their portfolio | 9.9k $276.9k | Reduced -966 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 9.8k $274.8k | New |
| MQS Management LLC 0.14% of their portfolio | 9.3k $262.0k | New |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 8.6k $242.3k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 8.6k $240.1k | Added +1.4k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 8.5k $237.9k | Added +3.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 8.4k $236.6k | Reduced -2.0k |
| Centiva Capital, LP 0.02% of their portfolio | 8.4k $236.2k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 8.3k $232.2k | Added +220 |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 8.3k $232.2k | Added +2.8k |
| Ethic Inc. 0.00% of their portfolio | 7.9k $220.3k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 7.7k $217.0k | Added +2.3k |
| CITIGROUP INC 0.00% of their portfolio | 7.6k $212.3k | Reduced -7.0k |
| MARATHON CAPITAL MANAGEMENT 0.05% of their portfolio | 7.5k $210.2k | Unchanged |
| Monaco Asset Management SAM 0.08% of their portfolio | 7.5k $210.2k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 7.3k $205.5k | Added +1.3k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 7.3k $203.2k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 7.0k $196.3k | Reduced -361 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.7k $159.8k | Added +5.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.5k $124.0k | Added +3.9k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.8k $107.1k | Added +27 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.8k $106.5k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 3.2k $90.5k | Added +1.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 1.9k $54.0k | Unchanged |