SAExploration: GLG Partners LP Cuts Stake

 

 

SAExploration: GLG Partners LP Cuts Stake

GLG Partners LP lessened its position in shares of SAExploration Holdings, Inc. (NASDAQ:SAEX) by 6.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 117,277 shares of the oil and gas company’s stock after selling 7,996 shares during the quarter. GLG Partners LP owned approximately 1.25% of SAExploration Holdings worth $381,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SAEX. First Wilshire Securities Management Inc. acquired a new position in shares of SAExploration Holdings during the 1st quarter worth $510,000. California Public Employees Retirement System acquired a new position in shares of SAExploration Holdings during the 1st quarter worth $128,000. Dupont Capital Management Corp raised its stake in shares of SAExploration Holdings by 26.1% during the 2nd quarter. Dupont Capital Management Corp now owns 70,003 shares of the oil and gas company’s stock worth $227,000 after buying an additional 14,500 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of SAExploration Holdings by 43.9% during the 2nd quarter. Vanguard Group Inc. now owns 39,697 shares of the oil and gas company’s stock worth $129,000 after buying an additional 12,109 shares during the last quarter. Finally, Minerva Advisors LLC raised its stake in shares of SAExploration Holdings by 2.6% during the 2nd quarter. Minerva Advisors LLC now owns 191,685 shares of the oil and gas company’s stock worth $616,000 after buying an additional 4,800 shares during the last quarter.

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