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GeoSphere Capital Initiates Borr Drilling Position as Offshore Rig Markets Tighten

Source: Motley Fool

2026-02-20 22:35:07 ET

According to a SEC filing dated February 09, 2026, GeoSphere Capital Management, LLC reported a new position in Borr Drilling (NYSE:BORR) , acquiring 1,385,000 shares during the fourth quarter. The estimated value of this trade is $5.58 million, based on the average closing price over the quarter. The quarter-end value of the position increased by $5.58 million, all attributable to the new position initiated during the quarter.

This is a new position for GeoSphere; the Borr Drilling stake now accounts for 1.8371% of the fund's reportable assets under management.

Top holdings after the filing:

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Borr Drilling Ltd

NASDAQ: BORR

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February 19, 2026 10:40:31 am
Borr Drilling (BORR) Q4 2025 Earnings Transcript

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