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:
China Metro-Rural Holdings Limited
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GeoSphere Capital Initiates Borr Drilling Position as Offshore Rig Markets Tighten
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