DNOW Inc
DNOW
233 hedge funds and large institutions have $744M invested in DNOW Inc in 2020 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 70 increasing their positions, 68 reducing their positions, and 49 closing their positions.
61% more capital invested
Capital invested by funds: $462M → $744M (+$282M)
29% more call options, than puts
Call options by funds: $498K | Put options by funds: $387K
1.38% more ownership
Funds ownership: 93.17% → 94.55% (+1.4%)
3% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 68
4% less funds holding
Funds holding: 242 → 233 (-9)
16% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$10.9M |
| 3 |
SAM
Scion Asset Management
Saratoga,
California
|
+$8.44M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.66M |
| 5 |
ClearBridge Investments
New York
|
+$6.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$16.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.26M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.19M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.22M |
| 5 |
CCM
CAAS Capital Management
New York
|
-$4.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
251
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$4K | -938 | Closed |
|
|
CHAM
252
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$1.82K | -400 | Closed |
|
|
PFS
253
Prospera Financial Services
Dallas,
Texas
| – | -$2K | -364 | Closed |
|
|
PA
254
Parallel Advisors
San Francisco,
California
| – | -$1K | -231 | Closed |
|
|
NNP
255
Nachman Norwood & Parrott
Greenville,
South Carolina
| – | -$1K | -200 | Closed |
|
256
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -122 | Closed |
|
|
SPIA
257
Steward Partners Investment Advisory
New York
| – | -$264 | -47 | -59% |
|
|
AWA
258
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | +$90 | +16 | New |
|
|
APC
259
Aspire Private Capital
Cornelius,
North Carolina
| – | +$141 | +25 | New |
|
|
CWA
260
Clearview Wealth Advisors
Salem,
Oregon
| – | +$141 | +25 | New |
|
|
RA
261
Reby Advisors
Danbury,
Connecticut
| – | +$141 | +25 | New |
|
|
IAIM
262
International Assets Investment Management
Orlando,
Florida
| – | +$360 | +64 | New |
|
DNOW Hedge Fund Activity: Q4 2020 in Review
233 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2020, worth a combined $744M — up 61% from $462M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of DNOW and 41 opened new positions — a net loss of 8 holders — while 68 trimmed existing stakes and 70 added.
The largest buyer was Fidelity Investments, adding an estimated $15.5M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $16.3M sold.
- 233 institutional investors held DNOW Inc (DNOW) as of Q4 2020, down from 242 in Q3 2020.
- Funds reported $744M of DNOW Inc stock for Q4 2020, up 61% quarter-over-quarter.
- 41 funds opened new DNOW Inc positions in Q4 2020 and 49 closed out, a net change of -8 holders.
- The largest DNOW Inc buyer in Q4 2020 was Fidelity Investments, an estimated $15.5M added.
- The largest DNOW Inc seller in Q4 2020 was Massachusetts Financial Services, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2020.