DNOW Inc
DNOW
279 hedge funds and large institutions have $1.33B invested in DNOW Inc in 2017 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 95 increasing their positions, 91 reducing their positions, and 33 closing their positions.
45% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 33
7.19% more ownership
Funds ownership: 104.86% → 112.05% (+7.2%)
5% more funds holding
Funds holding: 265 → 279 (+14)
4% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 91
15% less capital invested
Capital invested by funds: $1.56B → $1.33B (-$227M)
89% less call options, than puts
Call options by funds: $186K | Put options by funds: $1.7M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$26M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$20.9M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$19.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.9M |
| 5 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$12.5M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.2M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$7.89M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.99M |
| 5 |
Millennium Management
New York
|
-$6.74M |
DNOW Hedge Fund Activity: Q4 2017 in Review
279 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2017, worth a combined $1.33B — down 15% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new DNOW positions and 33 closed out — a net gain of 15 holders — while 95 added to existing stakes and 91 trimmed.
The largest buyer was GMT Capital, adding an estimated $26M. The largest seller was Fidelity International, cutting an estimated $12.5M.
- 279 institutional investors held DNOW Inc (DNOW) as of Q4 2017, up from 265 in Q3 2017.
- Funds reported $1.33B of DNOW Inc stock for Q4 2017, down 15% quarter-over-quarter.
- 48 funds opened new DNOW Inc positions in Q4 2017 and 33 closed out, a net change of +15 holders.
- The largest DNOW Inc buyer in Q4 2017 was GMT Capital, an estimated $26M added.
- The largest DNOW Inc seller in Q4 2017 was Fidelity International, an estimated $12.5M sold.
Based on aggregated 13F filings for Q4 2017.