DNOW Inc
DNOW
264 hedge funds and large institutions have $1.56B invested in DNOW Inc in 2024 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 70 increasing their positions, 89 reducing their positions, and 25 closing their positions.
112% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 25
100% more call options, than puts
Call options by funds: $1.68M | Put options by funds: $841K
31% more capital invested
Capital invested by funds: $1.19B → $1.56B (+$374M)
11% more funds holding
Funds holding: 237 → 264 (+27)
1.6% less ownership
Funds ownership: 98.8% → 97.19% (-1.6%)
21% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 89
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$49.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.4M |
| 3 |
BlackRock
New York
|
+$6.64M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.92M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$44M |
| 2 |
Morgan Stanley
New York
|
-$16.8M |
| 3 |
RA
Royce & Associates
New York
|
-$12.2M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$11M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$6.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Balyasny Asset Management
Chicago,
Illinois
| – | -$170K | -15,049 | Closed |
|
|
OC
277
Oppenheimer & Co
New York
| – | -$155K | -13,666 | Closed |
|
|
PP
278
PDT Partners
New York
| – | -$142K | -12,560 | Closed |
|
|
SFWA
279
Summit Financial Wealth Advisors
Lafayette,
Louisiana
| – | -$135K | -11,900 | Closed |
|
|
ACM
280
Aquatic Capital Management
Chicago,
Illinois
| – | -$96K | -8,500 | Closed |
|
281
Walleye Trading
New York
| – | -$21.5K | -1,901 | Closed |
|
|
CIEP
282
Constellation Investimentos e Participacoes
Sao Paulo,
Brazil
| – | -$464K | -657 | Closed |
|
|
GWS
283
Glassman Wealth Services
Vienna,
Virginia
| – | -$2.02K | -178 | Closed |
|
|
CFB
284
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$1.16K | -102 | Closed |
|
|
OP
285
ORG Partners
Roanoke,
Indiana
| – | -$373 | -33 | Closed |
|
|
LWANC
286
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| – | -$351 | -31 | Closed |
|
|
EC
287
EdgeRock Capital
Denver,
Colorado
| – | -$260 | -26 | Closed |
|
|
BMC
288
Bear Mountain Capital
Seattle,
Washington
| – | -$19 | -2 | Closed |
|
DNOW Hedge Fund Activity: Q1 2024 in Review
264 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2024, worth a combined $1.56B — up 31% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new DNOW positions and 25 closed out — a net gain of 28 holders — while 70 added to existing stakes and 89 trimmed.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $49.6M. The largest seller was American Century Companies, cutting an estimated $44M.
- 264 institutional investors held DNOW Inc (DNOW) as of Q1 2024, up from 237 in Q4 2023.
- Funds reported $1.56B of DNOW Inc stock for Q1 2024, up 31% quarter-over-quarter.
- 53 funds opened new DNOW Inc positions in Q1 2024 and 25 closed out, a net change of +28 holders.
- The largest DNOW Inc buyer in Q1 2024 was Pacer Advisors, an estimated $49.6M added.
- The largest DNOW Inc seller in Q1 2024 was American Century Companies, an estimated $44M sold.
Based on aggregated 13F filings for Q1 2024.