DNOW Inc
DNOW
343 hedge funds and large institutions have $2.73B invested in DNOW Inc in 2015 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 97 increasing their positions, 136 reducing their positions, and 75 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.38% more ownership
Funds ownership: 117.57% → 117.94% (+0.38%)
13% less funds holding
Funds holding: 392 → 343 (-49)
15% less capital invested
Capital invested by funds: $3.22B → $2.73B (-$489M)
18% less call options, than puts
Call options by funds: $44.5M | Put options by funds: $54.3M
29% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 136
60% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$117M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$55.1M |
| 3 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$52.3M |
| 4 |
O
OppenheimerFunds
New York
|
+$31.3M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Meritage Group
San Francisco,
California
|
-$111M |
| 2 |
GCM
Gates Capital Management
New York
|
-$55.9M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$42.4M |
| 4 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$27.1M |
| 5 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$25.6M |
DNOW Hedge Fund Activity: Q1 2015 in Review
343 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2015, worth a combined $2.73B — down 15% from $3.22B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of DNOW and 30 opened new positions — a net loss of 45 holders — while 136 trimmed existing stakes and 97 added.
The largest buyer was Harris Associates, adding an estimated $117M. The largest seller was Meritage Group, exiting entirely with an estimated $111M sold.
- 343 institutional investors held DNOW Inc (DNOW) as of Q1 2015, down from 392 in Q4 2014.
- Funds reported $2.73B of DNOW Inc stock for Q1 2015, down 15% quarter-over-quarter.
- 30 funds opened new DNOW Inc positions in Q1 2015 and 75 closed out, a net change of -45 holders.
- The largest DNOW Inc buyer in Q1 2015 was Harris Associates, an estimated $117M added.
- The largest DNOW Inc seller in Q1 2015 was Meritage Group, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2015.