DNOW Inc
DNOW
392 hedge funds and large institutions have $3.22B invested in DNOW Inc in 2014 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 108 increasing their positions, 162 reducing their positions, and 83 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10.48% more ownership
Funds ownership: 107.09% → 117.57% (+10%)
8% less capital invested
Capital invested by funds: $3.49B → $3.22B (-$269M)
8% less funds holding
Funds holding: 427 → 392 (-35)
33% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 162
36% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 83
82% less call options, than puts
Call options by funds: $9.83M | Put options by funds: $55.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$114M |
| 2 |
O
OppenheimerFunds
New York
|
+$91.4M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$66.2M |
| 4 |
ClearBridge Investments
New York
|
+$60.8M |
| 5 |
First Eagle Investment Management
New York
|
+$59.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Amici Capital
New York
|
-$53.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$52M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$30.5M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$25.8M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$24.2M |
DNOW Hedge Fund Activity: Q4 2014 in Review
392 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2014, worth a combined $3.22B — down 7.7% from $3.49B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of DNOW and 53 opened new positions — a net loss of 30 holders — while 162 trimmed existing stakes and 108 added.
The largest buyer was Neuberger Berman Group, adding an estimated $114M. The largest seller was Amici Capital, exiting entirely with an estimated $53.2M sold.
- 392 institutional investors held DNOW Inc (DNOW) as of Q4 2014, down from 427 in Q3 2014.
- Funds reported $3.22B of DNOW Inc stock for Q4 2014, down 7.7% quarter-over-quarter.
- 53 funds opened new DNOW Inc positions in Q4 2014 and 83 closed out, a net change of -30 holders.
- The largest DNOW Inc buyer in Q4 2014 was Neuberger Berman Group, an estimated $114M added.
- The largest DNOW Inc seller in Q4 2014 was Amici Capital, an estimated $53.2M sold.
Based on aggregated 13F filings for Q4 2014.