DNOW Inc
DNOW
270 hedge funds and large institutions have $1.29B invested in DNOW Inc in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 95 increasing their positions, 79 reducing their positions, and 40 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 79
5.02% more ownership
Funds ownership: 112.05% → 117.07% (+5%)
3% less capital invested
Capital invested by funds: $1.33B → $1.29B (-$39.6M)
3% less funds holding
Funds holding: 279 → 270 (-9)
18% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 40
86% less call options, than puts
Call options by funds: $521K | Put options by funds: $3.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$20.5M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$19.1M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$8.47M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$7.93M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Ensemble Capital Management
San Francisco,
California
|
-$21.7M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$15.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$14.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.93M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.44M |
DNOW Hedge Fund Activity: Q1 2018 in Review
270 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2018, worth a combined $1.29B — down 3% from $1.33B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of DNOW and 33 opened new positions — a net loss of 7 holders — while 79 trimmed existing stakes and 95 added.
The largest buyer was ClearBridge Investments, adding an estimated $20.5M. The largest seller was Ensemble Capital Management, exiting entirely with an estimated $21.7M sold.
- 270 institutional investors held DNOW Inc (DNOW) as of Q1 2018, down from 279 in Q4 2017.
- Funds reported $1.29B of DNOW Inc stock for Q1 2018, down 3% quarter-over-quarter.
- 33 funds opened new DNOW Inc positions in Q1 2018 and 40 closed out, a net change of -7 holders.
- The largest DNOW Inc buyer in Q1 2018 was ClearBridge Investments, an estimated $20.5M added.
- The largest DNOW Inc seller in Q1 2018 was Ensemble Capital Management, an estimated $21.7M sold.
Based on aggregated 13F filings for Q1 2018.