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DNOW Inc

280 hedge funds and large institutions have $1.65B invested in DNOW Inc in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 83 increasing their positions, 91 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 25

27% more capital invested

Capital invested by funds: $1.29B → $1.65B (+$355M)

4% more funds holding

Funds holding: 270280 (+10)

9% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 91

2.8% less ownership

Funds ownership: 117.07%114.27% (-2.8%)

25% less call options, than puts

Call options by funds: $1.2M | Put options by funds: $1.59M

Holders
280
Holders Change
+10
Holders Change %
+3.7%
% of All Funds
6.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
35
Increased
83
Reduced
91
Closed
25
Calls
$1.2M
Puts
$1.59M
Net Calls
-$390K
Net Calls Change
+$2.81M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$14.6M +$1.57M +119,319 +12%
HP
27
Hosking Partners
United Kingdom
$13.8M +$105K +7,986 +0.8%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$13.6M +$1.65M +125,282 +14%
Deutsche Bank
29
Deutsche Bank
Germany
$12.5M +$9.46M +717,590 +328%
Goldman Sachs
30
Goldman Sachs
New York
$12.2M -$5.46M -414,044 -31%
HA
31
Heartland Advisors
Wisconsin
$11.5M +$4.14M +313,593 +57%
HCM
32
Hutchinson Capital Management
California
$10.1M -$124K -9,412 -1%
Fuller & Thaler Asset Management
33
Fuller & Thaler Asset Management
California
$9.72M +$38.4K +2,911 +0.4%
MAMU
34
Marathon Asset Management (UK)
United Kingdom
$9.08M +$4.64K +352 +0.1%
BCI
35
Brinker Capital Investments
Pennsylvania
$8.96M -$5.58M -423,400 -39%
SDIC
36
South Dakota Investment Council
South Dakota
$8.93M -$111K -8,400 -1%
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
$8.84M +$1.95M +147,984 +29%
Norges Bank
38
Norges Bank
Norway
$8.38M -$6.88M -521,931 -45%
GPGA
39
Grandeur Peak Global Advisors
Utah
$6.74M +$39.6K +3,000 +0.6%
Principal Financial Group
40
Principal Financial Group
Iowa
$6.35M +$118K +8,946 +2%
ERSOT
41
Employees Retirement System of Texas
Texas
$6.13M
Morgan Stanley
42
Morgan Stanley
New York
$5.8M -$1.2M -90,892 -17%
OPCM
43
Osborne Partners Capital Management
California
$5.55M -$221K -16,783 -4%
RJA
44
Raymond James & Associates
Florida
$5.53M +$201K +15,225 +4%
Renaissance Technologies
45
Renaissance Technologies
New York
$5.48M +$4.5M +341,400 +488%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$5.16M -$1.44M -108,945 -22%
IFLIT
47
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Germany
$5.11M -$1.48M -112,000 -23%
Russell Investments Group
48
Russell Investments Group
United Kingdom
$4.81M -$2.06M -156,503 -30%
JP Morgan Chase
49
JP Morgan Chase
New York
$4.67M -$3.98M -301,456 -46%
BGIM
50
Brandywine Global Investment Management
Pennsylvania
$4.27M +$4.22M +320,204 New

DNOW Hedge Fund Activity: Q2 2018 in Review

280 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2018, worth a combined $1.65B — up 27% from $1.29B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new DNOW positions and 25 closed out — a net gain of 10 holders — while 83 added to existing stakes and 91 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $15.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $21.9M sold.

  • 280 institutional investors held DNOW Inc (DNOW) as of Q2 2018, up from 270 in Q1 2018.
  • Funds reported $1.65B of DNOW Inc stock for Q2 2018, up 27% quarter-over-quarter.
  • 35 funds opened new DNOW Inc positions in Q2 2018 and 25 closed out, a net change of +10 holders.
  • The largest DNOW Inc buyer in Q2 2018 was Millennium Management, an estimated $15.2M added.
  • The largest DNOW Inc seller in Q2 2018 was Adage Capital Partners, an estimated $21.9M sold.

Based on aggregated 13F filings for Q2 2018.