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DNOW Inc

290 hedge funds and large institutions have $2.01B invested in DNOW Inc in 2018 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 73 increasing their positions, 100 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 30

22% more capital invested

Capital invested by funds: $1.65B → $2.01B (+$365M)

18% more call options, than puts

Call options by funds: $1.81M | Put options by funds: $1.53M

4% more funds holding

Funds holding: 280290 (+10)

2.07% less ownership

Funds ownership: 114.27%112.21% (-2.1%)

27% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 100

Holders
290
Holders Change
+10
Holders Change %
+3.57%
% of All Funds
6.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
43
Increased
73
Reduced
100
Closed
30
Calls
$1.81M
Puts
$1.53M
Net Calls
+$281K
Net Calls Change
+$671K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$17.4M -$2.46M -154,978 -13%
Bank of Montreal
27
Bank of Montreal
Ontario, Canada
$16.8M -$5.26M -331,523 -25%
HP
28
Hosking Partners
United Kingdom
$16.6M -$473K -29,843 -3%
Millennium Management
29
Millennium Management
New York
$15.7M -$3.21M -202,311 -18%
Goldman Sachs
30
Goldman Sachs
New York
$14.2M -$845K -53,279 -6%
Ameriprise
31
Ameriprise
Minnesota
$13.8M +$8.4M +529,687 +176%
HCM
32
Hutchinson Capital Management
California
$12.6M +$19.4K +1,224 +0.2%
HA
33
Heartland Advisors
Wisconsin
$11.7M -$2.49M -156,745 -18%
Fuller & Thaler Asset Management
34
Fuller & Thaler Asset Management
California
$11.6M -$444K -28,019 -4%
CB
35
Cooke & Bieler
Pennsylvania
$11.5M -$10.6M -668,980 -49%
JP Morgan Chase
36
JP Morgan Chase
New York
$11.1M +$5.08M +320,212 +91%
WG
37
Winton Group
United Kingdom
$11.1M +$7.28M +459,286 +219%
MAMU
38
Marathon Asset Management (UK)
United Kingdom
$11M -$225K -14,156 -2%
CEP
39
Chicago Equity Partners
Illinois
$11M +$8.61M +542,656 +439%
Norges Bank
40
Norges Bank
Norway
$10.4M
BCI
41
Brinker Capital Investments
Pennsylvania
$9.27M -$1.78M -112,000 -17%
SDIC
42
South Dakota Investment Council
South Dakota
$8.2M -$2.77M -174,361 -26%
Renaissance Technologies
43
Renaissance Technologies
New York
$8.17M +$1.3M +82,200 +20%
Principal Financial Group
44
Principal Financial Group
Iowa
$7.82M -$59.7K -3,763 -0.8%
ERSOT
45
Employees Retirement System of Texas
Texas
$7.37M -$238K -15,000 -3%
RJA
46
Raymond James & Associates
Florida
$6.85M -$13.9K -879 -0.2%
Morgan Stanley
47
Morgan Stanley
New York
$6.44M -$729K -45,964 -11%
OPCM
48
Osborne Partners Capital Management
California
$6.42M -$457K -28,785 -7%
SCM
49
Schneider Capital Management
Pennsylvania
$6.02M -$18.8M -1,183,150 -76%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$6M -$385K -24,266 -6%

DNOW Hedge Fund Activity: Q3 2018 in Review

290 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q3 2018, worth a combined $2.01B — up 22% from $1.65B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new DNOW positions and 30 closed out — a net gain of 13 holders — while 73 added to existing stakes and 100 trimmed.

The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $26.1M. The largest seller was GMT Capital, exiting entirely with an estimated $28.6M sold.

  • 290 institutional investors held DNOW Inc (DNOW) as of Q3 2018, up from 280 in Q2 2018.
  • Funds reported $2.01B of DNOW Inc stock for Q3 2018, up 22% quarter-over-quarter.
  • 43 funds opened new DNOW Inc positions in Q3 2018 and 30 closed out, a net change of +13 holders.
  • The largest DNOW Inc buyer in Q3 2018 was Hennessy Advisors Inc, an estimated $26.1M added.
  • The largest DNOW Inc seller in Q3 2018 was GMT Capital, an estimated $28.6M sold.

Based on aggregated 13F filings for Q3 2018.