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DNOW Inc

226 hedge funds and large institutions have $1.22B invested in DNOW Inc in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 99 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $1.07B → $1.22B (+$150M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.18% less ownership

Funds ownership: 96.07%95.88% (-0.18%)

10% less funds holding

Funds holding: 251226 (-25)

24% less call options, than puts

Call options by funds: $185K | Put options by funds: $243K

40% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 99

56% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 41

Holders
226
Holders Change
-25
Holders Change %
-9.96%
% of All Funds
3.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
59
Reduced
99
Closed
41
Calls
$185K
Puts
$243K
Net Calls
-$58K
Net Calls Change
-$61K
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
26
New York State Common Retirement Fund
New York
$10.3M +$629K +56,319 +7%
Goldman Sachs
27
Goldman Sachs
New York
$10.3M -$1.72M -153,991 -15%
Norges Bank
28
Norges Bank
Norway
$10M -$913K -81,801 -9%
Assenagon Asset Management
29
Assenagon Asset Management
Luxembourg
$10M -$1.25M -112,384 -12%
Morgan Stanley
30
Morgan Stanley
New York
$9.6M +$359K +32,193 +4%
Wellington Management Group
31
Wellington Management Group
Massachusetts
$9.6M +$4.99M +447,000 +124%
RRAM
32
River Road Asset Management
Kentucky
$8.91M -$11.4K -1,017 -0.1%
Millennium Management
33
Millennium Management
New York
$8.82M +$364K +32,635 +5%
Citadel Advisors
34
Citadel Advisors
Florida
$8.51M +$921K +82,515 +13%
Victory Capital Management
35
Victory Capital Management
Texas
$8.15M -$252K -22,546 -3%
SDIC
36
South Dakota Investment Council
South Dakota
$7.42M -$813K -72,797 -10%
WA
37
Wasatch Advisors
Utah
$7.34M +$6.9M +618,120 New
Two Sigma Advisers
38
Two Sigma Advisers
New York
$7.26M +$895K +80,200 +15%
State of Wisconsin Investment Board
39
State of Wisconsin Investment Board
Wisconsin
$7.23M -$541K -48,432 -7%
VOYA Investment Management
40
VOYA Investment Management
Georgia
$7.19M +$436K +39,073 +7%
Principal Financial Group
41
Principal Financial Group
Iowa
$6.84M -$368K -32,994 -5%
Cerity Partners
42
Cerity Partners
New York
$6.26M +$5.89M +527,606 New
Allianz Asset Management
43
Allianz Asset Management
Germany
$5.85M +$721K +64,617 +15%
AQR Capital Management
44
AQR Capital Management
Connecticut
$5.36M +$2.54M +227,810 +102%
Nordea Investment Management
45
Nordea Investment Management
Sweden
$4.96M -$167K -14,942 -4%
Two Sigma Investments
46
Two Sigma Investments
New York
$4.76M +$1.29M +115,184 +40%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$4.41M -$100K -8,956 -2%
PAM
48
Panagora Asset Management
Massachusetts
$4.4M -$103K -9,213 -2%
First Trust Advisors
49
First Trust Advisors
Illinois
$4.02M +$862K +77,227 +30%
MAM
50
Monaco Asset Management
Monaco
$3.64M +$853K +76,424 +33%

DNOW Hedge Fund Activity: Q3 2023 in Review

226 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q3 2023, worth a combined $1.22B — up 14% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of DNOW and 18 opened new positions — a net loss of 23 holders — while 99 trimmed existing stakes and 59 added.

The largest buyer was Pacer Advisors, opening a new position worth an estimated $15M. The largest seller was BlackRock, cutting an estimated $5.94M.

  • 226 institutional investors held DNOW Inc (DNOW) as of Q3 2023, down from 251 in Q2 2023.
  • Funds reported $1.22B of DNOW Inc stock for Q3 2023, up 14% quarter-over-quarter.
  • 18 funds opened new DNOW Inc positions in Q3 2023 and 41 closed out, a net change of -23 holders.
  • The largest DNOW Inc buyer in Q3 2023 was Pacer Advisors, an estimated $15M added.
  • The largest DNOW Inc seller in Q3 2023 was BlackRock, an estimated $5.94M sold.

Based on aggregated 13F filings for Q3 2023.