DNOW Inc
DNOW
237 hedge funds and large institutions have $1.19B invested in DNOW Inc in 2023 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 75 increasing their positions, 77 reducing their positions, and 17 closing their positions.
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
5% more funds holding
Funds holding: 226 → 237 (+11)
2.91% more ownership
Funds ownership: 95.88% → 98.8% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $1.22B → $1.19B (-$25.8M)
3% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 77
19% less call options, than puts
Call options by funds: $360K | Put options by funds: $445K
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$22.5M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$12.7M |
| 3 |
BlackRock
New York
|
+$8.62M |
| 4 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$7.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.81M |
Top Sellers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$15.9M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$7.34M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$7.04M |
| 4 |
Cerity Partners
New York
|
-$6.26M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$3.27M |
DNOW Hedge Fund Activity: Q4 2023 in Review
237 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2023, worth a combined $1.19B — down 2.1% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new DNOW positions and 17 closed out — a net gain of 13 holders — while 75 added to existing stakes and 77 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $22.5M. The largest seller was Pacer Advisors, exiting entirely with an estimated $15.9M sold.
- 237 institutional investors held DNOW Inc (DNOW) as of Q4 2023, up from 226 in Q3 2023.
- Funds reported $1.19B of DNOW Inc stock for Q4 2023, down 2.1% quarter-over-quarter.
- 30 funds opened new DNOW Inc positions in Q4 2023 and 17 closed out, a net change of +13 holders.
- The largest DNOW Inc buyer in Q4 2023 was Morgan Stanley, an estimated $22.5M added.
- The largest DNOW Inc seller in Q4 2023 was Pacer Advisors, an estimated $15.9M sold.
Based on aggregated 13F filings for Q4 2023.