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DNOW Inc

269 hedge funds and large institutions have $1.48B invested in DNOW Inc in 2024 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 93 increasing their positions, 79 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $881K | Put options by funds: $323K

22% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 37

18% more repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 79

3.87% more ownership

Funds ownership: 97.19%101.06% (+3.9%)

2% more funds holding

Funds holding: 264269 (+5)

5% less capital invested

Capital invested by funds: $1.56B → $1.48B (-$81.9M)

Holders
269
Holders Change
+5
Holders Change %
+1.89%
% of All Funds
3.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
45
Increased
93
Reduced
79
Closed
37
Calls
$881K
Puts
$323K
Net Calls
+$558K
Net Calls Change
-$280K
Name Holding Trade Value Shares
Change
Change in
Stake
AQR Capital Management
26
AQR Capital Management
Connecticut
$11.4M +$2.11M +148,549 +22%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$11.2M -$8.43M -592,718 -42%
RRAM
28
River Road Asset Management
Kentucky
$11.1M -$767K -53,936 -6%
Citadel Advisors
29
Citadel Advisors
Florida
$10.6M -$6.18M -434,148 -36%
BCM
30
Bridgeway Capital Management
Texas
$10.4M +$10.8M +758,458 New
Ameriprise
31
Ameriprise
Minnesota
$10.2M -$2.02M -142,130 -16%
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$9.54M +$109K +7,635 +1%
Allianz Asset Management
33
Allianz Asset Management
Germany
$8.82M +$1.18M +82,845 +15%
HA
34
Heartland Advisors
Wisconsin
$8.48M -$786K -55,250 -8%
Deutsche Bank
35
Deutsche Bank
Germany
$7.98M -$72.3K -5,081 -0.9%
RA
36
Royce & Associates
New York
$7.63M -$273K -19,188 -3%
PAM
37
Panagora Asset Management
Massachusetts
$7.39M +$1.28M +89,886 +20%
Principal Financial Group
38
Principal Financial Group
Iowa
$7.23M -$359K -25,211 -5%
EF
39
Empowered Funds
Pennsylvania
$6.98M +$7.23M +508,458 New
Norges Bank
40
Norges Bank
Norway
$6.78M -$2.12M -149,296 -23%
VOYA Investment Management
41
VOYA Investment Management
Georgia
$5.95M -$604K -42,431 -9%
Millennium Management
42
Millennium Management
New York
$5.59M -$2.47M -173,841 -30%
Two Sigma Advisers
43
Two Sigma Advisers
New York
$5.3M -$2.99M -210,200 -35%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$4.92M -$29.1K -2,049 -0.6%
Nordea Investment Management
45
Nordea Investment Management
Sweden
$4.63M -$837K -58,830 -15%
Legal & General Group
46
Legal & General Group
United Kingdom
$4.08M +$21.6K +1,519 +0.5%
AG
47
Algert Global
California
$4.05M +$296K +20,785 +8%
Assenagon Asset Management
48
Assenagon Asset Management
Luxembourg
$4.01M -$575K -40,439 -12%
QC
49
Quantedge Capital
Singapore
$3.83M +$3.69M +259,223 +1,323%
First Trust Advisors
50
First Trust Advisors
Illinois
$3.77M -$1.44M -100,958 -27%

DNOW Hedge Fund Activity: Q2 2024 in Review

269 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2024, worth a combined $1.48B — down 5.2% from $1.56B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new DNOW positions and 37 closed out — a net gain of 8 holders — while 93 added to existing stakes and 79 trimmed.

The largest buyer was Pacer Advisors, adding an estimated $41.8M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $11M sold.

  • 269 institutional investors held DNOW Inc (DNOW) as of Q2 2024, up from 264 in Q1 2024.
  • Funds reported $1.48B of DNOW Inc stock for Q2 2024, down 5.2% quarter-over-quarter.
  • 45 funds opened new DNOW Inc positions in Q2 2024 and 37 closed out, a net change of +8 holders.
  • The largest DNOW Inc buyer in Q2 2024 was Pacer Advisors, an estimated $41.8M added.
  • The largest DNOW Inc seller in Q2 2024 was Mirae Asset Global Investments, an estimated $11M sold.

Based on aggregated 13F filings for Q2 2024.