DNOW Inc
DNOW
284 hedge funds and large institutions have $1.99B invested in DNOW Inc in 2016 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 103 increasing their positions, 97 reducing their positions, and 40 closing their positions.
1.03% more ownership
Funds ownership: 100.85% → 101.88% (+1%)
6% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 97
4% more capital invested
Capital invested by funds: $1.9B → $1.99B (+$81.9M)
4% less funds holding
Funds holding: 297 → 284 (-13)
30% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 40
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
50% less call options, than puts
Call options by funds: $2.69M | Put options by funds: $5.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$34.4M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$31M |
| 3 |
Renaissance Technologies
New York
|
+$17.7M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$16M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
-$120M |
| 2 |
Neuberger Berman Group
New York
|
-$23.8M |
| 3 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
-$20.9M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$13.1M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$10.9M |
DNOW Hedge Fund Activity: Q2 2016 in Review
284 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2016, worth a combined $1.99B — up 4.3% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of DNOW and 28 opened new positions — a net loss of 12 holders — while 97 trimmed existing stakes and 103 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $34.4M. The largest seller was Fairholme Capital Management, exiting entirely with an estimated $120M sold.
- 284 institutional investors held DNOW Inc (DNOW) as of Q2 2016, down from 297 in Q1 2016.
- Funds reported $1.99B of DNOW Inc stock for Q2 2016, up 4.3% quarter-over-quarter.
- 28 funds opened new DNOW Inc positions in Q2 2016 and 40 closed out, a net change of -12 holders.
- The largest DNOW Inc buyer in Q2 2016 was Wellington Management Group, an estimated $34.4M added.
- The largest DNOW Inc seller in Q2 2016 was Fairholme Capital Management, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2016.