DNOW Inc
DNOW
245 hedge funds and large institutions have $975M invested in DNOW Inc in 2021 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 71 increasing their positions, 86 reducing their positions, and 23 closing their positions.
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
6% more funds holding
Funds holding: 231 → 245 (+14)
1.13% less ownership
Funds ownership: 94.49% → 93.36% (-1.1%)
7% less capital invested
Capital invested by funds: $1.05B → $975M (-$71M)
17% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 86
88% less call options, than puts
Call options by funds: $1.52M | Put options by funds: $12.3M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.89M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$7.3M |
| 3 |
Morgan Stanley
New York
|
+$6.04M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.45M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$18.9M |
| 2 |
SAM
Scion Asset Management
Saratoga,
California
|
-$7.06M |
| 3 |
Renaissance Technologies
New York
|
-$4.24M |
| 4 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
-$3.47M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$3.41M |
DNOW Hedge Fund Activity: Q2 2021 in Review
245 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2021, worth a combined $975M — down 6.8% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new DNOW positions and 23 closed out — a net gain of 15 holders — while 71 added to existing stakes and 86 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $7.89M. The largest seller was Victory Capital Management, cutting an estimated $18.9M.
- 245 institutional investors held DNOW Inc (DNOW) as of Q2 2021, up from 231 in Q1 2021.
- Funds reported $975M of DNOW Inc stock for Q2 2021, down 6.8% quarter-over-quarter.
- 38 funds opened new DNOW Inc positions in Q2 2021 and 23 closed out, a net change of +15 holders.
- The largest DNOW Inc buyer in Q2 2021 was Arrowstreet Capital, an estimated $7.89M added.
- The largest DNOW Inc seller in Q2 2021 was Victory Capital Management, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2021.