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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
Legal & General Group
51
Legal & General Group
United Kingdom
$3.57M -$90.5K -8,102 -3%
Russell Investments Group
52
Russell Investments Group
United Kingdom
$3.32M +$1.38M +123,581 +79%
Federated Hermes
53
Federated Hermes
Pennsylvania
$3.29M -$537K -48,131 -15%
Hotchkis & Wiley Capital Management
54
Hotchkis & Wiley Capital Management
California
$3.11M +$2.93M +262,230 New
First Eagle Investment Management
55
First Eagle Investment Management
New York
$3.07M -$23.4K -2,100 -0.8%
EAM
56
Eagle Asset Management
Florida
$3.02M -$2.37M -212,703 -46%
CCPM
57
Cooper Creek Partners Management
New York
$2.88M
Swiss National Bank
58
Swiss National Bank
Switzerland
$2.79M -$53.6K -4,800 -2%
AIMCA
59
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$2.57M +$369K +33,068 +18%
New York State Teachers Retirement System (NYSTRS)
60
New York State Teachers Retirement System (NYSTRS)
New York
$2.54M -$99.9K -8,951 -4%
Bank of America
61
Bank of America
North Carolina
$2.43M +$618K +55,346 +37%
Qube Research & Technologies (QRT)
62
Qube Research & Technologies (QRT)
United Kingdom
$2.15M -$501K -44,841 -20%
FP
63
Foundry Partners
Minnesota
$1.99M -$93.4K -8,367 -5%
EGM
64
Engineers Gate Manager
New York
$1.86M -$501K -44,886 -22%
Deutsche Bank
65
Deutsche Bank
Germany
$1.71M -$4.89M -437,779 -75%
Public Sector Pension Investment Board (PSP Investments)
66
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.57M -$647K -57,976 -31%
CS
67
Credit Suisse
Switzerland
$1.51M -$65.8K -5,890 -4%
Prudential Financial
68
Prudential Financial
New Jersey
$1.49M -$81.6K -7,306 -5%
UBS AM
69
UBS AM
Illinois
$1.45M -$184K -16,524 -12%
UBS Group
70
UBS Group
Switzerland
$1.42M +$28.2K +2,523 +2%
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$1.4M -$172K -15,418 -12%
PI
72
Putnam Investments
Massachusetts
$1.38M -$11.4K -1,019 -0.9%
Canada Life
73
Canada Life
Manitoba, Canada
$1.35M +$6.08K +545 +0.5%
AllianceBernstein
74
AllianceBernstein
Tennessee
$1.33M -$28.8K -2,582 -2%
Teacher Retirement System of Texas
75
Teacher Retirement System of Texas
Texas
$1.31M -$9.26K -829 -0.7%

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.