DNOW Inc
DNOW
259 hedge funds and large institutions have $1.16B invested in DNOW Inc in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 71 increasing their positions, 93 reducing their positions, and 32 closing their positions.
19% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 32
2% more funds holding
Funds holding: 255 → 259 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.74% less ownership
Funds ownership: 96.93% → 94.19% (-2.7%)
10% less capital invested
Capital invested by funds: $1.29B → $1.16B (-$131M)
24% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 93
86% less call options, than puts
Call options by funds: $93K | Put options by funds: $650K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.5M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$6.53M |
| 3 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$6.08M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.03M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$16.7M |
| 2 |
SG
Sourcerock Group
Denver,
Colorado
|
-$13.1M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$13M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.54M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.2M |
DNOW Hedge Fund Activity: Q1 2023 in Review
259 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2023, worth a combined $1.16B — down 10% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new DNOW positions and 32 closed out — a net gain of 6 holders — while 71 added to existing stakes and 93 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $8.5M. The largest seller was American Century Companies, cutting an estimated $16.7M.
- 259 institutional investors held DNOW Inc (DNOW) as of Q1 2023, up from 255 in Q4 2022.
- Funds reported $1.16B of DNOW Inc stock for Q1 2023, down 10% quarter-over-quarter.
- 38 funds opened new DNOW Inc positions in Q1 2023 and 32 closed out, a net change of +6 holders.
- The largest DNOW Inc buyer in Q1 2023 was Dimensional Fund Advisors, an estimated $8.5M added.
- The largest DNOW Inc seller in Q1 2023 was American Century Companies, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2023.