DNOW Inc
DNOW
251 hedge funds and large institutions have $1.07B invested in DNOW Inc in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 70 increasing their positions, 103 reducing their positions, and 27 closing their positions.
1.88% more ownership
Funds ownership: 94.19% → 96.07% (+1.9%)
1% more call options, than puts
Call options by funds: $221K | Put options by funds: $218K
3% less funds holding
Funds holding: 259 → 251 (-8)
8% less capital invested
Capital invested by funds: $1.16B → $1.07B (-$92.6M)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
32% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 103
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$7.74M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$7.55M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$5.97M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.77M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$7.35M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.26M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$5.4M |
| 4 |
Goldman Sachs
New York
|
-$3.46M |
| 5 |
Morgan Stanley
New York
|
-$2.63M |
DNOW Hedge Fund Activity: Q2 2023 in Review
251 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2023, worth a combined $1.07B — down 8% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of DNOW and 20 opened new positions — a net loss of 7 holders — while 103 trimmed existing stakes and 70 added.
The largest buyer was Royce & Associates, adding an estimated $7.74M. The largest seller was BlackRock, cutting an estimated $7.35M.
- 251 institutional investors held DNOW Inc (DNOW) as of Q2 2023, down from 259 in Q1 2023.
- Funds reported $1.07B of DNOW Inc stock for Q2 2023, down 8% quarter-over-quarter.
- 20 funds opened new DNOW Inc positions in Q2 2023 and 27 closed out, a net change of -7 holders.
- The largest DNOW Inc buyer in Q2 2023 was Royce & Associates, an estimated $7.74M added.
- The largest DNOW Inc seller in Q2 2023 was BlackRock, an estimated $7.35M sold.
Based on aggregated 13F filings for Q2 2023.