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DNOW Inc

280 hedge funds and large institutions have $1.65B invested in DNOW Inc in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 83 increasing their positions, 91 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 25

27% more capital invested

Capital invested by funds: $1.29B → $1.65B (+$355M)

4% more funds holding

Funds holding: 270280 (+10)

9% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 91

2.8% less ownership

Funds ownership: 117.07%114.27% (-2.8%)

25% less call options, than puts

Call options by funds: $1.2M | Put options by funds: $1.59M

Holders
280
Holders Change
+10
Holders Change %
+3.7%
% of All Funds
6.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
35
Increased
83
Reduced
91
Closed
25
Calls
$1.2M
Puts
$1.59M
Net Calls
-$390K
Net Calls Change
+$2.81M
Name Holding Trade Value Shares
Change
Change in
Stake
MLICM
101
Metropolitan Life Insurance Company (MetLife)
New York
$864K +$4.25K +322 +0.5%
SG Americas Securities
102
SG Americas Securities
New York
$844K -$1.25M -94,531 -60%
Canada Life
103
Canada Life
Manitoba, Canada
$838K -$51.6K -3,910 -6%
PCM
104
Penn Capital Management
Pennsylvania
$803K -$2.41M -182,609 -75%
OAM
105
Oppenheimer Asset Management
New York
$783K -$167K -12,681 -18%
O
106
OppenheimerFunds
New York
$782K -$210K -15,941 -21%
WBC
107
Westpac Banking Corp
Australia
$755K -$16K -1,212 -2%
HP
108
Hikari Power
Japan
$742K
MSA
109
Mason Street Advisors
Wisconsin
$739K +$18.3K +1,386 +3%
AG
110
Aperio Group
California
$733K -$64.5K -4,893 -8%
Two Sigma Investments
111
Two Sigma Investments
New York
$724K -$4.87M -369,355 -87%
GC
112
Guggenheim Capital
Illinois
$706K -$3.99M -302,261 -85%
DADC
113
D.A. Davidson & Co
Montana
$626K -$49.3K -3,738 -7%
Carson Wealth (CWM LLC)
114
Carson Wealth (CWM LLC)
Nebraska
$619K +$46.4K +3,518 +8%
Fidelity International
115
Fidelity International
Bermuda
$559K
VOYA Investment Management
116
VOYA Investment Management
Georgia
$557K -$62.5K -4,743 -10%
OPERF
117
Oregon Public Employees Retirement Fund
Oregon
$555K +$16K +1,213 +3%
AIP
118
Ameritas Investment Partners
Nebraska
$546K
AC
119
Addison Capital
Pennsylvania
$544K -$24.4K -1,853 -4%
SBCM
120
Schwerin Boyle Capital Management
Massachusetts
$542K
SOMRS
121
State of Michigan Retirement System
Michigan
$516K
CWM
122
Cornerstone Wealth Management
Missouri
$514K +$89.7K +6,801 New
T. Rowe Price Associates
123
T. Rowe Price Associates
Maryland
$493K +$2.21K +168 +0.5%
CGH
124
Crossmark Global Holdings
Texas
$480K +$4.22K +320 +0.9%
SC
125
Sasco Capital
Connecticut
$459K

DNOW Hedge Fund Activity: Q2 2018 in Review

280 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2018, worth a combined $1.65B — up 27% from $1.29B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new DNOW positions and 25 closed out — a net gain of 10 holders — while 83 added to existing stakes and 91 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $15.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $21.9M sold.

  • 280 institutional investors held DNOW Inc (DNOW) as of Q2 2018, up from 270 in Q1 2018.
  • Funds reported $1.65B of DNOW Inc stock for Q2 2018, up 27% quarter-over-quarter.
  • 35 funds opened new DNOW Inc positions in Q2 2018 and 25 closed out, a net change of +10 holders.
  • The largest DNOW Inc buyer in Q2 2018 was Millennium Management, an estimated $15.2M added.
  • The largest DNOW Inc seller in Q2 2018 was Adage Capital Partners, an estimated $21.9M sold.

Based on aggregated 13F filings for Q2 2018.