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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
Franklin Resources
101
Franklin Resources
California
$655K -$160K -14,303 -21%
CB
102
Commerce Bank
Missouri
$648K -$279 -25 -0%
MIM
103
MetLife Investment Management
New Jersey
$646K -$37.5K -3,356 -6%
LSERS
104
Louisiana State Employees Retirement System
Louisiana
$645K -$20.1K -1,800 -3%
YCM
105
Yousif Capital Management
Michigan
$630K -$39.6K -3,550 -6%
ASN
106
Advisory Services Network
Georgia
$613K -$14.2K -1,270 -2%
Ensign Peak Advisors
107
Ensign Peak Advisors
Utah
$604K
Comerica Bank
108
Comerica Bank
Texas
$599K +$563K +50,468 New
Janus Henderson Group
109
Janus Henderson Group
United Kingdom
$577K +$145 +13 +0%
PNC Financial Services Group
110
PNC Financial Services Group
Pennsylvania
$562K +$399K +35,708 +307%
BNP Paribas Financial Markets
111
BNP Paribas Financial Markets
France
$550K -$88.2K -7,901 -15%
TD Asset Management
112
TD Asset Management
Ontario, Canada
$507K -$39.1K -3,500 -8%
AB
113
Amalgamated Bank
New York
$496K -$16.3K -1,462 -3%
SG Americas Securities
114
SG Americas Securities
New York
$489K +$460K +41,208 New
State Board of Administration of Florida Retirement System
115
State Board of Administration of Florida Retirement System
Florida
$486K +$1.56K +140 +0.3%
MSRPS
116
Maryland State Retirement & Pension System
Maryland
$467K -$26.4K -2,369 -6%
SAM
117
Shell Asset Management
Netherlands
$450K -$7.36K -659 -2%
State of Tennessee, Department of Treasury
118
State of Tennessee, Department of Treasury
Tennessee
$445K -$757K -67,826 -64%
TRSOTSOK
119
Teachers Retirement System of the State of Kentucky
Kentucky
$428K
SO
120
STRS Ohio
Ohio
$415K +$391K +35,000 New
TPW
121
Transatlantique Private Wealth
New York
$390K +$8.93K +800 +2%
HF
122
HRT Financial
New York
$386K -$481K -43,044 -57%
CIEP
123
Constellation Investimentos e Participacoes
Brazil
$386K -$502 -45 -6%
VRS
124
Virginia Retirement Systems
Virginia
$381K -$35.7K -3,200 -9%
NYLIM
125
New York Life Investment Management
New York
$378K -$56.7K -5,081 -14%

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.