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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
QIM
126
Quantitative Investment Management
Virginia
$445K +$440K +33,400 New
Pacer Advisors
127
Pacer Advisors
Pennsylvania
$435K +$47K +3,561 +12%
UBS Group
128
UBS Group
Switzerland
$416K +$151K +11,468 +58%
COPPSERS
129
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$389K -$249K -18,854 -39%
LSERS
130
Louisiana State Employees Retirement System
Louisiana
$389K +$11.9K +900 +3%
CSS
131
Cubist Systematic Strategies
Connecticut
$387K +$365K +27,660 +1,969%
GXMC
132
Global X Management Company
New York
$367K +$58.2K +4,410 +19%
OAC
133
OMERS Administration Corp
Ontario, Canada
$343K +$339K +25,700 New
MERSOM
134
Municipal Employees' Retirement System of Michigan
Michigan
$338K -$95.2K -7,220 -22%
NMERB
135
New Mexico Educational Retirement Board
New Mexico
$337K -$58K -4,400 -15%
BTS
136
BB&T Securities
Virginia
$332K -$57.9K -4,388 -15%
Thrivent Financial for Lutherans
137
Thrivent Financial for Lutherans
Minnesota
$328K +$4.06K +308 +1%
ProShare Advisors
138
ProShare Advisors
Maryland
$324K +$8.64K +655 +3%
GWM
139
Geneos Wealth Management
Colorado
$305K +$89.4K +6,780 +42%
MCIM
140
Meadow Creek Investment Management
Georgia
$299K +$101K +7,650 +52%
XK
141
Xact Kapitalforvaltning
Sweden
$296K -$55.4K -4,200 -16%
FRM
142
Fox Run Management
Connecticut
$294K +$290K +22,023 New
Teacher Retirement System of Texas
143
Teacher Retirement System of Texas
Texas
$292K -$25.7K -1,949 -8%
LMGAM
144
Liberty Mutual Group Asset Management
Massachusetts
$287K +$4.34K +329 +2%
NMIMC
145
Northwestern Mutual Investment Management Company
Wisconsin
$283K -$10.2K -776 -4%
Ohio Public Employees Retirement System (OPERS)
146
Ohio Public Employees Retirement System (OPERS)
Ohio
$272K +$20.2K +1,530 +8%
TRSOTSOK
147
Teachers Retirement System of the State of Kentucky
Kentucky
$264K
William Blair Investment Management
148
William Blair Investment Management
Illinois
$262K +$259K +19,660 New
LPL Financial
149
LPL Financial
California
$257K -$31.1K -2,360 -11%
HSBC Holdings
150
HSBC Holdings
United Kingdom
$251K -$216K -16,417 -47%

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.