DNOW Inc
DNOW
290 hedge funds and large institutions have $1.82B invested in DNOW Inc in 2017 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 96 increasing their positions, 97 reducing their positions, and 44 closing their positions.
432% more call options, than puts
Call options by funds: $7.29M | Put options by funds: $1.37M
1% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 97
5% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 44
2.53% less ownership
Funds ownership: 102.3% → 99.77% (-2.5%)
4% less funds holding
Funds holding: 301 → 290 (-11)
19% less capital invested
Capital invested by funds: $2.25B → $1.82B (-$432M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$223M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$29.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.5M |
| 5 |
JP Morgan Chase
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$108M |
| 2 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$35.9M |
| 3 |
Goldman Sachs
New York
|
-$18.2M |
| 4 |
Neuberger Berman Group
New York
|
-$17.7M |
| 5 |
Bank of New York Mellon
New York
|
-$16.8M |
DNOW Hedge Fund Activity: Q1 2017 in Review
290 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2017, worth a combined $1.82B — down 19% from $2.25B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of DNOW and 42 opened new positions — a net loss of 2 holders — while 97 trimmed existing stakes and 96 added.
The largest buyer was BlackRock, adding an estimated $223M. The largest seller was Wellington Management Group, cutting an estimated $108M.
- 290 institutional investors held DNOW Inc (DNOW) as of Q1 2017, down from 301 in Q4 2016.
- Funds reported $1.82B of DNOW Inc stock for Q1 2017, down 19% quarter-over-quarter.
- 42 funds opened new DNOW Inc positions in Q1 2017 and 44 closed out, a net change of -2 holders.
- The largest DNOW Inc buyer in Q1 2017 was BlackRock, an estimated $223M added.
- The largest DNOW Inc seller in Q1 2017 was Wellington Management Group, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2017.