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DNOW Inc

392 hedge funds and large institutions have $3.22B invested in DNOW Inc in 2014 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 108 increasing their positions, 162 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

10.48% more ownership

Funds ownership: 107.09%117.57% (+10%)

8% less capital invested

Capital invested by funds: $3.49B → $3.22B (-$269M)

8% less funds holding

Funds holding: 427392 (-35)

33% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 162

36% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 83

82% less call options, than puts

Call options by funds: $9.83M | Put options by funds: $55.9M

Holders
392
Holders Change
-35
Holders Change %
-8.2%
% of All Funds
10.46%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
53
Increased
108
Reduced
162
Closed
83
Calls
$9.83M
Puts
$55.9M
Net Calls
-$46.1M
Net Calls Change
-$30M
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$328M +$66.2M +2,421,477 +23%
OH
2
Orbis Holdings
Bermuda
$275M +$4.41M +161,300 +2%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$221M +$59.9M +2,190,115 +34%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$191M +$114M +4,174,826 +128%
Vanguard Group
5
Vanguard Group
Pennsylvania
$166M +$2.93M +107,082 +2%
JHIU
6
Janus Henderson Investors US
Colorado
$155M +$25.9M +948,192 +19%
O
7
OppenheimerFunds
New York
$133M +$91.4M +3,340,687 +183%
ClearBridge Investments
8
ClearBridge Investments
New York
$111M +$60.8M +2,224,004 +107%
MG
9
Meritage Group
California
$111M +$38.5M +1,407,409 +49%
Dodge & Cox
10
Dodge & Cox
California
$85.5M -$1.8M -65,734 -2%
SCM
11
Shapiro Capital Management
Georgia
$84.4M +$21.7M +792,550 +32%
State Street
12
State Street
Massachusetts
$78.5M -$1.03M -37,598 -1%
BFA
13
BlackRock Fund Advisors
California
$77.9M -$1.49M -54,477 -2%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$77.6M +$39.6M +1,445,870 +92%
BIT
15
BlackRock Institutional Trust
California
$76.8M -$311K -11,370 -0.4%
WA
16
Wasatch Advisors
Utah
$75.5M +$24.2M +885,337 +43%
GCM
17
Gates Capital Management
New York
$55.9M -$13M -476,756 -18%
Berkshire Hathaway
18
Berkshire Hathaway
Nebraska
$47M
AVC
19
Arlington Value Capital
Utah
$46.7M +$43.7M +1,599,296 +747%
Norges Bank
20
Norges Bank
Norway
$34.5M +$7.56M +276,261 +26%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$32.7M +$595K +21,764 +2%
Allianz Asset Management
22
Allianz Asset Management
Germany
$32.2M +$2.34M +85,448 +7%
Mitsubishi UFJ Trust & Banking
23
Mitsubishi UFJ Trust & Banking
Japan
$29.1M -$2.74M -100,040 -8%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$28.1M -$532K -19,464 -2%
Northern Trust
25
Northern Trust
Illinois
$24.1M -$1.06M -38,716 -4%

DNOW Hedge Fund Activity: Q4 2014 in Review

392 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2014, worth a combined $3.22B — down 7.7% from $3.49B a quarter earlier.

Sellers outnumbered buyers: 83 funds closed out of DNOW and 53 opened new positions — a net loss of 30 holders — while 162 trimmed existing stakes and 108 added.

The largest buyer was Neuberger Berman Group, adding an estimated $114M. The largest seller was Amici Capital, exiting entirely with an estimated $53.2M sold.

  • 392 institutional investors held DNOW Inc (DNOW) as of Q4 2014, down from 427 in Q3 2014.
  • Funds reported $3.22B of DNOW Inc stock for Q4 2014, down 7.7% quarter-over-quarter.
  • 53 funds opened new DNOW Inc positions in Q4 2014 and 83 closed out, a net change of -30 holders.
  • The largest DNOW Inc buyer in Q4 2014 was Neuberger Berman Group, an estimated $114M added.
  • The largest DNOW Inc seller in Q4 2014 was Amici Capital, an estimated $53.2M sold.

Based on aggregated 13F filings for Q4 2014.