DNOW Inc
DNOW
297 hedge funds and large institutions have $1.92B invested in DNOW Inc in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 97 increasing their positions, 96 reducing their positions, and 42 closing their positions.
5% more capital invested
Capital invested by funds: $1.82B → $1.92B (+$94.7M)
1% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 96
7% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 42
2% less funds holding
Funds holding: 302 → 297 (-5)
6.62% less ownership
Funds ownership: 107.47% → 100.85% (-6.6%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
60% less call options, than puts
Call options by funds: $4.06M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.3M |
| 2 |
ClearBridge Investments
New York
|
+$13.6M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$12.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.71M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$8.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$64.9M |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$37.8M |
| 3 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$20.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.6M |
DNOW Hedge Fund Activity: Q1 2016 in Review
297 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2016, worth a combined $1.92B — up 5.2% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of DNOW and 39 opened new positions — a net loss of 3 holders — while 96 trimmed existing stakes and 97 added.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $21.3M. The largest seller was Harris Associates, exiting entirely with an estimated $64.9M sold.
- 297 institutional investors held DNOW Inc (DNOW) as of Q1 2016, down from 302 in Q4 2015.
- Funds reported $1.92B of DNOW Inc stock for Q1 2016, up 5.2% quarter-over-quarter.
- 39 funds opened new DNOW Inc positions in Q1 2016 and 42 closed out, a net change of -3 holders.
- The largest DNOW Inc buyer in Q1 2016 was T. Rowe Price Associates, an estimated $21.3M added.
- The largest DNOW Inc seller in Q1 2016 was Harris Associates, an estimated $64.9M sold.
Based on aggregated 13F filings for Q1 2016.