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DNOW Inc

295 hedge funds and large institutions have $2.41B invested in DNOW Inc in 2016 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 82 increasing their positions, 112 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 22

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

41% more call options, than puts

Call options by funds: $5.11M | Put options by funds: $3.61M

21% more capital invested

Capital invested by funds: $1.99B → $2.41B (+$419M)

4% more funds holding

Funds holding: 284295 (+11)

2.99% more ownership

Funds ownership: 101.88%104.88% (+3%)

27% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 112

Holders
295
Holders Change
+11
Holders Change %
+3.87%
% of All Funds
7.87%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
34
Increased
82
Reduced
112
Closed
22
Calls
$5.11M
Puts
$3.61M
Net Calls
+$1.5M
Net Calls Change
+$4.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$289M -$3.97M -198,587 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$165M -$846K -42,322 -0.5%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$165M -$14.1M -702,919 -8%
ClearBridge Investments
4
ClearBridge Investments
New York
$138M -$1.85M -92,592 -1%
BFA
5
BlackRock Fund Advisors
California
$121M +$6.67M +333,449 +6%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$106M +$59.7M +2,983,569 +152%
Fidelity International
7
Fidelity International
Bermuda
$92.1M +$739K +36,934 +0.9%
AVC
8
Arlington Value Capital
Utah
$75.8M -$21.6M -1,082,025 -23%
State Street
9
State Street
Massachusetts
$73.5M -$1.07M -53,269 -2%
BIT
10
BlackRock Institutional Trust
California
$69.5M +$222K +11,124 +0.3%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$60.8M -$425K -21,264 -0.7%
CCP
12
Clarkston Capital Partners
Michigan
$58.2M +$1.27M +63,410 +2%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$56.7M -$10.1M -506,338 -16%
Goldman Sachs
14
Goldman Sachs
New York
$52.2M +$41M +2,049,605 +529%
Berkshire Hathaway
15
Berkshire Hathaway
Nebraska
$39.1M
Bank of New York Mellon
16
Bank of New York Mellon
New York
$38.5M +$274K +13,683 +0.8%
Renaissance Technologies
17
Renaissance Technologies
New York
$36.2M +$3.98M +198,900 +13%
Northern Trust
18
Northern Trust
Illinois
$34.9M +$342K +17,087 +1%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$34.4M +$17.2M +861,822 +116%
Norges Bank
20
Norges Bank
Norway
$31.7M +$1.75M +87,268 +6%
Mitsubishi UFJ Trust & Banking
21
Mitsubishi UFJ Trust & Banking
Japan
$31M -$4K -200 -0%
AQR Capital Management
22
AQR Capital Management
Connecticut
$29.2M +$5.59M +279,749 +26%
SCM
23
Shapiro Capital Management
Georgia
$27.4M -$36K -1,800 -0.1%
BCIM
24
Black Creek Investment Management
Ontario, Canada
$25.7M +$24M +1,198,750 New
QI
25
QV Investors
Alberta, Canada
$23.1M +$183K +9,161 +0.9%

DNOW Hedge Fund Activity: Q3 2016 in Review

295 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q3 2016, worth a combined $2.41B — up 21% from $1.99B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new DNOW positions and 22 closed out — a net gain of 12 holders — while 82 added to existing stakes and 112 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $59.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $36.4M.

  • 295 institutional investors held DNOW Inc (DNOW) as of Q3 2016, up from 284 in Q2 2016.
  • Funds reported $2.41B of DNOW Inc stock for Q3 2016, up 21% quarter-over-quarter.
  • 34 funds opened new DNOW Inc positions in Q3 2016 and 22 closed out, a net change of +12 holders.
  • The largest DNOW Inc buyer in Q3 2016 was Wellington Management Group, an estimated $59.7M added.
  • The largest DNOW Inc seller in Q3 2016 was T. Rowe Price Associates, an estimated $36.4M sold.

Based on aggregated 13F filings for Q3 2016.