DNOW Inc
DNOW
296 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 21 closing their positions.
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+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 (+$427M)
4% more funds holding
Funds holding: 284 → 296 (+12)
3% more ownership
Funds ownership: 101.88% → 104.88% (+3%)
27% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$59.7M |
| 2 |
Goldman Sachs
New York
|
+$41M |
| 3 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
+$24M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$36.4M |
| 2 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$21.6M |
| 3 |
First Eagle Investment Management
New York
|
-$14.1M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$12.7M |
| 5 |
SCP
Sandhill Capital Partners
Buffalo,
New York
|
-$12.2M |
DNOW Hedge Fund Activity: Q3 2016 in Review
296 of the 3,759 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 21 closed out — a net gain of 13 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.
- 296 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 21 closed out, a net change of +13 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.