DNOW Inc
DNOW
301 hedge funds and large institutions have $2.25B invested in DNOW Inc in 2016 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 88 increasing their positions, 108 reducing their positions, and 37 closing their positions.
221% more call options, than puts
Call options by funds: $3.9M | Put options by funds: $1.22M
24% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 37
2% more funds holding
Funds holding: 296 → 301 (+5)
2.58% less ownership
Funds ownership: 104.88% → 102.3% (-2.6%)
7% less capital invested
Capital invested by funds: $2.41B → $2.25B (-$161M)
19% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 108
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$44.4M |
| 2 |
Morgan Stanley
New York
|
+$17.8M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.2M |
| 5 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$39.1M |
| 2 |
Neuberger Berman Group
New York
|
-$36.4M |
| 3 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$20.4M |
| 4 |
Renaissance Technologies
New York
|
-$17.9M |
| 5 |
Goldman Sachs
New York
|
-$17.5M |
DNOW Hedge Fund Activity: Q4 2016 in Review
301 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2016, worth a combined $2.25B — down 6.7% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new DNOW positions and 37 closed out — a net gain of 9 holders — while 88 added to existing stakes and 108 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $44.4M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $39.1M sold.
- 301 institutional investors held DNOW Inc (DNOW) as of Q4 2016, up from 296 in Q3 2016.
- Funds reported $2.25B of DNOW Inc stock for Q4 2016, down 6.7% quarter-over-quarter.
- 46 funds opened new DNOW Inc positions in Q4 2016 and 37 closed out, a net change of +9 holders.
- The largest DNOW Inc buyer in Q4 2016 was Wellington Management Group, an estimated $44.4M added.
- The largest DNOW Inc seller in Q4 2016 was Berkshire Hathaway, an estimated $39.1M sold.
Based on aggregated 13F filings for Q4 2016.