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DNOW Inc

279 hedge funds and large institutions have $1.33B invested in DNOW Inc in 2017 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 95 increasing their positions, 91 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 33

7.19% more ownership

Funds ownership: 104.86%112.05% (+7.2%)

5% more funds holding

Funds holding: 265279 (+14)

4% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 91

15% less capital invested

Capital invested by funds: $1.56B → $1.33B (-$227M)

89% less call options, than puts

Call options by funds: $186K | Put options by funds: $1.7M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
279
Holders Change
+14
Holders Change %
+5.28%
% of All Funds
6.33%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
48
Increased
95
Reduced
91
Closed
33
Calls
$186K
Puts
$1.7M
Net Calls
-$1.51M
Net Calls Change
-$1.26M
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$140M -$4.27M -373,799 -3%
BlackRock
2
BlackRock
New York
$124M +$675K +59,050 +0.5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$102M +$2.24M +195,782 +2%
ClearBridge Investments
4
ClearBridge Investments
New York
$91.3M +$5.19M +453,852 +6%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$86.8M +$1.05M +91,985 +1%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$61M +$20.9M +1,833,059 +50%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$53M +$148K +12,987 +0.3%
BCIM
8
Black Creek Investment Management
Ontario, Canada
$40.2M +$10.9M +955,000 +35%
State Street
9
State Street
Massachusetts
$40.2M +$575K +50,307 +1%
Ninety One (UK)
10
Ninety One (UK)
United Kingdom
$31.7M -$634K -55,490 -2%
GC
11
GMT Capital
Georgia
$28M +$26M +2,278,000 +871%
SCM
12
Shapiro Capital Management
Georgia
$24.3M +$15.4K +1,350 +0.1%
QI
13
QV Investors
Alberta, Canada
$23.7M -$319K -27,910 -1%
ECM
14
Ensemble Capital Management
California
$21.7M +$2.7M +235,900 +14%
CB
15
Cooke & Bieler
Pennsylvania
$20.7M +$19.5M +1,710,380 +1,008%
Norges Bank
16
Norges Bank
Norway
$17.7M
Northern Trust
17
Northern Trust
Illinois
$17.5M -$867K -75,881 -5%
SCM
18
Schneider Capital Management
Pennsylvania
$17.1M +$8.27M +724,012 +88%
Fidelity International
19
Fidelity International
Bermuda
$16.5M -$12.5M -1,095,746 -42%
Adage Capital Partners
20
Adage Capital Partners
Massachusetts
$16.4M +$9.75M +853,071 +135%
Goldman Sachs
21
Goldman Sachs
New York
$14.5M +$1.04M +90,639 +7%
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$14.4M +$14.9M +1,306,403 New
Charles Schwab
23
Charles Schwab
California
$14.1M +$1.73M +151,540 +13%
Mitsubishi UFJ Trust & Banking
24
Mitsubishi UFJ Trust & Banking
Japan
$14M +$12.3K +1,080 +0.1%
SAM
25
Skyline Asset Management
Illinois
$13.7M +$1.86M +162,800 +15%

DNOW Hedge Fund Activity: Q4 2017 in Review

279 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2017, worth a combined $1.33B — down 15% from $1.56B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new DNOW positions and 33 closed out — a net gain of 15 holders — while 95 added to existing stakes and 91 trimmed.

The largest buyer was GMT Capital, adding an estimated $26M. The largest seller was Fidelity International, cutting an estimated $12.5M.

  • 279 institutional investors held DNOW Inc (DNOW) as of Q4 2017, up from 265 in Q3 2017.
  • Funds reported $1.33B of DNOW Inc stock for Q4 2017, down 15% quarter-over-quarter.
  • 48 funds opened new DNOW Inc positions in Q4 2017 and 33 closed out, a net change of +15 holders.
  • The largest DNOW Inc buyer in Q4 2017 was GMT Capital, an estimated $26M added.
  • The largest DNOW Inc seller in Q4 2017 was Fidelity International, an estimated $12.5M sold.

Based on aggregated 13F filings for Q4 2017.