DNOW Inc
DNOW
280 hedge funds and large institutions have $1.65B invested in DNOW Inc in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 83 increasing their positions, 91 reducing their positions, and 25 closing their positions.
40% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 25
27% more capital invested
Capital invested by funds: $1.29B → $1.65B (+$355M)
4% more funds holding
Funds holding: 270 → 280 (+10)
9% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 91
2.8% less ownership
Funds ownership: 117.07% → 114.27% (-2.8%)
25% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $1.59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.2M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$15.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.8M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$11.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21.9M |
| 2 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
-$20.7M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$18.8M |
| 4 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$11.7M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$7.99M |
DNOW Hedge Fund Activity: Q2 2018 in Review
280 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2018, worth a combined $1.65B — up 27% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new DNOW positions and 25 closed out — a net gain of 10 holders — while 83 added to existing stakes and 91 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $15.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $21.9M sold.
- 280 institutional investors held DNOW Inc (DNOW) as of Q2 2018, up from 270 in Q1 2018.
- Funds reported $1.65B of DNOW Inc stock for Q2 2018, up 27% quarter-over-quarter.
- 35 funds opened new DNOW Inc positions in Q2 2018 and 25 closed out, a net change of +10 holders.
- The largest DNOW Inc buyer in Q2 2018 was Millennium Management, an estimated $15.2M added.
- The largest DNOW Inc seller in Q2 2018 was Adage Capital Partners, an estimated $21.9M sold.
Based on aggregated 13F filings for Q2 2018.