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DNOW Inc

276 hedge funds and large institutions have $1.44B invested in DNOW Inc in 2018 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 76 increasing their positions, 98 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more call options, than puts

Call options by funds: $399K | Put options by funds: $240K

0.93% more ownership

Funds ownership: 112.21%113.13% (+0.93%)

5% less funds holding

Funds holding: 290276 (-14)

22% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 98

23% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 53

28% less capital invested

Capital invested by funds: $2.01B → $1.44B (-$570M)

Holders
276
Holders Change
-14
Holders Change %
-4.83%
% of All Funds
6.15%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
41
Increased
76
Reduced
98
Closed
53
Calls
$399K
Puts
$240K
Net Calls
+$159K
Net Calls Change
-$122K
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$183M +$14.3M +1,021,596 +7%
BlackRock
2
BlackRock
New York
$142M +$5.01M +357,923 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$132M +$21.3M +1,522,060 +16%
ClearBridge Investments
4
ClearBridge Investments
New York
$106M -$6.26M -447,674 -5%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$101M +$13M +931,341 +12%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$97.1M +$11K +785 +0%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$72.3M +$3.71M +265,291 +4%
State Street
8
State Street
Massachusetts
$38.8M -$2.48M -177,146 -5%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$26.4M +$10.4M +746,961 +49%
Millennium Management
10
Millennium Management
New York
$24.5M +$16.2M +1,156,110 +121%
BCIM
11
Black Creek Investment Management
Ontario, Canada
$22.5M +$4.23M +302,559 +19%
Northern Trust
12
Northern Trust
Illinois
$19.1M -$195K -13,930 -0.8%
Mitsubishi UFJ Trust & Banking
13
Mitsubishi UFJ Trust & Banking
Japan
$18.3M -$1.75M -124,960 -7%
Charles Schwab
14
Charles Schwab
California
$17.5M -$1.71M -122,092 -8%
Deutsche Bank
15
Deutsche Bank
Germany
$17.5M -$2.75M -196,988 -12%
CAM
16
Close Asset Management
United Kingdom
$16.1M +$1.38M +98,443 +2,816%
JP Morgan Chase
17
JP Morgan Chase
New York
$16M +$9.85M +704,574 +105%
CSC
18
Cove Street Capital
California
$15.5M +$1.19M +85,400 +7%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$14M +$470K +33,640 +3%
Goldman Sachs
20
Goldman Sachs
New York
$13.9M +$4.67M +333,789 +39%
HAI
21
Hennessy Advisors Inc
California
$13.8M -$6.48M -463,200 -28%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$13.4M +$1.2M +85,787 +8%
Ameriprise
23
Ameriprise
Minnesota
$13.2M +$4.21M +300,923 +36%
Wells Fargo
24
Wells Fargo
California
$12.9M +$346K +24,714 +2%
SAM
25
Skyline Asset Management
Illinois
$12.3M -$750K -53,600 -5%

DNOW Hedge Fund Activity: Q4 2018 in Review

276 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2018, worth a combined $1.44B — down 28% from $2.01B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of DNOW and 41 opened new positions — a net loss of 12 holders — while 98 trimmed existing stakes and 76 added.

The largest buyer was Vanguard Group, adding an estimated $21.3M. The largest seller was Rice Hall James & Associates, exiting entirely with an estimated $18.7M sold.

  • 276 institutional investors held DNOW Inc (DNOW) as of Q4 2018, down from 290 in Q3 2018.
  • Funds reported $1.44B of DNOW Inc stock for Q4 2018, down 28% quarter-over-quarter.
  • 41 funds opened new DNOW Inc positions in Q4 2018 and 53 closed out, a net change of -12 holders.
  • The largest DNOW Inc buyer in Q4 2018 was Vanguard Group, an estimated $21.3M added.
  • The largest DNOW Inc seller in Q4 2018 was Rice Hall James & Associates, an estimated $18.7M sold.

Based on aggregated 13F filings for Q4 2018.