DNOW Inc
DNOW
242 hedge funds and large institutions have $462M invested in DNOW Inc in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 71 increasing their positions, 73 reducing their positions, and 28 closing their positions.
61% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 28
7% more funds holding
Funds holding: 227 → 242 (+15)
3% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 73
5.52% less ownership
Funds ownership: 98.69% → 93.17% (-5.5%)
50% less capital invested
Capital invested by funds: $930M → $462M (-$469M)
59% less call options, than puts
Call options by funds: $90K | Put options by funds: $218K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$14M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.87M |
| 3 |
D.E. Shaw & Co
New York
|
+$7.08M |
| 4 |
CCM
CAAS Capital Management
New York
|
+$6.88M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$78.3M |
| 2 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$13.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$12.4M |
| 4 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$8.07M |
| 5 |
BlackRock
New York
|
-$5.21M |
DNOW Hedge Fund Activity: Q3 2020 in Review
242 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q3 2020, worth a combined $462M — down 50% from $930M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new DNOW positions and 28 closed out — a net gain of 17 holders — while 71 added to existing stakes and 73 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $14M. The largest seller was Baillie Gifford & Co, cutting an estimated $78.3M.
- 242 institutional investors held DNOW Inc (DNOW) as of Q3 2020, up from 227 in Q2 2020.
- Funds reported $462M of DNOW Inc stock for Q3 2020, down 50% quarter-over-quarter.
- 45 funds opened new DNOW Inc positions in Q3 2020 and 28 closed out, a net change of +17 holders.
- The largest DNOW Inc buyer in Q3 2020 was Renaissance Technologies, an estimated $14M added.
- The largest DNOW Inc seller in Q3 2020 was Baillie Gifford & Co, an estimated $78.3M sold.
Based on aggregated 13F filings for Q3 2020.