DNOW Inc
DNOW
231 hedge funds and large institutions have $1.05B invested in DNOW Inc in 2021 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 57 increasing their positions, 84 reducing their positions, and 33 closing their positions.
41% more capital invested
Capital invested by funds: $744M → $1.05B (+$303M)
6% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.06% less ownership
Funds ownership: 94.55% → 94.49% (-0.06%)
1% less funds holding
Funds holding: 233 → 231 (-2)
30% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $1.71M
32% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$24.7M |
| 2 |
ClearBridge Investments
New York
|
+$13.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.4M |
| 4 |
BlackRock
New York
|
+$8.19M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$8.81M |
| 2 |
SAM
Scion Asset Management
Saratoga,
California
|
-$7.82M |
| 3 |
Renaissance Technologies
New York
|
-$6.77M |
| 4 |
Morgan Stanley
New York
|
-$6.61M |
| 5 |
Two Sigma Advisers
New York
|
-$4.37M |
DNOW Hedge Fund Activity: Q1 2021 in Review
231 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2021, worth a combined $1.05B — up 41% from $744M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new DNOW positions and 33 closed out — a net gain of 2 holders — while 57 added to existing stakes and 84 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, opening a new position worth an estimated $24.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $8.81M.
- 231 institutional investors held DNOW Inc (DNOW) as of Q1 2021, down from 233 in Q4 2020.
- Funds reported $1.05B of DNOW Inc stock for Q1 2021, up 41% quarter-over-quarter.
- 35 funds opened new DNOW Inc positions in Q1 2021 and 33 closed out, a net change of +2 holders.
- The largest DNOW Inc buyer in Q1 2021 was Barrow, Hanley, Mewhinney & Strauss, an estimated $24.7M added.
- The largest DNOW Inc seller in Q1 2021 was D.E. Shaw & Co, an estimated $8.81M sold.
Based on aggregated 13F filings for Q1 2021.