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DNOW Inc

234 hedge funds and large institutions have $781M invested in DNOW Inc in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 69 increasing their positions, 86 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.02% less ownership

Funds ownership: 93.36%92.34% (-1%)

4% less funds holding

Funds holding: 245234 (-11)

20% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 86

20% less capital invested

Capital invested by funds: $975M → $781M (-$194M)

28% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 29

96% less call options, than puts

Call options by funds: $419K | Put options by funds: $10.1M

Holders
234
Holders Change
-11
Holders Change %
-4.49%
% of All Funds
4.1%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
21
Increased
69
Reduced
86
Closed
29
Calls
$419K
Puts
$10.1M
Net Calls
-$9.73M
Net Calls Change
+$1.08M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$131M -$4.52M -553,130 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$89.6M +$1.06M +129,517 +1%
ClearBridge Investments
3
ClearBridge Investments
New York
$71.4M -$4.2M -513,989 -5%
Renaissance Technologies
4
Renaissance Technologies
New York
$40.7M -$520K -63,589 -1%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$39.8M -$4.46M -545,407 -9%
State Street
6
State Street
Massachusetts
$28.5M -$165K -20,205 -0.5%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$23.2M -$4.48M -547,904 -15%
JP Morgan Chase
8
JP Morgan Chase
New York
$21.6M +$1.94M +237,375 +9%
Barrow, Hanley, Mewhinney & Strauss
9
Barrow, Hanley, Mewhinney & Strauss
Texas
$17.8M -$217K -26,522 -1%
Charles Schwab
10
Charles Schwab
California
$16.1M +$1.55M +189,220 +10%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$15.5M -$1.27M -155,571 -7%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$15M -$200K -24,503 -1%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$13.4M -$1.1M -135,096 -7%
American Century Companies
14
American Century Companies
Missouri
$11.8M +$10.4M +1,275,797 +485%
Bank of America
15
Bank of America
North Carolina
$11.3M +$331K +40,496 +3%
Wells Fargo
16
Wells Fargo
California
$10.8M -$576K -70,518 -5%
Mirae Asset Global Investments
17
Mirae Asset Global Investments
South Korea
$10.6M +$1.77M +217,254 +18%
Jacobs Levy Equity Management
18
Jacobs Levy Equity Management
New Jersey
$10.5M -$615K -75,280 -5%
Norges Bank
19
Norges Bank
Norway
$9.57M -$22.5K -2,751 -0.2%
Northern Trust
20
Northern Trust
Illinois
$9.39M -$341K -41,692 -3%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$8.67M +$308K +37,731 +3%
N
22
Nuveen
North Carolina
$8.31M +$2.39M +292,185 +34%
Morgan Stanley
23
Morgan Stanley
New York
$7.44M +$387K +47,423 +5%
SDIC
24
South Dakota Investment Council
South Dakota
$6M +$2.61M +319,098 +69%
Invesco
25
Invesco
Georgia
$5.81M +$90.1K +11,024 +1%

DNOW Hedge Fund Activity: Q3 2021 in Review

234 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q3 2021, worth a combined $781M — down 20% from $975M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of DNOW and 21 opened new positions — a net loss of 8 holders — while 86 trimmed existing stakes and 69 added.

The largest buyer was American Century Companies, adding an estimated $10.4M. The largest seller was Arrowstreet Capital, cutting an estimated $8.57M.

  • 234 institutional investors held DNOW Inc (DNOW) as of Q3 2021, down from 245 in Q2 2021.
  • Funds reported $781M of DNOW Inc stock for Q3 2021, down 20% quarter-over-quarter.
  • 21 funds opened new DNOW Inc positions in Q3 2021 and 29 closed out, a net change of -8 holders.
  • The largest DNOW Inc buyer in Q3 2021 was American Century Companies, an estimated $10.4M added.
  • The largest DNOW Inc seller in Q3 2021 was Arrowstreet Capital, an estimated $8.57M sold.

Based on aggregated 13F filings for Q3 2021.