DNOW Inc
DNOW
236 hedge funds and large institutions have $871M invested in DNOW Inc in 2021 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 77 increasing their positions, 64 reducing their positions, and 48 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 64
11% more capital invested
Capital invested by funds: $781M → $871M (+$89.7M)
6% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 48
1% more funds holding
Funds holding: 234 → 236 (+2)
0.33% more ownership
Funds ownership: 92.34% → 92.66% (+0.33%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
84% less call options, than puts
Call options by funds: $202K | Put options by funds: $1.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$19.6M |
| 2 |
Millennium Management
New York
|
+$13.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.1M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$8.04M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$71.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$16M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$11.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$11.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.1M |
DNOW Hedge Fund Activity: Q4 2021 in Review
236 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q4 2021, worth a combined $871M — up 11% from $781M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new DNOW positions and 48 closed out — a net gain of 3 holders — while 77 added to existing stakes and 64 trimmed.
The largest buyer was American Century Companies, adding an estimated $19.6M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $71.4M sold.
- 236 institutional investors held DNOW Inc (DNOW) as of Q4 2021, up from 234 in Q3 2021.
- Funds reported $871M of DNOW Inc stock for Q4 2021, up 11% quarter-over-quarter.
- 51 funds opened new DNOW Inc positions in Q4 2021 and 48 closed out, a net change of +3 holders.
- The largest DNOW Inc buyer in Q4 2021 was American Century Companies, an estimated $19.6M added.
- The largest DNOW Inc seller in Q4 2021 was ClearBridge Investments, an estimated $71.4M sold.
Based on aggregated 13F filings for Q4 2021.