DNOW Inc
DNOW
238 hedge funds and large institutions have $1.16B invested in DNOW Inc in 2022 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 71 reducing their positions, and 24 closing their positions.
33% more capital invested
Capital invested by funds: $871M → $1.16B (+$287M)
17% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 71
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
2.58% more ownership
Funds ownership: 92.66% → 95.24% (+2.6%)
1% more funds holding
Funds holding: 236 → 238 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
58% less call options, than puts
Call options by funds: $637K | Put options by funds: $1.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$10.9M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$8.58M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$7.53M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$6.28M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$5.28M |
| 2 |
Millennium Management
New York
|
-$5.26M |
| 3 |
Two Sigma Advisers
New York
|
-$4.03M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.92M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.38M |
DNOW Hedge Fund Activity: Q1 2022 in Review
238 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q1 2022, worth a combined $1.16B — up 33% from $871M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DNOW positions and 24 closed out — a net gain of 4 holders — while 83 added to existing stakes and 71 trimmed.
The largest buyer was Penn Capital Management, adding an estimated $10.9M. The largest seller was Two Sigma Investments, cutting an estimated $5.28M.
- 238 institutional investors held DNOW Inc (DNOW) as of Q1 2022, up from 236 in Q4 2021.
- Funds reported $1.16B of DNOW Inc stock for Q1 2022, up 33% quarter-over-quarter.
- 28 funds opened new DNOW Inc positions in Q1 2022 and 24 closed out, a net change of +4 holders.
- The largest DNOW Inc buyer in Q1 2022 was Penn Capital Management, an estimated $10.9M added.
- The largest DNOW Inc seller in Q1 2022 was Two Sigma Investments, an estimated $5.28M sold.
Based on aggregated 13F filings for Q1 2022.