DNOW Inc
DNOW
226 hedge funds and large institutions have $1.22B invested in DNOW Inc in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 99 reducing their positions, and 41 closing their positions.
14% more capital invested
Capital invested by funds: $1.07B → $1.22B (+$150M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.18% less ownership
Funds ownership: 96.07% → 95.88% (-0.18%)
10% less funds holding
Funds holding: 251 → 226 (-25)
24% less call options, than puts
Call options by funds: $185K | Put options by funds: $243K
40% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 99
56% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$15M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$7.14M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.9M |
| 4 |
Cerity Partners
New York
|
+$5.89M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.94M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.89M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$4.15M |
| 4 |
JP Morgan Chase
New York
|
-$2.91M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.58M |
DNOW Hedge Fund Activity: Q3 2023 in Review
226 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q3 2023, worth a combined $1.22B — up 14% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of DNOW and 18 opened new positions — a net loss of 23 holders — while 99 trimmed existing stakes and 59 added.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $15M. The largest seller was BlackRock, cutting an estimated $5.94M.
- 226 institutional investors held DNOW Inc (DNOW) as of Q3 2023, down from 251 in Q2 2023.
- Funds reported $1.22B of DNOW Inc stock for Q3 2023, up 14% quarter-over-quarter.
- 18 funds opened new DNOW Inc positions in Q3 2023 and 41 closed out, a net change of -23 holders.
- The largest DNOW Inc buyer in Q3 2023 was Pacer Advisors, an estimated $15M added.
- The largest DNOW Inc seller in Q3 2023 was BlackRock, an estimated $5.94M sold.
Based on aggregated 13F filings for Q3 2023.