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DNOW Inc

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

0.18% less ownership

Funds ownership: 96.07%95.88% (-0.18%)

10% less funds holding

Funds holding: 251226 (-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

Holders
226
Holders Change
-25
Holders Change %
-9.96%
% of All Funds
3.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
59
Reduced
99
Closed
41
Calls
$185K
Puts
$243K
Net Calls
-$58K
Net Calls Change
-$61K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$201M -$5.94M -531,898 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$148M -$2.58M -231,270 -2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$70.4M -$1.11M -99,066 -2%
American Century Companies
4
American Century Companies
Missouri
$50.8M +$7.14M +639,219 +18%
State Street
5
State Street
Massachusetts
$48M -$821K -73,575 -2%
Renaissance Technologies
6
Renaissance Technologies
New York
$47.7M -$1.53M -136,700 -3%
N
7
Nuveen
North Carolina
$31.4M +$2.34M +209,336 +9%
Barrow, Hanley, Mewhinney & Strauss
8
Barrow, Hanley, Mewhinney & Strauss
Texas
$30M -$355K -31,801 -1%
JP Morgan Chase
9
JP Morgan Chase
New York
$29.2M -$2.91M -260,893 -10%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$27.8M -$1.89K -169 -0%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$25.8M +$465K +41,678 +2%
Charles Schwab
12
Charles Schwab
California
$23M +$116K +10,400 +0.5%
RA
13
Royce & Associates
New York
$21.4M -$1.63M -146,019 -7%
GACM
14
Global Alpha Capital Management
Quebec, Canada
$21.3M +$3.7M +331,500 +23%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$18.7M -$2.01M -179,796 -10%
Boston Partners
16
Boston Partners
Massachusetts
$18.1M -$554K -49,656 -3%
Pacer Advisors
17
Pacer Advisors
Pennsylvania
$15.9M +$15M +1,340,331 New
Jacobs Levy Equity Management
18
Jacobs Levy Equity Management
New Jersey
$15.3M -$122K -10,887 -0.8%
PCM
19
Penn Capital Management
Pennsylvania
$14.5M +$1.26M +112,752 +10%
Mirae Asset Global Investments
20
Mirae Asset Global Investments
South Korea
$14M +$1.1M +98,110 +9%
Northern Trust
21
Northern Trust
Illinois
$13.9M -$294K -26,354 -2%
Invesco
22
Invesco
Georgia
$13.4M -$802K -71,845 -6%
Ameriprise
23
Ameriprise
Minnesota
$11.4M -$345K -30,910 -3%
HA
24
Heartland Advisors
Wisconsin
$11.4M -$213K -19,089 -2%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$11M -$352K -31,556 -3%

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.