DNOW Inc
DNOW
269 hedge funds and large institutions have $1.48B invested in DNOW Inc in 2024 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 93 increasing their positions, 79 reducing their positions, and 37 closing their positions.
173% more call options, than puts
Call options by funds: $881K | Put options by funds: $323K
22% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 37
18% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 79
3.87% more ownership
Funds ownership: 97.19% → 101.06% (+3.9%)
2% more funds holding
Funds holding: 264 → 269 (+5)
5% less capital invested
Capital invested by funds: $1.56B → $1.48B (-$81.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$41.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$13.1M |
| 3 |
BlackRock
New York
|
+$11.6M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$10.8M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$7.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$11M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.43M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.18M |
| 4 |
Morgan Stanley
New York
|
-$6M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$5.16M |
DNOW Hedge Fund Activity: Q2 2024 in Review
269 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in DNOW Inc (DNOW) for Q2 2024, worth a combined $1.48B — down 5.2% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new DNOW positions and 37 closed out — a net gain of 8 holders — while 93 added to existing stakes and 79 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $41.8M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $11M sold.
- 269 institutional investors held DNOW Inc (DNOW) as of Q2 2024, up from 264 in Q1 2024.
- Funds reported $1.48B of DNOW Inc stock for Q2 2024, down 5.2% quarter-over-quarter.
- 45 funds opened new DNOW Inc positions in Q2 2024 and 37 closed out, a net change of +8 holders.
- The largest DNOW Inc buyer in Q2 2024 was Pacer Advisors, an estimated $41.8M added.
- The largest DNOW Inc seller in Q2 2024 was Mirae Asset Global Investments, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2024.