Dover
666 hedge funds and large institutions have $10.4B invested in Dover in 2014 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 230 increasing their positions, 245 reducing their positions, and 72 closing their positions.
15% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 72
3.36% more ownership
Funds ownership: 105.47% → 108.82% (+3.4%)
0% more funds holding
Funds holding: 665 → 666 (+1)
6% less repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 245
9% less capital invested
Capital invested by funds: $11.4B → $10.4B (-$984M)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
65% less call options, than puts
Call options by funds: $29.2M | Put options by funds: $84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$207M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$170M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$124M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$118M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$175M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$160M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$129M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$89.5M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$81.4M |
DOV Hedge Fund Activity: Q4 2014 in Review
666 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q4 2014, worth a combined $10.4B — down 8.6% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new DOV positions and 72 closed out — a net gain of 11 holders — while 230 added to existing stakes and 245 trimmed.
The largest buyer was Vulcan Value Partners, adding an estimated $207M. The largest seller was AllianceBernstein, cutting an estimated $175M.
- 666 institutional investors held Dover (DOV) as of Q4 2014, up from 665 in Q3 2014.
- Funds reported $10.4B of Dover stock for Q4 2014, down 8.6% quarter-over-quarter.
- 83 funds opened new Dover positions in Q4 2014 and 72 closed out, a net change of +11 holders.
- The largest Dover buyer in Q4 2014 was Vulcan Value Partners, an estimated $207M added.
- The largest Dover seller in Q4 2014 was AllianceBernstein, an estimated $175M sold.
Based on aggregated 13F filings for Q4 2014.