Dover
737 hedge funds and large institutions have $11.7B invested in Dover in 2020 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 215 increasing their positions, 285 reducing their positions, and 65 closing their positions.
40% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 65
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more capital invested
Capital invested by funds: $10.2B → $11.7B (+$1.47B)
3% more funds holding
Funds holding: 718 → 737 (+19)
0.56% less ownership
Funds ownership: 84.67% → 84.11% (-0.56%)
16% less call options, than puts
Call options by funds: $30.2M | Put options by funds: $36M
25% less repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 285
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$102M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$33.1M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$26M |
| 4 |
KBC Group
Brussels,
Belgium
|
+$25.3M |
| 5 |
Millennium Management
New York
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$101M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$90.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$56.2M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$28.4M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$26.2M |
DOV Hedge Fund Activity: Q2 2020 in Review
737 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q2 2020, worth a combined $11.7B — up 14% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new DOV positions and 65 closed out — a net gain of 26 holders — while 215 added to existing stakes and 285 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $102M. The largest seller was Adage Capital Partners, cutting an estimated $101M.
- 737 institutional investors held Dover (DOV) as of Q2 2020, up from 718 in Q1 2020.
- Funds reported $11.7B of Dover stock for Q2 2020, up 14% quarter-over-quarter.
- 91 funds opened new Dover positions in Q2 2020 and 65 closed out, a net change of +26 holders.
- The largest Dover buyer in Q2 2020 was JP Morgan Chase, an estimated $102M added.
- The largest Dover seller in Q2 2020 was Adage Capital Partners, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2020.