Dover
665 hedge funds and large institutions have $14.2B invested in Dover in 2013 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 230 increasing their positions, 239 reducing their positions, and 27 closing their positions.
144% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 27
7% more capital invested
Capital invested by funds: $13.3B → $14.2B (+$921M)
6% more funds holding
Funds holding: 630 → 665 (+35)
4% more funds holding in top 10
Funds holding in top 10: 25 → 26 (+1)
0.58% less ownership
Funds ownership: 129.99% → 129.41% (-0.58%)
4% less repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 239
51% less call options, than puts
Call options by funds: $28.6M | Put options by funds: $57.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$68.3M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$61.2M |
| 3 |
Axa
Paris,
France
|
+$55.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$52M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$42.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$173M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$63.5M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$60.2M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$59.4M |
| 5 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$42M |
DOV Hedge Fund Activity: Q4 2013 in Review
665 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q4 2013, worth a combined $14.2B — up 6.9% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new DOV positions and 27 closed out — a net gain of 39 holders — while 230 added to existing stakes and 239 trimmed.
The largest buyer was American Century Companies, adding an estimated $68.3M. The largest seller was Capital Research Global Investors, cutting an estimated $173M.
- 665 institutional investors held Dover (DOV) as of Q4 2013, up from 630 in Q3 2013.
- Funds reported $14.2B of Dover stock for Q4 2013, up 6.9% quarter-over-quarter.
- 66 funds opened new Dover positions in Q4 2013 and 27 closed out, a net change of +39 holders.
- The largest Dover buyer in Q4 2013 was American Century Companies, an estimated $68.3M added.
- The largest Dover seller in Q4 2013 was Capital Research Global Investors, an estimated $173M sold.
Based on aggregated 13F filings for Q4 2013.