Dover
610 hedge funds and large institutions have $10.7B invested in Dover in 2017 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 202 increasing their positions, 234 reducing their positions, and 56 closing their positions.
175% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $7.68M
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
8% more capital invested
Capital invested by funds: $9.95B → $10.7B (+$763M)
4% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 56
0.11% less ownership
Funds ownership: 106.28% → 106.17% (-0.11%)
1% less funds holding
Funds holding: 619 → 610 (-9)
14% less repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 234
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$739M |
| 2 |
IC
Inverness Counsel
New York
|
+$75.1M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$62.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$62.6M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
-$68.4M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$50.2M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$38.4M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$36.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$35.6M |
DOV Hedge Fund Activity: Q1 2017 in Review
610 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2017, worth a combined $10.7B — up 7.7% from $9.95B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new DOV positions and 56 closed out — a net gain of 2 holders — while 202 added to existing stakes and 234 trimmed.
The largest buyer was BlackRock, adding an estimated $739M. The largest seller was Suvretta Capital Management, exiting entirely with an estimated $68.4M sold.
- 610 institutional investors held Dover (DOV) as of Q1 2017, down from 619 in Q4 2016.
- Funds reported $10.7B of Dover stock for Q1 2017, up 7.7% quarter-over-quarter.
- 58 funds opened new Dover positions in Q1 2017 and 56 closed out, a net change of +2 holders.
- The largest Dover buyer in Q1 2017 was BlackRock, an estimated $739M added.
- The largest Dover seller in Q1 2017 was Suvretta Capital Management, an estimated $68.4M sold.
Based on aggregated 13F filings for Q1 2017.