Dover
899 hedge funds and large institutions have $17.6B invested in Dover in 2023 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 258 increasing their positions, 331 reducing their positions, and 60 closing their positions.
40% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 60
29% more call options, than puts
Call options by funds: $20.7M | Put options by funds: $16.1M
2% more funds holding
Funds holding: 880 → 899 (+19)
0.14% less ownership
Funds ownership: 85.28% → 85.14% (-0.14%)
3% less capital invested
Capital invested by funds: $18.1B → $17.6B (-$507M)
22% less repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 331
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$152M |
| 2 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$101M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$78M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$60.6M |
| 5 |
Select Equity Group
New York
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$158M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$133M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$79M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$50.6M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
-$47M |
DOV Hedge Fund Activity: Q2 2023 in Review
899 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q2 2023, worth a combined $17.6B — down 2.8% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new DOV positions and 60 closed out — a net gain of 24 holders — while 258 added to existing stakes and 331 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $152M. The largest seller was T. Rowe Price Associates, cutting an estimated $158M.
- 899 institutional investors held Dover (DOV) as of Q2 2023, up from 880 in Q1 2023.
- Funds reported $17.6B of Dover stock for Q2 2023, down 2.8% quarter-over-quarter.
- 84 funds opened new Dover positions in Q2 2023 and 60 closed out, a net change of +24 holders.
- The largest Dover buyer in Q2 2023 was JP Morgan Chase, an estimated $152M added.
- The largest Dover seller in Q2 2023 was T. Rowe Price Associates, an estimated $158M sold.
Based on aggregated 13F filings for Q2 2023.