Dover
628 hedge funds and large institutions have $12.2B invested in Dover in 2017 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 197 increasing their positions, 230 reducing their positions, and 39 closing their positions.
87% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 39
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
12% more capital invested
Capital invested by funds: $10.9B → $12.2B (+$1.29B)
4% more funds holding
Funds holding: 601 → 628 (+27)
1.99% less ownership
Funds ownership: 108.08% → 106.09% (-2%)
14% less repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 230
31% less call options, than puts
Call options by funds: $31.9M | Put options by funds: $46M
Top Buyers
| 1 |
TP
Third Point
New York
|
+$142M |
| 2 |
Barclays
London,
United Kingdom
|
+$112M |
| 3 |
Millennium Management
New York
|
+$84.8M |
| 4 |
JP Morgan Chase
New York
|
+$72.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$34.7M |
Top Sellers
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$133M |
| 2 |
IC
Inverness Counsel
New York
|
-$82.4M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$73.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$61.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$49.3M |
DOV Hedge Fund Activity: Q3 2017 in Review
628 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q3 2017, worth a combined $12.2B — up 12% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new DOV positions and 39 closed out — a net gain of 34 holders — while 197 added to existing stakes and 230 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $142M. The largest seller was Adage Capital Partners, cutting an estimated $133M.
- 628 institutional investors held Dover (DOV) as of Q3 2017, up from 601 in Q2 2017.
- Funds reported $12.2B of Dover stock for Q3 2017, up 12% quarter-over-quarter.
- 73 funds opened new Dover positions in Q3 2017 and 39 closed out, a net change of +34 holders.
- The largest Dover buyer in Q3 2017 was Third Point, an estimated $142M added.
- The largest Dover seller in Q3 2017 was Adage Capital Partners, an estimated $133M sold.
Based on aggregated 13F filings for Q3 2017.