Dover
560 hedge funds and large institutions have $7.91B invested in Dover in 2015 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 175 increasing their positions, 233 reducing their positions, and 69 closing their positions.
2.46% more ownership
Funds ownership: 107.11% → 109.57% (+2.5%)
6% less funds holding
Funds holding: 595 → 560 (-35)
19% less capital invested
Capital invested by funds: $9.72B → $7.91B (-$1.81B)
20% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $12.9M
25% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 233
45% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 69
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$275M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$135M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$119M |
| 4 |
Pzena Investment Management
New York
|
+$89.3M |
| 5 |
Axa
Paris,
France
|
+$57.9M |
Top Sellers
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$142M |
| 2 |
Bank of New York Mellon
New York
|
-$114M |
| 3 |
Goldman Sachs
New York
|
-$85.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$47.8M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$44.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
626
Formidable Asset Management
Cincinnati,
Ohio
| – | -$4K | -77 | Closed |
|
|
SFPIA
627
Stevens First Principles Investment Advisors
Newport Beach,
California
| – | -$3K | -56 | Closed |
|
|
OSAM
628
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2K | -38 | Closed |
|
629
AssetMark Inc
Concord,
California
| – | +$203 | +4 | New |
|
DOV Hedge Fund Activity: Q3 2015 in Review
560 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q3 2015, worth a combined $7.91B — down 19% from $9.72B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of DOV and 38 opened new positions — a net loss of 31 holders — while 233 trimmed existing stakes and 175 added.
The largest buyer was Bank of America, adding an estimated $275M. The largest seller was Diamond Hill Capital Management, cutting an estimated $142M.
- 560 institutional investors held Dover (DOV) as of Q3 2015, down from 595 in Q2 2015.
- Funds reported $7.91B of Dover stock for Q3 2015, down 19% quarter-over-quarter.
- 38 funds opened new Dover positions in Q3 2015 and 69 closed out, a net change of -31 holders.
- The largest Dover buyer in Q3 2015 was Bank of America, an estimated $275M added.
- The largest Dover seller in Q3 2015 was Diamond Hill Capital Management, an estimated $142M sold.
Based on aggregated 13F filings for Q3 2015.