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657 hedge funds and large institutions have $11.9B invested in Dover in 2014 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 71 increasing their positions, 520 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more call options, than puts

Call options by funds: $33.2M | Put options by funds: $13.5M

3% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 63

1% less funds holding

Funds holding: 665657 (-8)

16% less capital invested

Capital invested by funds: $14.2B → $11.9B (-$2.32B)

23.05% less ownership

Funds ownership: 129.41%106.36% (-23%)

62% less funds holding in top 10

Funds holding in top 10: 2610 (-16)

86% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 520

Holders
657
Holders Change
-8
Holders Change %
-1.2%
% of All Funds
18.98%
Holding in Top 10
10
Holding in Top 10 Change
-16
Holding in Top 10 Change %
-61.54%
% of All Funds
0.29%
New
65
Increased
71
Reduced
520
Closed
63
Calls
$33.2M
Puts
$13.5M
Net Calls
+$19.7M
Net Calls Change
+$48.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
51
Goldman Sachs
New York
$48.9M -$16.8M -269,627 -27%
Fidelity Investments
52
Fidelity Investments
Massachusetts
$48M -$20.6M -330,903 -31%
JIC
53
Johnson Investment Counsel
Ohio
$43.7M -$5.3M -85,157 -11%
GA
54
Geneva Advisors
Illinois
$43.2M -$7.53M -121,090 -16%
Allianz Asset Management
55
Allianz Asset Management
Germany
$43.1M -$22.5M -361,593 -36%
TCIM
56
TIAA CREF Investment Management
New York
$42.8M -$33.7M -541,181 -45%
MAA
57
Managed Account Advisors
New Jersey
$40.8M -$9.66M -155,292 -20%
New York State Common Retirement Fund
58
New York State Common Retirement Fund
New York
$40.5M -$7.83M -125,870 -17%
PNC Financial Services Group
59
PNC Financial Services Group
Pennsylvania
$38.7M -$9.32M -149,848 -20%
RFS
60
Rockefeller Financial Services
New York
$37.1M -$6.75M -108,450 -16%
Dimensional Fund Advisors
61
Dimensional Fund Advisors
Texas
$36.8M -$6.05M -97,230 -15%
ECP
62
Empyrean Capital Partners
California
$36.2M +$34.1M +548,434 New
BG
63
Bahl & Gaynor
Ohio
$35M -$7.82M -125,691 -19%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$34.8M -$8.26M -132,785 -20%
Sumitomo Mitsui Trust Group
65
Sumitomo Mitsui Trust Group
Japan
$34.8M -$8.27M -132,899 -20%
Victory Capital Management
66
Victory Capital Management
Texas
$34.5M -$6.78M -108,968 -17%
Two Sigma Investments
67
Two Sigma Investments
New York
$32.4M +$30.5M +490,311 New
AQR Capital Management
68
AQR Capital Management
Connecticut
$32.2M +$12.6M +201,926 +71%
EVM
69
Eaton Vance Management
Massachusetts
$31.8M -$6.35M -102,119 -18%
HSBC Holdings
70
HSBC Holdings
United Kingdom
$30.8M +$18.2M +292,852 +168%
Charles Schwab
71
Charles Schwab
California
$30.7M -$4.98M -80,011 -15%
Luther King Capital Management (LKCM)
72
Luther King Capital Management (LKCM)
Texas
$30.3M +$24.3M +391,153 +580%
Mitsubishi UFJ Trust & Banking
73
Mitsubishi UFJ Trust & Banking
Japan
$29.8M -$5.6M -89,992 -17%
New York State Teachers Retirement System (NYSTRS)
74
New York State Teachers Retirement System (NYSTRS)
New York
$29M -$6.54M -105,095 -19%
CI
75
Cincinnati Insurance
Ohio
$28.9M -$5.58M -89,659 -17%

DOV Hedge Fund Activity: Q1 2014 in Review

657 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2014, worth a combined $11.9B — down 16% from $14.2B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new DOV positions and 63 closed out — a net gain of 2 holders — while 71 added to existing stakes and 520 trimmed.

The largest buyer was Gates Capital Management, opening a new position worth an estimated $157M. The largest seller was Vanguard Group, cutting an estimated $155M.

  • 657 institutional investors held Dover (DOV) as of Q1 2014, down from 665 in Q4 2013.
  • Funds reported $11.9B of Dover stock for Q1 2014, down 16% quarter-over-quarter.
  • 65 funds opened new Dover positions in Q1 2014 and 63 closed out, a net change of +2 holders.
  • The largest Dover buyer in Q1 2014 was Gates Capital Management, an estimated $157M added.
  • The largest Dover seller in Q1 2014 was Vanguard Group, an estimated $155M sold.

Based on aggregated 13F filings for Q1 2014.