Dover
755 hedge funds and large institutions have $13B invested in Dover in 2020 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 243 increasing their positions, 273 reducing their positions, and 61 closing their positions.
39% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 61
11% more capital invested
Capital invested by funds: $11.7B → $13B (+$1.32B)
10% more call options, than puts
Call options by funds: $41.8M | Put options by funds: $37.9M
2% more funds holding
Funds holding: 737 → 755 (+18)
0.09% less ownership
Funds ownership: 84.11% → 84.02% (-0.09%)
11% less repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 273
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$69.3M |
| 2 |
Holocene Advisors
New York
|
+$59.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$41.9M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$38.8M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$34.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$162M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$69.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$46.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$32.5M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$20M |
DOV Hedge Fund Activity: Q3 2020 in Review
755 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q3 2020, worth a combined $13B — up 11% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new DOV positions and 61 closed out — a net gain of 24 holders — while 243 added to existing stakes and 273 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $69.3M. The largest seller was Citadel Advisors, cutting an estimated $162M.
- 755 institutional investors held Dover (DOV) as of Q3 2020, up from 737 in Q2 2020.
- Funds reported $13B of Dover stock for Q3 2020, up 11% quarter-over-quarter.
- 85 funds opened new Dover positions in Q3 2020 and 61 closed out, a net change of +24 holders.
- The largest Dover buyer in Q3 2020 was JP Morgan Chase, an estimated $69.3M added.
- The largest Dover seller in Q3 2020 was Citadel Advisors, an estimated $162M sold.
Based on aggregated 13F filings for Q3 2020.