Dover
839 hedge funds and large institutions have $16.7B invested in Dover in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 275 increasing their positions, 312 reducing their positions, and 97 closing their positions.
57% more call options, than puts
Call options by funds: $27.7M | Put options by funds: $17.6M
0.21% more ownership
Funds ownership: 85.14% → 85.35% (+0.21%)
5% less capital invested
Capital invested by funds: $17.6B → $16.7B (-$921M)
7% less funds holding
Funds holding: 899 → 839 (-60)
12% less repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 312
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
51% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$127M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$113M |
| 3 |
CAM
Close Asset Management
London,
United Kingdom
|
+$81.1M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$77.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$55.4M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$42.2M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$35.5M |
| 4 |
Millennium Management
New York
|
-$34M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$29.5M |
DOV Hedge Fund Activity: Q3 2023 in Review
839 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q3 2023, worth a combined $16.7B — down 5.2% from $17.6B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of DOV and 48 opened new positions — a net loss of 49 holders — while 312 trimmed existing stakes and 275 added.
The largest buyer was Adage Capital Partners, adding an estimated $127M. The largest seller was Select Equity Group, exiting entirely with an estimated $55.4M sold.
- 839 institutional investors held Dover (DOV) as of Q3 2023, down from 899 in Q2 2023.
- Funds reported $16.7B of Dover stock for Q3 2023, down 5.2% quarter-over-quarter.
- 48 funds opened new Dover positions in Q3 2023 and 97 closed out, a net change of -49 holders.
- The largest Dover buyer in Q3 2023 was Adage Capital Partners, an estimated $127M added.
- The largest Dover seller in Q3 2023 was Select Equity Group, an estimated $55.4M sold.
Based on aggregated 13F filings for Q3 2023.