Dover
880 hedge funds and large institutions have $18.1B invested in Dover in 2023 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 275 increasing their positions, 297 reducing their positions, and 62 closing their positions.
52% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 62
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
13% more capital invested
Capital invested by funds: $16.1B → $18.1B (+$2.02B)
2% more funds holding
Funds holding: 866 → 880 (+14)
0.34% less ownership
Funds ownership: 85.62% → 85.28% (-0.34%)
6% less call options, than puts
Call options by funds: $32.2M | Put options by funds: $34.4M
7% less repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 297
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$181M |
| 2 |
JP Morgan Chase
New York
|
+$167M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$40.3M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$37.7M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$199M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$84.5M |
| 3 |
Millennium Management
New York
|
-$72.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$49.2M |
| 5 |
State Street
Boston,
Massachusetts
|
-$48.1M |
DOV Hedge Fund Activity: Q1 2023 in Review
880 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2023, worth a combined $18.1B — up 13% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new DOV positions and 62 closed out — a net gain of 32 holders — while 275 added to existing stakes and 297 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $181M. The largest seller was AllianceBernstein, cutting an estimated $199M.
- 880 institutional investors held Dover (DOV) as of Q1 2023, up from 866 in Q4 2022.
- Funds reported $18.1B of Dover stock for Q1 2023, up 13% quarter-over-quarter.
- 94 funds opened new Dover positions in Q1 2023 and 62 closed out, a net change of +32 holders.
- The largest Dover buyer in Q1 2023 was Adage Capital Partners, an estimated $181M added.
- The largest Dover seller in Q1 2023 was AllianceBernstein, an estimated $199M sold.
Based on aggregated 13F filings for Q1 2023.