Dover
718 hedge funds and large institutions have $10.2B invested in Dover in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 199 increasing their positions, 305 reducing their positions, and 116 closing their positions.
15% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $17.5M
1.92% less ownership
Funds ownership: 86.59% → 84.67% (-1.9%)
7% less funds holding
Funds holding: 771 → 718 (-53)
29% less capital invested
Capital invested by funds: $14.5B → $10.2B (-$4.25B)
35% less repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 305
40% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 116
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$102M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$86.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$56.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$46.1M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$192M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$176M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$65.3M |
| 4 |
BlackRock
New York
|
-$63.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWM
826
Lionsbridge Wealth Management
Jacksonville Beach,
Florida
| – | -$2K | -22 | Closed |
|
|
SAM
827
S.A. Mason
Holland,
Michigan
| – | -$2K | -20 | Closed |
|
|
WCM
828
Wealthcare Capital Management
Richmond,
Virginia
| – | -$2K | -19 | Closed |
|
|
CBT
829
Capital Bank & Trust
Irvine,
California
| – | -$2K | -15 | Closed |
|
830
Fidelity International
Hamilton,
Bermuda
| – | -$1.27K | -12 | -71% |
|
|
APC
831
Aspire Private Capital
Cornelius,
North Carolina
| – | -$742 | -7 | -64% |
|
|
AWM
832
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$1K | -5 | Closed |
|
|
FPFS
833
First Personal Financial Services
Charlotte,
North Carolina
| – | -$1K | -5 | Closed |
|
|
VCM
834
Versant Capital Management
Phoenix,
Arizona
| – | +$318 | +3 | +100% |
|
DOV Hedge Fund Activity: Q1 2020 in Review
718 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2020, worth a combined $10.2B — down 29% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of DOV and 70 opened new positions — a net loss of 46 holders — while 305 trimmed existing stakes and 199 added.
The largest buyer was Citadel Advisors, adding an estimated $102M. The largest seller was Wellington Management Group, cutting an estimated $192M.
- 718 institutional investors held Dover (DOV) as of Q1 2020, down from 771 in Q4 2019.
- Funds reported $10.2B of Dover stock for Q1 2020, down 29% quarter-over-quarter.
- 70 funds opened new Dover positions in Q1 2020 and 116 closed out, a net change of -46 holders.
- The largest Dover buyer in Q1 2020 was Citadel Advisors, an estimated $102M added.
- The largest Dover seller in Q1 2020 was Wellington Management Group, an estimated $192M sold.
Based on aggregated 13F filings for Q1 2020.