Dover
814 hedge funds and large institutions have $16.7B invested in Dover in 2021 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 236 increasing their positions, 309 reducing their positions, and 70 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
26% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 70
6% more capital invested
Capital invested by funds: $15.7B → $16.7B (+$993M)
2% more funds holding
Funds holding: 800 → 814 (+14)
3% more call options, than puts
Call options by funds: $23.7M | Put options by funds: $22.9M
0.82% more ownership
Funds ownership: 83.78% → 84.6% (+0.82%)
24% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 309
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$203M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$77.6M |
| 3 |
JP Morgan Chase
New York
|
+$75.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$50.5M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$44.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$172M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$39.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$36.8M |
| 4 |
Morgan Stanley
New York
|
-$33.8M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$30.7M |
DOV Hedge Fund Activity: Q1 2021 in Review
814 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2021, worth a combined $16.7B — up 6.3% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new DOV positions and 70 closed out — a net gain of 18 holders — while 236 added to existing stakes and 309 trimmed.
The largest buyer was Fiduciary Management Inc, opening a new position worth an estimated $203M. The largest seller was Adage Capital Partners, cutting an estimated $172M.
- 814 institutional investors held Dover (DOV) as of Q1 2021, up from 800 in Q4 2020.
- Funds reported $16.7B of Dover stock for Q1 2021, up 6.3% quarter-over-quarter.
- 88 funds opened new Dover positions in Q1 2021 and 70 closed out, a net change of +18 holders.
- The largest Dover buyer in Q1 2021 was Fiduciary Management Inc, an estimated $203M added.
- The largest Dover seller in Q1 2021 was Adage Capital Partners, an estimated $172M sold.
Based on aggregated 13F filings for Q1 2021.