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657 hedge funds and large institutions have $11.9B invested in Dover in 2014 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 71 increasing their positions, 520 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more call options, than puts

Call options by funds: $33.2M | Put options by funds: $13.5M

3% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 63

1% less funds holding

Funds holding: 665657 (-8)

16% less capital invested

Capital invested by funds: $14.2B → $11.9B (-$2.32B)

23.05% less ownership

Funds ownership: 129.41%106.36% (-23%)

62% less funds holding in top 10

Funds holding in top 10: 2610 (-16)

86% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 520

Holders
657
Holders Change
-8
Holders Change %
-1.2%
% of All Funds
18.98%
Holding in Top 10
10
Holding in Top 10 Change
-16
Holding in Top 10 Change %
-61.54%
% of All Funds
0.29%
New
65
Increased
71
Reduced
520
Closed
63
Calls
$33.2M
Puts
$13.5M
Net Calls
+$19.7M
Net Calls Change
+$48.9M
Name Holding Trade Value Shares
Change
Change in
Stake
FIM
76
Foresters Investment Management
New York
$28.7M -$7.82M -125,702 -22%
GC
77
Guggenheim Capital
Illinois
$28.5M -$25.4M -408,243 -49%
CS
78
Credit Suisse
Switzerland
$28.4M -$13.2M -211,720 -33%
AllianceBernstein
79
AllianceBernstein
Tennessee
$28.3M -$20.2M -325,393 -43%
WCM
80
Wedge Capital Management
North Carolina
$28M -$4.98M -80,055 -16%
BA
81
BlackRock Advisors
Delaware
$28M -$6.23M -100,061 -19%
Bank of Montreal
82
Bank of Montreal
Ontario, Canada
$27.8M -$73.9M -1,188,224 -74%
US Bancorp
83
US Bancorp
Minnesota
$27.3M -$7.17M -115,163 -22%
Susquehanna International Group
84
Susquehanna International Group
Pennsylvania
$26.5M -$6.02M -96,786 -19%
TRSOTSOK
85
Teachers Retirement System of the State of Kentucky
Kentucky
$26.3M -$8.33M -133,927 -25%
N
86
Nuveen
North Carolina
$26M -$4.6M -73,891 -16%
California State Teachers Retirement System (CalSTRS)
87
California State Teachers Retirement System (CalSTRS)
California
$25.4M -$4.79M -76,900 -17%
EA
88
Euclid Advisors
Connecticut
$24.8M +$1.34M +21,514 +6%
PPA
89
Parametric Portfolio Associates
Washington
$23.8M -$5.55M -89,262 -20%
Brown Advisory
90
Brown Advisory
Maryland
$23.1M -$4.66M -74,881 -18%
Morgan Stanley
91
Morgan Stanley
New York
$23.1M -$27M -433,622 -55%
Robeco Institutional Asset Management
92
Robeco Institutional Asset Management
Netherlands
$22.8M +$108K +1,738 +0.5%
PI
93
PGGM Investments
Netherlands
$22.5M -$21.9M -351,267 -51%
RCAMU
94
Rothschild & Co Asset Management US
Connecticut
$22.5M -$2.71M -43,557 -11%
State Board of Administration of Florida Retirement System
95
State Board of Administration of Florida Retirement System
Florida
$21.9M -$6.62M -106,380 -24%
T. Rowe Price Associates
96
T. Rowe Price Associates
Maryland
$21.8M -$3M -48,149 -13%
U
97
UBS
Switzerland
$21.7M -$4.24M -68,066 -17%
Prudential Financial
98
Prudential Financial
New Jersey
$21.3M -$20.7M -332,371 -51%
RhumbLine Advisers
99
RhumbLine Advisers
Massachusetts
$21.3M -$5.47M -87,830 -21%
CB
100
Commerce Bank
Missouri
$21.2M -$3.51M -56,331 -15%

DOV Hedge Fund Activity: Q1 2014 in Review

657 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2014, worth a combined $11.9B — down 16% from $14.2B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new DOV positions and 63 closed out — a net gain of 2 holders — while 71 added to existing stakes and 520 trimmed.

The largest buyer was Gates Capital Management, opening a new position worth an estimated $157M. The largest seller was Vanguard Group, cutting an estimated $155M.

  • 657 institutional investors held Dover (DOV) as of Q1 2014, down from 665 in Q4 2013.
  • Funds reported $11.9B of Dover stock for Q1 2014, down 16% quarter-over-quarter.
  • 65 funds opened new Dover positions in Q1 2014 and 63 closed out, a net change of +2 holders.
  • The largest Dover buyer in Q1 2014 was Gates Capital Management, an estimated $157M added.
  • The largest Dover seller in Q1 2014 was Vanguard Group, an estimated $155M sold.

Based on aggregated 13F filings for Q1 2014.