Dover
659 hedge funds and large institutions have $11.9B invested in Dover in 2018 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 180 increasing their positions, 224 reducing their positions, and 58 closing their positions.
60% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 58
20% more capital invested
Capital invested by funds: $9.91B → $11.9B (+$1.96B)
4% more funds holding
Funds holding: 632 → 659 (+27)
3.3% more ownership
Funds ownership: 87.72% → 91.02% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
10% less call options, than puts
Call options by funds: $171M | Put options by funds: $190M
20% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 224
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$76.8M |
| 2 |
Goldman Sachs
New York
|
+$64.4M |
| 3 |
PIP
Permian Investment Partners
Dallas,
Texas
|
+$63.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$50.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$138M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$61.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$58.7M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$55.1M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$48M |
DOV Hedge Fund Activity: Q3 2018 in Review
659 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q3 2018, worth a combined $11.9B — up 20% from $9.91B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new DOV positions and 58 closed out — a net gain of 35 holders — while 180 added to existing stakes and 224 trimmed.
The largest buyer was State Street, adding an estimated $76.8M. The largest seller was Gates Capital Management, cutting an estimated $138M.
- 659 institutional investors held Dover (DOV) as of Q3 2018, up from 632 in Q2 2018.
- Funds reported $11.9B of Dover stock for Q3 2018, up 20% quarter-over-quarter.
- 93 funds opened new Dover positions in Q3 2018 and 58 closed out, a net change of +35 holders.
- The largest Dover buyer in Q3 2018 was State Street, an estimated $76.8M added.
- The largest Dover seller in Q3 2018 was Gates Capital Management, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2018.