Dover
617 hedge funds and large institutions have $10.1B invested in Dover in 2015 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 204 increasing their positions, 261 reducing their positions, and 80 closing their positions.
40% more call options, than puts
Call options by funds: $35M | Put options by funds: $24.9M
4.56% more ownership
Funds ownership: 108.82% → 113.39% (+4.6%)
3% less capital invested
Capital invested by funds: $10.4B → $10.1B (-$268M)
7% less funds holding
Funds holding: 666 → 617 (-49)
22% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 261
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
50% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$336M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$170M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$126M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$73.1M |
| 5 |
State Street
Boston,
Massachusetts
|
+$69.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$156M |
| 2 |
GE
General Electric
Evendale,
Ohio
|
-$58.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$57.5M |
| 4 |
GCM
Gates Capital Management
New York
|
-$53.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$47.2M |
DOV Hedge Fund Activity: Q1 2015 in Review
617 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2015, worth a combined $10.1B — down 2.6% from $10.4B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of DOV and 40 opened new positions — a net loss of 40 holders — while 261 trimmed existing stakes and 204 added.
The largest buyer was Bank of America, adding an estimated $336M. The largest seller was Boston Partners, cutting an estimated $156M.
- 617 institutional investors held Dover (DOV) as of Q1 2015, down from 666 in Q4 2014.
- Funds reported $10.1B of Dover stock for Q1 2015, down 2.6% quarter-over-quarter.
- 40 funds opened new Dover positions in Q1 2015 and 80 closed out, a net change of -40 holders.
- The largest Dover buyer in Q1 2015 was Bank of America, an estimated $336M added.
- The largest Dover seller in Q1 2015 was Boston Partners, an estimated $156M sold.
Based on aggregated 13F filings for Q1 2015.