Dover
561 hedge funds and large institutions have $7.95B invested in Dover in 2015 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 176 increasing their positions, 233 reducing their positions, and 69 closing their positions.
2.58% more ownership
Funds ownership: 107.41% → 109.99% (+2.6%)
6% less funds holding
Funds holding: 596 → 561 (-35)
19% less capital invested
Capital invested by funds: $9.76B → $7.95B (-$1.81B)
20% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $12.9M
24% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 233
45% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 69
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$275M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$135M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$119M |
| 4 |
Pzena Investment Management
New York
|
+$89.3M |
| 5 |
Axa
Paris,
France
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$142M |
| 2 |
Bank of New York Mellon
New York
|
-$114M |
| 3 |
Goldman Sachs
New York
|
-$85.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$47.8M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$44.8M |
DOV Hedge Fund Activity: Q3 2015 in Review
561 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q3 2015, worth a combined $7.95B — down 19% from $9.76B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of DOV and 38 opened new positions — a net loss of 31 holders — while 233 trimmed existing stakes and 176 added.
The largest buyer was Bank of America, adding an estimated $275M. The largest seller was Diamond Hill Capital Management, cutting an estimated $142M.
- 561 institutional investors held Dover (DOV) as of Q3 2015, down from 596 in Q2 2015.
- Funds reported $7.95B of Dover stock for Q3 2015, down 19% quarter-over-quarter.
- 38 funds opened new Dover positions in Q3 2015 and 69 closed out, a net change of -31 holders.
- The largest Dover buyer in Q3 2015 was Bank of America, an estimated $275M added.
- The largest Dover seller in Q3 2015 was Diamond Hill Capital Management, an estimated $142M sold.
Based on aggregated 13F filings for Q3 2015.