Dover
573 hedge funds and large institutions have $8.74B invested in Dover in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 181 increasing their positions, 235 reducing their positions, and 41 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
24% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 41
2% more capital invested
Capital invested by funds: $8.55B → $8.74B (+$189M)
1% more funds holding
Funds holding: 569 → 573 (+4)
2.95% less ownership
Funds ownership: 111.39% → 108.45% (-2.9%)
23% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 235
39% less call options, than puts
Call options by funds: $22.3M | Put options by funds: $36.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$90.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$56.7M |
| 3 |
Pzena Investment Management
New York
|
+$27.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$103M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$49.2M |
| 3 |
JP Morgan Chase
New York
|
-$37.3M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$35.6M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$33.1M |
DOV Hedge Fund Activity: Q1 2016 in Review
573 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q1 2016, worth a combined $8.74B — up 2.2% from $8.55B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new DOV positions and 41 closed out — a net gain of 10 holders — while 181 added to existing stakes and 235 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $90.6M. The largest seller was Janus Henderson Investors US, cutting an estimated $103M.
- 573 institutional investors held Dover (DOV) as of Q1 2016, up from 569 in Q4 2015.
- Funds reported $8.74B of Dover stock for Q1 2016, up 2.2% quarter-over-quarter.
- 51 funds opened new Dover positions in Q1 2016 and 41 closed out, a net change of +10 holders.
- The largest Dover buyer in Q1 2016 was Bank of Montreal, an estimated $90.6M added.
- The largest Dover seller in Q1 2016 was Janus Henderson Investors US, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2016.