Dover
588 hedge funds and large institutions have $9.34B invested in Dover in 2016 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 180 increasing their positions, 218 reducing their positions, and 43 closing their positions.
51% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 43
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
7% more capital invested
Capital invested by funds: $8.74B → $9.34B (+$606M)
3% more funds holding
Funds holding: 573 → 588 (+15)
0.85% less ownership
Funds ownership: 108.45% → 107.6% (-0.85%)
1% less call options, than puts
Call options by funds: $42.4M | Put options by funds: $43.1M
17% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 218
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$69.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$54.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$44.9M |
| 4 |
Bank of New York Mellon
New York
|
+$38.7M |
| 5 |
Millennium Management
New York
|
+$36.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$218M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$64.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$43.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$30.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$29M |
DOV Hedge Fund Activity: Q2 2016 in Review
588 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q2 2016, worth a combined $9.34B — up 6.9% from $8.74B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new DOV positions and 43 closed out — a net gain of 22 holders — while 180 added to existing stakes and 218 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $69.4M. The largest seller was Vulcan Value Partners, cutting an estimated $218M.
- 588 institutional investors held Dover (DOV) as of Q2 2016, up from 573 in Q1 2016.
- Funds reported $9.34B of Dover stock for Q2 2016, up 6.9% quarter-over-quarter.
- 65 funds opened new Dover positions in Q2 2016 and 43 closed out, a net change of +22 holders.
- The largest Dover buyer in Q2 2016 was Citadel Advisors, an estimated $69.4M added.
- The largest Dover seller in Q2 2016 was Vulcan Value Partners, an estimated $218M sold.
Based on aggregated 13F filings for Q2 2016.