Dover
596 hedge funds and large institutions have $9.82B invested in Dover in 2016 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 188 increasing their positions, 231 reducing their positions, and 35 closing their positions.
34% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 35
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
16% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $17.8M
5% more capital invested
Capital invested by funds: $9.34B → $9.82B (+$472M)
1% more funds holding
Funds holding: 588 → 596 (+8)
0.7% less ownership
Funds ownership: 107.6% → 106.9% (-0.7%)
19% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 231
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$101M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$61.1M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$48.1M |
| 4 |
JP Morgan Chase
New York
|
+$47.1M |
| 5 |
State Street
Boston,
Massachusetts
|
+$41.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$90M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$75.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$57.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$55.5M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$51M |
DOV Hedge Fund Activity: Q3 2016 in Review
596 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q3 2016, worth a combined $9.82B — up 5.1% from $9.34B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new DOV positions and 35 closed out — a net gain of 12 holders — while 188 added to existing stakes and 231 trimmed.
The largest buyer was Bank of America, adding an estimated $101M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $90M sold.
- 596 institutional investors held Dover (DOV) as of Q3 2016, up from 588 in Q2 2016.
- Funds reported $9.82B of Dover stock for Q3 2016, up 5.1% quarter-over-quarter.
- 47 funds opened new Dover positions in Q3 2016 and 35 closed out, a net change of +12 holders.
- The largest Dover buyer in Q3 2016 was Bank of America, an estimated $101M added.
- The largest Dover seller in Q3 2016 was Vulcan Value Partners, an estimated $90M sold.
Based on aggregated 13F filings for Q3 2016.