Dover
601 hedge funds and large institutions have $10.9B invested in Dover in 2017 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 212 increasing their positions, 206 reducing their positions, and 51 closing their positions.
1.91% more ownership
Funds ownership: 106.17% → 108.08% (+1.9%)
3% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 206
2% more capital invested
Capital invested by funds: $10.7B → $10.9B (+$188M)
10% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 51
1% less funds holding
Funds holding: 610 → 601 (-9)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
37% less call options, than puts
Call options by funds: $39.1M | Put options by funds: $62.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$147M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$82.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$73.4M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$67.1M |
| 5 |
Bank of New York Mellon
New York
|
+$43.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$61.5M |
| 2 |
IP
Interval Partners
New York
|
-$49.4M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$48.9M |
| 4 |
Millennium Management
New York
|
-$48.4M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$47.5M |
DOV Hedge Fund Activity: Q2 2017 in Review
601 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q2 2017, worth a combined $10.9B — up 1.8% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of DOV and 46 opened new positions — a net loss of 5 holders — while 206 trimmed existing stakes and 212 added.
The largest buyer was Adage Capital Partners, adding an estimated $147M. The largest seller was Bank of America, cutting an estimated $61.5M.
- 601 institutional investors held Dover (DOV) as of Q2 2017, down from 610 in Q1 2017.
- Funds reported $10.9B of Dover stock for Q2 2017, up 1.8% quarter-over-quarter.
- 46 funds opened new Dover positions in Q2 2017 and 51 closed out, a net change of -5 holders.
- The largest Dover buyer in Q2 2017 was Adage Capital Partners, an estimated $147M added.
- The largest Dover seller in Q2 2017 was Bank of America, an estimated $61.5M sold.
Based on aggregated 13F filings for Q2 2017.