Dover
673 hedge funds and large institutions have $13.8B invested in Dover in 2017 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 206 increasing their positions, 219 reducing their positions, and 50 closing their positions.
102% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 50
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
13% more capital invested
Capital invested by funds: $12.2B → $13.8B (+$1.58B)
7% more funds holding
Funds holding: 629 → 673 (+44)
2.28% more ownership
Funds ownership: 106.49% → 108.78% (+2.3%)
6% less repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 219
67% less call options, than puts
Call options by funds: $50.9M | Put options by funds: $154M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$341M |
| 2 |
JCI
Jet Capital Investors
New York
|
+$66.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$66.3M |
| 4 |
Goldman Sachs
New York
|
+$61.1M |
| 5 |
IIM
Ivory Investment Management
New York
|
+$48.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$97.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$81.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$48.6M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$30.1M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$27.5M |
DOV Hedge Fund Activity: Q4 2017 in Review
673 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q4 2017, worth a combined $13.8B — up 13% from $12.2B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new DOV positions and 50 closed out — a net gain of 51 holders — while 206 added to existing stakes and 219 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $341M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $97.8M sold.
- 673 institutional investors held Dover (DOV) as of Q4 2017, up from 629 in Q3 2017.
- Funds reported $13.8B of Dover stock for Q4 2017, up 13% quarter-over-quarter.
- 101 funds opened new Dover positions in Q4 2017 and 50 closed out, a net change of +51 holders.
- The largest Dover buyer in Q4 2017 was JP Morgan Chase, an estimated $341M added.
- The largest Dover seller in Q4 2017 was Adage Capital Partners, an estimated $97.8M sold.
Based on aggregated 13F filings for Q4 2017.