Dover
728 hedge funds and large institutions have $12.6B invested in Dover in 2019 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 238 increasing their positions, 261 reducing their positions, and 55 closing their positions.
31% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 55
8% more capital invested
Capital invested by funds: $11.7B → $12.6B (+$940M)
1.13% more ownership
Funds ownership: 85.92% → 87.05% (+1.1%)
1% more funds holding
Funds holding: 723 → 728 (+5)
9% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 261
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
55% less call options, than puts
Call options by funds: $19.3M | Put options by funds: $42.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$190M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$126M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$53.6M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$42.7M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$79.5M |
| 2 |
Pzena Investment Management
New York
|
-$69.7M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$37.4M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$31.2M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$22.1M |
DOV Hedge Fund Activity: Q2 2019 in Review
728 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q2 2019, worth a combined $12.6B — up 8% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new DOV positions and 55 closed out — a net gain of 17 holders — while 238 added to existing stakes and 261 trimmed.
The largest buyer was Nuveen, adding an estimated $190M. The largest seller was State Street, cutting an estimated $79.5M.
- 728 institutional investors held Dover (DOV) as of Q2 2019, up from 723 in Q1 2019.
- Funds reported $12.6B of Dover stock for Q2 2019, up 8% quarter-over-quarter.
- 72 funds opened new Dover positions in Q2 2019 and 55 closed out, a net change of +17 holders.
- The largest Dover buyer in Q2 2019 was Nuveen, an estimated $190M added.
- The largest Dover seller in Q2 2019 was State Street, an estimated $79.5M sold.
Based on aggregated 13F filings for Q2 2019.