Dover
1,113 hedge funds and large institutions have $23.9B invested in Dover in 2025 Q4 according to their latest regulatory filings, with 184 funds opening new positions, 332 increasing their positions, 373 reducing their positions, and 99 closing their positions.
86% more first-time investments, than exits
New positions opened: 184 | Existing positions closed: 99
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
22% more call options, than puts
Call options by funds: $85.9M | Put options by funds: $70.2M
22% more capital invested
Capital invested by funds: $19.6B → $23.9B (+$4.34B)
6% more funds holding
Funds holding: 1,054 → 1,113 (+59)
3.72% more ownership
Funds ownership: 85.72% → 89.44% (+3.7%)
11% less repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 373
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$333M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$294M |
| 3 |
Millennium Management
New York
|
+$145M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$141M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$154M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$109M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$98.7M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$88.7M |
| 5 |
JP Morgan Chase
New York
|
-$55.5M |
DOV Hedge Fund Activity: Q4 2025 in Review
1,113 of the 8,261 institutional investors tracked by Wall St. Rank reported a position in Dover (DOV) for Q4 2025, worth a combined $23.9B — up 22% from $19.6B a quarter earlier.
Buyers outnumbered sellers: 184 funds opened new DOV positions and 99 closed out — a net gain of 85 holders — while 332 added to existing stakes and 373 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $333M. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $154M.
- 1,113 institutional investors held Dover (DOV) as of Q4 2025, up from 1,054 in Q3 2025.
- Funds reported $23.9B of Dover stock for Q4 2025, up 22% quarter-over-quarter.
- 184 funds opened new Dover positions in Q4 2025 and 99 closed out, a net change of +85 holders.
- The largest Dover buyer in Q4 2025 was Bank of New York Mellon, an estimated $333M added.
- The largest Dover seller in Q4 2025 was Qube Research & Technologies (QRT), an estimated $154M sold.
Based on aggregated 13F filings for Q4 2025.