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1,300 hedge funds and large institutions have $28.1B invested in Dow Inc in 2019 Q4 according to their latest regulatory filings, with 205 funds opening new positions, 399 increasing their positions, 543 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 205 | Existing positions closed: 87

125% more funds holding in top 10

Funds holding in top 10: 49 (+5)

86% more call options, than puts

Call options by funds: $387M | Put options by funds: $208M

17% more capital invested

Capital invested by funds: $24B → $28.1B (+$4.17B)

8% more funds holding

Funds holding: 1,2031,300 (+97)

1.65% more ownership

Funds ownership: 67.74%69.39% (+1.7%)

27% less repeat investments, than reductions

Existing positions increased: 399 | Existing positions reduced: 543

Holders
1,300
Holders Change
+97
Holders Change %
+8.06%
% of All Funds
25.62%
Holding in Top 10
9
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+125%
% of All Funds
0.18%
New
205
Increased
399
Reduced
543
Closed
87
Calls
$387M
Puts
$208M
Net Calls
+$179M
Net Calls Change
+$86.5M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$200M -$21.2M -409,954 -10%
American Century Companies
27
American Century Companies
Missouri
$191M +$16.5M +319,221 +10%
Charles Schwab
28
Charles Schwab
California
$189M +$5.25M +101,634 +3%
Sumitomo Mitsui Trust Group
29
Sumitomo Mitsui Trust Group
Japan
$181M -$5.32M -102,920 -3%
Barclays
30
Barclays
United Kingdom
$181M +$48.9M +946,767 +40%
DZ Bank
31
DZ Bank
Germany
$179M +$170M +3,290,098 +61,960%
M&T Bank
32
M&T Bank
New York
$165M +$3.21M +62,209 +2%
EIP
33
Epoch Investment Partners
New York
$162M +$14.6M +282,809 +11%
Royal Bank of Canada
34
Royal Bank of Canada
Ontario, Canada
$150M -$13.6M -263,130 -9%
AAMU
35
Amundi Asset Management US
Massachusetts
$149M +$73.8M +1,428,853 +110%
UBS AM
36
UBS AM
Illinois
$142M -$1.78M -34,361 -1%
Primecap Management
37
Primecap Management
California
$136M -$33.5K -648 -0%
JP Morgan Chase
38
JP Morgan Chase
New York
$133M -$9.12M -176,486 -7%
Swiss National Bank
39
Swiss National Bank
Switzerland
$128M -$6.69M -129,500 -5%
PPA
40
Parametric Portfolio Associates
Washington
$122M +$16.3M +315,781 +16%
Lord, Abbett & Co
41
Lord, Abbett & Co
New Jersey
$102M -$8.7M -168,415 -8%
SCCM
42
Schafer Cullen Capital Management
New York
$102M +$10.8M +209,915 +13%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$97M +$13.1M +253,902 +17%
CIM
44
Confluence Investment Management
Missouri
$92.4M -$1.9M -36,741 -2%
Fidelity Investments
45
Fidelity Investments
Massachusetts
$89.9M -$5.08M -98,275 -6%
Bank of Montreal
46
Bank of Montreal
Ontario, Canada
$89.7M -$1.71M -33,152 -2%
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$84.5M -$3.52M -68,200 -4%
AllianceBernstein
48
AllianceBernstein
Tennessee
$84.2M -$3.17M -61,279 -4%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$82.1M -$4.51M -87,288 -5%
Allianz Asset Management
50
Allianz Asset Management
Germany
$80.4M -$6.91M -133,653 -8%

DOW Hedge Fund Activity: Q4 2019 in Review

1,300 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Dow Inc (DOW) for Q4 2019, worth a combined $28.1B — up 17% from $24B a quarter earlier.

Buyers outnumbered sellers: 205 funds opened new DOW positions and 87 closed out — a net gain of 118 holders — while 399 added to existing stakes and 543 trimmed.

The largest buyer was Nuveen, adding an estimated $215M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $261M.

  • 1,300 institutional investors held Dow Inc (DOW) as of Q4 2019, up from 1,203 in Q3 2019.
  • Funds reported $28.1B of Dow Inc stock for Q4 2019, up 17% quarter-over-quarter.
  • 205 funds opened new Dow Inc positions in Q4 2019 and 87 closed out, a net change of +118 holders.
  • The largest Dow Inc buyer in Q4 2019 was Nuveen, an estimated $215M added.
  • The largest Dow Inc seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $261M sold.

Based on aggregated 13F filings for Q4 2019.