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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
CCM
76
Cullen Capital Management
New York
$40.2M +$6.46M +125,035 +20%
EVM
77
Eaton Vance Management
Massachusetts
$40M -$6.95M -134,429 -16%
SO
78
STRS Ohio
Ohio
$39.4M -$1.47M -28,488 -4%
Manulife (Manufacturers Life Insurance)
79
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$39.2M -$1,000K -19,346 -3%
MSV
80
MN Services Vermogensbeheer
Netherlands
$38.1M +$801K +15,500 +2%
Citigroup
81
Citigroup
New York
$38.1M +$2.94M +56,938 +9%
ORIO
82
Old Republic International (ORI)
Illinois
$37.5M +$35.4M +686,000 New
APG Asset Management
83
APG Asset Management
Netherlands
$37M -$3.88M -75,003 -9%
BNP Paribas Financial Markets
84
BNP Paribas Financial Markets
France
$36.8M -$55.4M -1,073,100 -61%
Toronto Dominion Bank
85
Toronto Dominion Bank
Ontario, Canada
$36.5M +$8.51M +164,641 +33%
Chevy Chase Trust
86
Chevy Chase Trust
Maryland
$34.5M -$59.9K -1,159 -0.2%
KBC Group
87
KBC Group
Belgium
$34.3M +$23.8M +461,240 +278%
Korea Investment Corp
88
Korea Investment Corp
South Korea
$33.8M +$3.08M +59,700 +11%
Mitsubishi UFJ Trust & Banking
89
Mitsubishi UFJ Trust & Banking
Japan
$33.8M +$1.71M +33,085 +6%
Janney Montgomery Scott
90
Janney Montgomery Scott
Pennsylvania
$33.6M +$1.03M +20,030 +3%
Artisan Partners
91
Artisan Partners
Wisconsin
$32.9M +$2.14M +41,425 +7%
US Bancorp
92
US Bancorp
Minnesota
$31.9M -$540K -10,449 -2%
Aberdeen Group
93
Aberdeen Group
United Kingdom
$31.8M -$667K -12,906 -2%
Baird Financial Group
94
Baird Financial Group
Wisconsin
$30.5M -$6.45M -124,883 -18%
WG
95
Winton Group
United Kingdom
$30.3M +$7.07M +136,768 +33%
GT
96
Glenmede Trust
Pennsylvania
$29.7M -$297K -5,740 -1%
State of New Jersey Common Pension Fund D
97
State of New Jersey Common Pension Fund D
New Jersey
$29.7M -$2.3M -44,483 -8%
TD Asset Management
98
TD Asset Management
Ontario, Canada
$29.4M -$382K -7,400 -1%
H
99
Hexavest
Quebec, Canada
$28.3M +$2M +38,774 +8%
DIP
100
DT Investment Partners
Pennsylvania
$28.1M +$26.5M +512,993 New

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.