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1,203 hedge funds and large institutions have $24B invested in Dow Inc in 2019 Q3 according to their latest regulatory filings, with 98 funds opening new positions, 405 increasing their positions, 547 reducing their positions, and 148 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more call options, than puts

Call options by funds: $256M | Put options by funds: $163M

0.39% less ownership

Funds ownership: 68.12%67.74% (-0.39%)

4% less capital invested

Capital invested by funds: $25.1B → $24B (-$1.13B)

5% less funds holding

Funds holding: 1,2621,203 (-59)

26% less repeat investments, than reductions

Existing positions increased: 405 | Existing positions reduced: 547

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

34% less first-time investments, than exits

New positions opened: 98 | Existing positions closed: 148

Holders
1,203
Holders Change
-59
Holders Change %
-4.68%
% of All Funds
26.38%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.09%
New
98
Increased
405
Reduced
547
Closed
148
Calls
$256M
Puts
$163M
Net Calls
+$93M
Net Calls Change
+$17M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.85B -$61.2M -1,306,652 -2%
BlackRock
2
BlackRock
New York
$2.23B -$195M -4,156,916 -8%
State Street
3
State Street
Massachusetts
$1.72B +$36.6M +781,380 +2%
Capital International Investors
4
Capital International Investors
California
$1.61B +$347M +7,413,821 +28%
Capital World Investors
5
Capital World Investors
California
$1.52B +$136M +2,911,026 +10%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$519M -$169M -3,603,009 -25%
Capital Research Global Investors
7
Capital Research Global Investors
California
$488M +$375M +8,016,706 +359%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$477M -$41.7M -890,558 -8%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$468M +$7.59M +162,202 +2%
Morgan Stanley
10
Morgan Stanley
New York
$448M -$4.17M -89,101 -0.9%
Northern Trust
11
Northern Trust
Illinois
$429M +$12.1M +259,362 +3%
Bank of America
12
Bank of America
North Carolina
$397M -$110M -2,354,576 -22%
Norges Bank
13
Norges Bank
Norway
$354M +$6.77M +144,593 +2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$349M -$54.5M -1,163,392 -14%
AIG
15
American International Group
New York
$324M -$3.85M -82,194 -1%
Invesco
16
Invesco
Georgia
$313M +$54.3M +1,160,002 +21%
Ameriprise
17
Ameriprise
Minnesota
$294M +$3.67M +78,458 +1%
Wells Fargo
18
Wells Fargo
California
$259M +$15.9M +339,715 +7%
Barrow, Hanley, Mewhinney & Strauss
19
Barrow, Hanley, Mewhinney & Strauss
Texas
$242M -$45.3M -966,737 -16%
Legal & General Group
20
Legal & General Group
United Kingdom
$237M +$31.9M +681,333 +16%
State Farm Mutual Automobile Insurance
21
State Farm Mutual Automobile Insurance
Illinois
$236M +$4.76M +101,580 +2%
Goldman Sachs
22
Goldman Sachs
New York
$210M +$36.8M +785,598 +22%
UBS Group
23
UBS Group
Switzerland
$194M -$19.1M -408,273 -9%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$194M +$24M +513,227 +14%
Deutsche Bank
25
Deutsche Bank
Germany
$190M -$27.3M -583,579 -13%

DOW Hedge Fund Activity: Q3 2019 in Review

1,203 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Dow Inc (DOW) for Q3 2019, worth a combined $24B — down 4.5% from $25.1B a quarter earlier.

Sellers outnumbered buyers: 148 funds closed out of DOW and 98 opened new positions — a net loss of 50 holders — while 547 trimmed existing stakes and 405 added.

The largest buyer was Capital Research Global Investors, adding an estimated $375M. The largest seller was BlackRock, cutting an estimated $195M.

  • 1,203 institutional investors held Dow Inc (DOW) as of Q3 2019, down from 1,262 in Q2 2019.
  • Funds reported $24B of Dow Inc stock for Q3 2019, down 4.5% quarter-over-quarter.
  • 98 funds opened new Dow Inc positions in Q3 2019 and 148 closed out, a net change of -50 holders.
  • The largest Dow Inc buyer in Q3 2019 was Capital Research Global Investors, an estimated $375M added.
  • The largest Dow Inc seller in Q3 2019 was BlackRock, an estimated $195M sold.

Based on aggregated 13F filings for Q3 2019.