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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.31B +$35.9M +693,952 +1%
BlackRock
2
BlackRock
New York
$2.55B -$13.1M -254,358 -0.5%
Capital International Investors
3
Capital International Investors
California
$2.04B +$183M +3,540,564 +10%
State Street
4
State Street
Massachusetts
$1.99B +$9.79M +189,392 +0.5%
Capital World Investors
5
Capital World Investors
California
$1.82B +$66.4M +1,285,148 +4%
Capital Research Global Investors
6
Capital Research Global Investors
California
$721M +$151M +2,925,826 +29%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$574M +$34.1M +659,577 +7%
Morgan Stanley
8
Morgan Stanley
New York
$572M +$54.7M +1,058,671 +11%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$540M -$7.58M -146,640 -1%
Northern Trust
10
Northern Trust
Illinois
$499M +$6.63M +128,302 +1%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$493M -$96.9M -1,875,606 -17%
N
12
Nuveen
North Carolina
$437M +$215M +4,162,438 +109%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$434M +$31M +599,187 +8%
Norges Bank
14
Norges Bank
Norway
$406M
Invesco
15
Invesco
Georgia
$395M +$33.8M +653,772 +10%
Bank of America
16
Bank of America
North Carolina
$392M -$59.6M -1,153,554 -14%
Wells Fargo
17
Wells Fargo
California
$334M +$35M +677,364 +12%
AIG
18
American International Group
New York
$327M -$41.8M -809,576 -12%
Goldman Sachs
19
Goldman Sachs
New York
$317M +$71.7M +1,387,046 +31%
Ameriprise
20
Ameriprise
Minnesota
$311M -$25.1M -484,932 -8%
PI
21
Putnam Investments
Massachusetts
$288M +$108M +2,097,391 +66%
Legal & General Group
22
Legal & General Group
United Kingdom
$281M +$8.07M +156,223 +3%
State Farm Mutual Automobile Insurance
23
State Farm Mutual Automobile Insurance
Illinois
$258M -$11.9M -230,234 -5%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$236M +$13.4M +258,787 +6%
Deutsche Bank
25
Deutsche Bank
Germany
$211M -$6.07M -117,427 -3%

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.