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1,503 hedge funds and large institutions have $23.3B invested in Dow Inc in 2023 Q3 according to their latest regulatory filings, with 113 funds opening new positions, 535 increasing their positions, 609 reducing their positions, and 101 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more call options, than puts

Call options by funds: $788M | Put options by funds: $627M

12% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 101

0% more funds holding in top 10

Funds holding in top 10: 1515 (0)

0.02% less ownership

Funds ownership: 64.31%64.28% (-0.02%)

1% less funds holding

Funds holding: 1,5121,503 (-9)

4% less capital invested

Capital invested by funds: $24.2B → $23.3B (-$907M)

12% less repeat investments, than reductions

Existing positions increased: 535 | Existing positions reduced: 609

Holders
1,503
Holders Change
-9
Holders Change %
-0.6%
% of All Funds
23.85%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.24%
New
113
Increased
535
Reduced
609
Closed
101
Calls
$788M
Puts
$627M
Net Calls
+$161M
Net Calls Change
-$33.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.18B -$12.5M -232,905 -0.4%
BlackRock
2
BlackRock
New York
$2.42B -$45.5M -848,301 -2%
State Street
3
State Street
Massachusetts
$1.8B -$69.9M -1,301,788 -4%
Pzena Investment Management
4
Pzena Investment Management
New York
$940M +$180M +3,346,726 +22%
JP Morgan Chase
5
JP Morgan Chase
New York
$842M +$71.3M +1,327,205 +9%
Morgan Stanley
6
Morgan Stanley
New York
$757M -$27.1M -504,183 -3%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$691M +$11.1M +206,400 +2%
Capital World Investors
8
Capital World Investors
California
$472M -$265M -4,945,201 -35%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$435M -$7.12M -132,537 -2%
Invesco
10
Invesco
Georgia
$396M +$38.4M +714,888 +10%
Northern Trust
11
Northern Trust
Illinois
$392M -$14.7M -273,208 -3%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$329M +$1.81M +33,700 +0.5%
Norges Bank
13
Norges Bank
Norway
$319M +$4.77M +88,778 +1%
Pacer Advisors
14
Pacer Advisors
Pennsylvania
$307M +$39M +727,264 +14%
Bank of America
15
Bank of America
North Carolina
$281M -$36.8M -685,036 -11%
State Farm Mutual Automobile Insurance
16
State Farm Mutual Automobile Insurance
Illinois
$248M
UBS Group
17
UBS Group
Switzerland
$246M +$4.15M +77,341 +2%
Goldman Sachs
18
Goldman Sachs
New York
$233M +$40.7M +757,579 +20%
Millennium Management
19
Millennium Management
New York
$221M +$144M +2,684,672 +168%
Wells Fargo
20
Wells Fargo
California
$218M -$5.65M -105,203 -2%
Legal & General Group
21
Legal & General Group
United Kingdom
$216M -$8.57M -159,717 -4%
Charles Schwab
22
Charles Schwab
California
$211M +$4.8M +89,492 +2%
CCM
23
Cullen Capital Management
New York
$204M -$2.2M -41,070 -1%
UBS AM
24
UBS AM
Illinois
$156M -$15.2M -283,402 -9%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$137M -$3.67M -68,309 -3%

DOW Hedge Fund Activity: Q3 2023 in Review

1,503 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Dow Inc (DOW) for Q3 2023, worth a combined $23.3B — down 3.7% from $24.2B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new DOW positions and 101 closed out — a net gain of 12 holders — while 535 added to existing stakes and 609 trimmed.

The largest buyer was Pzena Investment Management, adding an estimated $180M. The largest seller was Capital World Investors, cutting an estimated $265M.

  • 1,503 institutional investors held Dow Inc (DOW) as of Q3 2023, down from 1,512 in Q2 2023.
  • Funds reported $23.3B of Dow Inc stock for Q3 2023, down 3.7% quarter-over-quarter.
  • 113 funds opened new Dow Inc positions in Q3 2023 and 101 closed out, a net change of +12 holders.
  • The largest Dow Inc buyer in Q3 2023 was Pzena Investment Management, an estimated $180M added.
  • The largest Dow Inc seller in Q3 2023 was Capital World Investors, an estimated $265M sold.

Based on aggregated 13F filings for Q3 2023.