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619 hedge funds and large institutions have $15.4B invested in NOV in 2018 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 194 increasing their positions, 241 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 35

5% more funds holding

Funds holding: 587619 (+32)

4% less capital invested

Capital invested by funds: $16B → $15.4B (-$606M)

3.12% less ownership

Funds ownership: 96.51%93.4% (-3.1%)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

20% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 241

33% less call options, than puts

Call options by funds: $49M | Put options by funds: $72.7M

Holders
619
Holders Change
+32
Holders Change %
+5.45%
% of All Funds
14.15%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.21%
New
73
Increased
194
Reduced
241
Closed
35
Calls
$49M
Puts
$72.7M
Net Calls
-$23.7M
Net Calls Change
+$4.36M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.75B +$22.6M +506,418 +1%
Dodge & Cox
2
Dodge & Cox
California
$1.15B -$214M -4,782,709 -15%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$1.09B -$80.2M -1,792,280 -7%
BlackRock
4
BlackRock
New York
$1.07B -$11.3M -253,012 -1%
Harris Associates
5
Harris Associates
Illinois
$965M -$43M -960,989 -4%
State Street
6
State Street
Massachusetts
$806M -$12.4M -277,320 -1%
VVP
7
Vulcan Value Partners
Alabama
$631M -$251M -5,622,642 -28%
ClearBridge Investments
8
ClearBridge Investments
New York
$478M -$81.1M -1,813,401 -14%
Parnassus Investments
9
Parnassus Investments
California
$445M -$310K -6,935 -0.1%
Capital Research Global Investors
10
Capital Research Global Investors
California
$413M +$139M +3,114,117 +48%
Pzena Investment Management
11
Pzena Investment Management
New York
$395M +$213M +4,761,228 +108%
Morgan Stanley
12
Morgan Stanley
New York
$281M +$39.8M +890,440 +16%
LAM
13
Lyrical Asset Management
New York
$237M +$5.5M +123,082 +2%
Northern Trust
14
Northern Trust
Illinois
$212M -$5.91M -132,164 -3%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$199M +$8.31M +185,764 +4%
Hotchkis & Wiley Capital Management
16
Hotchkis & Wiley Capital Management
California
$189M -$122M -2,721,710 -38%
RL
17
Ruffer LLP
United Kingdom
$181M +$12.2M +273,688 +7%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$180M -$9.66M -216,008 -5%
Wells Fargo
19
Wells Fargo
California
$170M -$27.1M -605,808 -13%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$164M -$7.1M -158,642 -4%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$149M -$891K -19,930 -0.6%
PP
22
Prudential plc
United Kingdom
$138M -$42.2M -943,080 -23%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$136M -$191K -4,277 -0.1%
Invesco
24
Invesco
Georgia
$133M -$8.08M -180,567 -6%
AllianceBernstein
25
AllianceBernstein
Tennessee
$127M +$87.5M +1,957,301 +197%

NOV Hedge Fund Activity: Q3 2018 in Review

619 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q3 2018, worth a combined $15.4B — down 3.8% from $16B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new NOV positions and 35 closed out — a net gain of 38 holders — while 194 added to existing stakes and 241 trimmed.

The largest buyer was Pzena Investment Management, adding an estimated $213M. The largest seller was Vulcan Value Partners, cutting an estimated $251M.

  • 619 institutional investors held NOV (NOV) as of Q3 2018, up from 587 in Q2 2018.
  • Funds reported $15.4B of NOV stock for Q3 2018, down 3.8% quarter-over-quarter.
  • 73 funds opened new NOV positions in Q3 2018 and 35 closed out, a net change of +38 holders.
  • The largest NOV buyer in Q3 2018 was Pzena Investment Management, an estimated $213M added.
  • The largest NOV seller in Q3 2018 was Vulcan Value Partners, an estimated $251M sold.

Based on aggregated 13F filings for Q3 2018.