NOW Inc.
Hedge Funds Holdings

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NOW Inc.‘s stocks are currently a part of 207 hedge funds’ portfolios, which represents 87.6% of the total amount of its stocks outstanding. This makes up a total of 97.30M shares of NOW Inc.. Compared to the previous quarter, the number fell by -7.98% or -8.43M shares fewer. As for the holding position changes, 31.4% (65) of current hedge fund investors increased the number of shares held, 38.65% (80) of current holders sold a part of the shares held, and 8.7% (18) closed the holdings completely. 29 hedge funds are new holders of NOW Inc. stock in Q3 2022, it is 14.01% of total holders.

Hedge funds holding NOW (Q4 2017 – Q3 2022)

Number of hedge funds
Q4 2017 251
Q1 2018 242
Q2 2018 253
Q3 2018 259
Q4 2018 245
Q1 2019 251
Q2 2019 238
Q3 2019 244
Q4 2019 248
Q1 2020 210
Q2 2020 206
Q3 2020 211
Q4 2020 208
Q1 2021 214
Q2 2021 223
Q3 2021 209
Q4 2021 215
Q1 2022 219
Q2 2022 210
Q3 2022 207

Hedge funds changes in NOW positions (Q4 2017 – Q3 2022)

Changes in positions
Q4 2017 429084305
Q1 2018 2691753416
Q2 2018 3481842331
Q3 2018 3874962922
Q4 2018 35749348-5
Q1 2019 3879873116
Q2 2019 2167943026
Q3 2019 378881308
Q4 2019 418486307
Q1 2020 26797463-32
Q2 2020 38866141-20
Q3 2020 40716932-1
Q4 2020 41686644-11
Q1 2021 395682307
Q2 2021 3269822218
Q3 2021 196983308
Q4 2021 48776145-16
Q1 2022 3081702315
Q2 2022 2360853012
Q3 2022 2965801815

Hedge funds changes in NOW stock options (Q4 2017 – Q3 2022)

Changes in stock options
Q4 2017 186,000 1,643,000
Q1 2018 506,750 3,422,000
Q2 2018 1,150,000 1,575,000
Q3 2018 1,616,000 1,516,000
Q4 2018 385,000 218,000
Q1 2019 620,000 470,000
Q2 2019 706,000 2,500,000
Q3 2019 540,000 115,000
Q4 2019 170,000 201,000
Q1 2020 95,000 787,000
Q2 2020 106,000 1,005,000
Q3 2020 51,000 212,000
Q4 2020 199,000 353,000
Q1 2021 774,000 1,543,000
Q2 2021 1,281,000 9,176,000
Q3 2021 210,000 7,210,000
Q4 2021 146,000 982,000
Q1 2022 395,000 1,125,000
Q2 2022 225,000 759,000
Q3 2022 289,000 489,000

Top 50 hedge fund holders of NOW Inc. (NYSE:DNOW)

Hedge fund Value Shares owned Portfolio share
BLACKROCK INC. Larry Fink 176.51M 17.56M 0.006%
VANGUARD GROUP INC 131.50M 13.08M 0.004%
DIMENSIONAL FUND ADVISORS LP 53.15M 5.28M 0.020%
RENAISSANCE TECHNOLOGIES LLC Jim Simons 49.84M 4.95M 0.070%
AMERICAN CENTURY COMPANIES INC 43.92M 4.37M 0.039%
STATE STREET CORP 40.50M 4.03M 0.003%
JPMORGAN CHASE & CO 30.63M 3.04M 0.004%
BARROW HANLEY MEWHINNEY & STRAUSS LLC 24.34M 2.42M 0.100%
D. E. SHAW & CO., INC. David E. Shaw 23.60M 2.34M 0.028%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 21.57M 2.14M 0.008%
NUVEEN ASSET MANAGEMENT, LLC 20.65M 2.05M 0.008%
GEODE CAPITAL MANAGEMENT, LLC 19.50M 1.94M 0.003%
FMR LLC 18.75M 1.86M 0.002%
MILLENNIUM MANAGEMENT LLC Israel Englander 18.14M 1.80M 0.011%
HEARTLAND ADVISORS INC 16.49M 1.64M 1.233%
JACOBS LEVY EQUITY MANAGEMENT, INC 16.33M 1.62M 0.129%
SOURCEROCK GROUP LLC 14.68M 1.46M 3.066%
MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. 13.06M 1.30M 0.035%
ROYCE & ASSOCIATES LP 12.99M 1.29M 0.147%
INVESCO LTD. 12.13M 1.20M 0.004%
NORTHERN TRUST CORP 11.81M 1.17M 0.003%
MORGAN STANLEY 11.73M 1.16M 0.002%
BANK OF NEW YORK MELLON CORP 11.73M 1.16M 0.003%
AMERIPRISE FINANCIAL INC 11.20M 1.11M 0.004%
GOLDMAN SACHS GROUP INC 10.86M 1.08M 0.003%
SOUTHPOINT CAPITAL ADVISORS LP 10.29M 1.02M 0.277%
NEW YORK STATE COMMON RETIREMENT FUND 8.82M 878.28K 0.013%
SOUTH DAKOTA INVESTMENT COUNCIL 8.26M 822.01K 0.199%
BOSTON PARTNERS 8.22M 746.16K 0.012%
VICTORY CAPITAL MANAGEMENT INC 8.11M 807.48K 0.009%
ACADIAN ASSET MANAGEMENT LLC 7.79M 775.76K 0.043%
PRINCIPAL FINANCIAL GROUP INC 6.86M 682.94K 0.005%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 6.73M 670.44K 0.010%
STATE OF WISCONSIN INVESTMENT BOARD 6.72M 668.93K 0.021%
PANAGORA ASSET MANAGEMENT INC 6.71M 668.17K 0.047%
NORDEA INVESTMENT MANAGEMENT AB 6.26M 626.86K 0.010%
TWO SIGMA ADVISERS, LP 6.08M 605.7K 0.018%
DEUTSCHE BANK AG\ 5.84M 581.45K 0.004%
BOOTHBAY FUND MANAGEMENT, LLC 5.16M 514.02K 0.129%
HILLSDALE INVESTMENT MANAGEMENT INC. 5.07M 504.9K 0.459%
BRIDGEWAY CAPITAL MANAGEMENT, LLC 4.96M 494.26K 0.133%
ASSENAGON ASSET MANAGEMENT S.A. 4.95M 493.38K 0.019%
EAGLE ASSET MANAGEMENT INC 4.10M 408.60K 0.027%
RHUMBLINE ADVISERS 3.76M 374.62K 0.006%
ALBERTA INVESTMENT MANAGEMENT CORP 3.34M 332.48K 0.026%
LEGAL & GENERAL GROUP PLC 3.31M 329.58K 0.001%
ALLIANZ ASSET MANAGEMENT GMBH 2.92M 291.21K 0.006%
FEDERATED HERMES, INC. 2.91M 289.69K 0.009%
INVENIRE PARTNERS, LP 2.70M 269.35K 4.139%
RK CAPITAL MANAGEMENT, LLC 2.69M 268K 0.690%