Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DNOW INC (DNOW)

293 + Investors. Track Smart Money conviction in DNOW. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
1Q ▲
Buyers last Q
70%

Smart Money Signals — DNOW

Based on 292 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added DNOW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
292 hedge funds hold DNOW right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q
+44 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 70% buying

222 buying94 selling
Last quarter: 222 funds were net buyers (73 opened a brand new position + 149 added to an existing one). Only 94 were sellers (45 trimmed + 49 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+33 vs last Q)

new funds entering per quarter
Funds opening a new DNOW position: 39 → 40 → 40 → 73. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 16% medium ■ 21% new
183 out of 292 hedge funds have held DNOW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +69%, value +47%

Value
+46%
Shares
+68%
Last quarter: funds added +69% more shares while total portfolio value only changed +47%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

33 → 39 → 40 → 40 → 73 new funds/Q
New funds entering each quarter: 39 → 40 → 40 → 73. A growing number of institutions are discovering DNOW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 9% 1-2yr ■ 22% new
Of 293 current holders: 203 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
40 of 292 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in DNOW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DNOW

In 2025 Q4, 222 hedge funds were net buyers of DNOW (73 opened a new position, 149 added to an existing one), while 94 reduced or exited (45 trimmed, 49 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. 45% of total institutional value in DNOW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 292.

Hedge Fund Ownership: DNOW

How many hedge funds hold DNOW — quarterly history vs. share price
Quarterly hedge fund ownership of DNOW vs. share price

Market Analysis: DNOW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DNOW

Industrials Industrial Distribution

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

46 top-rated funds 1 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: DNOW
2026 Q1 Stats Unlock in 7 days 293 + Investors

Track Smart Money conviction in DNOW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 293 271 8.12%
13F Shares 185M 110M 68.59%
Total Value $2.44B $1.67B 46.59%
New Positions 73 41 +32
Increased Positions 149 93 +56
Closed Positions 50 44 +6
Reduced Positions 45 96 -51
Total Calls 2 3 -33.33%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.33 Bullish

Statistics: DNOW

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

293 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DNOW. Verified SEC 13F-HR filings.

Top 25 institutional holders of DNOW — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Verbena Value LP 6.43% 3,297,904 $39.3M
2 Tejara Capital Ltd 5.31% 1,352,076 $16.1M
3 Global Alpha Capital Management Ltd. 2.15% 3,007,845 $35.8M
4 Pullen Investment Management, LLC 1.37% 228,832 $2.7M
5 Penn Capital Management Company, LLC 1.09% 1,177,924 $14.1M
6 River Road Asset Management, LLC 0.54% 4,009,225 $47.7M
7 Monaco Asset Management SAM 0.49% 225,000 $2.7M
8 SummerHaven Investment Management, LLC 0.38% 52,090 $620K
9 HEARTLAND ADVISORS INC 0.33% 550,000 $6.6M
10 Fruth Investment Management 0.29% 98,820 $1K
11 DG Capital Management, LLC 0.21% 57,520 $685K
12 ROYCE & ASSOCIATES LP 0.19% 1,658,694 $19.8M
13 GREENHAVEN ASSOCIATES INC 0.16% 824,487 $9.8M
14 Skylands Capital, LLC 0.14% 91,650 $1.1M
15 PZENA INVESTMENT MANAGEMENT LLC 0.12% 3,095,315 $36.9M
16 Rossby Financial, LCC 0.12% 49,100 $581K
17 Polaris Capital Management, LLC 0.12% 121,000 $1.4M
18 CarsonAllaria Wealth Management, Ltd. 0.10% 16,459 $196K
19 FOX RUN MANAGEMENT, L.L.C. 0.07% 35,262 $410K
20 BOKF, NA 0.07% 393,456 $4.7M
21 Y-Intercept (Hong Kong) Ltd 0.06% 286,542 $3.4M
22 GSA CAPITAL PARTNERS LLP 0.06% 78,230 —
23 Central Pacific Bank - Trust Division 0.05% 31,423 $374K
24 Huntleigh Advisors, Inc. 0.04% 21,691 $258K
25 Inspire Investing, LLC 0.04% 43,262 $515K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — DNOW INC (DNOW)

What does the Smart Money Trend signal show for DNOW?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added DNOW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for DNOW?

More buyers than sellers — 70% buying: Last quarter: 222 funds were net buyers (73 opened a brand new position + 149 added to an existing one). Only 94 were sellers (45 trimmed + 49 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for DNOW holders?

Elite ownership — 45% AUM from top-100 funds: 40 of 292 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in DNOW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held DNOW?

63% of holders stayed for 2+ years: 183 out of 292 hedge funds have held DNOW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.