Who owns DNOW (DNOW)
Which tracked institutional funds hold DNOW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DNOW company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
52 tracked funds added or opened DNOW while 105 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DNOW’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes DNOW more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DNOW divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 318 tracked filers holding DNOW, 152 increased or opened the position and 194 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DNOW between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 30
- VANGUARD PORTFOLIO MANAGEMENT LLC$124M
- VANGUARD CAPITAL MANAGEMENT LLC$99M
- Engine Capital Management, LP$62M
- River Road Asset Management, LLC$48M
- BAUPOST GROUP LLC/MA$43M
- Madison Avenue Partners, LP$16M
Full exits 28
- VANGUARD GROUP INC$239M
- Boston Partners$104M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$50M
- Balyasny Asset Management L.P.$14M
- JACOBS LEVY EQUITY MANAGEMENT, INC$10M
- T. Rowe Price Investment Management, Inc.$10M
Largest adds
- WELLINGTON MANAGEMENT GROUP LLP$57M
- FIRST TRUST ADVISORS LP$46M
- MARSHALL WACE, LLP$16M
- Qube Research & Technologies Ltd$7M
- Tejara Capital Ltd$7M
- UBS Group AG$7M
Largest trims
- BlackRock, Inc.$158M
- GOLDMAN SACHS GROUP INC$25M
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$22M
- AMERICAN CENTURY COMPANIES INC$21M
- JPMORGAN CHASE & CO$18M
- RENAISSANCE TECHNOLOGIES LLC$18M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 19,833,083 | $236M | 9.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 16,784,414 | $200M | 7.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 10,423,553 | $124M | 4.9% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 10,382,620 | $124M | 4.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 8,331,559 | $99M | 3.9% | 2026-Q1 |
| STATE STREET CORP trimmed | 7,104,104 | $85M | 3.3% | 2026-Q1 |
| Engine Capital Management, LP new | 5,165,862 | $62M | 2.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,553,806 | $54M | 2.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 4,458,025 | $53M | 2.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 4,065,728 | $48M | 1.9% | 2026-Q1 |
| River Road Asset Management, LLC added | 4,009,225 | $48M | 1.9% | 2026-Q1 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC added | 3,894,798 | $46M | 1.8% | 2026-Q1 |
| BAUPOST GROUP LLC/MA new | 3,625,000 | $43M | 1.7% | 2026-Q1 |
| Verbena Value LP trimmed | 3,297,904 | $39M | 1.5% | 2026-Q1 |
| PZENA INVESTMENT MANAGEMENT LLC trimmed | 3,095,315 | $37M | 1.4% | 2026-Q1 |
| Global Alpha Capital Management Ltd. added | 3,007,845 | $36M | 1.4% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,970,491 | $35M | 1.4% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 2,918,621 | $35M | 1.4% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 2,835,208 | $34M | 1.3% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 2,630,237 | $31M | 1.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,206,670 | $26M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,870,467 | $22M | 0.9% | 2026-Q1 |
| MARSHALL WACE, LLP added | 1,867,114 | $22M | 0.9% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,846,426 | $22M | 0.9% | 2026-Q1 |
| Nuveen, LLC trimmed | 1,742,323 | $21M | 0.8% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 1,658,694 | $20M | 0.8% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 1,619,450 | $19M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,415,723 | $17M | 0.7% | 2026-Q1 |
| Medina Value Partners, LLC trimmed | 1,402,563 | $17M | 0.7% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 1,400,434 | $17M | 0.7% | 2026-Q1 |
| Madison Avenue Partners, LP new | 1,365,067 | $16M | 0.6% | 2026-Q1 |
| Tejara Capital Ltd added | 1,352,076 | $16M | 0.6% | 2026-Q1 |
| UBS Group AG added | 1,292,062 | $15M | 0.6% | 2026-Q1 |
| Rubric Capital Management LP new | 1,267,527 | $15M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,194,822 | $14M | 0.6% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC added | 1,181,959 | $14M | 0.6% | 2026-Q1 |
| Penn Capital Management Company, LLC trimmed | 1,177,924 | $14M | 0.6% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,139,613 | $14M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,127,973 | $13M | 0.5% | 2026-Q1 |
| Allianz Asset Management GmbH trimmed | 1,105,639 | $13M | 0.5% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 902,345 | $11M | 0.4% | 2026-Q1 |
| Empowered Funds, LLC trimmed | 894,185 | $11M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 884,406 | $11M | 0.4% | 2026-Q1 |
| GREENHAVEN ASSOCIATES INC new | 824,487 | $10M | 0.4% | 2026-Q1 |
| CSM Advisors, LLC added | 788,245 | $9M | 0.4% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 762,932 | $9M | 0.4% | 2026-Q1 |
| Harvey Partners, LLC trimmed | 730,943 | $9M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board trimmed | 664,203 | $8M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 642,429 | $8M | 0.3% | 2026-Q1 |
| Holocene Advisors, LP added | 597,700 | $7M | 0.3% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 586,950 | $7M | 0.3% | 2026-Q1 |
| COOPER CREEK PARTNERS MANAGEMENT LLC | 579,074 | $7M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 560,195 | $7M | 0.3% | 2026-Q1 |
| HEARTLAND ADVISORS INC added | 550,000 | $7M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 541,766 | $6M | 0.3% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 498,400 | $6M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 453,380 | $5M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 436,935 | $5M | 0.2% | 2026-Q1 |
| FMR LLC trimmed | 425,314 | $5M | 0.2% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 419,200 | $5M | 0.2% | 2026-Q1 |
| Verition Fund Management LLC added | 410,000 | $5M | 0.2% | 2026-Q1 |
| BOKF, NA | 393,456 | $5M | 0.2% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 375,797 | $4M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 380,607 | $4M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 369,534 | $4M | 0.2% | 2026-Q1 |
| Swiss National Bank | 366,204 | $4M | 0.2% | 2026-Q1 |
| First Eagle Investment Management, LLC added | 353,758 | $4M | 0.2% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 334,385 | $4M | 0.2% | 2026-Q1 |
| Atom Investors LP trimmed | 331,714 | $4M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 329,580 | $4M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 300,483 | $4M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 288,525 | $3M | 0.1% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd added | 286,542 | $3M | 0.1% | 2026-Q1 |
| Arkadios Wealth Advisors added | 282,758 | $3M | 0.1% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 281,557 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 18,063,900 | $239M | 9.4% | 2025-Q4 stale |
| Boston Partners added | 7,859,416 | $104M | 4.1% | 2025-Q4 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 3,764,074 | $50M | 2.0% | 2025-Q4 stale |
| Balyasny Asset Management L.P. trimmed | 1,037,114 | $14M | 0.5% | 2025-Q4 stale |
| Southpoint Capital Advisors LP trimmed | 805,000 | $12M | 0.5% | 2025-Q3 stale |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 788,725 | $10M | 0.4% | 2025-Q4 stale |
| T. Rowe Price Investment Management, Inc. new | 759,381 | $10M | 0.4% | 2025-Q4 stale |
| Decagon Asset Management LLP new | 458,068 | $7M | 0.3% | 2025-Q3 stale |
| Foundry Partners, LLC added | 390,739 | $7M | 0.3% | 2025-Q1 stale |
| ALGERT GLOBAL LLC trimmed | 445,112 | $7M | 0.3% | 2025-Q2 stale |
| Hillsdale Investment Management Inc. added | 496,600 | $7M | 0.3% | 2025-Q4 stale |
| Pacer Advisors, Inc. trimmed | 485,205 | $6M | 0.3% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 340,890 | $6M | 0.2% | 2025-Q1 stale |
| Assenagon Asset Management S.A. trimmed | 364,274 | $6M | 0.2% | 2025-Q3 stale |
| Quantedge Capital Pte Ltd trimmed | 351,310 | $5M | 0.2% | 2025-Q3 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 316,450 | $5M | 0.2% | 2025-Q3 stale |
| ExodusPoint Capital Management, LP added | 274,913 | $5M | 0.2% | 2025-Q1 stale |
| Informed Momentum Co LLC added | 223,578 | $4M | 0.1% | 2025-Q1 stale |
| Integrated Wealth Concepts LLC added | 243,432 | $4M | 0.1% | 2025-Q3 stale |
| TUDOR INVESTMENT CORP ET AL | 230,169 | $4M | 0.1% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC trimmed | 204,507 | $3M | 0.1% | 2025-Q1 stale |
| JANE STREET GROUP, LLC trimmed | 228,447 | $3M | 0.1% | 2025-Q3 stale |
| Point72 Asset Management, L.P. added | 252,301 | $3M | 0.1% | 2025-Q4 stale |
| DENALI ADVISORS LLC trimmed | 238,645 | $3M | 0.1% | 2025-Q4 stale |
| ICON ADVISERS INC/CO trimmed | 200,000 | $3M | 0.1% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.