DNOW INC DNOW
COM · Common Stock · CUSIP 67011P100
- SectorIndustrials
- IndustryOil & Gas Field Machinery & Equipment
- HeadquartersHouston, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($10.5m this quarter). Holder counts are more reliable. Shares outstanding: 182.5m as of 2026-04-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $11.91. Options: 5 managers hold calls ($2.3m notional), 6 hold puts ($1.9m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 243 |
| Q4 2022 | 256 |
| Q1 2023 | 262 |
| Q2 2023 | 255 |
| Q3 2023 | 229 |
| Q4 2023 | 239 |
| Q1 2024 | 265 |
| Q2 2024 | 270 |
| Q3 2024 | 267 |
| Q4 2024 | 265 |
| Q1 2025 | 278 |
| Q2 2025 | 287 |
| Q3 2025 | 286 |
| Q4 2025 | 311 |
| Q1 2026 | 320 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 135 | 116 |
| Q3 2024 | 102 | 131 |
| Q4 2024 | 110 | 124 |
| Q1 2025 | 130 | 113 |
| Q2 2025 | 131 | 136 |
| Q3 2025 | 134 | 139 |
| Q4 2025 | 226 | 89 |
| Q1 2026 | 145 | 184 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $865.3k | $255.6k | 0.30 |
| Q3 2025 | $748.2k | $382.2k | 0.51 |
| Q4 2025 | $846.1k | $0 | 0.00 |
| Q1 2026 | $2.3m | $1.9m | 0.82 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +6.1m |
| Engine Capital Management, LP | New | +5.2m |
| River Road Asset Management, LLC | New | +4.0m |
| FIRST TRUST ADVISORS LP | Added | +3.9m |
| BAUPOST GROUP LLC/MA | New | +3.6m |
| MARSHALL WACE, LLP | Added | +1.4m |
| Madison Avenue Partners, LP | New | +1.4m |
| Rubric Capital Management LP | New | +1.3m |
| GREENHAVEN ASSOCIATES INC | New | +824.5k |
| Tejara Capital Ltd | Added | +666.5k |
Biggest sellers
| Boston Partners | Sold out | -7.9m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -4.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -3.8m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.7m |
| T. Rowe Price Investment Management, Inc. | Sold out | -1.6m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -1.4m |
| JPMORGAN CHASE & CO | Reduced | -1.3m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.3m |
| Harvey Partners, LLC | Reduced | -1.2m |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $911.1k76.5k shares |
| CITADEL ADVISORS LLC | Added | $631.0k53.0k shares |
| JANE STREET GROUP, LLC | New | $422.8k35.5k shares |
| SIMPLEX TRADING, LLC | Added | $281.1k23.6k shares |
| GROUP ONE TRADING LLC | Reduced | $17.9k1.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $914.7k76.8k shares |
| CITADEL ADVISORS LLC | New | $575.3k48.3k shares |
| IMC-Chicago, LLC | New | $191.8k16.1k shares |
| JANE STREET GROUP, LLC | New | $139.3k11.7k shares |
| GROUP ONE TRADING LLC | New | $27.4k2.3k shares |
| SIMPLEX TRADING, LLC | New | $16.7k1.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -2.8 pts · filed 2025-04-29 | 15.0% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution +1.5 pts · filed 2026-06-05 | 10.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.4%, 2026-07-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 3 | $3.6m | — |
| Q3 2024 | 0 | — | 1 | $44.3k | — |
| Q4 2024 | 0 | — | 1 | $394.9k | — |
| Q1 2025 | 0 | — | 1 | $174.7k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 29.7m $353.6m | Reduced -26.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 16.9m $201.0m | Added +6.1m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 10.4m $124.1m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 10.4m $123.7m | Added +8.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.3m $99.2m | First filing |
| STATE STREET CORP 0.00% of their portfolio | 7.1m $84.6m | Reduced -336.6k |
| Engine Capital Management, LP 7.43% of their portfolio | 5.2m $61.5m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.6m $54.2m | Added +124.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 4.5m $53.1m | Reduced -936.3k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 4.1m $48.4m | Added +3.9m |
| River Road Asset Management, LLC 0.54% of their portfolio | 4.0m $47.7m | New |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.15% of their portfolio | 3.9m $46.4m | Added +220.6k |
| BAUPOST GROUP LLC/MA 0.84% of their portfolio | 3.6m $43.2m | New |
| Verbena Value LP 6.43% of their portfolio | 3.3m $39.3m | Reduced -385.1k |
| PZENA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 3.1m $36.9m | Reduced -1.1m |
| Global Alpha Capital Management Ltd. 2.15% of their portfolio | 3.0m $35.8m | Added +233.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.0m $35.4m | Added +17.9k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.12% of their portfolio | 2.9m $34.8m | Reduced -4.0m |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 2.8m $33.8m | Reduced -1.3m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 2.6m $31.3m | Reduced -1.4m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.2m $26.3m | Reduced -1.7m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.9m $22.3m | Added +61.2k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.9m $22.2m | Added +1.4m |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $22.0m | Reduced -73.7k |
| Nuveen, LLC 0.01% of their portfolio | 1.7m $20.8m | Reduced -305.4k |
| ROYCE & ASSOCIATES LP 0.19% of their portfolio | 1.7m $19.8m | Added +243.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.6m $19.3m | Added +426.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $16.9m | Added +639.8k |
| Medina Value Partners, LLC 3.50% of their portfolio | 1.4m $16.7m | Reduced -79.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.34% of their portfolio | 1.4m $16.7m | Reduced -36.9k |
| Madison Avenue Partners, LP 0.71% of their portfolio | 1.4m $16.3m | New |
| Tejara Capital Ltd 5.31% of their portfolio | 1.4m $16.1m | Added +666.5k |
| Invesco Ltd. 0.00% of their portfolio | 1.3m $15.5m | Added +93.2k |
| UBS Group AG 0.00% of their portfolio | 1.3m $15.4m | Added +654.9k |
| Rubric Capital Management LP 0.18% of their portfolio | 1.3m $15.1m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.2m $14.2m | First filing |
| KENNEDY CAPITAL MANAGEMENT LLC 0.30% of their portfolio | 1.2m $14.1m | Added +182.6k |
| Penn Capital Management Company, LLC 1.09% of their portfolio | 1.2m $14.1m | Reduced -1.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.1m $13.4m | Reduced -29.1k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 1.1m $13.2m | Reduced -813.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 902.3k $10.7m | Added +17.4k |
| Empowered Funds, LLC 0.07% of their portfolio | 894.2k $10.6m | Reduced -83.9k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 884.4k $10.5m | Added +643.7k |
| GREENHAVEN ASSOCIATES INC 0.16% of their portfolio | 824.5k $9.8m | New |
| CSM Advisors, LLC 0.23% of their portfolio | 788.2k $9.4m | Added +69.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 762.9k $9.1m | Reduced -72.6k |
| Harvey Partners, LLC 0.71% of their portfolio | 730.9k $8.7m | Reduced -1.2m |
| Public Sector Pension Investment Board 0.02% of their portfolio | 664.2k $7.9m | Reduced -98.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 642.4k $7.7m | Reduced -1.1k |
| Holocene Advisors, LP 0.02% of their portfolio | 597.7k $7.1m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 587.0k $7.0m | Reduced -119.7k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.33% of their portfolio | 579.1k $6.9m | Unchanged |
| SEI INVESTMENTS CO 0.01% of their portfolio | 560.2k $6.7m | Added +47.8k |
| HEARTLAND ADVISORS INC 0.33% of their portfolio | 550.0k $6.6m | Added +100.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 541.8k $6.5m | Reduced -9.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 498.4k $5.9m | Added +21.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 453.4k $5.4m | Reduced -2.3k |
| Legal & General Group Plc 0.00% of their portfolio | 436.9k $5.2m | Reduced -36.9k |
| FMR LLC 0.00% of their portfolio | 425.3k $5.1m | Reduced -211.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 419.2k $5.0m | New |
| Verition Fund Management LLC 0.05% of their portfolio | 410.0k $4.9m | Added +289.6k |
| BOKF, NA 0.07% of their portfolio | 393.5k $4.7m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 380.6k $4.4m | Reduced -1.3m |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 375.8k $4.5m | Reduced -36.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 369.5k $4.4m | Reduced -15.3k |
| Swiss National Bank 0.00% of their portfolio | 366.2k $4.4m | Unchanged |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 353.8k $4.2m | Added +121.2k |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 334.4k $4.0m | Added +321.5k |
| Atom Investors LP 0.28% of their portfolio | 331.7k $4.0m | Reduced -7.5k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 329.6k $3.9m | Reduced -619.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 300.5k $3.6m | Added +7.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 288.5k $3.4m | Reduced -133.2k |
| Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio | 286.5k $3.4m | Added +240.7k |
| Arkadios Wealth Advisors 0.06% of their portfolio | 282.8k $3.4m | Added +16.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 281.6k $3.3m | Reduced -11.2k |
| Edgestream Partners, L.P. 0.09% of their portfolio | 242.8k $2.9m | Reduced -292.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 235.9k $2.8m | Reduced -208.7k |
| Fulcrum Asset Management LLP 0.41% of their portfolio | 231.1k $2.7m | New |
| Pullen Investment Management, LLC 1.37% of their portfolio | 228.8k $2.7m | Added +64.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 226.4k $2.7m | Added +35.9k |
| Monaco Asset Management SAM 0.85% of their portfolio | 225.0k $2.7m | New |
| BESSEMER GROUP INC 0.00% of their portfolio | 223.3k $2.7m | Added +494 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 223.2k $2.7m | Added +45.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 221.0k $2.6m | Reduced -63.3k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 204.6k $2.4m | Added +203.5k |
| Quantbot Technologies LP 0.10% of their portfolio | 199.7k $2.4m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 197.9k $2.4m | Added +13.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 190.4k $2.3m | Reduced -115.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 187.3k $2.5m | Reduced -231.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 185.0k $2.2m | Reduced -53.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 180.2k $2.1m | Added +99.0k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.02% of their portfolio | 166.5k $2.0m | Added +133.7k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 161.4k $1.9m | Reduced -3.6k |
| Jump Financial, LLC 0.03% of their portfolio | 156.6k $1.9m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 154.7k $1.8m | Reduced -6.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 152.5k $1.8m | Reduced -80.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 141.6k $1.7m | First filing |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 137.5k $1.6m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 136.7k $1.6m | Reduced -120.0k |
| LPL Financial LLC 0.00% of their portfolio | 133.3k $1.6m | Added +20.3k |