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 ($8.8m this quarter). Holder counts are more reliable. Shares outstanding: 180.8m as of 2026-07-29, 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 ≈ $12.97. Options: 13 managers hold calls ($55.3m notional), 8 hold puts ($1.7m).
Trends to Q2 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 |
| Q2 2026 | 301 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 145 | 164 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $748.2k | $382.2k | 0.51 |
| Q4 2025 | $846.1k | $0 | 0.00 |
| Q1 2026 | $2.3m | $1.9m | 0.82 |
| Q2 2026 | $55.3m | $1.7m | 0.03 |
Biggest buyers
| GREENHAVEN ASSOCIATES INC | Added | +3.5m |
| ACK Asset Management LLC | New | +3.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +2.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.6m |
| Rubric Capital Management LP | Added | +2.6m |
| FIRST TRUST ADVISORS LP | Added | +2.5m |
| FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. | New | +1.6m |
| NOMURA HOLDINGS INC | New | +1.5m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +991.5k |
| First Eagle Investment Management, LLC | Added | +846.1k |
Biggest sellers
| DIMENSIONAL FUND ADVISORS LP | Reduced | -2.4m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.5m |
| Medina Value Partners, LLC | Sold out | -1.4m |
| Global Alpha Capital Management Ltd. | Reduced | -1.4m |
| Madison Avenue Partners, LP | Sold out | -1.4m |
| MARSHALL WACE, LLP | Reduced | -1.2m |
| Nuveen, LLC | Reduced | -1.1m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.0m |
| GOLDMAN SACHS GROUP INC | Reduced | -950.1k |
| KENNEDY CAPITAL MANAGEMENT LLC | Reduced | -903.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.6m1.7m shares |
| CITADEL ADVISORS LLC | Added | $8.0m619.0k shares |
| JANE STREET GROUP, LLC | Added | $7.7m595.8k shares |
| J. Goldman & Co LP | New | $4.2m325.0k shares |
| IMC-Chicago, LLC | New | $3.4m265.8k shares |
| SIMPLEX TRADING, LLC | Added | $3.1m241.9k shares |
| PEAK6 LLC | New | $2.6m200.0k shares |
| HRT FINANCIAL LP | New | $1.9m150.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $1.0m79.6k shares |
| Walleye Trading LLC | New | $740.6k57.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $967.6k74.6k shares |
| IMC-Chicago, LLC | Added | $294.4k22.7k shares |
| CITADEL ADVISORS LLC | Reduced | $250.3k19.3k shares |
| Point72 Asset Management, L.P. | New | $128.4k9.9k shares |
| GROUP ONE TRADING LLC | Added | $50.6k3.9k shares |
| Walleye Trading LLC | New | $23.3k1.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.6k200 shares |
| Walleye Capital LLC | New | $2.6k200 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 3 | $7.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-10 | Cherechinsky David A President and CEO, director | Sold | $4.3m256.1k shares |
| 2026-08-10 | Johnson Mark B Officer | Sold | $1.9m112.8k shares |
| 2026-08-10 | Chang Raymond W VP and General Counsel | Sold | $1.3m76.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 28.9m $374.9m | Reduced -783.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 19.5m $253.1m | Added +2.6m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 10.4m $134.9m | Reduced -26.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.2m $106.4m | Reduced -129.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 8.0m $103.2m | Reduced -2.4m |
| STATE STREET CORP 0.00% of their portfolio | 7.3m $94.4m | Added +175.5k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 6.6m $85.7m | Added +2.5m |
| Engine Capital Management, LP 6.52% of their portfolio | 5.2m $67.0m | Added +3.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.8m $61.9m | Added +216.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 4.7m $60.9m | Added +239.8k |
| GREENHAVEN ASSOCIATES INC 0.65% of their portfolio | 4.3m $56.3m | Added +3.5m |
| River Road Asset Management, LLC 0.57% of their portfolio | 3.9m $51.1m | Reduced -73.1k |
| Rubric Capital Management LP 0.46% of their portfolio | 3.9m $50.6m | Added +2.6m |
| Verbena Value LP 7.73% of their portfolio | 3.6m $46.8m | Added +309.2k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.13% of their portfolio | 3.3m $42.5m | Reduced -614.9k |
| ACK Asset Management LLC 4.54% of their portfolio | 3.0m $38.9m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.0m $38.8m | Added +19.1k |
| PZENA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio | 2.9m $37.5m | Reduced -201.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 2.8m $36.9m | Added +215.4k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.10% of their portfolio | 2.8m $36.6m | Reduced -99.9k |
| BAUPOST GROUP LLC/MA 0.67% of their portfolio | 2.8m $36.2m | Reduced -837.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 2.6m $34.2m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $25.4m | Added +539.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.0m $25.4m | Added +84.2k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $23.2m | Reduced -61.4k |
| ROYCE & ASSOCIATES LP 0.18% of their portfolio | 1.8m $22.7m | Added +93.0k |
| Global Alpha Capital Management Ltd. 1.26% of their portfolio | 1.6m $21.0m | Reduced -1.4m |
| FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. 0.62% of their portfolio | 1.6m $20.5m | New |
| NOMURA HOLDINGS INC 0.08% of their portfolio | 1.5m $19.5m | New |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.4m $17.6m | Reduced -1.5m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.3m $16.3m | Reduced -950.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.2m $15.7m | Added +18.3k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 1.2m $15.6m | Added +846.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.1m $14.9m | Added +19.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.25% of their portfolio | 1.1m $14.2m | Reduced -306.1k |
| UBS Group AG 0.00% of their portfolio | 1.1m $13.6m | Reduced -241.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 992.1k $12.9m | Added +349.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 991.5k $12.9m | New |
| Invesco Ltd. 0.00% of their portfolio | 983.0k $12.7m | Reduced -322.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 934.6k $12.1m | Added +646.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 882.4k $11.4m | Reduced -20.0k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 830.2k $10.3m | Reduced -275.4k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 756.7k $9.8m | Reduced -127.7k |
| Invenomic Capital Management LP 0.59% of their portfolio | 756.6k $9.8m | New |
| Tejara Capital Ltd 3.86% of their portfolio | 723.4k $9.4m | Reduced -628.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 697.1k $9.0m | Reduced -1.2m |
| Empowered Funds, LLC 0.05% of their portfolio | 677.9k $8.8m | Reduced -216.3k |
| Penn Capital Management Company, LLC 0.55% of their portfolio | 669.8k $8.7m | Reduced -508.2k |
| Nuveen, LLC 0.00% of their portfolio | 629.5k $8.2m | Reduced -1.1m |
| Public Sector Pension Investment Board 0.02% of their portfolio | 627.2k $8.1m | Reduced -37.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 625.9k $8.1m | Added +38.9k |
| HEARTLAND ADVISORS INC 0.35% of their portfolio | 600.0k $7.8m | Added +50.0k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.31% of their portfolio | 579.1k $7.5m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 577.0k $7.5m | Reduced -1.0m |
| ExodusPoint Capital Management, LP 0.06% of their portfolio | 537.2k $7.0m | New |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 500.2k $6.5m | Added +81.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 476.2k $6.2m | Reduced -65.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 470.8k $6.1m | Reduced -292.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 425.1k $5.7m | Added +44.5k |
| Legal & General Group Plc 0.00% of their portfolio | 416.9k $5.4m | Reduced -20.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 413.9k $5.4m | Reduced -84.5k |
| Verition Fund Management LLC 0.04% of their portfolio | 411.0k $5.3m | Added +1.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 400.0k $5.2m | Added +24.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 374.6k $4.9m | Added +45.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 367.0k $4.8m | Reduced -2.6k |
| Swiss National Bank 0.00% of their portfolio | 364.1k $4.7m | Reduced -2.1k |
| BOKF, NA 0.06% of their portfolio | 355.6k $4.6m | Reduced -37.9k |
| Squarepoint Ops LLC 0.01% of their portfolio | 338.8k $4.4m | Added +274.3k |
| Brevan Howard Capital Management LP 0.06% of their portfolio | 314.0k $4.1m | Added +278.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 294.5k $3.8m | Reduced -6.0k |
| Arkadios Wealth Advisors 0.06% of their portfolio | 282.8k $3.7m | Added +54 |
| Fideuram Asset Management (Ireland) dac 0.07% of their portfolio | 279.5k $3.7m | New |
| KENNEDY CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 278.4k $3.6m | Reduced -903.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 274.8k $3.6m | Added +53.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 273.3k $3.5m | Added +37.4k |
| Neo Ivy Capital Management 0.77% of their portfolio | 256.0k $3.3m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 253.0k $3.3m | Added +214.9k |
| Holocene Advisors, LP 0.01% of their portfolio | 243.4k $3.2m | Reduced -354.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 230.1k $3.0m | Added +32.3k |
| Pullen Investment Management, LLC 1.38% of their portfolio | 229.4k $3.0m | Added +596 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.02% of their portfolio | 228.0k $3.0m | Added +61.5k |
| BESSEMER GROUP INC 0.00% of their portfolio | 223.0k $2.9m | Reduced -335 |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 214.5k $2.8m | Reduced -11.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 207.2k $2.7m | Reduced -16.0k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 194.4k $2.5m | Reduced -10.2k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 192.4k $2.5m | Added +2.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 188.5k $2.4m | Reduced -371.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 184.3k $2.2m | Reduced -3.0k |
| Skylands Capital, LLC 0.28% of their portfolio | 176.7k $2.3m | Added +85.0k |
| Jefferies Financial Group Inc. 0.02% of their portfolio | 175.0k $2.3m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 172.2k $2.2m | Added +93.4k |
| GSA CAPITAL PARTNERS LLP 0.13% of their portfolio | 162.1k $2.1m | Added +83.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 154.4k $2.0m | Added +12.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 150.4k $2.0m | Reduced -303.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 146.6k $1.9m | Reduced -8.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 143.3k $1.9m | Added +6.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 143.0k $1.9m | Reduced -9.6k |
| LPL Financial LLC 0.00% of their portfolio | 139.5k $1.8m | Added +6.2k |
| CITIGROUP INC 0.00% of their portfolio | 135.1k $1.8m | Added +93.9k |
| HighVista Strategies LLC 0.39% of their portfolio | 132.9k $1.7m | New |