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Analyzing DowDuPont’s Institutional Holdings before Its Earnings

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Institutional holdings

The 13F filings on June 30 indicated that institutional investors own 70.8% of DowDuPont’s (DWDP) outstanding shares. A total of 1,922 institutions hold DowDuPont. Among the institutions, 814 increased their positions on DowDuPont, 878 reduced their positions, and 230 maintained their positions. Although more institutions sold DowDuPont, institutions bought more than the number of shares sold.

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What do institutional activities suggest?

Institutional investors were net buyers during the first quarter. Institutional investors bought 104.55 million shares, while they sold 85.92 million shares. The numbers suggest that institutional investors are bullish on the stock. Based on the 13F filings on June 30, below are the top three institutional investors’ holdings.

  • Vanguard Group added ~1.95 million shares, which took its holdings to 178.15 million shares—7.66% of DowDuPont’s outstanding shares.
  • BlackRock sold ~2.7 million shares. BlackRock holds 152.68 million shares, which represents 6.56% of DowDuPont’s outstanding shares.
  • Capital World Investors bought 8.9 million shares, which took its holdings to 128.24 million shares—5.5% of DowDuPont’s total outstanding shares.

Investors could hold DowDuPont indirectly by investing in the Invesco S&P 500 Equal Weight Materials ETF (RTM), which has invested 3.7% of its portfolio in DowDuPont. The fund also provides exposure to Praxair (PX), International Flavors and Fragrances (IFF), and PPG Industries (PPG) with weights of 5.1%, 5.0%, and 4.5%, respectively, as of October 29.

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