Dover

DOV • NYSE

Dover is a industrial - machinery company in the industrials sector on NYSE, led by Richard J. Tobin, with a market cap of $27.3B. As of Q3 2025, 85% of shares are held by 1,018 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.11%.

Chief Executive OfficerRichard J. Tobin

Market Cap$27.3B

Industrial - Machinery

Industrials

Employees25.0K

Websitedovercorporation.com

Country

United States of America

Overview

Overview of institutional ownership in DOV as of Q3 2025 with a market cap of $22.9B

All Institutions

Institutions: 1,018
Value Held: $19.5B
Shares Held: 116.6M
Avg Position: $19.1M
Median Position: $747.1K

Hedge Funds

Hedge Funds: 74
Value Held: $917.5M
Shares Held: 5.5M
Avg Position: $12.4M
Median Position: $2.4M

Ownership Breakdown

Institutional (non-HF)

81.03%

$18.5B

Hedge Funds

4.01%

$917.5M

Retail & Other

14.96%

$3.4B

Based on market cap of $22.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in DOV as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.8B 0.04% of portfolio	12.11% 16.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$1.7B 0.03% of portfolio	7.27% 10.0M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.5B 0.10% of portfolio	6.64% 9.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.1B 0.04% of portfolio	4.76% 6.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$579.5M 0.04% of portfolio	2.54% 3.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
FMR LLC Institution	-	$546.7M 0.03% of portfolio	2.39% 3.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$468.4M 0.04% of portfolio	2.05% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$443.6M 0.03% of portfolio	1.94% 2.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
N Nuveen, LLC Institution	-	$398.4M 0.11% of portfolio	1.74% 2.4M shares	Q1 2025 Held for 8 months	$377.89B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$355.5M 0.06% of portfolio	1.55% 2.1M shares	≤ Q2 2013 Held for 12y 5m+	$571.21B

Net Capital Flow

Institutional buying and selling activity for DOV in Q3 2025

Traded: +$72.7M
Buyers: 447
Sellers: 445
Total Bought: +$1.3B
Total Sold: −$1.3B
Avg Position: $17.5M

Biggest Buyers

Institution	Net Bought	Current Position
Q Qube Research & Technologies Ltd Institution	+$86.8M +520.2K shares	$219.8M 1.3M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$81.7M +490.0K shares	$274.1M 1.6M shares
A Assenagon Asset Management S.A. Institution	+$62.6M +375.3K shares	$109.5M 656.3K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$62.0M +372.2K shares	$193.6M 1.2M shares
H HSBC HOLDINGS PLC Institution	+$56.7M +340.5K shares	$206.8M 1.2M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$49.2M +294.9K shares	$355.5M 2.1M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$47.5M +284.5K shares	$54.6M 327.2K shares
BANK OF MONTREAL /CAN/ Institution	+$45.2M +270.7K shares	$63.4M 380.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$44.9M +269.3K shares	$48.6M 291.0K shares
J JANE STREET GROUP, LLC Institution	+$43.9M +263.3K shares	$47.0M 281.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
FIRST TRUST ADVISORS LP ETF Provider	−$136.7M −819.2K shares	$149.7M 897.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$121.5M −728.2K shares	$47.3M 283.6K shares
Cartenna Capital, LP Hedge Fund•Long/Short	−$68.7M −375.0K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$68.5M −410.6K shares	$88.4M 529.6K shares
B BlackRock, Inc. Institution	−$55.3M −331.7K shares	$1.7B 10.0M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$53.8M −293.6K shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$47.5M −284.8K shares	$1.5B 9.1M shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	−$46.4M −278.3K shares	$350.0M 2.1M shares
M MACQUARIE GROUP LTD Institution	−$44.7M −268.1K shares	$84.1M 504.4K shares
T TEACHER RETIREMENT SYSTEM OF TEXAS Institution	−$44.6M −267.4K shares	$13.3M 79.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited DOV in Q3 2025

New Positions: 43
New Value: $29.1M
Exited Positions: 96
Exited Value: $247.0M

New Positions

Institution	Position Value
B Banco Santander, S.A. Institution	$8.6M 51.6K shares
Numerai GP LLC Hedge Fund•Quant	$7.3M 43.7K shares
P Point72 Asia Pte. Ltd. Institution	$3.2M 19.2K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$1.5M 9.2K shares
Hutchinson Financial Advisors, INC RIA/Wealth	$1.4M 8.4K shares
P Perbak Capital Partners LLP Institution	$1.0M 6.2K shares
Semanteon Capital Management, LP Hedge Fund•Long/Short	$567.2K 3.4K shares
Voleon Capital Management LP Hedge Fund•Quant	$545.0K 3.3K shares
Caerus Investment Advisors, LLC Venture Capital	$535.7K 3.2K shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	$438.9K 2.6K shares

Exited Positions

Institution	Previous Position
Cartenna Capital, LP Hedge Fund•Long/Short	$68.7M 375.0K shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$53.8M 293.6K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$33.7M 184.1K shares
UBS OCONNOR LLC Long Only Manager	$11.2M 61.1K shares
A Albar Capital Partners LLP Institution	$9.2M 50.0K shares
A AXA Institution	$8.6M 47.1K shares
L & S Advisors Inc RIA/Wealth	$6.7M 36.4K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	$6.2M 33.6K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$4.6M 24.9K shares
Lighthouse Investment Partners, LLC Fund of Funds	$4.5M 24.5K shares

Options Activity

Institutions with the largest Call and Put options positions in DOV as of Q3 2025

Call Positions: 17
Call Value: $244.0M
Put Positions: 10
Put Value: $42.6M

Call Positions

Institution	Position Value
N NOMURA HOLDINGS INC Institution	$83.4M 5.0K contracts
S SCOPUS ASSET MANAGEMENT, L.P. Hedge Fund•Long/Short	$51.7M 3.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$31.3M 1.9K contracts
BARCLAYS PLC Institution	$25.0M 1.5K contracts
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$23.2M 1.4K contracts
W WOLVERINE TRADING, LLC Institution	$7.3M 436.0 contracts
J JANE STREET GROUP, LLC Institution	$6.6M 397.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.2M 253.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$3.3M 200.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.3M 197.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$12.1M 727.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.6M 454.0 contracts
W WOLVERINE TRADING, LLC Institution	$7.4M 443.0 contracts
S SCOPUS ASSET MANAGEMENT, L.P. Hedge Fund•Long/Short	$6.7M 400.0 contracts
J JANE STREET GROUP, LLC Institution	$5.3M 317.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$934.2K 56.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$884.2K 53.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$850.8K 51.0 contracts
Walleye Trading LLC RIA/Wealth	$433.8K 26.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$433.8K 26.0 contracts

Most Committed Institutions

Institutions with DOV as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C CINCINNATI INDEMNITY CO Institution	-	11.72% $4.8M	0.02% 29.0K shares	≤ Q2 2013 Held for 12y 5m+	$41.3M
C CINCINNATI CASUALTY CO Institution	-	7.63% $15.0M	0.07% 90.0K shares	≤ Q2 2013 Held for 12y 5m+	$196.7M
Regents Gate Capital LLP Hedge Fund•Market Neutral	Joshua White CIO	4.17% $11.7M	0.05% 70.4K shares	Q3 2025 Held for 2 months	$281.7M
M MCDANIEL TERRY & CO Institution	-	2.96% $36.7M	0.16% 220.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.2B
CINCINNATI FINANCIAL CORP Institution	Steven R. Johnston CEO	2.81% $140.7M	0.62% 843.6K shares	≤ Q2 2013 Held for 12y 5m+	$5.0B
WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC RIA/Wealth	Kimberly Ann Bright CCO	2.74% $58.2M	0.25% 348.7K shares	≤ Q2 2013 Held for 12y 5m+	$2.1B
H HFR Wealth Management, LLC RIA/Wealth	Michael Glen Reilly President	2.43% $10.6M	0.05% 63.6K shares	Q2 2021 Held for 4y 5m	$436.2M
T THOMPSON DAVIS & CO., INC. Institution	-	2.15% $3.5M	0.02% 20.9K shares	Q4 2021 Held for 3y 11m	$162.0M
Two Point Capital Management, Inc. RIA/Wealth	John Bryan Mcgowan CEO	1.99% $4.9M	0.02% 29.6K shares	Q2 2025 Held for 5 months	$248.7M
PARTHENON LLC RIA/Wealth	Thomas Alexander Corea CEO	1.96% $17.7M	0.08% 106.3K shares	≤ Q2 2013 Held for 12y 5m+	$902.5M

Hedge Fund Spotlight

Discover hedge funds investing in DOV

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Dover

Market Value: $48.6M
Shares Held: 291.0K
Portfolio Weight: 0.08%
Owned Since: 2021-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%