This Fund Exited a $5 Million DNOW Stake Last Quarter. The Stock Has Fallen 12% This Year

On February 17, 2026, Quantedge Capital reported selling out of DNOW (NYSE:DNOW), unloading 351,310 shares previously worth $5.36 million. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Quantedge Capital reported a complete sale of its 351,310-share position in DNOW. The quarter-end position value for DNOW declined by $5.36 million as a result. What else to know Quantedge Capital sold out its DNOW stake, which previously represented 2.9% of AUM. ...