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Dimensional Fund Advisors reports 4.4% DNOW Inc (DNOW) ownership stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Dimensional Fund Advisors LP reports beneficial ownership of 7,956,916 shares of DNOW Inc common stock, representing 4.4% of the outstanding class for Section 13(d) purposes. It has sole voting power over 7,758,291 shares and sole dispositive power over 7,956,916 shares, with no shared voting or dispositive power.

All reported securities are owned by client funds and accounts for which Dimensional or its subsidiaries act as adviser or manager, and Dimensional disclaims beneficial ownership beyond these regulatory purposes. The funds have rights to dividends and sale proceeds, and no individual fund’s interest exceeds 5% of the class. Dimensional indicates ownership of 5 percent or less of DNOW’s common stock.

Positive

  • None.

Negative

  • None.
Beneficial ownership 7,956,916 shares Shares of DNOW Inc common stock beneficially owned for Section 13(d) reporting
Percent of class 4.4% Portion of DNOW Inc common stock class attributed to Dimensional’s reported holdings
Sole voting power 7,758,291 shares DNOW shares over which Dimensional has sole power to vote or direct the vote
Shared voting power 0 shares DNOW shares over which Dimensional shares voting power
Sole dispositive power 7,956,916 shares DNOW shares over which Dimensional has sole power to dispose or direct disposition
Shared dispositive power 0 shares DNOW shares over which Dimensional shares dispositive power
beneficial owner regulatory
"may be deemed to be the beneficial owner of the shares of the Issuer"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Sole Voting Power regulatory
"5 | Sole Voting Power 7,758,291.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 7,956,916"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13(d) regulatory
"for any other purposes than Section 13(d) of the Securities Exchange Act of 1934"
investment adviser financial
"an investment adviser registered under Section 203 of the Investment Advisors Act of 1940"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
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FAQ

What stake in DNOW (DNOW) does Dimensional Fund Advisors report?

Dimensional Fund Advisors LP reports 7,956,916 DNOW Inc common shares, representing 4.4% of the outstanding class. The position is reported for Section 13(d) purposes, reflecting holdings across multiple client funds and accounts it advises or manages.

How much voting power over DNOW (DNOW) shares does Dimensional Fund Advisors have?

Dimensional reports sole voting power over 7,758,291 DNOW shares and no shared voting power. It also reports sole dispositive power over 7,956,916 shares, indicating it can direct how those shares are voted and disposed of for its advised funds.

Who actually owns the DNOW (DNOW) shares tied to Dimensional Fund Advisors?

All reported DNOW shares are owned by various Funds and accounts to which Dimensional or its subsidiaries provide advisory or management services. Dimensional may be deemed a beneficial owner for reporting, but it expressly disclaims beneficial ownership of those securities.

Does Dimensional Fund Advisors control more than 5% of DNOW (DNOW) stock?

Dimensional reports a 4.4% beneficial ownership of DNOW’s common stock and indicates “Ownership of 5 percent or less of a class.” It also notes that, to its knowledge, no single client fund holds more than 5% of the class.

What rights do Dimensional’s client funds have regarding DNOW (DNOW) shares?

The Funds described by Dimensional have the right to receive dividends and sale proceeds from their DNOW holdings. Dimensional states these rights apply to the securities held in each fund’s account, while it disclaims beneficial ownership of all such securities.





67011P100

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Dimensional Fund Advisors LP
Signature:Selwyn Notelovitz
Name/Title:Global Chief Compliance Officer
Date:07/14/2026