LM
DQ

Luminus Management’s Daqo New Energy DQ Stock Holding History

Luminus Management’s Portfolio DQ Stock Details DQ Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-40,000
Closed -$1.13M – 23
2025
Q3 		$1.13M Buy
+40,000
New +$938K 1.01% 12
2019
Q2 		– Sell
-144,030
Closed -$951K – 119
2019
Q1 		$951K Sell
144,030
-130,715
-48% -$851K 0.02% 117
2018
Q4 		$1.29M Buy
+274,745
New +$1.35M 0.03% 126
2018
Q3 		– Sell
-1,210,000
Closed -$8.6M – 159
2018
Q2 		$8.6M Buy
+1,210,000
New +$12.3M 0.2% 72
2018
Q1 		– Sell
-541,135
Closed -$6.43M – 146
2017
Q4 		$6.43M Sell
541,135
-753,895
-58% -$6.44M 0.14% 80
2017
Q3 		$7.52M Sell
1,295,030
-346,910
-21% -$1.75M 0.2% 87
2017
Q2 		$6.82M Sell
1,641,940
-1,000
-0.1% -$4.07K 0.14% 100
2017
Q1 		$6.17M Sell
1,642,940
-81,740
-5% -$376K 0.16% 103
2016
Q4 		$6.66M Buy
1,724,680
+266,690
+18% +$1.16M 0.15% 86
2016
Q3 		$6.18M Buy
1,457,990
+316,445
+28% +$1.47M 0.16% 85
2016
Q2 		$5.15M Buy
1,141,545
+529,745
+87% +$2.47M 0.15% 92
2016
Q1 		$2.28M Sell
611,800
-35,590
-5% -$116K 0.08% 101
2015
Q4 		$2.16M Sell
647,390
-1,032,185
-61% -$3.42M 0.08% 96
2015
Q3 		$5.37M Buy
1,679,575
+617,675
+58% +$2.05M 0.17% 85
2015
Q2 		$5M Buy
1,061,900
+532,535
+101% +$2.71M 0.16% 87
2015
Q1 		$2.81M Sell
529,365
-61,385
-10% -$279K 0.1% 86
2014
Q4 		$3.11M Buy
590,750
+261,485
+79% +$1.76M 0.11% 90
2014
Q3 		$2.82M Buy
329,265
+235,030
+249% +$1.56M 0.09% 106
2014
Q2 		$603K Buy
+94,235
New +$639K 0.02% 123

Other funds holding DQ

CGIC
Continental General Insurance Company Austin, Texas $693M AUM 90.58% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Franklin Resources
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Mackenzie Financial
Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
PCP
Polunin Capital Partners London, United Kingdom $407M AUM 55.12% 1-Year Est. Return
Arrowstreet Capital
Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Luminus Management's DQ Position: Q4 2025 in Review

Luminus Management sold out of Daqo New Energy (DQ) in Q4 2025, closing a stake of 40,000 shares — an estimated $1.13M sold.

Luminus Management first reported a position in DQ in Q2 2014 and held it in 19 quarters. The position peaked at $8.6M in Q2 2018. 142 funds tracked by Wall St. Rank hold DQ as of Q4 2025.

  • Luminus Management reported no remaining Daqo New Energy position as of Q4 2025 after selling out during the quarter.
  • Luminus Management sold 40,000 Daqo New Energy shares in Q4 2025, an estimated $1.13M.
  • Luminus Management first reported a position in Daqo New Energy in Q2 2014 and held it in 19 quarters.
  • Luminus Management's Daqo New Energy position peaked at $8.6M in Q2 2018.
  • 142 funds tracked by Wall St. Rank held Daqo New Energy as of Q4 2025.

Based on Luminus Management's 13F filing for Q4 2025, filed 17 Feb 2026.