Danaos Corp
24 hedge funds and large institutions have $46.7M invested in Danaos Corp in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 5 closing their positions.
0.01% less ownership
Funds ownership: 0.5% → 0.5% (-0.01%)
4% less funds holding
Funds holding: 25 → 24 (-1)
7% less capital invested
Capital invested by funds: $50M → $46.7M (-$3.26M)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$1.7M |
| 2 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
+$426K |
| 3 |
Neuberger Berman Group
New York
|
+$188K |
| 4 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
+$131K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.18M |
| 2 |
AC
AYM Capital
New York
|
-$349K |
| 3 |
CS
Comerica Securities
Detroit,
Michigan
|
-$316K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$168K |
| 5 |
CMBA
C.M. Bidwell & Associates
Honolulu,
Hawaii
|
-$81K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
26
ClariVest Asset Management
San Diego,
California
| – | -$168K | -1,859 | Closed |
|
|
CMBA
27
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$81K | -893 | Closed |
|
|
CCS
28
Crosspoint Capital Strategies
Orinda,
California
| – | -$59K | -651 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$27K | -306 | Closed |
|
DAC Hedge Fund Activity: Q3 2015 in Review
24 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q3 2015, worth a combined $46.7M — down 6.5% from $50M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DAC and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 7 added.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $1.7M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $2.18M.
- 24 institutional investors held Danaos Corp (DAC) as of Q3 2015, down from 25 in Q2 2015.
- Funds reported $46.7M of Danaos Corp stock for Q3 2015, down 6.5% quarter-over-quarter.
- 4 funds opened new Danaos Corp positions in Q3 2015 and 5 closed out, a net change of -1 holder.
- The largest Danaos Corp buyer in Q3 2015 was Clark Capital Management Group, an estimated $1.7M added.
- The largest Danaos Corp seller in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2015.