Danaos Corp
27 hedge funds and large institutions have $44.3M invested in Danaos Corp in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 3 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
13% more funds holding
Funds holding: 24 → 27 (+3)
0.02% less ownership
Funds ownership: 0.5% → 0.48% (-0.02%)
5% less capital invested
Capital invested by funds: $46.7M → $44.3M (-$2.44M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$25.2M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$527K |
| 3 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$220K |
| 4 |
Morgan Stanley
New York
|
+$191K |
| 5 |
Neuberger Berman Group
New York
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$27.4M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$69K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$67K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$18K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$997 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $1K | +$665 | +8 | New |
|
|
PPA
27
Parametric Portfolio Associates
Seattle,
Washington
| – | -$69K | -810 | Closed |
|
|
28
Invesco
Atlanta,
Georgia
| – | -$67K | -783 | Closed |
|
|
29
Acadian Asset Management
Boston,
Massachusetts
| – | -$18K | -211 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$997 | -12 | -80% |
|
DAC Hedge Fund Activity: Q4 2015 in Review
27 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q4 2015, worth a combined $44.3M — down 5.2% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DAC positions and 3 closed out — a net gain of 4 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was Northern Trust, opening a new position worth an estimated $25.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $27.4M.
- 27 institutional investors held Danaos Corp (DAC) as of Q4 2015, up from 24 in Q3 2015.
- Funds reported $44.3M of Danaos Corp stock for Q4 2015, down 5.2% quarter-over-quarter.
- 7 funds opened new Danaos Corp positions in Q4 2015 and 3 closed out, a net change of +4 holders.
- The largest Danaos Corp buyer in Q4 2015 was Northern Trust, an estimated $25.2M added.
- The largest Danaos Corp seller in Q4 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $27.4M sold.
Based on aggregated 13F filings for Q4 2015.