Danaos Corp
23 hedge funds and large institutions have $60.7M invested in Danaos Corp in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
118% more capital invested
Capital invested by funds: $27.8M → $60.7M (+$32.9M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
92% more funds holding
Funds holding: 12 → 23 (+11)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
7.01% more ownership
Funds ownership: 20.12% → 27.14% (+7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
+$13.8M |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
+$2.76M |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
+$2.29M |
| 4 |
GC
Gratia Capital
Los Angeles,
California
|
+$2.18M |
| 5 |
Millennium Management
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.67M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$90K |
| 3 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$29K |
| 4 |
Neuberger Berman Group
New York
|
-$26.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
UBS Group
Zurich,
Switzerland
| – | -$1K | -107 | Closed |
|
DAC Hedge Fund Activity: Q4 2019 in Review
23 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q4 2019, worth a combined $60.7M — up 118% from $27.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new DAC positions and 4 closed out — a net gain of 11 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was RBF Capital, adding an estimated $13.8M. The largest seller was Credit Suisse, exiting entirely with an estimated $2.67M sold.
- 23 institutional investors held Danaos Corp (DAC) as of Q4 2019, up from 12 in Q3 2019.
- Funds reported $60.7M of Danaos Corp stock for Q4 2019, up 118% quarter-over-quarter.
- 15 funds opened new Danaos Corp positions in Q4 2019 and 4 closed out, a net change of +11 holders.
- The largest Danaos Corp buyer in Q4 2019 was RBF Capital, an estimated $13.8M added.
- The largest Danaos Corp seller in Q4 2019 was Credit Suisse, an estimated $2.67M sold.
Based on aggregated 13F filings for Q4 2019.