Danaos Corp
95 hedge funds and large institutions have $232M invested in Danaos Corp in 2022 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 32 closing their positions.
275% more call options, than puts
Call options by funds: $94.7M | Put options by funds: $25.2M
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
1.85% more ownership
Funds ownership: 19.4% → 21.25% (+1.8%)
4% more capital invested
Capital invested by funds: $224M → $232M (+$8.02M)
9% less funds holding
Funds holding: 104 → 95 (-9)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.2M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.3M |
| 3 |
Lazard Asset Management
New York
|
+$2.99M |
| 4 |
NSGL
No Street GP LP
San Francisco,
California
|
+$2.82M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$7.88M |
| 2 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$3.01M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.79M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.66M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.44M |
DAC Hedge Fund Activity: Q4 2022 in Review
95 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q4 2022, worth a combined $232M — up 3.6% from $224M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of DAC and 25 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 31 added.
The largest buyer was Millennium Management, adding an estimated $15.2M. The largest seller was Marshall Wace, cutting an estimated $7.88M.
- 95 institutional investors held Danaos Corp (DAC) as of Q4 2022, down from 104 in Q3 2022.
- Funds reported $232M of Danaos Corp stock for Q4 2022, up 3.6% quarter-over-quarter.
- 25 funds opened new Danaos Corp positions in Q4 2022 and 32 closed out, a net change of -7 holders.
- The largest Danaos Corp buyer in Q4 2022 was Millennium Management, an estimated $15.2M added.
- The largest Danaos Corp seller in Q4 2022 was Marshall Wace, an estimated $7.88M sold.
Based on aggregated 13F filings for Q4 2022.