Danaos Corp
96 hedge funds and large institutions have $356M invested in Danaos Corp in 2021 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 13 closing their positions.
154% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 13
62% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 21
54% more call options, than puts
Call options by funds: $67.7M | Put options by funds: $43.9M
48% more capital invested
Capital invested by funds: $240M → $356M (+$116M)
25% more funds holding
Funds holding: 77 → 96 (+19)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1.55% less ownership
Funds ownership: 24.09% → 22.53% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PE
Point72 Europe
London,
United Kingdom
|
+$6.37M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$4.87M |
| 3 |
Two Sigma Investments
New York
|
+$4.21M |
| 4 |
Millennium Management
New York
|
+$2.51M |
| 5 |
Two Sigma Advisers
New York
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$14.2M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$11M |
| 3 |
NSGL
No Street GP LP
San Francisco,
California
|
-$6.07M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.12M |
| 5 |
Renaissance Technologies
New York
|
-$2.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Goldman Sachs
New York
| – | -$1.07M | -21,586 | Closed |
|
102
Creative Planning
Overland Park,
Kansas
| – | -$856K | -17,248 | Closed |
|
|
VFA
103
Voya Financial Advisors
Windsor,
Connecticut
| – | -$607K | -11,931 | Closed |
|
|
VF
104
Virtu Financial
New York
| – | -$477K | -9,616 | Closed |
|
|
BCM
105
Bayesian Capital Management
Brooklyn,
New York
| – | -$228K | -4,605 | Closed |
|
106
Walleye Capital
New York
| – | -$220 | -4,430 | Closed |
|
|
FMP
107
Financial Management Professionals
Austin,
Texas
| – | -$28K | -561 | Closed |
|
|
SFS
108
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -19 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | +$62 | +1 | New |
|
DAC Hedge Fund Activity: Q2 2021 in Review
96 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q2 2021, worth a combined $356M — up 48% from $240M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new DAC positions and 13 closed out — a net gain of 20 holders — while 34 added to existing stakes and 21 trimmed.
The largest buyer was Point72 Europe, opening a new position worth an estimated $6.37M. The largest seller was Lonestar Capital Management, cutting an estimated $14.2M.
- 96 institutional investors held Danaos Corp (DAC) as of Q2 2021, up from 77 in Q1 2021.
- Funds reported $356M of Danaos Corp stock for Q2 2021, up 48% quarter-over-quarter.
- 33 funds opened new Danaos Corp positions in Q2 2021 and 13 closed out, a net change of +20 holders.
- The largest Danaos Corp buyer in Q2 2021 was Point72 Europe, an estimated $6.37M added.
- The largest Danaos Corp seller in Q2 2021 was Lonestar Capital Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q2 2021.