Danaos Corp
DAC
128 hedge funds and large institutions have $289M invested in Danaos Corp in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 41 increasing their positions, 35 reducing their positions, and 15 closing their positions.
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
17% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 35
15% more call options, than puts
Call options by funds: $56.8M | Put options by funds: $49.4M
13% more funds holding
Funds holding: 113 → 128 (+15)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.34% less ownership
Funds ownership: 20.96% → 20.62% (-0.34%)
4% less capital invested
Capital invested by funds: $303M → $289M (-$13.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.7M |
| 2 |
SWP
Significant Wealth Partners
Cary,
Illinois
|
+$2.95M |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$2.91M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.01M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.45M |
| 3 |
NSGL
No Street GP LP
San Francisco,
California
|
-$5.53M |
| 4 |
Millennium Management
New York
|
-$3.78M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$2.93M |
DAC Hedge Fund Activity: Q1 2024 in Review
128 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q1 2024, worth a combined $289M — down 4.5% from $303M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new DAC positions and 15 closed out — a net gain of 16 holders — while 41 added to existing stakes and 35 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $12.7M. The largest seller was Morgan Stanley, cutting an estimated $10.1M.
- 128 institutional investors held Danaos Corp (DAC) as of Q1 2024, up from 113 in Q4 2023.
- Funds reported $289M of Danaos Corp stock for Q1 2024, down 4.5% quarter-over-quarter.
- 31 funds opened new Danaos Corp positions in Q1 2024 and 15 closed out, a net change of +16 holders.
- The largest Danaos Corp buyer in Q1 2024 was Acadian Asset Management, an estimated $12.7M added.
- The largest Danaos Corp seller in Q1 2024 was Morgan Stanley, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2024.