Danaos Corp
DAC
113 hedge funds and large institutions have $303M invested in Danaos Corp in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 16 closing their positions.
112% more call options, than puts
Call options by funds: $108M | Put options by funds: $51.2M
55% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 29
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
20% more capital invested
Capital invested by funds: $251M → $303M (+$51.3M)
5% more funds holding
Funds holding: 108 → 113 (+5)
1.73% more ownership
Funds ownership: 19.23% → 20.96% (+1.7%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.5M |
| 2 |
SAM
Storebrand Asset Management
Lysaker,
Norway
|
+$8.76M |
| 3 |
IAM
Ion Asset Management
Herzliya,
Israel
|
+$4.76M |
| 4 |
Millennium Management
New York
|
+$4.03M |
| 5 |
NSGL
No Street GP LP
San Francisco,
California
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$12M |
| 2 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
-$8.59M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$4.73M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.3M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
126
Tower Research Capital (TRC)
New York
| – | -$67K | -1,012 | Closed |
|
|
CG
127
Cutler Group
San Francisco,
California
| – | -$10.1K | -149 | Closed |
|
|
CA
128
Clearstead Advisors
Cleveland,
Ohio
| – | -$5.56K | -84 | Closed |
|
129
Fidelity Investments
Boston,
Massachusetts
| – | -$66 | -1 | Closed |
|
DAC Hedge Fund Activity: Q4 2023 in Review
113 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q4 2023, worth a combined $303M — up 20% from $251M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new DAC positions and 16 closed out — a net gain of 5 holders — while 45 added to existing stakes and 29 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.5M. The largest seller was Marshall Wace, cutting an estimated $12M.
- 113 institutional investors held Danaos Corp (DAC) as of Q4 2023, up from 108 in Q3 2023.
- Funds reported $303M of Danaos Corp stock for Q4 2023, up 20% quarter-over-quarter.
- 21 funds opened new Danaos Corp positions in Q4 2023 and 16 closed out, a net change of +5 holders.
- The largest Danaos Corp buyer in Q4 2023 was Morgan Stanley, an estimated $13.5M added.
- The largest Danaos Corp seller in Q4 2023 was Marshall Wace, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2023.