Danaos Corp
131 hedge funds and large institutions have $379M invested in Danaos Corp in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 37 reducing their positions, and 24 closing their positions.
106% more call options, than puts
Call options by funds: $85.8M | Put options by funds: $41.7M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 37
31% more capital invested
Capital invested by funds: $289M → $379M (+$89.8M)
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
2% more funds holding
Funds holding: 128 → 131 (+3)
1.4% more ownership
Funds ownership: 20.62% → 22.02% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$16.5M |
| 2 |
Morgan Stanley
New York
|
+$15.9M |
| 3 |
GCS
Gordian Capital (Singapore)
Singapore
|
+$14.7M |
| 4 |
Two Sigma Investments
New York
|
+$6.6M |
| 5 |
JP Morgan Chase
New York
|
+$4.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Storebrand Asset Management
Lysaker,
Norway
|
-$9.48M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.01M |
| 3 |
Millennium Management
New York
|
-$4.86M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.23M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CMBA
151
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$3.75K | -52 | Closed |
|
152
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$3K | -35 | Closed |
|
|
FGAM
153
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$388 | -5 | Closed |
|
|
PTC
154
Private Trust Company
Cleveland,
Ohio
| – | -$289 | -4 | Closed |
|
155
Fidelity Investments
Boston,
Massachusetts
| – | -$72 | -1 | Closed |
|
DAC Hedge Fund Activity: Q2 2024 in Review
131 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q2 2024, worth a combined $379M — up 31% from $289M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DAC positions and 24 closed out — a net gain of 3 holders — while 49 added to existing stakes and 37 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $16.5M. The largest seller was Storebrand Asset Management, exiting entirely with an estimated $9.48M sold.
- 131 institutional investors held Danaos Corp (DAC) as of Q2 2024, up from 128 in Q1 2024.
- Funds reported $379M of Danaos Corp stock for Q2 2024, up 31% quarter-over-quarter.
- 27 funds opened new Danaos Corp positions in Q2 2024 and 24 closed out, a net change of +3 holders.
- The largest Danaos Corp buyer in Q2 2024 was Acadian Asset Management, an estimated $16.5M added.
- The largest Danaos Corp seller in Q2 2024 was Storebrand Asset Management, an estimated $9.48M sold.
Based on aggregated 13F filings for Q2 2024.