Danaos Corp
17 hedge funds and large institutions have $24.9M invested in Danaos Corp in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 3 closing their positions.
665% more capital inflows, than outflows
Capital inflows: $1.12M | Capital outflows: $147K
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 16 → 17 (+1)
0.2% more ownership
Funds ownership: 5.53% → 5.73% (+0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$824K |
| 2 |
Renaissance Technologies
New York
|
+$46.6K |
| 3 |
Spark Investment Management
New York
|
+$46.6K |
| 4 |
Prelude Capital Management
New York
|
+$30.8K |
| 5 |
UBS
Zurich,
Switzerland
|
+$25.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$69.4K |
| 2 |
World Asset Management
Detroit,
Michigan
|
-$51K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$18K |
| 4 |
Barclays
London,
United Kingdom
|
-$4K |
| 5 |
Tower Research Capital (TRC)
New York
|
-$3K |
DAC Hedge Fund Activity: Q3 2013 in Review
17 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q3 2013, worth a combined $24.9M — down 5.6% from $26.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DAC positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 4 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $824K. The largest seller was Neuberger Berman Group, cutting an estimated $69.4K.
- 17 institutional investors held Danaos Corp (DAC) as of Q3 2013, up from 16 in Q2 2013.
- Funds reported $24.9M of Danaos Corp stock for Q3 2013, down 5.6% quarter-over-quarter.
- 4 funds opened new Danaos Corp positions in Q3 2013 and 3 closed out, a net change of +1 holder.
- The largest Danaos Corp buyer in Q3 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $824K added.
- The largest Danaos Corp seller in Q3 2013 was Neuberger Berman Group, an estimated $69.4K sold.
Based on aggregated 13F filings for Q3 2013.