We are live on ! Find out more
DAC icon

Danaos Corp
DAC

17 hedge funds and large institutions have $32M invested in Danaos Corp in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more capital invested

Capital invested by funds: $24.9M → $32M (+$7.04M)

0.02% more ownership

Funds ownership: 0.41% → 0.43% (+0.02%)

0% more funds holding

Funds holding: 17 → 17 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

Holders
17
Holders Change
–
Holders Change %
0%
% of All Funds
0.49%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
4
Reduced
4
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
+$1.51M
2
Renaissance Technologies
Renaissance Technologies
New York
+$54.6K
3
Barclays
Barclays
United Kingdom
+$26.6K
4
CRM
Cramer Rosenthal McGlynn
Connecticut
+$21.5K
5
TRCT
Tower Research Capital (TRC)
New York
+$1.81K

Top Sellers

Rank Fund Capital Flow
1
Neuberger Berman Group
Neuberger Berman Group
New York
-$368K
2
VKH
Virtu KCG Holdings
New York
-$106K
3
PCM
Prelude Capital Management
New York
-$28K
4
Morgan Stanley
Morgan Stanley
New York
-$19.6K
5
Deutsche Bank
Deutsche Bank
Germany
-$15K
Name Holding Trade Value Shares
Change 		Change in
Stake
DRZID
1
DePrince Race & Zollo Inc (DRZ)
Florida
$22.1M +$1.51M +25,020 +8%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$7.8M -$368K -6,104 -5%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$620K -$783 -13 -0.1%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$563K – – –
Morgan Stanley
5
Morgan Stanley
New York
$387K -$19.6K -326 -5%
Renaissance Technologies
6
Renaissance Technologies
New York
$279K +$54.6K +907 +29%
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$79K +$422 +7 +0.6%
SIM
8
Spark Investment Management
New York
$51K – – –
U
9
UBS
Switzerland
$41K +$1.32K +22 +4%
CRM
10
Cramer Rosenthal McGlynn
Connecticut
$25K +$21.5K +357 New
Barclays
11
Barclays
United Kingdom
$25K +$26.6K +442 New
Creative Planning
12
Creative Planning
Kansas
$16K – – –
Bank of America
13
Bank of America
North Carolina
$9K -$1.26K -21 -13%
Wells Fargo
14
Wells Fargo
California
$3K – – –
LWA
15
Lenox Wealth Advisors
New York
$2K – – –
TRCT
16
Tower Research Capital (TRC)
New York
$2K +$1.81K +30 New
BFA
17
BlackRock Fund Advisors
California
$1K – – –
VKH
18
Virtu KCG Holdings
New York
– -$106K -1,900 Closed
PCM
19
Prelude Capital Management
New York
– -$28K -496 Closed
Deutsche Bank
20
Deutsche Bank
Germany
– -$15K -271 Closed

DAC Hedge Fund Activity: Q4 2013 in Review

17 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q4 2013, worth a combined $32M — up 28% from $24.9M a quarter earlier.

Fund positioning in DAC was balanced in Q4 2013: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 4 trimmed.

The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $1.51M. The largest seller was Neuberger Berman Group, cutting an estimated $368K.

  • 17 institutional investors held Danaos Corp (DAC) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $32M of Danaos Corp stock for Q4 2013, up 28% quarter-over-quarter.
  • 3 funds opened new Danaos Corp positions in Q4 2013 and 3 closed out, a net change of 0 holders.
  • The largest Danaos Corp buyer in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $1.51M added.
  • The largest Danaos Corp seller in Q4 2013 was Neuberger Berman Group, an estimated $368K sold.

Based on aggregated 13F filings for Q4 2013.