Danaos Corp
21 hedge funds and large institutions have $53M invested in Danaos Corp in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
66% more capital invested
Capital invested by funds: $32M → $53M (+$21M)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
24% more funds holding
Funds holding: 17 → 21 (+4)
0.04% more ownership
Funds ownership: 0.43% → 0.46% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.91M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$434K |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$301K |
| 4 |
Renaissance Technologies
New York
|
+$240K |
| 5 |
SIM
Spark Investment Management
New York
|
+$80.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$165K |
| 2 |
Neuberger Berman Group
New York
|
-$123K |
| 3 |
Barclays
London,
United Kingdom
|
-$40.6K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.04K |
| 5 |
LWA
Lenox Wealth Advisors
New York
|
-$2K |
DAC Hedge Fund Activity: Q1 2014 in Review
21 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q1 2014, worth a combined $53M — up 66% from $32M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DAC positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $1.91M. The largest seller was Bank of Montreal, cutting an estimated $165K.
- 21 institutional investors held Danaos Corp (DAC) as of Q1 2014, up from 17 in Q4 2013.
- Funds reported $53M of Danaos Corp stock for Q1 2014, up 66% quarter-over-quarter.
- 5 funds opened new Danaos Corp positions in Q1 2014 and 1 closed out, a net change of +4 holders.
- The largest Danaos Corp buyer in Q1 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $1.91M added.
- The largest Danaos Corp seller in Q1 2014 was Bank of Montreal, an estimated $165K sold.
Based on aggregated 13F filings for Q1 2014.