We are live on ! Find out more
DAC icon

Danaos Corp
DAC

19 hedge funds and large institutions have $42.1M invested in Danaos Corp in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.01% more ownership

Funds ownership: 0.46% → 0.47% (+0.01%)

10% less funds holding

Funds holding: 21 → 19 (-2)

21% less capital invested

Capital invested by funds: $53M → $42.1M (-$10.9M)

57% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 7

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

Holders
19
Holders Change
-2
Holders Change %
-9.52%
% of All Funds
0.55%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
3
Reduced
7
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
+$1.08M
2
RCM
Rotella Capital Management
Washington
+$75.1K
3
Renaissance Technologies
Renaissance Technologies
New York
+$60.5K
4
Morgan Stanley
Morgan Stanley
New York
+$10K

Top Sellers

Rank Fund Capital Flow
1
Neuberger Berman Group
Neuberger Berman Group
New York
-$438K
2
Bank of New York Mellon
Bank of New York Mellon
New York
-$98.3K
3
Invesco
Invesco
Georgia
-$75.2K
4
SIM
Spark Investment Management
New York
-$44.5K
5
CAM
ClariVest Asset Management
California
-$14.4K
Name Holding Trade Value Shares
Change 		Change in
Stake
DRZID
1
DePrince Race & Zollo Inc (DRZ)
Florida
$29.2M +$1.08M +12,533 +4%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$8.83M -$438K -5,059 -5%
AC
3
AYM Capital
New York
$769K – – –
Bank of New York Mellon
4
Bank of New York Mellon
New York
$707K -$98.3K -1,136 -12%
Renaissance Technologies
5
Renaissance Technologies
New York
$605K +$60.5K +700 +11%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$529K – – –
Morgan Stanley
7
Morgan Stanley
New York
$503K +$10K +116 +2%
Invesco
8
Invesco
Georgia
$314K -$75.2K -869 -19%
CAM
9
ClariVest Asset Management
California
$253K -$14.4K -167 -5%
California Public Employees Retirement System
10
California Public Employees Retirement System
California
$96K – – –
SIM
11
Spark Investment Management
New York
$91K -$44.5K -514 -32%
RCM
12
Rotella Capital Management
Washington
$71K +$75.1K +868 New
U
13
UBS
Switzerland
$47K -$605 -7 -1%
CRM
14
Cramer Rosenthal McGlynn
Connecticut
$29K – – –
Creative Planning
15
Creative Planning
Kansas
$19K – – –
Bank of America
16
Bank of America
North Carolina
$10K – – –
TRCT
17
Tower Research Capital (TRC)
New York
$6K -$3.89K -45 -39%
Wells Fargo
18
Wells Fargo
California
$4K – – –
BFA
19
BlackRock Fund Advisors
California
$1K – – –
HI
20
Hudock Inc
Pennsylvania
– -$5K -50 Closed
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
– -$1K -5 Closed

DAC Hedge Fund Activity: Q2 2014 in Review

19 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q2 2014, worth a combined $42.1M — down 21% from $53M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of DAC and 1 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 3 added.

The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $1.08M. The largest seller was Neuberger Berman Group, cutting an estimated $438K.

  • 19 institutional investors held Danaos Corp (DAC) as of Q2 2014, down from 21 in Q1 2014.
  • Funds reported $42.1M of Danaos Corp stock for Q2 2014, down 21% quarter-over-quarter.
  • 1 fund opened new Danaos Corp positions in Q2 2014 and 3 closed out, a net change of -2 holders.
  • The largest Danaos Corp buyer in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $1.08M added.
  • The largest Danaos Corp seller in Q2 2014 was Neuberger Berman Group, an estimated $438K sold.

Based on aggregated 13F filings for Q2 2014.