Danaos Corp
23 hedge funds and large institutions have $49.8M invested in Danaos Corp in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 3 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
22% more capital invested
Capital invested by funds: $40.9M → $49.8M (+$8.9M)
15% more funds holding
Funds holding: 20 → 23 (+3)
0.01% more ownership
Funds ownership: 0.49% → 0.5% (+0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$873K |
| 2 |
Neuberger Berman Group
New York
|
+$433K |
| 3 |
CS
Comerica Securities
Detroit,
Michigan
|
+$282K |
| 4 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
+$158K |
| 5 |
CMBA
C.M. Bidwell & Associates
Honolulu,
Hawaii
|
+$69.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$443K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$215K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$122K |
| 4 |
SIM
Spark Investment Management
New York
|
-$57K |
| 5 |
AC
AYM Capital
New York
|
-$45.5K |
DAC Hedge Fund Activity: Q1 2015 in Review
23 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q1 2015, worth a combined $49.8M — up 22% from $40.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DAC positions and 3 closed out — a net gain of 3 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $873K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $443K sold.
- 23 institutional investors held Danaos Corp (DAC) as of Q1 2015, up from 20 in Q4 2014.
- Funds reported $49.8M of Danaos Corp stock for Q1 2015, up 22% quarter-over-quarter.
- 6 funds opened new Danaos Corp positions in Q1 2015 and 3 closed out, a net change of +3 holders.
- The largest Danaos Corp buyer in Q1 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $873K added.
- The largest Danaos Corp seller in Q1 2015 was Renaissance Technologies, an estimated $443K sold.
Based on aggregated 13F filings for Q1 2015.