Danaos Corp
21 hedge funds and large institutions have $6.59M invested in Danaos Corp in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 8 closing their positions.
0.05% less ownership
Funds ownership: 0.21% → 0.16% (-0.05%)
13% less funds holding
Funds holding: 24 → 21 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
46% less capital invested
Capital invested by funds: $12.2M → $6.59M (-$5.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
FCA Corp
Houston,
Texas
|
+$99.6K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$50.8K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$49.8K |
| 4 |
ARTA
A.R.T. Advisors
New York
|
+$46.8K |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
+$12.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.63M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$894K |
| 3 |
SIM
Spark Investment Management
New York
|
-$135K |
| 4 |
Renaissance Technologies
New York
|
-$128K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$122K |
DAC Hedge Fund Activity: Q2 2016 in Review
21 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q2 2016, worth a combined $6.59M — down 46% from $12.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DAC and 5 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was FCA Corp, adding an estimated $99.6K. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $1.63M sold.
- 21 institutional investors held Danaos Corp (DAC) as of Q2 2016, down from 24 in Q1 2016.
- Funds reported $6.59M of Danaos Corp stock for Q2 2016, down 46% quarter-over-quarter.
- 5 funds opened new Danaos Corp positions in Q2 2016 and 8 closed out, a net change of -3 holders.
- The largest Danaos Corp buyer in Q2 2016 was FCA Corp, an estimated $99.6K added.
- The largest Danaos Corp seller in Q2 2016 was Clark Capital Management Group, an estimated $1.63M sold.
Based on aggregated 13F filings for Q2 2016.