Danaos Corp
13 hedge funds and large institutions have $3.05M invested in Danaos Corp in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
0.01% more ownership
Funds ownership: 0.14% → 0.14% (+0.01%)
7% less funds holding
Funds holding: 14 → 13 (-1)
14% less capital invested
Capital invested by funds: $3.54M → $3.05M (-$493K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$137K |
| 2 |
Morgan Stanley
New York
|
+$19.6K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.9K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$2.91K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5K |
| 2 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$1K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$166 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Neuberger Berman Group
New York
| $2.54M | +$137K | +5,783 | +5% |
|
|
2
Morgan Stanley
New York
| $180K | +$19.6K | +828 | +10% |
|
3
Bank of New York Mellon
New York
| $159K | – | – | – |
|
|
GWM
4
Greenwich Wealth Management
Greenwich,
Connecticut
| $140K | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| $12K | +$2.41K | +102 | +21% |
|
|
6
SEI Investments
Oaks,
Pennsylvania
| $10K | +$2.91K | +123 | +31% |
|
|
GC
7
Globeflex Capital
San Diego,
California
| $3K | – | – | – |
|
|
8
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $3K | +$3.9K | +165 | New |
|
9
Bank of America
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
FDCDDQ
10
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $1.4K | – | – | – |
|
|
WAM
11
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $1K | – | – | – |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$5K | -195 | Closed |
|
|
AIM
13
Acrospire Investment Management
Chicago,
Illinois
| – | -$1K | -28 | Closed |
|
|
14
Wells Fargo
San Francisco,
California
| – | -$166 | -7 | -88% |
|
DAC Hedge Fund Activity: Q3 2017 in Review
13 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q3 2017, worth a combined $3.05M — down 14% from $3.54M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DAC and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was Neuberger Berman Group, adding an estimated $137K. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $5K sold.
- 13 institutional investors held Danaos Corp (DAC) as of Q3 2017, down from 14 in Q2 2017.
- Funds reported $3.05M of Danaos Corp stock for Q3 2017, down 14% quarter-over-quarter.
- 1 fund opened new Danaos Corp positions in Q3 2017 and 2 closed out, a net change of -1 holder.
- The largest Danaos Corp buyer in Q3 2017 was Neuberger Berman Group, an estimated $137K added.
- The largest Danaos Corp seller in Q3 2017 was Tower Research Capital (TRC), an estimated $5K sold.
Based on aggregated 13F filings for Q3 2017.