Danaos Corp
10 hedge funds and large institutions have $27.1M invested in Danaos Corp in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 9 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
20.24% more ownership
Funds ownership: 1.59% → 21.83% (+20%)
35% less capital invested
Capital invested by funds: $41.9M → $27.1M (-$14.8M)
47% less funds holding
Funds holding: 19 → 10 (-9)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$89.3K |
| 2 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
+$73.4K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$37.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$14.1K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$11 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$355K |
| 2 |
Bank of New York Mellon
New York
|
-$88K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$36K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$28K |
| 5 |
Neuberger Berman Group
New York
|
-$24.1K |
DAC Hedge Fund Activity: Q2 2019 in Review
10 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q2 2019, worth a combined $27.1M — down 35% from $41.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DAC and 0 opened new positions — a net loss of 9 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Renaissance Technologies, adding an estimated $89.3K. The largest seller was Credit Suisse, cutting an estimated $355K.
- 10 institutional investors held Danaos Corp (DAC) as of Q2 2019, down from 19 in Q1 2019.
- Funds reported $27.1M of Danaos Corp stock for Q2 2019, down 35% quarter-over-quarter.
- 0 funds opened new Danaos Corp positions in Q2 2019 and 9 closed out, a net change of -9 holders.
- The largest Danaos Corp buyer in Q2 2019 was Renaissance Technologies, an estimated $89.3K added.
- The largest Danaos Corp seller in Q2 2019 was Credit Suisse, an estimated $355K sold.
Based on aggregated 13F filings for Q2 2019.