Danaos Corp
12 hedge funds and large institutions have $27.8M invested in Danaos Corp in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
20% more funds holding
Funds holding: 10 → 12 (+2)
3% more capital invested
Capital invested by funds: $27.1M → $27.8M (+$692K)
1.7% less ownership
Funds ownership: 21.83% → 20.12% (-1.7%)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$320K |
| 2 |
RC
RBF Capital
San Francisco,
California
|
+$229K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$79.8K |
| 4 |
Neuberger Berman Group
New York
|
+$61.2K |
| 5 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$27.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.73M |
| 2 |
Morgan Stanley
New York
|
-$51K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$17.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$9.89K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NG
1
NatWest Group
Edinburgh, Scotland,
United Kingdom
| $22.7M | – | – | – |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $2.67M | -$2.73M | -342,207 | -54% |
|
|
3
Neuberger Berman Group
New York
| $1M | +$61.2K | +7,677 | +7% |
|
|
4
Renaissance Technologies
New York
| $554K | +$320K | +40,166 | +188% |
|
|
GWM
5
Greenwich Wealth Management
Greenwich,
Connecticut
| $485K | – | – | – |
|
|
RC
6
RBF Capital
San Francisco,
California
| $258K | +$229K | +28,712 | New |
|
|
7
Creative Planning
Overland Park,
Kansas
| $90K | +$79.8K | +10,000 | New |
|
|
8
Morgan Stanley
New York
| $62K | -$51K | -6,390 | -48% |
|
|
PFGIA
9
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $32K | +$27.9K | +3,500 | New |
|
|
10
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $25K | -$17.8K | -2,226 | -44% |
|
|
11
UBS Group
Zurich,
Switzerland
| $1K | -$9.89K | -1,240 | -92% |
|
DAC Hedge Fund Activity: Q3 2019 in Review
12 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q3 2019, worth a combined $27.8M — up 2.5% from $27.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DAC positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $320K. The largest seller was Credit Suisse, cutting an estimated $2.73M.
- 12 institutional investors held Danaos Corp (DAC) as of Q3 2019, up from 10 in Q2 2019.
- Funds reported $27.8M of Danaos Corp stock for Q3 2019, up 2.5% quarter-over-quarter.
- 3 funds opened new Danaos Corp positions in Q3 2019 and 1 closed out, a net change of +2 holders.
- The largest Danaos Corp buyer in Q3 2019 was Renaissance Technologies, an estimated $320K added.
- The largest Danaos Corp seller in Q3 2019 was Credit Suisse, an estimated $2.73M sold.
Based on aggregated 13F filings for Q3 2019.