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Danaos Corp

23 hedge funds and large institutions have $60.7M invested in Danaos Corp in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

275% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 4

118% more capital invested

Capital invested by funds: $27.8M → $60.7M (+$32.9M)

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

92% more funds holding

Funds holding: 1223 (+11)

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

7.01% more ownership

Funds ownership: 20.12%27.14% (+7%)

Holders
23
Holders Change
+11
Holders Change %
+91.67%
% of All Funds
0.45%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
15
Increased
4
Reduced
3
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NG
1
NatWest Group
United Kingdom
$23.1M -$29 -3 -0%
RC
2
RBF Capital
California
$13.4M +$13.8M +1,434,415 +4,996%
NSGL
3
No Street GP LP
California
$10.7M +$11.2M +1,165,000 New
MA
4
MYDA Advisors
New York
$2.62M +$2.76M +285,550 New
JC
5
JBF Capital
Colorado
$2.18M +$2.29M +237,061 New
GC
6
Gratia Capital
California
$2.07M +$2.18M +225,496 New
Renaissance Technologies
7
Renaissance Technologies
New York
$1.42M +$898K +93,021 +151%
Millennium Management
8
Millennium Management
New York
$1.2M +$1.26M +130,790 New
Neuberger Berman Group
9
Neuberger Berman Group
New York
$1M -$26.1K -2,701 -2%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$913K +$960K +99,415 New
GWM
11
Greenwich Wealth Management
Connecticut
$495K
Two Sigma Investments
12
Two Sigma Investments
New York
$262K +$275K +28,487 New
LCM
13
Laurion Capital Management
New York
$230K +$241K +25,000 New
Morgan Stanley
14
Morgan Stanley
New York
$213K +$157K +16,281 +235%
ARTA
15
A.R.T. Advisors
New York
$164K +$173K +17,917 New
JP Morgan Chase
16
JP Morgan Chase
New York
$151K +$158K +16,418 New
MWNA
17
Marshall Wace North America
New York
$140K +$147K +15,247 New
Marshall Wace
18
Marshall Wace
United Kingdom
$132K +$139K +14,359 New
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$106K +$112K +11,630 New
FIA
20
FNY Investment Advisers
New York
$105K +$111K +11,488 New
BlackRock
21
BlackRock
New York
$40K +$42.2K +4,372 New
Deutsche Bank
22
Deutsche Bank
Germany
$32K +$7.73K +801 +29%
PFGIA
23
Patriot Financial Group Insurance Agency
Massachusetts
$5K -$29K -3,000 -86%
CS
24
Credit Suisse
Switzerland
-$2.67M -296,493 Closed
Creative Planning
25
Creative Planning
Kansas
-$90K -10,000 Closed

DAC Hedge Fund Activity: Q4 2019 in Review

23 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q4 2019, worth a combined $60.7M — up 118% from $27.8M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new DAC positions and 4 closed out — a net gain of 11 holders — while 4 added to existing stakes and 3 trimmed.

The largest buyer was RBF Capital, adding an estimated $13.8M. The largest seller was Credit Suisse, exiting entirely with an estimated $2.67M sold.

  • 23 institutional investors held Danaos Corp (DAC) as of Q4 2019, up from 12 in Q3 2019.
  • Funds reported $60.7M of Danaos Corp stock for Q4 2019, up 118% quarter-over-quarter.
  • 15 funds opened new Danaos Corp positions in Q4 2019 and 4 closed out, a net change of +11 holders.
  • The largest Danaos Corp buyer in Q4 2019 was RBF Capital, an estimated $13.8M added.
  • The largest Danaos Corp seller in Q4 2019 was Credit Suisse, an estimated $2.67M sold.

Based on aggregated 13F filings for Q4 2019.