Danaos Corp
16 hedge funds and large institutions have $22.3M invested in Danaos Corp in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 9 closing their positions.
2.94% less ownership
Funds ownership: 27.03% → 24.08% (-2.9%)
17% less capital invested
Capital invested by funds: $26.8M → $22.3M (-$4.53M)
30% less funds holding
Funds holding: 23 → 16 (-7)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$78.7K |
| 2 |
Squarepoint
New York
|
+$63.6K |
| 3 |
PP
PDT Partners
New York
|
+$16.9K |
| 4 |
BlackRock
New York
|
+$13.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$10.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$768K |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
-$505K |
| 3 |
Renaissance Technologies
New York
|
-$424K |
| 4 |
NSGL
No Street GP LP
San Francisco,
California
|
-$407K |
| 5 |
Neuberger Berman Group
New York
|
-$297K |
DAC Hedge Fund Activity: Q2 2020 in Review
16 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q2 2020, worth a combined $22.3M — down 17% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DAC and 2 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $78.7K. The largest seller was Lonestar Capital Management, cutting an estimated $768K.
- 16 institutional investors held Danaos Corp (DAC) as of Q2 2020, down from 23 in Q1 2020.
- Funds reported $22.3M of Danaos Corp stock for Q2 2020, down 17% quarter-over-quarter.
- 2 funds opened new Danaos Corp positions in Q2 2020 and 9 closed out, a net change of -7 holders.
- The largest Danaos Corp buyer in Q2 2020 was Susquehanna International Group, an estimated $78.7K added.
- The largest Danaos Corp seller in Q2 2020 was Lonestar Capital Management, an estimated $768K sold.
Based on aggregated 13F filings for Q2 2020.