Danaos Corp
17 hedge funds and large institutions have $42.2M invested in Danaos Corp in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 6 closing their positions.
90% more capital invested
Capital invested by funds: $22.3M → $42.2M (+$19.9M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
6% more funds holding
Funds holding: 16 → 17 (+1)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
0.89% less ownership
Funds ownership: 24.08% → 23.2% (-0.89%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$178K |
| 2 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$174K |
| 3 |
Millennium Management
New York
|
+$89.3K |
| 4 |
EGM
Engineers Gate Manager
New York
|
+$78.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
-$902K |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$237K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$190K |
| 4 |
JP Morgan Chase
New York
|
-$107K |
| 5 |
PP
PDT Partners
New York
|
-$68K |
DAC Hedge Fund Activity: Q3 2020 in Review
17 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q3 2020, worth a combined $42.2M — up 90% from $22.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DAC positions and 6 closed out — a net gain of 1 holder — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $178K. The largest seller was RBF Capital, cutting an estimated $902K.
- 17 institutional investors held Danaos Corp (DAC) as of Q3 2020, up from 16 in Q2 2020.
- Funds reported $42.2M of Danaos Corp stock for Q3 2020, up 90% quarter-over-quarter.
- 7 funds opened new Danaos Corp positions in Q3 2020 and 6 closed out, a net change of +1 holder.
- The largest Danaos Corp buyer in Q3 2020 was Marshall Wace, an estimated $178K added.
- The largest Danaos Corp seller in Q3 2020 was RBF Capital, an estimated $902K sold.
Based on aggregated 13F filings for Q3 2020.