Danaos Corp
40 hedge funds and large institutions have $121M invested in Danaos Corp in 2020 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 6 closing their positions.
35,667% more call options, than puts
Call options by funds: $1.07M | Put options by funds: $3K
383% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 6
187% more capital invested
Capital invested by funds: $42.2M → $121M (+$79.1M)
135% more funds holding
Funds holding: 17 → 40 (+23)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
4.49% more ownership
Funds ownership: 23.2% → 27.69% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$6.1M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
+$4.81M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$3.34M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$3.26M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
-$18.5M |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
-$844K |
| 3 |
NSGL
No Street GP LP
San Francisco,
California
|
-$689K |
| 4 |
RC
RBF Capital
San Francisco,
California
|
-$235K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$162K |
DAC Hedge Fund Activity: Q4 2020 in Review
40 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q4 2020, worth a combined $121M — up 187% from $42.2M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new DAC positions and 6 closed out — a net gain of 23 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $6.1M. The largest seller was NatWest Group, exiting entirely with an estimated $18.5M sold.
- 40 institutional investors held Danaos Corp (DAC) as of Q4 2020, up from 17 in Q3 2020.
- Funds reported $121M of Danaos Corp stock for Q4 2020, up 187% quarter-over-quarter.
- 29 funds opened new Danaos Corp positions in Q4 2020 and 6 closed out, a net change of +23 holders.
- The largest Danaos Corp buyer in Q4 2020 was Portolan Capital Management, an estimated $6.1M added.
- The largest Danaos Corp seller in Q4 2020 was NatWest Group, an estimated $18.5M sold.
Based on aggregated 13F filings for Q4 2020.