Danaos Corp
102 hedge funds and large institutions have $397M invested in Danaos Corp in 2021 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 20 closing their positions.
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
11% more capital invested
Capital invested by funds: $356M → $397M (+$40.3M)
6% more funds holding
Funds holding: 96 → 102 (+6)
0.98% more ownership
Funds ownership: 22.53% → 23.51% (+0.98%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
31% less call options, than puts
Call options by funds: $67.1M | Put options by funds: $97.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$9.23M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$7.53M |
| 4 |
Two Sigma Advisers
New York
|
+$6.24M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gratia Capital
Los Angeles,
California
|
-$12.9M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$9.47M |
| 3 |
PE
Point72 Europe
London,
United Kingdom
|
-$7.89M |
| 4 |
Renaissance Technologies
New York
|
-$3.91M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$3.59M |
DAC Hedge Fund Activity: Q3 2021 in Review
102 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q3 2021, worth a combined $397M — up 11% from $356M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DAC positions and 20 closed out — a net gain of 8 holders — while 36 added to existing stakes and 29 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $11M. The largest seller was Gratia Capital, cutting an estimated $12.9M.
- 102 institutional investors held Danaos Corp (DAC) as of Q3 2021, up from 96 in Q2 2021.
- Funds reported $397M of Danaos Corp stock for Q3 2021, up 11% quarter-over-quarter.
- 28 funds opened new Danaos Corp positions in Q3 2021 and 20 closed out, a net change of +8 holders.
- The largest Danaos Corp buyer in Q3 2021 was Susquehanna International Group, an estimated $11M added.
- The largest Danaos Corp seller in Q3 2021 was Gratia Capital, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2021.