Danaos Corp
91 hedge funds and large institutions have $224M invested in Danaos Corp in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 20 reducing their positions, and 21 closing their positions.
127% more call options, than puts
Call options by funds: $90.3M | Put options by funds: $39.8M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
90% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 20
0.74% less ownership
Funds ownership: 21.25% → 20.51% (-0.74%)
4% less capital invested
Capital invested by funds: $232M → $224M (-$8.25M)
4% less funds holding
Funds holding: 95 → 91 (-4)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sagil Capital
London,
United Kingdom
|
+$6.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.74M |
| 3 |
Goldman Sachs
New York
|
+$3.02M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$2.91M |
| 5 |
Renaissance Technologies
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.5M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$6.81M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.78M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$6.38M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.81M |
DAC Hedge Fund Activity: Q1 2023 in Review
91 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q1 2023, worth a combined $224M — down 3.6% from $232M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of DAC and 17 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 38 added.
The largest buyer was Sagil Capital, opening a new position worth an estimated $6.95M. The largest seller was Millennium Management, cutting an estimated $12.5M.
- 91 institutional investors held Danaos Corp (DAC) as of Q1 2023, down from 95 in Q4 2022.
- Funds reported $224M of Danaos Corp stock for Q1 2023, down 3.6% quarter-over-quarter.
- 17 funds opened new Danaos Corp positions in Q1 2023 and 21 closed out, a net change of -4 holders.
- The largest Danaos Corp buyer in Q1 2023 was Sagil Capital, an estimated $6.95M added.
- The largest Danaos Corp seller in Q1 2023 was Millennium Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2023.