Danaos Corp
101 hedge funds and large institutions have $251M invested in Danaos Corp in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 16 closing their positions.
365% more call options, than puts
Call options by funds: $103M | Put options by funds: $22.2M
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
12% more funds holding
Funds holding: 90 → 101 (+11)
10% more capital invested
Capital invested by funds: $228M → $251M (+$22.8M)
7% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 29
2.06% less ownership
Funds ownership: 20.51% → 18.44% (-2.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Ion Asset Management
Herzliya,
Israel
|
+$10.5M |
| 2 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$6.59M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.78M |
| 4 |
Lazard Asset Management
New York
|
+$3.45M |
| 5 |
Jane Street
New York
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.56M |
| 3 |
SC
Sagil Capital
London,
United Kingdom
|
-$6.69M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.81M |
| 5 |
Morgan Stanley
New York
|
-$5.15M |
DAC Hedge Fund Activity: Q2 2023 in Review
101 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Danaos Corp (DAC) for Q2 2023, worth a combined $251M — up 10% from $228M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DAC positions and 16 closed out — a net gain of 11 holders — while 31 added to existing stakes and 29 trimmed.
The largest buyer was Ion Asset Management, opening a new position worth an estimated $10.5M. The largest seller was Millennium Management, cutting an estimated $10.1M.
- 101 institutional investors held Danaos Corp (DAC) as of Q2 2023, up from 90 in Q1 2023.
- Funds reported $251M of Danaos Corp stock for Q2 2023, up 10% quarter-over-quarter.
- 27 funds opened new Danaos Corp positions in Q2 2023 and 16 closed out, a net change of +11 holders.
- The largest Danaos Corp buyer in Q2 2023 was Ion Asset Management, an estimated $10.5M added.
- The largest Danaos Corp seller in Q2 2023 was Millennium Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2023.