Daqo New Energy
22 hedge funds and large institutions have $57.8M invested in Daqo New Energy in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
75% more capital invested
Capital invested by funds: $33M → $57.8M (+$24.9M)
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
16% more funds holding
Funds holding: 19 → 22 (+3)
1.83% more ownership
Funds ownership: 2.23% → 4.05% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.66M |
| 2 |
MCM
Moore Capital Management
New York
|
+$2.26M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$1.53M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.44M |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$642K |
| 2 |
Jane Street
New York
|
-$240K |
| 3 |
Morgan Stanley
New York
|
-$156K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$148K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$69K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Wells Fargo
San Francisco,
California
| – | -$69K | -8,110 | Closed |
|
27
Citigroup
New York
| – | -$3K | -405 | Closed |
|
DQ Hedge Fund Activity: Q2 2014 in Review
22 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q2 2014, worth a combined $57.8M — up 75% from $33M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DQ positions and 5 closed out — a net gain of 3 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $5.66M. The largest seller was Harvest Capital Strategies, exiting entirely with an estimated $642K sold.
- 22 institutional investors held Daqo New Energy (DQ) as of Q2 2014, up from 19 in Q1 2014.
- Funds reported $57.8M of Daqo New Energy stock for Q2 2014, up 75% quarter-over-quarter.
- 8 funds opened new Daqo New Energy positions in Q2 2014 and 5 closed out, a net change of +3 holders.
- The largest Daqo New Energy buyer in Q2 2014 was Guggenheim Capital, an estimated $5.66M added.
- The largest Daqo New Energy seller in Q2 2014 was Harvest Capital Strategies, an estimated $642K sold.
Based on aggregated 13F filings for Q2 2014.