Daqo New Energy
31 hedge funds and large institutions have $82.3M invested in Daqo New Energy in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
42% more capital invested
Capital invested by funds: $57.8M → $82.3M (+$24.4M)
41% more funds holding
Funds holding: 22 → 31 (+9)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.25% more ownership
Funds ownership: 4.05% → 4.3% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$5.38M |
| 2 |
CAIMH
Central Asset Investments & Management Holdings
Hong Kong
|
+$5.01M |
| 3 |
Bank of New York Mellon
New York
|
+$4.69M |
| 4 |
EA
Ecofin Advisors
London,
United Kingdom
|
+$2.19M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.52M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
-$5.34M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.26M |
| 4 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$1.44M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $8K | – | – | – |
|
|
MTIP
27
Magee Thomson Investment Partners
San Diego,
California
| $5K | +$67 | +10 | +1% |
|
28
Ameriprise
Minneapolis,
Minnesota
| $3K | +$666 | +100 | +34% |
|
|
U
29
UBS
Zurich,
Switzerland
| $2K | – | – | – |
|
30
Citigroup
New York
| $2K | +$1.63K | +245 | New |
|
31
Bank of America
Charlotte,
North Carolina
| $1K | -$69.9K | -10,500 | -99% |
|
|
AAP
32
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$1.44M | -225,000 | Closed |
|
|
LCM
33
Laurion Capital Management
New York
| – | -$576K | -90,025 | Closed |
|
|
KCM
34
Keywise Capital Management
Grand Cayman,
Cayman Islands
| – | -$405K | -63,325 | Closed |
|
35
Millennium Management
New York
| – | -$354K | -55,290 | Closed |
|
|
SIM
36
SSI Investment Management
Los Angeles,
California
| – | -$341K | -53,325 | Closed |
|
DQ Hedge Fund Activity: Q3 2014 in Review
31 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2014, worth a combined $82.3M — up 42% from $57.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DQ positions and 5 closed out — a net gain of 9 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Fidelity International, adding an estimated $5.38M. The largest seller was Fidelity Investments, cutting an estimated $5.52M.
- 31 institutional investors held Daqo New Energy (DQ) as of Q3 2014, up from 22 in Q2 2014.
- Funds reported $82.3M of Daqo New Energy stock for Q3 2014, up 42% quarter-over-quarter.
- 14 funds opened new Daqo New Energy positions in Q3 2014 and 5 closed out, a net change of +9 holders.
- The largest Daqo New Energy buyer in Q3 2014 was Fidelity International, an estimated $5.38M added.
- The largest Daqo New Energy seller in Q3 2014 was Fidelity Investments, an estimated $5.52M sold.
Based on aggregated 13F filings for Q3 2014.