Daqo New Energy
23 hedge funds and large institutions have $55.8M invested in Daqo New Energy in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 11 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0.44% more ownership
Funds ownership: 4.3% → 4.74% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
26% less funds holding
Funds holding: 31 → 23 (-8)
32% less capital invested
Capital invested by funds: $82.3M → $55.8M (-$26.5M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$14.2M |
| 2 |
QAM
Quentec Asset Management
New York
|
+$4.51M |
| 3 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
+$2.13M |
| 4 |
ECP
Electron Capital Partners
New York
|
+$2.05M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
-$11.4M |
| 2 |
MCM
Moore Capital Management
New York
|
-$2.58M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$2.28M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.07M |
| 5 |
CAIMH
Central Asset Investments & Management Holdings
Hong Kong
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Balyasny Asset Management
Chicago,
Illinois
| – | -$1.07M | -125,000 | Closed |
|
27
HSBC Holdings
London,
United Kingdom
| – | -$854K | -99,765 | Closed |
|
|
PSC
28
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$321K | -37,500 | Closed |
|
|
AGM
29
Alpine Global Management
New York
| – | -$280K | -32,715 | Closed |
|
30
Jane Street
New York
| – | -$272K | -31,775 | Closed |
|
|
OAM
31
Oberweis Asset Management
Lisle,
Illinois
| – | -$214K | -25,000 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$26K | -3,065 | Closed |
|
|
AP
33
Advisors Preferred
Rockville,
Maryland
| – | -$17.5K | -2,040 | Closed |
|
34
Ameriprise
Minneapolis,
Minnesota
| – | -$3K | -395 | Closed |
|
DQ Hedge Fund Activity: Q4 2014 in Review
23 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q4 2014, worth a combined $55.8M — down 32% from $82.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DQ and 5 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Fidelity International, adding an estimated $14.2M. The largest seller was DnB Asset Management, cutting an estimated $11.4M.
- 23 institutional investors held Daqo New Energy (DQ) as of Q4 2014, down from 31 in Q3 2014.
- Funds reported $55.8M of Daqo New Energy stock for Q4 2014, down 32% quarter-over-quarter.
- 5 funds opened new Daqo New Energy positions in Q4 2014 and 11 closed out, a net change of -6 holders.
- The largest Daqo New Energy buyer in Q4 2014 was Fidelity International, an estimated $14.2M added.
- The largest Daqo New Energy seller in Q4 2014 was DnB Asset Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2014.