Daqo New Energy
22 hedge funds and large institutions have $64.9M invested in Daqo New Energy in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 4 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
16% more capital invested
Capital invested by funds: $55.8M → $64.9M (+$9.15M)
0.74% more ownership
Funds ownership: 4.74% → 5.48% (+0.74%)
4% less funds holding
Funds holding: 23 → 22 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$5.82M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$3.35M |
| 3 |
QAM
Quentec Asset Management
New York
|
+$2.7M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.14M |
| 5 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$681K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$3.5M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
-$3.23M |
| 3 |
CAIMH
Central Asset Investments & Management Holdings
Hong Kong
|
-$1.64M |
| 4 |
EA
Ecofin Advisors
London,
United Kingdom
|
-$948K |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$279K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| – | -$15K | -2,795 | Closed |
|
DQ Hedge Fund Activity: Q1 2015 in Review
22 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q1 2015, worth a combined $64.9M — up 16% from $55.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DQ and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 9 added.
The largest buyer was BNP Paribas Asset Management, opening a new position worth an estimated $5.82M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $3.5M sold.
- 22 institutional investors held Daqo New Energy (DQ) as of Q1 2015, down from 23 in Q4 2014.
- Funds reported $64.9M of Daqo New Energy stock for Q1 2015, up 16% quarter-over-quarter.
- 3 funds opened new Daqo New Energy positions in Q1 2015 and 4 closed out, a net change of -1 holder.
- The largest Daqo New Energy buyer in Q1 2015 was BNP Paribas Asset Management, an estimated $5.82M added.
- The largest Daqo New Energy seller in Q1 2015 was Bank of New York Mellon, an estimated $3.5M sold.
Based on aggregated 13F filings for Q1 2015.